Fancurve raises US$6.25 million to generate jersey NFTs

Non-fungible token (NFT) jersey startup Fancurve raised US$6.25 million in a seed round to generate digital jerseys that can be collected and exchanged across numerous platforms.

Fancurve will use its additional funding to expand its platform and acquire agreements with athletes, teams, artists, and metaverse firms.

Greenfield One led the financing, which comprised 6th Man Ventures, OneFootball, and Shima Capital.

Former German international soccer players André Schürrle and Mario Götze were among the investors.

OneFootball recently raised $300 million in a Series D investment, which will be used to develop and invest in metaverse technology.

The fashion sector of the NFT ecosystem is fast expanding, with big footwear and sportswear brands launching digital collections and investing in relevant startups in the hopes of capitalizing on their brands' popularity in the metaverse.

Fancurve's CEO and founder, Chris Chaney, expressed his commitment to modernizing the definition of sports fandom for today's digital age and reinventing what it will become in the future.

As they study the emerging Web 3.0 environment, he added, their first aim is to build a trustworthy and engaging platform for their users.

The first digital jerseys will be available later this week, and a collaboration with a LaLiga soccer team will be announced next month.