Optic.xyz Funding Round

7/21/2022

Venture Equity

$11,000,000

Seed

The company will use the funds toward building out the cost-intensive infrastructure and hiring engineering talent, Optic co-founder and CEO Andrey Doronichev told CoinDesk in an interview.

Private & Independent

Blockchain

Undisclosed
San Francisco, CA 94016
USA

Undisclosed

The magic of an NFT is what it inspires. The doors it unlocks, the passionate communities that form around it and the ways it can be endlessly reimagined and remixed. Optic gives people superpowers to look across the internet and see how far any NFT has traveled and how it's changed along the way. So if someone falls in love with what you've made and creates incredible art with it, you'll know. And if someone crops your image and claims it as their original work, you'll know that too. But we don't police what happens next. We leave that choice to the communities who create, love and trade this content. We know the power of that choice. We've seen companies hoard it, earning billions by policing creativity. So we want to put that choice back in the hands of the people who've built this ecosystem. Our mission is to bring transparency to the media on blockchains so all communities can realize their creative and economic potential.