The Solana ecosystem creator platform, DRiP, has completed a seed round of financing worth 8 million US dollars, led by Coinbase Ventures and others

Odaily reports that Solana's creator platform, DRiP, has announced the completion of an $8 million seed round financing. The round was led by NFX, Coinbase Ventures and Progression (a fund established by former TikTok executives), with participation from Placeholder, 6th Man Ventures and over 30 angel investors. The valuation and financing structure have not been disclosed yet. The new funds will be used to accelerate attracting creators, launching consumer-oriented mobile applications, expanding the development of creator tools and platform features as well as strengthening marketing efforts. (TheBlock)