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Gary Vee’s work on Web3, his flagship product, and his own work ve friends The NFT project raised $50 million in a recent seed funding round led by Andreessen Horowitz (a16z). The newly injected funds will be used primarily to support the development of IP for the project’s 283 VeeFriends characters, but in addition, the funds will be used to expand VeeFriends’ creative, technical, and experimental operations. Also used for
So far, it’s not clear if there were other participants in the round, or if a16z was the sole contributor. Speaking at the round, Chris LyonsGeneral Partner of a16z said:
Vee Friends is not only an exciting NFT project, but also offers offline and in-person utility through curated experiences like VeeCon. We are very honored to have the opportunity to support the VeeFriends community.”
By supporting the project with its financial strength, a16z All in all, VeeFriends has released over 10 collaborations, most notably VeeFriends branded UNO in partnership with Mattel Creations. Deck release.
The collection has amassed over 200,000 ETH in primary and secondary sales in a relatively short lifespan and has since ranked among OpenSea’s top 30 most traded collections.
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*All investment/financial opinions expressed by NFT Plaza are based on the personal research and experience of the site moderators and are intended for educational material only. , the product should be thoroughly investigated.
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