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NFT Marketplace Hot Drops Raises $2.4M In Seed Funding

NFT market Scorching Drops introduced the launch of its platform after elevating greater than $2.4 million in seed funding. It’s the first inclusive market that enables mainstream and grownup NFTs to soundly coexist on the identical platform.

The picture shows Hot Drops NFT marketplace logo
Scorching Drops is a market the place Solely-Followers like NFTs meets NBA Prime Pictures. Credit score: Scorching Drops

About Scorching Drops NFT Market

Hot Drops is a female-led platform that goals to provide options to points which have lengthy plagued the leisure business. Furthermore, it would even be a pacesetter within the defending minors who wish to entry grownup content material.

Later this 12 months, Scorching Drops will even launch a two-sided market. This may permit its customers to purchase, promote, and lease creator content material. Moreover, the platform will even allow content material creators to earn royalties on their content material for the primary time and even after they retire.

The picture shows hot drops chart about content creator revenue
Scorching Drops provides long run income to their creators. Credit score: Scorching Drops

The primary 12 creators on Scorching Drops, referred to as the Soiled Dozen, characterize stars with a mixed social attain of greater than 30 million followers. Amongst these creators are Dani Daniels, Brandi Love, Cherie Deville, Alison Tyler, and Elsa Jean.

Customers can get a Scorching Drops’ collector entry cross, which is on sale now for $29.99, for a restricted time. Then the worth will improve to $99.99. The cross permits purchasers early entry to NFT drops. As well as, they will even get a ten p.c low cost on content material for 1 12 months.

The primary assortment of content material creator drops will go on sale in mid-April. Collections will then proceed to drop every week from totally different creators on the Scorching Drops platform.


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