Multicoin Leads $4M Strategic Round for Web3 Co-Ownership Platform Lore

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Multicoin Leads $4M Strategic Round for Web3 Co-Ownership Platform Lore
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EXCLUSIVE: multicoincap led a $4 million strategic round for loredotxyz, a platform that makes it easier for Web3 communities to co-own NFTs. BrandyBetz reports:

, a co-ownership platform for Web3 collectives, has raised $4 million in a strategic funding round led by Multicoin Capital. The capital will enable new use cases and expansion to additional blockchains beyond Ethereum, starting with Polygon and Solana.

"The internet bundled us into communities based on shared interests and goals, but collaboration largely stopped there," said Lore co-founder and CEO Thomas Scaria in a press release draft shared with CoinDesk."Lore gives communities of all sizes a new way to take action, and to ultimately achieve the goals that bind them together," he continued."Lore turns niche communities into hubs for cultural curation, wealth creation, and commerce.

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