Web3 platform Metasky raises pre-seed round

Web3 platform Metasky has raised $1.8 million in its pre-seed round led by Sequoia Capital India and Woodstock Fund.

The platform aims to be a bridge to Web3 for influencers, creators and brands, said a statement.

Founded in 2021 by Ankit Arora and Prakhar Sharma, Metasky offers user-friendly tools for buying, storing and using non-fungible tokens (NFTs). According to the startup, it is launching a user-friendly Web3 wallet that democratizes access to the decentralized world. 

Its wallet can seamlessly integrate inside any existing website or application, converting any existing app to a Web3 app. These assets can then be used to provide exclusive benefits to token holders. These benefits range from unlockable digital content of your favourite creators, exclusive chat rooms and live streams, to backstage access into their offline events.

The Bengaluru-based platform started with an aim to elevate NFTs from just images into objects that are alive and packed with exclusive benefits.