NFT-based college fan platform Mercury completes $7.5 million funding, led by Multicoin Capital

ChainCatcher news, the NFT-based college fan platform Mercury has completed a $7.5 million financing round, led by Multicoin Capital, with participation from North Island Ventures, Crosslink Capital, Brevan Howard Digital, and others.

Mercury is a company that provides fan engagement for college sports programs. They have built a college fan platform that strengthens the relationship between fans, student-athletes, and universities by leveraging digital assets. NFT-based memberships and NFT-gated events are core components of the Mercury platform. Additionally, each school platform will integrate local chat and social media components that reward meaningful engagement while building a cohesive digital community. (source link)