RECUR Secures $50M In Series A Funding Round
NFT startup RECUR, raised $50M in a Series A Funding Round at a $333M Valuation. The fundraising came from DIGITAL, a metaverse fund founded by Steve Cohen, Mark Daniel and Benjamin Milstein.
RECUR CEO also share in his article the previous investor of the platform that includes Defi Alliance, Courtside VC, Volt Capital, Joe Lubin, The Winklevoss Twins, Gary Vaynerchuk, Scott Belsky, Hashed, Nascent, Delphi Ventures, JST Capital, Divergence, 640 Oxford, IOSG, CMT Digital, David Choi, Jason Derulo, Scott Lewis and Chris Hermida
RECUR, imagine a future where NFTs can be taken anywhere as tokens of personal expression, community membership, and fandom, among so many other use cases. They want fans to own pieces of the stories and IPs they love, with real value retained across any future chain. They also see a future where the standard for a decentralized RECUR-ing royalty is embedded, giving the creator due credit as assets are exchanged over and over again.
ABOUT RECUR
RECUR design and develop on-chain branded experiences for fans to buy, collect, and re-sell NFTs
