FANtium, a Zug, Switzerland-based provider of an NFT-based athlete investment platform, raised €2M in Angel funding.
The round was led by Sebastien Borget, with participation from Brian O’Hagan, Anand Agarawala and Lucas von Cranach, as well as Dominic Thiem.
The company intends to use the funds to launch the athlete drop in Q4 of this year, leveraging athletes’ communities to bring early sports fans to the platform.
FANtium is the CEO Jonathan Ludwig’s platform which allows fans to invest in sports stars and contribute to their real-world financial success. FANtium allows fans to invest in the seasonal earnings as well as in the career earnings of young talent. Invested fans are entitled to a share of the athlete’s real-world earnings in the form of prize money and sponsorship deals. NFTs are the platform’s underlying technology. This allows fans to invest and get a piece of the income the athlete makes.
The company plans to launch the first athlete drop in Q4 of this year, leveraging athletes’ communities to bring early sports fans to the platform.
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