The Venture Codex Logo

The Venture Codex

DeFine

Seoul, Seoul-t'ukpyolsi, South Korea

Overview

DeFine is a social NFT platform serving creators including artists, musicians, influencers, gamers, and athletes, facilitating interaction and engagement with digital assets like NFTs and social/fan tokens. Its core product includes an NFT-based social profile system that constructs social identity for users based on contributions and achievements in the digital world. DeFine previously supported Ethereum, Binance Smart Chain, and Tron and plans continued multi-chain NFT development. After integrating with Polygon in early October, DeFine will bring its social profile system to the Polygon ecosystem and grant users badges representing on-chain activities. The company says funds from the strategic investment will be used for developer network growth and to expand social NFT features on Polygon. DeFine aims to lower NFT entry barriers for non-crypto users and to facilitate broader social interaction between creators and their audiences, offering special badges and perks for Polygon users. DeFine is an NYC-based social NFT platform for creators including artists, musicians, influencers, gamers, and athletes. Led by Global Operation Lead Myoung Hoon Kang, the platform facilitates social interaction, engagement, and communication between creators and their fan bases using digital assets such as NFTs and social/fan tokens. The company raised $5M in a funding round to support growth. Investors include Huobi Ventures, Abyss, PearlAbyss and several Asian blockchain funds and entertainment investors. DeFine plans to use the strategic investment to expand connections between partner companies within the NFT ecosystem. The company intends to combine creators with NFTs to bring them into mainstream mediums, with a particular focus on the gaming and entertainment industry.

Total raised
$5M
Funding rounds
2
Latest round
Equity
Latest activity
Jul 2021

Industries

  • Gaming
  • Music
  • Social Media
Visit website

Recent funding

  1. Equity

    Jul 2021

    $5M

Team

No current team members are available.