VeeFriends will use the capital injection to support building the future intellectual property of the 283 VeeFriends characters. The investment will be used to fuel expansion plans for its creative, technical and experiential operations. VeeFriends is building its IP across different multimedia platforms including physical and digital spaces. We are also planning on using proceeds to recruit the best talent from the entertainment and Web3 industries.

VeeFriends is the name of Gary Vaynerchuk’s NFT collection. He created VeeFriends to bring to life his ambitions of building a community around his creative and business passions using NFT technology and their smart contract capabilities. By owning a VeeFriend NFT, you immediately become part of the VeeFriends community and get access to VeeCon.

Gary has discussed many potential opportunities for VeeFriends IP to become more than an access pass. He has discussed everything from books to other merchandise and even a future theme park.

gm! I'm very excited to announce that @a16z crypto is leading a $50M round in @veefriends. We look forward to helping the team fuel expansion plans for its creative, technical and experiential operations that support the growing Web3 community! https://t.co/p2KN3SPMGT

— chrislyons (@ChrisLyons) July 28, 2022

ABOUT VAYNERX

VaynerX (https://vaynerx.com/) is a global modern-day marketing and communications company. Subsidiaries include VaynerMedia, Eva Nosidam Productions, The Sasha Group,  Gallery Media Group, VaynerCommerce, Vayner3, Vayner Speakers and Tingley Lane Trading.

ABOUT VAYNER3

Vayner3, previously known as VaynerNFT, is a consultancy under the umbrella of VaynerX exclusively focused on guiding the world’s leading enterprises and intellectual property owners in the next iteration of consumer behavior, and navigating the ground-breaking and ever-evolving world of Web3.

About a16z crypto

a16z crypto backs bold entrepreneurs building the next internet. With more than $7.6 billion raised across four funds, the a16z crypto fund invests in web3 companies and protocols from early seed-stage projects to fully-developed networks. Its crypto-native team supports founders and the growth of web3 through its research organization, engineering and security teams, legal and regulatory teams, go-to-market expertise, recruiting services, educational content, and more.