Netvrk
New York, NY, United States
Overview
Network is a shared virtual reality platform that specializes in blockchain and gaming and features a, patented virtual world generator.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 5
Sector focus
- Blockchain
- Gaming
- Internet
- Product Search
- Service Industry
Investment portfolio
- Animal Concerts
Participated · Equity · Feb 2022
Animal Concerts is a next-generation metaverse entertainment platform operating at the intersection of concerts, NFTs, VR, gaming, advertising, merchandising, distributed ledgers, and cryptocurrencies. The project has hosted metaverse concerts with Busta Rhymes, Future, Alicia Keys, Meek Mill, Diplo, and Gunna and held an in-person concert in Los Angeles on February 12. Its core product blends live and virtual events, collaborative NFT drops, tokenized experiences, merchandising, and advertising to create new revenue verticals for artists and fans. Animal Concerts is launching an in-house token, $ANML, and a Watch-to-Earn model that rewards participant attention; tokens can be used for merch, virtual meet-and-greets, and staking to access free concerts. The company completed a $6.75M private round and sold $800k of $ANML across five launchpads; token sales were at $0.0045 with 25% at TGE and 75% vested over six months. Planned near-term activities include securing a Tier 1 CEX listing (AscendEX has been secured), finalizing two NFT collections including an A-list artist collaboration, and deploying funds toward artist bookings, marketing, ecosystem development, liquidity provisioning, and team expansion.