Daily Markup

Daily Markup #711: OP3N closes US$28M Series A to connect creators, chat, and commerce in one user-friendly Web3 stage

March 28, 2023 · 2 min read
Credit: OP3N

Open sesame for Web3

  • Are you an artist or creator looking for new ways for fans to engage with you and your work? Then, you’ve got to check out OP3N, a Web3 AI-powered platform, which just raised a US$28 million Series A!
  • The OP3N platform allows anyone to create a cypto wallet through a simple e-mail sign-up process; users can then go on to choose from an array of NFT-gated experiences.
  • “I wanted to make a connection for creators, chats, and commerce in one place,” said Jaeson Ma, co-CEO of OP3N. “It’s a web3 version of WhatsApp meets Amazon, or WeChat meets Alibaba.”
  • OP3N’s chat-based product, Superapp (currently in beta mode), aims to bridge the gap between Web 2.0 and Web3 by implementing blockchain and decentralized technologies into Web 2.0-friendly interfaces.
  • Through the app, creators will be able to add audio, video, and mixed media content to on-chain interactions for a “one-stop” experience.
  • “We’re here to build a product that I believe will hopefully in two years become the decentralized Facebook, YouTube, Spotify, or WhatsApp for Web3,” Jaeson added.
  • The fresh capital will be used to further develop its application and grow its leadership team.
  • Learning from the friction of their first version, Jaeson realized OP3N has to bridge the traditional market into Web3 in a way that’s more understandable. “It’s not going to happen overnight that a billion people will know how to download a wallet and use it, so we are solving for that,” he shared.
  • Congratulations to the OP3N team!
  • Read the full story on TechCrunch.
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