Tropee raises €5M to revolutionize NFT utilities – Tropee
Summary
Were excited to announce that Tropee has raised 5 million in a Seed round of funding, led by Tioga Capital, with participation from industry veterans including Lorens Huculak (Gem), Thibault Launay (Exclusible), S\xe9bastien Borget (The Sandbox) and Gr\xe9goire le Jeune.The funding will help Tropee drive the next phase of the NFT industry - delivering on our mission to turn NFTs from simple JPEGs into engaging assets with long-term value, and allowing anyone to build utilities for any NFT community. Following a period of speculation in the market, this announcement promises to revitalize the crypto space and secure a bright future for NFTs.Some of the worlds biggest brands, including Frederique Constant, 20 Mint, NFT Paris, Rug Radio, G-Star RAW or Christian Lacroix are already using Tropee to build and deliver digital and physical utilities to their NFT holders. By offering everything from merchandise and events to discounts, whitelists, raffles and more, these creators are able to keep their community engaged, loyal and sticky. The organization is uniquely positioned to bring NFT utility to life by enabling countless use cases for content creators, protocols, brands, corporates, and many more. Fran\xe7ois Mahl, co-founder at Tropee concluded: We firmly believe that the next phase of the NFT industry will be taking NFTs beyond just being a JPEG or piece of art.