Syky, a web-based luxurious vogue market, has raised US$9.5 million in funding led by Alexis Ohanian’s Seven Seven Six.
Syky is the brainchild of Alice Delahunt, the previous chief digital and content material officer at Ralph Lauren. It’s a blockchain-based start-up with the objective of turning into a hub for the following technology of designers and shoppers.
In keeping with a press launch, the funding would assist the objective of giving customers a platform to create, curate, share and change their vogue collections in an effort to degree up with trade gamers.
When requested about Ohanian’s ideas on Syky, he stated: “There’s limitless potential with Web3, and the hotspot on this future isn’t any exception.”
He additional added: “Style beliefs can carry the most effective virtues of an open Web and artistic expression. With a tradition so closely influenced by the runway, digital vogue will increase alternatives for creatives and shoppers. We invested in Alice and SYKY as a result of we consider in Alice’s imaginative and prescient of constructing the main vogue platform and neighborhood for the following technology of designers and shoppers.”
On January 20, 2023, Syky will launch its first non-fungible token (NFT), The Keystone; 50 of those NFTs might be awarded to aspiring designers.