- Splyt Core, a Los Angeles, CA-based maker of an open source ecommerce protocol built around the eNFT, raised a total of $2.75m in funding
- Backers included Master Ventures, Bigcoin Capital and Kyros Ventures
- The Splyt Core App also allows existing e-commerce stores to Plug and Play, integrating into the layer-2 eNFT infrastructure
- Splyt deploys a unique multilayered network that includes companies, cooperatives, and foundations which designed to ensure cooperation, compliance, and user engagement at every level
- The first use case Maison Du, built to cater to the luxury industry, and will launch with over 2000 brands, affiliates, and stores
- The company also intends to use the funds to expand to more brands and to develop technology, build apps, and marketing their message
