coindesk.com
RCRDSHP, a digital collectibles platform for electronic music, closed its first investment round led by Dapper Labs and NFT collectors Metakovan and Twobadour, the company announced Thursday. The raise exceeds $5 million, a representative told CoinDesk.
The marketplace will run on Dapper Labs’ Flow blockchain, which is known for hosting the popular NBA Top Shot series of digital collectibles. In June, Dapper Labs CEO Roham Gharegozlou was among several people who invested in a $4 million seed round for NFT marketplace NFT Genius to get the music-themed marketplace on to the Flow blockchain.
RCRDSHP plans to release packs of collectibles will “encapsulate a unique aspect of an artist, label, or festival’s musical worlds” and prioritize affordability, the company said in a press release.
The latest pack released by RCRDSHP featured a combination of artist portraits and digital artwork.
DISCLOSURE