NFT Authentication Company Optic Closes $11 Million Seed Round Led by Pantera Capital and Kleiner Perkins

NFT authentication company Optic has closed an $11 million seed round led by Pantera Capital and Kleiner Perkins, with participation from OpenSea, Circle, Polygon, and others. The funds raised will be used to build out the core AI infrastructure and scale the team. Optic will reportedly release new tools NFT creators, collectors, as well as a public API for web3 developers. Currently, Optic is developing an AI engine for NFT content recognition that processes millions of newly minted NFTs every day and matches the content against authentic collections to assess their originality.