Dropp Gg Raises $8M To Merge The Metaverse With The Physical World
01/26/22, 8:07 AM
Location
san franciscoMoney raised
$8 million
Dropp GG has raised $8 million to develop its novel conceptual framework for mixed reality events that blend real-world activities with its proprietary metaverse environment. The investors behind this funding include Animoca Brands, Three Arrows Capital, DeFiance Capital, Alameda Research, Spartan Capital, Genblock Capital and Anti Fund VC, all of which are active investors behind significant blockchain projects that are shaping new technologies and user experiences.
Company Info
Location
san francisco, california, united states
Additional Info
Dropp is introducing a new play-to-earn paradigm, where users mint nonfungible tokens (NFT) by applying augmented reality (AR) filters during explorations in the physical world. Dropp is behind the notable NFT collaboration between Hiroshi Fujiwara, the "godfather of streetwear" and legendary musician, and Mark Gonzales, one of the pioneers of modern skateboard culture. Dropp is unique in that it will allow users to plant NFTs in real-world locations in real-time.