DROPS

DROPS

Web3 Money Market

About DROPS

Founded

2021

Community

Drops provides loans for NFTs and DeFi assets, supplying them with much-needed utility. The protocol uses lending pools that enable any type of NFT asset to be used as collateral – from collectibles and metaverse items to financial NFTs. Users can leverage their idle NFTs and DeFi tokens to obtain loans and earn extra yield.

Investors

Bitscale CapitalBitscale Capital
GenBlock CapitalGenBlock Capital
Axia8 VenturesAxia8 Ventures
Blocksync VenturesBlocksync Ventures
X21 DigitalX21 Digital
D64 VenturesD64 Ventures
Drops VenturesDrops Ventures
AU21 CapitalAU21 Capital
Marc WeinsteinMarc Weinstein
Joseph DelongJoseph Delong
Richard MaRichard Ma
Nick SawinyhNick Sawinyh
Regan BozmanRegan Bozman
Michael GuMichael Gu
Cooper TurleyCooper Turley
Ben LakoffBen Lakoff
Andrey BalyasnikovAndrey Balyasnikov
Sergei ChanSergei Chan
Hartej SawhneyHartej Sawhney

Fundrasing details

Funding RoundAmountValuation
Date
Investors
Seed
$1.00M
--
2021-05-03
Bitscale CapitalBitscale Capital
GenBlock CapitalGenBlock Capital
+ 17