Hillrise Ventures Announces Investment in HoDooi.com
By Daniel Dal Bello, Director.
June 10, 2021–2 min read.
Hillrise Ventures today announces an investment into HoDooi.com (‘HoDooi’)—a multi-chain marketplace to create, buy, sell and re-sell NFTs. Hillrise Ventures is the private investment arm of Hillrise Group.
HoDooi is building a user-focused blockchain-agnostic NFT marketplace. Initial development will focus on a launch compatible with Binance Smart Chain with plans to continue development for Ethereum and other smart contract-enabled networks in the future.
As the NFT movement continues to mature, premier marketplaces and platforms for curation and engagement within this niche becomes critical to sustaining continued momentum.
To find product-market fit NFT platforms need a strong and engaged userbase. HoDooi is starting with a user-centric approach, heavily focusing on ease of use for the end-user while also providing the opportunity to become contributors and ambassadors, actively involving the userbase in shaping the platform over time through governance.
The membership program is one of the main drivers for user retention and involvement, awarding users with exclusive NFT drops, staking rewards, platform fee reductions and much more.
HoDooi will be premiering the platform with their first NFT drop, launching July 12th in collaboration with two-time world heavyweight champion boxer Tyson Fury and Goldstar Promotions.
HoDooi.com has raised $4.3 million in strategic investment from Hillrise Ventures, Morning Star Ventures, Mentha Partners, ZBS Capital, AU21 Capital, Swissborg Ventures, Sora Ventures, DuckDAO, and Master Ventures.
“Over the past several months we have seen the NFT niche continue to mature and with it have the platforms and marketplaces to support this growth. HoDooi.com is built by an exceptional team with a wealth of experience in this industry. With a robust token model and easy-to-use platform, we see a strong case for HoDooi.com to emerge as a premier blockchain-agnostic NFT marketplace.”
Daniel Dal Bello, Director of Hillrise Group
“We are delighted to partner with Hillrise Group through their investment in HoDooi. We understood their value and ability to support us not only just with capital but also other areas of our strategic business operations. A valuable investor to any start up who manage to capture their attention.”
Matt Luczynski, CEO and Co-Founder of HoDooi.com
Hillrise Group supports ambitious Web3 startups with early-stage venture capital and fundamental research.