Decent, an NFT infrastructure protocol, has attracted Y Combinator and other investors with the aim of helping artists monetize their work.
About the Seed Funding Round Decent
Recently, Decent, an NFT infrastructure protocol, announced that it has received $3.5 million in funding from the seed funding round. Y Combinator, Circle Ventures, Palm Tree Crew Crypto and co-founder Kyrre Gorvell-Dahl also participated in the round, which was led by crypto-focused venture capital firm Archetype, while some angel investors including Ilya Fushman from Kleiner Perkins and Ian Lapham from Uniswap Labs also participated.
This NFT infrastructure protocol was founded in 2021 as a selected NFT market for artist publications. In addition, Decent launched the protocol, which consists of Creator HQ and a javascript SDK, last month.
Decent Co-Founder Will Collier said: “Creator HQ is a no-code creation and management hub for artists to customize and build unique NFT projects and manage their revenue, splits, metadata and more. The SDK allows any developer to build on top of and customize our smart contracts and infrastructure with just a few lines of javascript — a far more globally known language than Solidity (which is what smart contracts are written in).”
In addition, the CEO of the company stated that the company will expand its existing team by recruiting another fully equipped engineer with this funding.
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