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Fitchin Raises $3.5M in Seed Funding

 

Fitchin, a New York-based provider of a digital gaming ecosystem, raised $3.5M in Seed funding.

 

The backers were unnamed recognized crypto natives, venture capitalists, gaming personalities, and sports icons.

 

The company intends to use the funds to expand on three main focuses: infrastructure, community building, and partnerships. Its focus on infrastructure will accelerate the development of its esports community hubs, tournaments platform and NFT marketplace. The funds will also be used to onboard the first wave of elite professional esports teams that will join the FITCHIN community through membership passes, hosted tournaments and unique digital collectibles.

 

Led by CEO Santiago Portela, Fitchin is a fully integrated Web 3.0 gaming community playground that connects esports teams, content creators and fans. Its fully gamified platform allows users to be members of top team communities, compete in tournaments, buy limited NFT collections, and participate in exclusive events and experiences, all while earning rewards for milestones and active contributions. Its platform provides teams with all the tools needed to grow their followings and generate new revenue streams through Web 3.0.

 

The company also added former Microsoft strategist and notable crypto entrepreneur, Joe McCann, as an official advisor.

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