NFT Membership Platform Hang Raised $16M in Series A Led by Paradigm

NFT membership platform Hang announced that it has closed a $16m Series A funding round led by Paradigm, with participation from Tiger Global, Thirty Five Ventures, Night Ventures. The fund raised will be used to double down on the expansion of the product, engineering and go-to-market teams. Hang's platform aims to help brands set up membership rules, add benefits and rewards and connect third-party services. The membership programs utilize NFTs to incentivize customers and build connections between brands and customers. So far, Hang has partnered with global brands including Budweiser, Pinkberry and Bleacher Report.
Source

NFT

Fund Raising

Paradigm

Related News
Solana-based memecoin generator Pump.fun raising $1 billion via token sale: report Solana-based memecoin generator Pump.fun raising $1 billion via token sale: report
Cobie's ICO platform Sonar goes live with Plasma seeking $50 million at $500 million token valuation Cobie's ICO platform Sonar goes live with Plasma seeking $50 million at $500 million token valuation
Quantum Cats NFT floor price plunges 54% post-Taproot Wizards mint Quantum Cats NFT floor price plunges 54% post-Taproot Wizards mint
Blur’s decline fuels OpenSea’s market share surge amid broader NFT struggles Blur’s decline fuels OpenSea’s market share surge amid broader NFT struggles
Ethereum security platform Drosera raises $3.25 million in funding, brings total funding to $4.75 million Ethereum security platform Drosera raises $3.25 million in funding, brings total funding to $4.75 million
Latest News More More
12 Hours Ago Chinese creditors push back against FTX's motion to forfeit payouts in restricted jurisdictions
3 Days Ago TON Foundation offers path to 10-year UAE 'Golden Visa' for $100k in staked TON, $35k fee; UAE denies eligibility
6 Days Ago Tether plans further Bitcoin mining expansion in South America with Adecoagro tie up
July 3 North Korean hackers use fake Zoom updates to deliver ‘NimDoor’ macOS malware targeting crypto firms
July 3 JPMorgan's blockchain unit tests new carbon credit tokenization application with S&P Global
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open