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      PaprMeme's Logo

      PaprMeme - Undisclosed

      Overview Investors Company Profile / Project Introduction

      Overview

      Funding Date

      February 20, 2023

      Financing amount

      $3M

      Valuation

      --

      Catagory

      Web3 NFTs

      Subcategory

      --

      About PaprMeme - Undisclosed

      Four former Coinbase employees have launched an NFT lending platform called PaprMeme with $3 million in funding from Coinbase Ventures. The platform doesn’t offer direct peer-to-peer lending but instead adopts a novel mechanism built around its native token.

      Investors

      InvestorsTypeLocationYear Founded#Portfolio CompaniesEmail AddressSocials
      FundUnited States of America2018285--

      Company Profile / Project Introduction

      paprMEME is an NFT lending protocol powered by Uniswap V3. The platform adopts a novel mechanism built around its native token. Papr is minted by borrowers, who transfer some collateral to a papr controller (a smart contract). Borrowers can then exchange their papr for other assets using a decentralized exchange (e.g. Uniswap).

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      *Fundraising Announcement: Click here