CDS Startups Forum3 Raises $10 Million in Seed Funding Round
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Forum3 Raises $10 Million in Seed Funding Round

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Forum3 Raises $10 Million in Seed Funding Round
Forum3 Raises $10 Million in Seed Funding Round

Forum3 is a company specialized in branded digital collections.

About the Seed Round

Forum3, the Digital Collection Firm that helped strengthen Starbucks’ latest Web3 loyalty program, recently announced that it had received $10 million in funding in a seed round. Among the participants in the round, which was led by Decasonic, were investors such as Bloccelerate, Liberty City Ventures, Arca, Polygon Ventures and Valor Siren Ventures. 

The company is led by co-founders entrepreneur Andy Sack and Adam Brotman, former Chief Digital Officer of Starbucks and VC, it seems that the arrival of a partnership agreement with Starbucks would not be a surprise. 

Forum3 co-CEO Andy Sack said in a statement; “Given my professional men’s and backgrounds, uniquely positioned as one of the leading companies in the world Forum3 business to help assemble the right digital strategy and consumer brands delight their customers digitally, I like the approach with taking a job at Starbucks Starbucks Odyssey.”

The Company and Starbucks are helping customers access digital collectables and other web3 opportunities by removing the need for web3 wallets for access. Thanks to this service, customers only need their credentials to collect their rewards. We will bring up the developments of this project launched on Polygon again in the future. 

About Forum3 

Forum3 is a web3 next-generation loyalty and digital transformation company. They produce gamified solutions for consumers and brands.

Forum3 believes that Web3 is the foundation for the next generation of consumer engagement and loyalty, and that everyone should have the opportunity to become a consumer, participant, member and owner. The company brings authenticity, inspiration and fun to the first Web3-powered universal loyalty platform for consumers and brands.

SOURCE 

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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.

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