Proof Raises $50M in Latest Funding Round

NFT collective Proof has announced that it has successfully raised $50 million in its Series A funding round. The round was led by Andreessen Horowitz, with participation from companies such as Ventures and Collab+Currency.

Funding round details

In a press release, evidence CEO Kevin Rose says they are happy with the amount of support they have received and plan to continue to provide excellent products and services. His one of these products is Moonbirds Mythics, Tsukidori NFT collection announced with funding.

This release will consist of 20,000 profile photo NFTs and will be released in early 2023. Ahead of the rollout, Proof announced that its licenses and IP will be handled by a decentralized autonomous entity. Moonbirds DAOFinally, Proof will launch both a social media platform and a native token to expand its ecosystem and further connect users.

These give us much more insight into user behavior, and given how successful this year’s collection was, there’s quite a bit to report.

When we do something, it should be unique with real utility and push the possibilities in new and exciting directions.‘ says Rose.

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