CDS Startups Decent Raises $3.5 Million
Startups

Decent Raises $3.5 Million

375
decent raises $3.5 million in seed funding round
decent raises $3.5 million in seed funding round

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. 

SOURCE

VISIT OUR OTHER BLOGS: ALL NEWS

Written by
Burak DANACI

The author focused on financial markets after graduating from Anadolu University, Department of Economics. After meeting with blockchain technology in 2019, he produces content on youtube and twitter in this field.

Leave a comment

Leave a Reply

Related Articles

Phoenix AI Ecosystem Fund Launched with Contributions from JDI Group and Tensor

20 Million Dollar Phoenix AI Ecosystem Fund launched.

MicroStrategy Acquires 3,000 BTC Amid Bitcoin ETFs’ Impending Overtaking of Gold ETFs

MicroStrategy's recent Bitcoin acquisition aligns with forecasts suggesting that Bitcoin ETFs could...

USDe Developer Ethena Raises $14 Million in Strategic Investment Round

USDe developer Ethena said that with the latest funding, its valuation has...

Jupiter Crypto Exchange Unveils WEN through its Latest Token Launchpad

Jupiter Crypto exchange introduces WEN Token via new token launchpad.