Based is a Los Angeles, CA-based communication platform centered on NFTs that enables users to surface NFT content from friends and communities. Led by Adam Lurie, the product starts on Solana with personalized feeds that surface relevant NFT activity from friends, groups, and projects users follow. The platform aims to reduce the tens of millions of SOL transactions a day to the dozens that individual users personally care about. Users can share and discuss content within smaller token-gated groups and private chats. Based is launching with MKRS, a custom-designed NFT collection that segments holders into micro-communities to foster deeper engagement. The company raised $3.5M in pre-seed financing to fund core operations and intends for NFT proceeds to be recycled back into the MKRS community.

Total raised

$4M

Funding rounds

1

Latest round

Seed

Latest activity

Aug 2022