Non-fungible token (NFT) platform Curio has raised $1.2 million in a seed round.
The seed round was led by early-stage venture capital firm Future Perfect Ventures, with participation from A195 Capital, LongHash Ventures, MoonWhale Ventures, as well as former Time Inc. CEO and Fox Entertainment executive Rich Battista.
Curio, which allows brands and content owners to create digital fan experiences and collectibles, plans to use the cash influx to expand its team and operations, as well as further develop its technology and partner integrations that “enable fans to engage in a more modern way around the content and entertainment brands they love,” according to the press release.
The platform also plans to integrate with payment protocols Filecoin and Polygon to “enhance the functionality” of the platform for brands that want to create non-fungible tokens.
“Curio is on a mission to usher in the future of fandom, providing deeper emotional connections with their biggest fans,” said Curio CEO Juan M. Hernandez. “The modern fan expects to be able to do more with the things they love. We enable engaged digital natives to own a piece of the action wherever they go, in a manner that is certified and authentic.”
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