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Ftx Ventures Leads $5M Seed Round For Nft Trust Layer Doppel

May 24, 2022•about 3 years ago

Amount Raised

$5 Million

Round Type

seed

San Francisco

Description

Doppel, a real-time, cross-chain monitoring service for detecting NFT fraud and counterfeits, today announced the close of a $5 million seed investment round led by FTX Ventures. Additional participants in the seed round include Solana Ventures, Polygon Studios, OpenSea Ventures, Dapper Labs, SV Angel, South Park Commons, Script Capital, Spartan Group, Paxos, Punk 6529, Quiet Capital, AlphaLab Capital, and prominent angels such as Balaji Srinivasan, Sabrina Hahn, Gokul Rajaram, Magic Eden co-founder, and Tagomi co-founder.

Company Information

Company

Doppel

Location

San Francisco, California, United States

About

Doppel is a real-time, cross-chain monitoring service for detecting NFT fraud and counterfeits. Doppel provides the underlying infrastructure and tooling needed for content creators, collectors, and marketplaces to protect their IP and determine legitimacy. It is able to detect and identify counterfeit NFTs and bad actors in under 1 minute. Doppel was founded with the goal of building trust in the NFT ecosystem and protecting IP. Platforms utilizing Doppel's detection AI are able earn the trust of their user base by assuring them that NFTs that exist on the marketplace are genuine, have not been tampered with, and that by purchasing one you are supporting the creator. To learn more, visit: https://www.doppel.xyz/