Koop raises $5M to enable communities and creators to raise funds with NFTs

by | Aug 31, 2022 | Technology

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Koop raised $5 million to enable communities and creators to raise funds with NFTs. Already $850 million has flowed into Koop projects, and it is launching its public efforts today.

Koop enables any creator, collector, or community to organize and fundraise through NFT (non-fungible token) art or collector passes. Funds from collector passes form each community’s treasury (or bank) to back their projects and missions on chain. Communities can then directly manage their treasury, leverage the unique skills of their members, and govern their organization in a fun and social way.

Whether creators are launching a venture fund, producing a media arm or starting the next big clothing brand, Koop’s software standardizes how a community runs, monetizes, and grows in a Web3 world, said Natalia Murillo, CEO of Koop, in an interview with GamesBeat.

“I started Koop about a year and a half ago, in the middle of COVID. I was working in different DAOs (decentralized autonomous organizations) and different NFT projects,” Murillo said. “And I felt like there was infrastructure missing for tokenized communities or crypto native communities. And so we started Koop, which is a way to turn what would be consumers inside of a community instead of a guild inside of a network, and empower them to become creators or active contributors to accomplishing the community’s goals and missions.”

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