David fields afterparty4/17/2023 ![]() ![]() (Ethereum mainnet gas fees have also been a gripe for many in the past.) NFTs are unique tokens that exist on a blockchain like Ethereum and signify the holder’s ownership over an asset or membership perks.įields explained that the move to Polygon was in an effort to make buyers’ fees as low as possible and distinguish Afterparty from traditional platforms like Stubhub and Ticketmaster, which have frustrated users with steep transaction fees. Afterparty CEO and Founder David Fields told Decrypt in an interview that version 2 of its NFT marketplace is set to launch on Polygon sometime in May. Now, Afterparty is getting ready to launch its second NFT collection, the Guardians, on Polygon, along with its NFT ticketing marketplace. It also featured performances from Sofi Tukker, Tokimonsta, Bob Moses, and others. ![]() The Afterparty Music Festival in Las Vegas for Utopians holders was headlined by the electronic duo The Chainsmokers and rapper The Kid Laroi. The NFT tickets, known as the Utopians collection, were minted on Ethereum and boast a number of celebrity holders, such as Heidi Klum, Josh Duhamel, Sia, and influencers David Dobrik, Loren Gray and Bryce Hall. ![]() Acrew Capital, Blockchange, and TenOneTen Ventures-Afterparty’s leading seed investors-also joined the unsolicited funding round.Īfterparty is an all-in-one event ticketer and organizer, having hosted the first music festival to be fully-ticketed with NFTs back in March. Notable angel investors in the project include Paris Hilton, Zillow co-founder Spencer Rascoff, Jason Calacanis, NBA star Andre Iguodala, “Project Runway” executive producer Desiree Gruber, and Nicole Farb of VC firm Headline. NFT-focused startup Afterparty has raised $4 million from numerous investors to further develop its NFT ticketing platform, bringing the total amount raised so far to $7 million. ![]()
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