Creator of Vine and Loot raises $12 million for decentralized sci-fi project

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Creator of Vine and Loot raises $12 million for decentralized sci-fi project
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ICYMI: Creator of Vine and Loot raises $12 million for NFT-powered sci-fi project

February 10, 2022, 4:54PM EST · 1 min readDom Hofmann, the co-founder of the now-defunct short-form video platform Vine and creator of the non-fungible token project Loot, has a new venture — Blitmap, a decentralized science fiction project where the community guides the story.

Paradigm led a $12 million seed funding round for Sup, a parent firm that’s building out Blitmap. Through the funding, Blitmap intends to scale as well as develop other projects and universes, according to aBlitmap is an Ethereum-based NFT project in which users who own a Blitmap NFT can collectively decide key features of the story’s universe, such as who the enemies are. The community also guides decisions surrounding merch, with the possibility of potential play-to-earn features.

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