San Francisco, CA – 21 September, 2022 – Today Sintra is thrilled to announce our $2 million USD seed funding round, led by Lemniscap, with participation from FTX Ventures (the venture-capital arm of crypto exchange FTX), Chorus One Ventures, CMCC Global, Big Brain Holdings, Two Ape VC and angel investors Shanna Tellerman, Felix Lutsch, and Anthony Beaumont. The funding will be leveraged to accelerate product testing, research and development of new in-app features, and to drive comprehensive recruitment and marketing efforts – tied to Sintra’s rich pipeline of activity.
Today Sintra has also announced the launch of its first version of the product as part of the Sintra beta – a new socially-powered NFT investment app that connects investors who strategize, together with analytics, community and messaging features connecting like-minded investors to build mutually-beneficial strategies. At a macro level, Sintra brings NFT investors together, opening the door for fractional ownership of the most in-demand assets while showcasing tailored investment opportunities based on users’ scope of interest. Users can also ‘react’ with bullish/bearish themed emojis, ask questions and view NFT collections directly in the Sintra NFT Exchange.
The news comes as Sintra makes a number of signature additions to its Advisory Board, adding seasoned blockchain consultant and former Head of APAC Social Lab at Google, Jeremy Beaufils who is currently the Head of EMEA & APAC Marketing at Unstoppable Domains; Co-founders of LandVault, Ready Player DAO & LifeForce Games, Ryan Inman and Catherine Carroll; as well as Co-founder of Modsy & former Partner at Google Ventures, Shanna Tellerman.
The new Advisors will provide strategic guidance while working alongside members of Sintra’s C-suite team, including CEO & Co-founder Angel Ceballos (former Product Design Lead at Meta / Facebook and ex-Amazon); Co-founder & CTO Jeffrey Bian (former Software Architect at Rally); and COO Alan Jackson (Technical Program Manager at Google).
Co-founder and CEO Angel Ceballos:
“The highly fragmented NFT communication landscape – defined by an overwhelming number of discord groups – has proven ineffective in terms of helping investors quickly identify, connect, discover and rate prospective NFT investments in a purpose-built environment. Sintra wants to create a streamlined and user-centric social community geared towards the next wave of NFT investors entering the space, helping them stay informed on unique market opportunities, strategies, connecting with like-minded investors and latest trends. As the metaverse era continues to evolve at pace, they want to help investors across the industry spectrum stake their claim in the NFT market, and do so alongside like-minded industry participants.”
Roderik van der Graaf, Founder of Lemniscap:
“We’re delighted to lead this investment round for Sintra, as they get set to underline their credentials as the social platform of choice for NFT investors globally. The market demand for a robust, reliable and accessible communication channel for investors to explore investment synergies is clear, and the Sintra team have set out a well-defined roadmap and MVP that has all the tools to achieve widespread adoption.”
Lemniscap is an investment firm specializing in investments in emerging crypto assets and blockchain startups. Since its founding in 2017, Lemniscap has funded multiple investments in the crypto blockchain space, on the core belief that blockchain technology will upend traditional business models, resulting in profound changes in the world economy. The Lemniscap team consists of talented people with backgrounds in financial markets, PE/VC, technology and entrepreneurship. For more information, visit https://lemniscap.com/.
Sintra is the socially-powered NFT investment app that connects like-minded investors to build strategies together. It’s where the most in-demand assets are made accessible to all through fractional ownership. For more information, visit https://sintra.com/
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Angelina is a writer and active crypto enthusiast. She mainly write about fintech and the blockchain industry. For several years now, She have been following developments in the crypto space and researching and publishing my analyses in media.