The NFT infrastructure protocol Decent has completed a $3.5 million seed round of financing, with participation from Y Combinator and others
ChainCatcher news, according to The Block, the NFT infrastructure protocol Decent has completed a $3.5 million seed round financing, led by Archetype, with participation from Y Combinator, Circle Ventures, Palm Tree Crew Crypto, and angel investors including its co-founder Kyrre Gorvell-Dahll (also known as Kygo, Norwegian DJ and music producer), Ilya Fushman from KPCB, and Ian Lapham from Uniswap Labs. The funds were raised through equity and token warrants, and Decent will use them to hire a full-stack engineer to expand its six-person team.
It is reported that Decent was founded in 2021 with the aim of creating a curated NFT marketplace for artists to help them monetize their works. Last month, Decent launched the Creator HQ protocol, a no-code creation and management hub for artists to customize and build unique NFT projects and manage their revenue, splits, metadata, and more. (The Block)