DeFine Raises $5M in Funding


DeFine, a NYC-based social NFT platform, raised $5M in funding.

The round was led by Huobi Ventures, Abyss, a K-Pop/eSports entertainment management company, and global game developer PearlAbyss, makers of the game Black Desert. The round also includes Asian blockchain funds including Draper Dragon, NGC Ventures, and SevenX Ventures. Other notable investors include ONBUFF NFT fund holders of SNK, a top Korean global licensing and game publisher, and DJ 3LAU. and major Korean gaming & entertainment companies.

Led by Myoung Hoon Kang, Global Operation Lead, DeFine is the social NFT platform for all creators including artists, musicians, influencers, gamers, and athletes. The platform facilitates all social interaction, engagement, and communication for creators and their fan base with digital assets like NFTs and social/fan tokens.

In conjunction with strategic investment, DeFine will expand these companies to connect within the NFT world. The company will combine creators with NFTs to bring them into mainstream mediums, especially within the gaming & entertainment industry.