SportZchain Raises $400,000 Pre-Seed Funding The company will employ these funds in building its blockchain-based web app and branding & marketing initiatives

By Prabhjeet Bhatla

Opinions expressed by BIZ Experiences contributors are their own.

You're reading BIZ Experiences India, an international franchise of BIZ Experiences Media.

Unsplash

SportZchain, a blockchain-based fan engagement platform to connect fans and sports teams, announced recently to have closed pre-seed funding of $400,000. The funding round was led by Darq Capital, a VC fund investing in crypto/blockchain-based ventures and participated by other investors such as Jagadeesh Atukuri, director, Comply Dot, and SHISAN Investments.

The brand will broadly utilize these funds on two fronts: building its alpha version of an interactive blockchain-based web app and implementing branding and marketing initiatives to drive awareness around its unique offerings.

"We are delighted to close our pre-seed funding round successfully. We are also proud to attract relevant investors like Darq Capital, Comply Dot, and Shisan Investments, who believed in our idea and the long-term vision to create a disruptive fan engagement platform that can benefit multiple stakeholders. We are a sports-loving, crypto embracing team with an optimal mix of experience in the fields of strategic consulting, blockchain technology, fintech, and sports marketing with a vision to empower fans and disrupt the fan engagement industry," SportZchain spokesperson said.

Ideated in March 2021, Singapore-based SportZchain was founded by Siddharth Jaiswal with the belief that sports fans deserve a basic right to be heard by their favorite sports teams, helping them make the right decisions by voting on official binding polls, and reap financial gains by owning branded sports token.

With a vision to convert passive fans into invested fans, the blockchain-driven platform aspires to become a cornerstone in offering radical fan engagement in India, enabling and empowering fans and sports teams to connect better and benefit mutually.
Prabhjeet Bhatla

Former Staff

Most Popular

See all
Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for BIZ Experiencess to pursue in 2025.

By Eve Gumpel
Science & Technology

OpenAI's Latest Move Is a Game Changer — Here's How Smart Solopreneurs Are Turning It Into Profit

OpenAI's latest AI tool acts like a full-time assistant, helping solopreneurs save time, find leads and grow their business without hiring.

By Ben Angel
Business Solutions

Boost Team Productivity and Security With Windows 11 Pro, Now $15 for Life

Ideal for BIZ Experiencess and small-business owners who are looking to streamline their PC setup.

By BIZ Experiences Store
News and Trends

Reliance Retail Launches FMCG Brand 'Independence' In Gujarat

Independence includes diverse categories such as staples, processed foods, beverages, among other daily essentials

By Shrabona Ghosh
Starting a Business

I Built a $20 Million Company by Age 22 While Still in College. Here's How I Did It and What I Learned Along the Way.

Wealth-building in your early twenties isn't about playing it safe; it's about exploiting the one time in life when having nothing to lose gives you everything to gain.

By Emil Barr
Science & Technology

AI Isn't Plug-and-Play — You Need a Strategy. Here's Your Guide to Building One.

Don't just "add AI" — build a strategy. This guide helps founders avoid common pitfalls and create a step-by-step roadmap to harness real value from AI.

By Nicholas Leighton