USA – Doppel, a San Francisco, CA-based real-time, cross-chain monitoring service for detecting NFT fraud and counterfeits, closed a $5m seed funding round.
The round was led by FTX Ventures with participation from Solana Ventures, Polygon Studios, OpenSea Ventures, Dapper Labs, SV Angel, South Park Commons, Script Capital, Spartan Group, Paxos, Punk 6529, Quiet Capital, AlphaLab Capital, and angels such as Balaji Srinivasan, Sabrina Hahn, Gokul Rajaram, Magic Eden co-founder, and Tagomi co-founder. The company intends to use the funds to enhance its detection capabilities, which will allow the platform to identify bad actors within the ecosystem and expand upon the current illicit activities that it monitors for. Founded in February 2022 by Kevin Tian, CEO, Doppel is a real-time, cross-chain monitoring service for detecting NFT fraud and counterfeits. It provides the underlying infrastructure and tooling needed for content creators, collectors, and marketplaces to protect their IP, determine legitimacy, to detect and identify counterfeit NFTs and bad actors in under 1 minute.Doppel currently supports Ethereum, Solana and Polygon NFTs, will be servicing the Flow ecosystem, and is set to add additional blockchains throughout 2022. Currently, it is a partner of Dapper Labs and other yet-to-be-disclosed NFT platforms, working with them to protect NFT collections for their communities. Additionally, Yuga Labs has been testing the technology as one way to improve response times to bad actors.25/05/2022
