Digital Fashion Platform Draup Nets $ 1.5 Race Fund – WWD

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Call TheVirtualVirtual.

Legion CEO Ian Rogers and Trever McFedris, the tech giants behind CGI’s influential Lil Michala, are among the investors in the $ 1.5 million race for Draup, the founder of the new digital fashion platform.

Over the next 18 months, Draup plans to sell digital fashions, buy, sell, display and earn protocols for resale, rent, and “wear to make,” said Drap founder and CEO Daniel Loftus. .

The exchange has sown seeds with cryptocurrency exchanges TCG Crypto, Flamingo DAO, Neon DAO, Gmoney, Cozomo de ‘Medici and Ashleigh Schap, as well as consumer technology players Andy Weissman, first-minute capital and Amber Atton.

While Loftus is strong on the future of digital fashion, she strives to improve her proprietary protocols and expand opportunities for dressing in the virtual world.

“The Draup platform will be a marketplace where digital fashion can be bought, sold, re-sold and re-acquired and digital fashion can be collected, seen and transferred to virtual environments outside the stage.” He wrote on a white paper published last January.

Draup also plans to “bring together digital creators and consumers, to provide them with access and education they need to maximize the value of digital fashion.”

The first volley is set to launch later this year, the “lost” digital fashion and culture zen, which is expected to go live by the end of the year.

In January 2021, Loftus established this outfit and built a community of 15,000 members of traditional fascists, “NFT nerds and everyone in between,” in a blog post.

Meanwhile, Flamingo DAO, Neon DAO, TCG Crypto and Gmoney are among the investors with a $ 4.5 million seed fund for the Digital Fashion Brand Tribute. Venture-Capital Fund Colab + Currency has led the round, with Alice Lloyd George, Latis Capital, Red Dao, Megan Caspar and Cansey Ventures among others.

Founded in April 2020, the Tribe brand has partnered with fashion houses, including Jean Paul Goltir and Carolina Herrera.

According to the statement, Tribute Brand is building its own interconnected platform and equipment to facilitate digital fashion assets. It will start with a new collection drop later this year.

Tax Brand Digital Fashion

From the Tribute brand view, Digital Fashion House.

By the grace of the tax brand

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