NFT Platform Revel Closes $7.8 Million Seed Round Led by Dragonfly

NFT platform Revel has closed a $7.8 million seed round led by Dragonfly with participation from Union Square Ventures, Sfermion, 6th Man Ventures, Wagmi Ventures, Alumni Ventures and Polygon. The funds raised will be used to expand Revel's Web3 interoperability, generative and collaborative AI functionality, and social features. 

Revel aims to be the NFT platform that blends social media platform Instagram and investment trading platform Robinhood. Its marketplace allows users to create NFTs for their followers, friends or community and also allows people to own editions of the media they like and follow.