Syky, an online luxury fashion marketplace, has raised US $ 9.5 million funding led by Alexis Ohanian’s Seven Seven Six.
Syky is the brainchild of Alice Delahunt, the former Chief Digital and Content Officer of Ralph Lauren. It is a blockchain -based start-up with the goal of becoming a hub for the next generation of designers and consumers.
As per a press release, the funding would aid the goal of giving users a platform to create, curate, share and trade their fashion collections in an effort to level up with the industry players.
When asked about Ohanian’s thoughts on Syky, he said,”There is limitless potential with Web3, and fashion’s place in this future is no exception.”
He further added, “The ideals of fashion can bring to bear the best virtues of an open internet and creative expression. With a culture so greatly influenced by the runway, digital fashion will expand opportunities for creatives and consumers. We invested in Alice and SYKY because we believe in Alice’s vision to build the leading fashion platform and community for the next generation of designers and consumers.”
On 20th January 2023, Syky will launch its first non-fungible token (NFT), The Keystone; 50 of these NFTs will be awarded to aspiring designers.
