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Synopsis
DIGITAL, a metaverse investment platform, led a $50m Series A round in RECUR, a technology company that designs and develops on-chain branded experiences allowing fans to buy, collect, and re-sell digital products and collectibles. "At RECUR, we are building a future where NFTs can be taken anywhere as tokens of personal expression, community membership, and fandom, among so many other use cases. Our goal is to give fans the opportunity to own pieces of the stories and IPs they love, with real value retained across any future chain. Further, we see a future where the standard for a decentralized recurring royalty is embedded, giving the creator due credit as assets are exchanged over and over again," Zach Bruch and Trevor George, RECUR Co-Founders.
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