HomeNFTNifty League Raises $5M in Seed Funding

Nifty League Raises $5M in Seed Funding

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Nifty League, a New York-based NFT gaming platform provider, raised $5M in Seed funding.

The round was led by RSE Ventures with participation from Spartan Group, Lerer Hippeau, VaynerFund, Private Ventures Group, Advancit W3, Avocado Guild, EVOS Gaming, TEOH Capital, 3SE Holdings, y2z Ventures, Nyan Heroes, Matthew Kalish, and Gallery Media Group.

The company intends to use the funds to build out the team with key strategic hires, scale the platform, enhance their product offering and capabilities, and accelerate awareness and engagement across their growing ecosystem.

Led by CEO Andrew Mahoney-Fernandes, Nifty League provides a platform that allows users to access online multiplayer play-and-earn games, competing to earn rewards within the Nifty League community. The Niftyverse, an expanding collection of games and community anchors centered around nostalgia, encourages builders, players, and owners to spend time connecting, gaming, and earning in Web3. Nifty League released their first game “Nifty Smashers” at launch, with a pipeline of additional games planned for future development.

FinSMEs

03/03/2022

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