Fantasy.top announces V2 and $4.25 million seed funding from Dragonfly and Manifold Ventures
Quick Take
- Fantasy.top announced the second iteration of the platform, Fantasy V2.
- It also closed a $4.25 million seed funding round led by Dragonfly and supported by Manifold Ventures.
Blast-powered decentralized trading card game Fantasy — also known by its URL, Fantasy.top — has announced the second iteration of the platform, Fantasy V2, alongside the closing of a $4.25 million seed funding round led by Dragonfly and supported by Manifold Ventures.
The fresh capital will be used to improve Fantasy’s primary offerings: trading card games and fantasy betting.
Enhancements will include a more refined product, an expanded lineup of personalities for daily betting, new categories like Solana vs. Ethereum influencers and Left vs. Right Curve influencers, and increased prize pools — up to $100,000 in daily rewards and more than $350,000 in weekly competition rewards.
"We're honored to have Dragonfly, a leading VC with an unmatched track record of supporting category-defining projects like Ethena and MegaETH, at the forefront of this round," Fantasy cofounder Travis Bickle said, adding that the team is "equally grateful for the continued trust and partnership of Manifold Ventures in our journey."
The funds will also reportedly expand Fantasy into the broader social media landscape, including the introduction of Fantasy X, which the team describes as "a dynamic alternative feed for consuming content, connecting with like-minded users, and discovering alphas."
Fantasy X is already live on V2 and precedes a planned native mobile app that aims to serve as a new hub for the proverbial 'Crypto Twitter.'
"With over 100,000 users currently onboarded, our goal is to scale to millions, making Fantasy X the ultimate destination for navigating and thriving in the Crypto Twitter ecosystem," Bickle said.
Finally, Fantasy plans to revisit its decentralized finance origins by examining new ways for users to gain exposure to 'Crypto Twitter' trends — such as "real-time trading experiences that capture the excitement of memecoin chasing, reimagined for social media dynamics."
Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.
© 2024 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.