NFT Social Platform HYY.PE Raises $2 Million in funding round led by Elevation Capital.

hyy.pe

NFT Social Platform HYY.PE Raises $2 Million in funding round led by Elevation Capital.

      Hyy.pe is building a platform for NFT communities to connect, share stories, and collaboratively build their history. For instance, users will be able to share what made them buy a certain NFT, the collectible’s origin story or collaborate on derived artwork.

Hyy.pe wants NFT creators and owners to have the freedom to establish their art collection as their identity.

     The company plans to launch with 13 popular collections initially, including CryptoPunks, Bored Apes, Cool Cats, Avastars, Loot, and Punk Comics, before expanding to include all the collections for everyone.

      Commenting on the funding, Supriyo Roy, Co-founder, Hyy.pe, said, “With Hyy.pe, a user can curate their NFT collection to serve as a main medium of self-expression. It really pushes forward the idea that collectively the media you own, in the form of NFTs, can establish your individuality on the internet and help you connect deeper with communities. Hyy.pe wants to be a cohesive space for a million communities.”

      Hyy.pe’s “first build” (version sub-zero) will allow NFT holders to link their holdings on the platform, disclose their reason to buy, and publish “lores” around the NFT. As an “invite-only” platform currently, Hyy.pe will be accessible to holders of some of the most popular NFT communities. The company’s vision is to build the platform into a complete marketplace for all primary and secondary transactions of NFTs.

     “With Hyy.pe, a user can curate their NFT collection to serve as a main medium of self-expression. It really pushes forward the idea that collectively the media you own, in the form of NFTs, can establish your individuality on the internet and help you connect deeper with communities. Hyy.pe wants to be a cohesive space for a million communities,” said Supriyo Roy, co-founder, Hyy.pe.

     In the absence of a specialized platform, NFT communities connect on Discord and Twitter for their interactions. There is a whitespace for dedicated platforms that equips collectors and artists with tools to share their stories in a social manner, according to the company.

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