Web3 luxury brand Juhnz completes $1 million seed round financing, led by Bixin

ChainCatcher news, Web3 luxury brand Juhnz has completed a $1 million seed round financing, led by Bixin, with participation from LK Ventures, family offices from Singapore and Hong Kong, as well as individual investors from major U.S. real estate firms. This round of financing will be used to explore the integration of physical goods with blockchain digital applications, accelerating the expansion of the Phygital track.

In addition, Juhnz will initially release 500 limited edition NFTs of China's top Fujian Silver Needle white tea, each product equipped with a high-end dynamically encrypted NFC chip for authenticity verification and traceability. After receiving the product, customers can tap their phones on the chip to access all information about the tea. This sale will only support an invitation-based purchasing method.