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Rage.Fan: Raises $1.6M in Funding | Fintech InShorts: Latest fintech news, analysis by experts

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Rage.Fan: Raises $1.6M in Funding

By Steve Sam

March 21, 2021

Rage.Fan, a British Virgin Islands-based fan-first fantasy & uNFT sports platform, raised $1.6m in funding
Backers included Genesis Block Ventures (GBV) Capital, X21 Digital, Chronos Ventures, Magnus Capital, Moonrock Capital, AU21 Capital, Spark Digital, Moonwhale Ventures and Momentum 6
The company intends to use the funds to develop and institute a blockchain-centric fantasy sports platform
Rage.Fan provides a fan-first fantasy & uNFT sports platform providing players with rewards and governance power through the blockchain
The $RAGE token has multiple utilities and provides holders with more earning opportunities
The fantasy sports platform will also be the first launcher of uNFTs in the form of Action Cards and the GeoNFTs platform tagged to viewership, ownership, and access to specific locations

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