CR3 Labs builds FungyProof, an NFT quality-assessment platform that generates an at-a-glance grade for NFT collections by combining crowd-sourced reviews with technical data analysis. The grade evaluates project team and community credibility and token attributes such as permanence, tokenomics, energy efficiency, and market integrity. The company raised $1M in a pre-seed round to support growth. CR3 Labs intends to use the funds to hire additional talent and expand its product offering with a crowd-sourced token review system. Planned product extensions include support for additional blockchains and the release of an API. Company leadership and partners expect FungyProof to become a widely accepted standard for platforms aiming to provide authentic and high-quality NFTs.

Total raised

$1M

Funding rounds

1

Latest round

Seed

Latest activity

Apr 2022