Primitives, a New York-based provider of a web3 application designed to facilitate a new way of connecting digitally through experience-based NFTs that users collect in their wallets, raised $4M in Pre-Seed funding.
The round was led by Redpoint with participation from Union Square Ventures, Harlem Capital, and Stellation Capital.
Led by CEO David “DJ” Gabeau, Primitives is a web3 social application which allows users to create and connect online with NFTs. Built on the eco-friendly Solana blockchain, the app enables users to join via a Primitives NFT given by a friend or event organizer. On sign up they are guided through creating another NFT that becomes their profile picture. As users create and share Primitives, they’ll automatically build a portable map of their social connections. This social graph can be adopted by any web3 application that integrates with Primitives and belongs to the user as an NFT.
FinSMEs
25/05/2022