A press release on Dapper’s website revealed that the $17.4 million (approximately Rs 132 crore) raised in seed funding was led by Tiger Global Management.
According to a Bloomberg report , a set approach for funding has yet to be made official by FanCraze or the companies involved in the funding round.
Founded in 2021, FanCraze was founded by Stanford University alumnus and former investment banker Anshum Bhambri and two others.
The company’s journey begins after creating Digital Cricket Collectibles in collaboration with the International Cricket Council (ICC) to develop the Cricket NFT marketplace. This happened with the landing of $17.4 million (about Rs 132 crore) in a seed fundraising round from FanCraze. A press release
on Dapper’s website revealed that the $17.4 million (about Rs 132 crore) raised in seed funding was led by Tiger Global Management, with participation from Coatue and Sequoia Capital India and Dapper Labs last year. Was. As reported by CoinDesk, Fancrase CEO Anshum Bhambri said at the time
That the company’s mission is “Creating the Metaverse of Cricket”. The platform is built on Flow. This is the same blockchain network that runs NBA Top Shot.
According to the company’s website , FanCraze launched its first pack of NFTs in the market in January. They capture some of the most popular moments of the NFT game, including MS Dhoni leading India to victory with a six at the Wankhede Stadium in the 2011 World Cup, South Africa’s fumble against Australia, Yuvraj Singh’s unforgettable six and the 2003 World Cup. Involves the ball being thrown out of the park by Sachin Tendulkar against Pakistan.