Tech startup Gaspack raises pre-seed funding

This could help digital creators for a more inclusive NFT environment.

Business launchpad, Gaspack, raised a pre-seed funding to support creators and brands in the Web3 economy through digital comic publishing platform Kometh.

In a statement, Gaspack said the funding round was led by eMerge, an MDI Ventures’ angel investors network, and Arise. 

The funding was also supported by venture capital firm 500 Global and blockchain ecosystem Tokoin.

“Gaspack is dedicated to supporting creators in unlocking their full potential. Kometh was created to break the traditional barriers between the creative industry and creators. By placing creators at the forefront of our innovation, we enable them to create, share, and monetise their work like never before,” Gaspack CEO and co-founder Novrizal Pratama said in a statement.

ALSO READ: FinTech firm Pilon raises $6.88m in seed round

Built on blockchain, Kometh allows users to buy the rights to read, own, collect, trade, sell and gift digital comics.

The startup also seeks to acquire creators to “democratise decentralised intellectual property development.” 

"[Kometh] benefits comic book collectors as digitalization offers absolute ownership, whilst eliminating concerns over comic book condition. Gaspack is solving a problem that has plagued creators and the comic industry, and they're just getting started in Web3,” eMerge serial entrepreneur and angel investor Reino Barack said.

Founded in 2022, Gaspack has supported eight creators in launching their non-fungible token (NFT) projects. This generated a gross transaction volume (GTV) total of $16.6m (US$12m).

Gaspack also launched its first comic “Garden Point” through Kometh, which sold about 17,000 digital copies in less than two hours.

Written by Eisner Awards winner Paul Jenkins, the comic shows characters from the blue-chip NFT project Azuki. Jenkins is also a Marvel Comics veteran with works like Inhumans, Wolverine: Origins, and Civil War.

$1 = US$0.74

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