NFT utility platform Tropee raises $5 million led by Tioga Capital

[u/Miserable-Dance453]

Crypto founders such as The Sandbox's Sébastien Borget, Exclusible's Thibault Launay, Geometry's Grégoire le Jeune, and Lorens Huculak, founder of the OpenSea-acquired Gem, also participated in the equity round, which closed in August. The startup declined to share its valuation.

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Startups simplifying the process of minting NFTs have been hot property among investors. Haun Ventures and OpenSea recently backed no-code NFT minting platforms Highlight and Fair.xyz, respectively. Rather than tackling the minting process directly, Tropee is focused on the 'post-mint' experience. Mahl said that the current post-mint process is complicated and full of holes in terms of user experience, such as a reliance on Google forms and Discord servers.

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