SportZchain, India’s first blockchain-based fan engagement platform to connect fans and sports teams, has recently closed Pre-Seed funding of $400,000.
The round was led by Darq Capital, a new-age VC fund investing in crypto/blockchain-based ventures, and other investors such as Jagadeesh Atukuri, Director of Comply Dot, and SHISAN Investments (founded by five partners including former COO of Goldman Sachs) also participated in this round.
According to the official statement, SportZchain will utilise these funds on two fronts: building its alpha version of an interactive blockchain-based web app and implementing branding and marketing initiatives to drive awareness around its unique offerings.
