Monday, October 25, 2021

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Splyt Core: Raises $2.75M in Funding

  • 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
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