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‘Koop’ announced that it has completed a $5 million USD round of funding that it will use to bolster its community application. The Koop application is a platform that enables consumers, companies, content creators, and any other user to organize and fundraise through the use of NFTs. The platform provides convenient tools that allow for the organization of NFTs with different purposes, such as NFTs that act as an entry token to a community, or NFTs that were sold purely for fundraising.
The Koop platform also allows for community organizers on the platform to manage the treasury of the community, adding a level of cooperation and social interaction to the app. This does not mean a community organizer can simply take the NFTs of its members, though, as personal belongings are still protected on the platform.
Koop purports itself as a web3 organizational tool, more particularly, one that is suited for fostering a dedicated community for the purpose of launching a new product line, a new online application, or merely building a community for the sake of it.
Image Credit: Koop
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