Based Raises $3.5M To Build Micro-Networks Around Nfts
08/03/22, 3:09 PM
Location
los angelesMoney raised
$3.5 million
Round Type
seed
Based, a communication platform built around NFTs, today announced it raised $3.5M in pre-Seed funding in anticipation of its upcoming NFT release. The round was led by Progression Fund, a consumer fund focused on generational shifts. Additional investors include Hannah Grey, Collab+Currency, Palm Tree Crew, Franklin Templeton, GFR, and crypto-focused angels and influencers including SolBigBrain.
Company Info
Location
2816 main st
los angeles, california, united states
Additional Info
In doing so, the platform reduces the tens of millions of SOL transactions a day to the dozens that users personally care about. In doing so, the company can drive both a world class product and NFT community at the same time. Based enables users to easily surface NFT content from their friends and communities to share between smaller token-gated groups and private chats. About BasedBased is where your NFT inner circles overlap.