Alchemy Ventures Backs $4M Round for NFT Platform Vibe

Vibe, a new NFT-to-product platform that enables creatives to customize and manage their tokens, has raised a $4 million seed round. Investors in the round include Alchemy Ventures, Aglaé Ventures, and P Nation.

The San Francisco-based platform aims to increase the value of NFTs by adding utility and features, including loyalty points and physical redemptions. Vibe NFTs can be deployed on any chain and bridged to any other chain. The platform's founder and CEO, Rachel Chu, believes that the real value of NFTs will come from their dynamism and programmability, and Vibe aims to simplify the process of curating and customizing NFT collections.

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