The NFT verification platform Authentick has completed a $4 million seed round financing, led by Menyala, a venture capital platform founded by Temasek

ChainCatcher news, NFT verification company Authentick announced the completion of a $4 million seed round financing, led by the venture capital platform Menyala founded by Temasek. The funds will help Authentick expand its user base and product range. Authentick allows users to purchase digital collectibles or NFTs and verify their authenticity, aiming to enable users to buy digital collectibles without the need for a Web3 wallet or entering an exchange.

Authentick plans to offer incentives to brand partners looking to reach a wider audience. The company will manage the distribution of their digital collectibles and ensure that these collectibles can be purchased at major online retailers.