Paris Hilton invests in Afterparty's new NFT ticketing platform
Angel investors, including Paris Hilton, and other notable names, invested a total of $4 million in Afterparty's upcoming Polygon-based NFT ticketing platform
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Afterparty, an NFT-focused platform, has successfully raised $4 million from angel investors for the development of its NFT ticketing platform on the Polygon Network. This round of funding brings the total funds raised by Afterparty to $7 million.
The angel investors’ list included notable names such as Paris Hilton, Jason Calacanis, NBA star Andre Iguodala, Zillow co-founder Spencer Rascoff, executive producer of ‘Project Runaway’ Desiree Gruber, and VC firm Headline’s Nicole Farb. The unsolicited funding round also had the leading seed investors of Afterparty - Acrew Capital, Blockchange, and TenOneTen Ventures.
Afterparty, an all-in-one ticket organiser, has plans to launch its second NFT collection, ‘The Guardians,’ along with the NFT marketplace on the Polygon Network. The NFT marketplace is expected to launch sometime in May. Afterparty’s CEO David Fields said they were moving to Polygon to lower the transaction fees for Afterparty users and differentiate themselves from the traditional platforms such as TicketMaster and Stubhub, known for high transaction fees.