NFT Tropee raised $5,000,000

NFT Tropee reported that European web company Tioga Capital has decided to invest $5,100,000 in their project. This is not the first investment round that was able to raise funds on the side of NFT Tropee. Earlier names such as Sebastian Borge, Thibaut Lone, Grégoire Le Jeune and Laurensng Houkulak appeared on the list of investors. NFT Tropee did not provide a final score for their startup.

Borje is known for being the founder of The Sandbox metaverse. Thibault Lone is one of the creators of the platform for buying/selling non-fungible Exclusible tokens. Le Jeune was one of the co-founders of the decentralized finance platform Geometry, and Hukulak had a hand in the creation of the NFT platform Gem.

Now projects that make the process of creating NFT tokens easier are very popular among crypto enthusiasts who invest their funds. The largest platform for non-fungible tokens, OpenSea, together with Haun Vnetures, recently expressed their support for platforms for mining NFT tokens without a token. OpenSea backed Fair.xyz while Haun Ventures helped the founders of Highlight.

Tropee's NFTs differ from their competitors in that most projects take care of the minting process of non-fungible tokens, while Tropee will assist NFT token creators after the minting process.

The founder of NFT Tropee, François Mal, said in an interview that the project will promote the development of branding of non-fungible tokens. In addition, Mal said that an NFT token could be anything, whether it be an event, an exclusive interview, an audiobook, or even 1 on 1 with celebrities.

The idea behind the NFT Tropee was to create a complicated user experience with branding after the creation of a non-fungible token. According to him, the creators of NFT tokens experience various difficulties in distributing their creativity due to dependence on Google forms and Discord servers.

Three people joined Mal's opportunity to realize the idea, including one of the founders of the French photographic company Meero. The founders of NFT Tropee have experience helping to promote brands such as G-Star and Christian Lacroix. Now the four, who met in May 2021, have decided to use their knowledge in a more advanced area, the cryptocurrency market.

According to François Male, the co-founders of NFT Tropee are not at all interested in the minimum price of popular collections of non-fungible tokens. In his opinion, the trend of NFT tokens can become more useful:

Many people bought not because they were passionate about the community or their NFTs, but because they wanted to make a quick buck. The next step will be about buying NFTs to get value out of them, be it real or digital value.