Markets
BSE See NSE See 72,943.68
-456.10 (-0.62%)
 

News Details

FanAnywhere Raises Seed Funding; Emerges from Stealth Mode to Open Gateways to Metaverses for Celebrities
A clutch of 16 venture capitals invest in the startup that is building the world's first platform for celebrity NFTs, and NFTs & Fan Tokens of sports clubs

FanAnywhere, a start-up building the worlds first platform for celebrity NFTs, and NFTs Fan Tokens of sports clubs, has announced that it has raised seed funding from a clutch of investors and is emerging from stealth mode. The initial seed round has come from 16 Venture capitals including Oasis Capital, Scorpio VC, DeltaHub Capital, Dutch Crypto Investors, Hello Capital, Kangaroo Capital, Magnus Capital, ZBS Capital, HotBit Exchange, R-930 Capital, Halving Capitals, Mars Ventures, Unilayer Capital, MoonCarl, IBC Group, 7 oClock Capital.

FanAnywhere aims to become aone-stop blockchain solution for a celebrity to engage the fan base and is preparing to launch its Initial DEX Offering (IDO) shortly. The funding showcases the belief of investors in the Metaverse and NFT space as it gains increasing relevance for the future.

Commenting on the announcement,Varun ChaudharyandAmit Kumar, Co-founders of FanAnywhere said, We are building the worlds first platform for utility-based Celebrity NFTs, and NFTs Fan Tokens of sports clubs, which will open gateways to Metaverses for celebrities. The funding will be deployed in making the technology more robust and enhancing our reach with the emphasis on transitioning the Celebrities as well as their fans towards the future of fan following and theFanAnywhereway of Reimagined Fandom;. The belief of investors and their support is invaluable for us as together we can create a successful social blockchain-based fraternity, bridging the emotional bridge between popular entities and their fans.

Sharing views on the progress,Magnus Capitalquotes, FanAnywhere addresses a rapidly evolving market where fans have longed to share in the success of their favourite celebrities. The project connects the fans to a celebritys fame, and is offering a collaborative opportunity to engage in a more meaningful way. We are buoyant about this space and excited to work with the brilliant team of FanAnywhere.

At present, a few blockchain-based platforms are being used in the industry. Some of them offer fan tokens, trade exchanging, and third-party integrations, with existing applications. However, there is currently no platform that offers all of it conveniently in one place. That where FanAnywhere comes in. FanAnywhere has been developed to support tokens, an NFT marketplace, trade exchanging, and third-party integrations. It has its native token called FAW and allows influential individuals and brands to create their own tokens for fan engagement. It goes one step further by enabling fans to utilize these tokens and NFTs in creative engagement activities developed by third-party integrations. We saw a great opportunity to be a part of FanAnywhere growth story and excited about the future,opinedArtashes Sarkisjan, Co-owner at Dutch Crypto Investors.

Varun ChaudharyandAmit Kumarare IIT Roorkee grads and experienced tech entrepreneurs. FanAnywhere has also on-boarded advisors such as Arun SwamiPersaud, Business Creation Specialist, Yash Dahenkar, Founder at Acknoledger, serial entrepreneur Evan Luthra and Evald Hannes Kree, Founder at Relite Finance.

For more information on FanAnywhere, please visit their website at fananywhere.com.


For more information on investors, please visit - scorpio.vc and oasiscapital.com.bh

 

News List

 
3/30/2023 10:50:11 AM

Tresorfx, a leading global investment firm, is excited to announce the launch of its new and revolutionary automated copy trading service for investors. This new service aims to help retail investors automatically copy the Tresorfx master accoun...


3/30/2023 9:38:34 AM

Planify has recently opened its doors to bring onboard the rapidly emerging star in the Crude Coal tar Industry, VCI Chemical Industries. Planify is the biggest platform that connects entrepreneurs with investors for hassle-fr...


3/29/2023 3:58:52 PM

KlarifyLife, an initiative by HDFC Life, has launched Term Guide;, a customised solution that aims to simplify the decision-making process for customers while purchasing term insurance. It also works as an aid for customers who are in the proces...


3/29/2023 2:55:52 PM

TechGig, India largest developer community, announced a strategic partnership with LinkedIn, the worlds largest professional network firm, for better engagement and outreach with the community. The idea behind the collaboration is to leverage Li...


3/29/2023 12:20:49 PM

FlyBlade India (BLADE India), a joint venture between Hunch Ventures and Blade Air Mobility, Inc. (NASDAQ: BLDE), and Jaunt Air Mobility (Jaunt), an AIRO Group company, announced today a strategic partnership to launch electric vertical take-off...


12345678910...