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Memelords, Dank Bank, Announce $4.2069M In Funding From Mechanism Capital, Samsung Next, Former Coinbase Exec, And More, In Bid To Monetize Iconic Moments In Internet History

Memelords, Dank Bank, Announce $4.2069M In Funding From Mechanism Capital, Samsung Next, Former Coinbase Exec, And More, In Bid To Monetize Iconic Moments In Internet History

04/01/22, 9:00 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgdover
Money raised
$4.21 million
Round Type
seed
Dank Bank, the first NFT trading platform dedicated entirely to memes, viral videos, and other iconic moments in internet history, today announced the completion of its $4.2069M pre-seed round intended to back founders, Harry Jones and Prez Thomas, in their efforts to empower content creators to monetize their viral creations. The multi-million dollar round backed by Mechanism Capital, Samsung NEXT, and former Coinbase CTO Balaji Srinivasan as well as Morningstar Ventures, Vincent Van Dough’s Starry Night Capital, Kyros Ventures, and Cryptopathic, the creator of Feisty Doge, will equip Jones and Thomas with the necessary resources to allow communities to invest in their favorite creators and the content they produce. Their innovative vision blends NFTs and DeFi, and is designed to empower fans and followers to invest in the intellectual property of their favorite creators. Dank Bank is acting on the knowledge that the most valuable collectibles will always be those that are the most culturally significant, and that there is nothing more significant to modern society than memes and viral videos.

Company Info

Company
Memelords
Location
dover, delaware, united states
Additional Info
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