Vault Closes On New $4 milllion Seed Round

Vault, a mobile-friendly web3 music platform, has raised $4 million in its Seed Round A according to a press release.

❗Why It Matters

Vault allows fans to receive exclusive rich-media experiences that can be purchased and sold at any time. This experience allows fans to connect with their favorite artists and enrich their collecting experience. Vault will use the funds to further expand its "Digitial Musical Collectible (DMC)" format.

The Deets

The VAULT platform makes it easy for a creator to build a "vault" and sell keys that are fully tradable NFTs. When a fan buys a key, they get access to all the content in the vault which could include exclusive content like music, videos, photos, messages, VIP invitations, and more.

Vault has already seen success with a collaboration with FLETCHER which allowed fans to get access to behind-the-scenes content from each night of the tour, a signed digital set list, and other exclusive items.

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Author Bio

Lennster

Certified NFT Bag Holder. Entered into the NFT space in 2021 and hasn't left since. Learning to code and on a mission to get abs in 2023.

Disclaimer: The author or members of the Lucky Trader staff may own NFTs discussed in this post. Furthermore, the information contained on this website or the Lucky Trader mobile application is not intended as, and shall not be understood or construed as financial advice. AI may have assisted in the creation of this content.