Blockchain-based fan engagement platform SportZchain has raised $4,00,000 in a pre-seed funding spherical led by Darq Capital. Jagadeesh Atukuri, Director of Comply Dot, and SHISAN Investments (co-founded by EX-COO of Goldman Sachs) amongst others additionally participated within the spherical.
The funds might be utilised to construct the platform’s alpha model of an interactive blockchain-based internet app and implementing branding & advertising and marketing initiatives to drive consciousness round its distinctive choices.
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Ideated in March 2021, the Singapore-based SportZchain was based by Siddharth Jaiswal with the assumption that sports activities followers deserve a primary proper to be heard by their favorite sports activities groups, assist them make the proper choices by voting on official binding polls, and reap monetary positive aspects by proudly owning branded sports activities token.
The corporate is backed by Ajeet Khurana (Ex-CEO of Zebpay and Head of Blockchain & Crypto Committee, India), Suhail Chandok (Star Sports activities TV Presenter, Analyst & Commentator – IPL, ICC Cricket, World Cups, Professional Kabaddi, Wimbledon, and so on.), Oksana Belousova (CEO of Fenix Know-how), to call a couple of.