Mercury has secured seed funding to build a white-label NFT platform for spots leagues and teams. The NFT platform will help Universities, leagues and teams to provide fans with digital collectibles on their own platforms.
Boston-based Mercury has secured this seed capital from Apolo Ohno, the eight-time Olympic gold medalist and bestselling author, Collab+Currency, a leading crypto focused investment fund, and Rich Vogel, a noted investor, strategist and startup advisor.
“We started Mercury to give sports leagues and teams the ability to leverage NFT and blockchain technology to build long-term engagement platforms for their fanbases,” said Porter Grieve, co-founder and CEO of Mercury. “Too many teams have been going with a smash and grab approach to NFTs.”