1. Startup

Paras Digital NFT Marketplace Platform Secures 71.8 Billion Rupiah Funding

Funding was obtained through Initial Dex Offering and investment by a number of investors

Paras Digital's NFT marketplace platform received of $5 million or around 71.8 billion Rupiah seed funding. It was obtained through an Initial Dex Offering (IDO) and investments by a number of investors.

As stated in the website, some of the investors involved in this round include Black Dragon Capital, Dragonfly Capital, Moonwhale Capital, Digital Renaissance, GFS Ventures, Global Coin Research, OKEx Blocdream Ventures, as well as several other venture capital and angel investors.

The Co-founder, Rahmat Albariqi said this funding will be used to scale up its business, including to expand NFT assets vertical on the NEAR Protocol, such as comics, games, and toys.

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