About tokenproof
tokenproof is a company based in Austin (United States) founded in 2022 by Peyton Smith and Jonathan Scheiner.. tokenproof has raised $5 million across 1 funding round from investors including Penny Jar, Corazon and 6MV. tokenproof offers products and services including tokenproof App, Discover Feature, and Collection Features. tokenproof operates in a competitive market with competitors including Origin Protocol, Kresus, Metaplex, BitsCrunch and Boson Protocol, among others.
- Headquarter Austin, United States
- Founders Peyton Smith, Jonathan Scheiner
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Sectors
TechnologyFinancial Services
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$5 M (USD)
in 1 rounds
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Latest Funding Round
$5 M (USD), Seed
Aug 30, 2022
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Investors
Penny Jar
& 7 more
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Employee Count
Employee Count
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Products & Services of tokenproof
tokenproof offers a comprehensive portfolio of products and services, including tokenproof App, Discover Feature, and Collection Features. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
App for accessing and unlocking token-based events and experiences.
Feature to explore brand activities and web3 opportunities.
Tools for managing and utilizing digital collectibles.
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Funding Insights of tokenproof
tokenproof has successfully raised a total of $5M through 1 strategic funding round. The most recent funding activity was a Seed round of $5 million completed in August 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $5.0M
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First Round
First Round
(30 Aug 2022)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Aug, 2022 | Amount | Seed - tokenproof | Valuation | Penny Jar |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in tokenproof
tokenproof has secured backing from 8 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Penny Jar, Corazon and 6MV. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Seed and early-stage tech startups receive investments from Penny Jar.
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Investments in blockchain technology startups are made by 6MV.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by tokenproof
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - tokenproof
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Tokenproof Comparisons
Competitors of tokenproof
tokenproof operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Origin Protocol, Kresus, Metaplex, BitsCrunch and Boson Protocol, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
A blockchain platform is provided for building decentralized marketplaces.
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| domain | founded_year | HQ Location |
Kresus is recognized as an all-in-one crypto wallet solution.
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| domain | founded_year | HQ Location |
NFT marketplaces are developed on the Solana blockchain platform.
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| domain | founded_year | HQ Location |
Blockchain infrastructure is provided for AI-enabled NFT trading and analytics.
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| domain | founded_year | HQ Location |
Provider of NFT marketplace development platform
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| domain | founded_year | HQ Location |
Role-playing and adventure video games are developed by the studio.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Tokenproof
Frequently Asked Questions about tokenproof
When was tokenproof founded?
tokenproof was founded in 2022.
Where is tokenproof located?
tokenproof is headquartered in Austin, United States. It is registered at Austin, Texas, United States.
Is tokenproof a funded company?
tokenproof is a funded company, having raised a total of $5M across 1 funding round to date. The company's 1st funding round was a Seed of $5M, raised on Aug 30, 2022.
What does tokenproof do?
Tokenproof was founded in 2022 in Austin, United States, as an online platform in the blockchain sector focused on token gating. Users are required to enroll before ownership of NFTs and other assets can be authenticated securely, with tokens kept in cold storage to prevent theft or loss. Verification processes confirm valid accounts and the presence of required tokens in Ethereum wallets, enabling safe access for consumers and verifiers.
Who are the top competitors of tokenproof?
tokenproof's top competitors include Origin Protocol, Metaplex and BitsCrunch.
What products or services does tokenproof offer?
tokenproof offers tokenproof App, Discover Feature, and Collection Features.
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