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New Crypto Startup Enables Users to Send NFTs Using Phone Numbers – Is This The Future of NFTs?

Onboarding new users to Web3 can be a complex process, but Redeem, a US-based startup has made it simpler. By enabling users to interact with non-fungible tokens (NFTs) using their phone numbers, Redeem has streamlined t...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

New Crypto Startup Enables Users to Send NFTs Using Phone Numbers – Is This The Future of NFTs?
Onboarding new users to Web3 can be a complex process, but Redeem, a US-based startup has made it simpler. By enabling users to interact with non-fungible tokens (NFTs) using their phone numbers, Redeem has streamlined the process.
The startup raised $2.5 million in pre-seed funding led by digital asset-focused investment firm Kenetic Capital, with participation from Monochrome Capital, VC3 DAO, The Fund, Flyover Capital, CMT Digital, KCRise Fund, and KESTREL0x1, Axios reported....
Read More: New Crypto Startup Enables Users to Send NFTs Using Phone Numbers – Is This The Future of NFTs?

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This nft story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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