Drops
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Overview
Drops combine NFTs and Defi by creating a platform that offers NFT assets and their use. They built on the second-layer scaling solution of Polygon. Their users use their NFT assets to receive trustless loans and yield farms, thereby reducing the opportunity cost of long-term storage. They bring decentralized finance infrastructure to non-fungible tokens, providing essential utility to unused NFT assets.
About
Industries
Financial Services, Finance, FinTech, Digital Entertainment, Peer to Peer, Cryptocurrency, Non-Fungible Token (NFT)
Founded
2021
Employees
1-10
Headquarters locations
United States, North America
Social
N/A
Profile Resume
Drops headquartered in United States, North America, operates in the Financial Services, Finance, FinTech, Digital Entertainment, Peer to Peer, Cryptocurrency, Non-Fungible Token (NFT) sector. The company focuses on Financial Services and has secured $30.6M in funding across 28 round(s). With a team of 1-10 employees, Drops is actively contributing to advancements in Financial Services. Their latest funding round, Seed Round - Drops, raised $1.1M. Discover more about their projects, partnerships, and impact on our platform.
Funding Rounds
Funding rounds
1
Investors
17
Lead Investors
0
Total Funding Amount
$1.1M
Details
1
Drops has raised a total of $1.1M in funding over 1 rounds.
| Announcement date | Transaction name | Number of Investors | Money raised | Lead Investor |
|---|---|---|---|---|
| 2021 | Seed | 1.1M |
Investors
Drops is funded by 17 investors.
| Investor Name | Lead Investor | Funding Round | Partners |
|---|---|---|---|
| Blocksync Ventures | - | FUNDING ROUND - Blocksync Ventures | 1.1M |
| Nick Sawinyh | - | FUNDING ROUND - Nick Sawinyh | 1.1M |
| Drops | - | FUNDING ROUND - Drops | 1.1M |
| Andrey Balyasnikov | - | FUNDING ROUND - Andrey Balyasnikov | 1.1M |
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