A crypto startup focused on web 3.0 founded by two Square veterans, Highlight raised $11 million in a fundraising round led by Katie Haun’s VC firm. Highlight platform plans to bring creators near to their music maniacs via the NFT platform.
Highlight provides a full suite of web3 services including smart contracts and community-building tools, packaged in an easy-to-use interface. The approach behind this project is to enable artists to create things like non-fungible token (NFT) collections as well as allow users to easily buy these offerings with crypto or a credit card.
Highlight co-founder Nathaniel Emodi called the service “the music fan club of the future.” He added that while many of its early clients have been musicians, Highlight can help a wide variety of creators and entrepreneurs such as writers or craft bakers.
Emodi stated that web 3 is far superior to its alternative in the context of fan community development. However, some faulty and complex projects have prevented technology from reaching its full potential.
Also Read: Universal Music Group Teams Up with Curio to Launch NFT Fan Collections
Highlight is invented to enable fans to purchase their favorite stuff through crypto wallets such as Metamask or more familiar tools like credit cards and browsers.
Apart from all this, Highlight is built on the Polygon network and uses its studio for all token and NFT operations. Polygon energy efficient mechanism enables the company to reduce minting and transaction fees.
Subscribe to The Crypto Times to stay in touch with the Crypto Market!!
