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Dapper Labs Leads $5M-Plus Seed Funding Round for Music NFT Platform RCRDSHP
The platform is bringing electronic music-inspired NFTs and collectibles to the Flow blockchain.
By Eli Tan
Updated May 11, 2023, 5:48 p.m. Published Sep 16, 2021, 12:00 p.m. 1 min read
RCRDSHP, a digital collectibles platform for electronic music, closed a seed investment round that led by Dapper Labs and notable non-fungible token (NFT) collectors Metakovan and Twobadour, the company announced Thursday.
The platform raised over $5 million, a representative told CoinDesk.
The marketplace will run on Dapper Labs’ Flow blockchain, which is known for hosting the popular NBA Top Shot series of digital collectibles. In June, Dapper Labs CEO Roham Gharegozlou was among several people who invested in a $4 million seed round for NFT marketplace NFT Genius to get the music-themed marketplace onto the Flow blockchain.
RCRDSHP plans to release packs of collectibles that will “encapsulate a unique aspect of an artist, label or festival’s musical worlds” and prioritize affordability, the company said in a press release.
The latest pack released by RCRDSHP featured a combination of artist portraits and digital artwork. The 8,888 packs that were included in the release sold out in less than eight minutes.
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FalconX has hired Cantor and other bankers to advise on a potential IPO and confidentially filed draft paperwork with the SEC, though the listing is not expected until later this year amid volatile market conditions.
Ano ang dapat malaman:
- FalconX has confidentially filed a draft S-1 with the SEC and hired Cantor to advise on a potential IPO, according to a source.
- The crypto prime broker, last valued at $8 billion in 2022, serves institutional clients including hedge funds, asset managers and market makers.
- Cooling investor sentiment, weaker trading...
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