Hot Drops procures $2.4M+ in seed funding

Before NFT marketplace Hot Drops existed, mainstream and adult NFTs could not safely coexist on the same platform. Hot Drops launches a new platform at NFT.LA today, after raising more than $2.4 million in an oversubscribed seed funding round, Invezz learned from a press release.

A revolutionary solution

Hot Drops is a revolutionary solution for problems that have long plagued the entertainment industry. It aims to become a driving force in protecting minors from accessing adult content.

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Hot Drops is ahead of the pack in terms of regulations in different countries. Examples include unique age verification to view or buy content. The platform enforces an invite-only mechanism for established creators.

Changing the landscape of free content

Hot Drops will reward loyal fans for buying content in a gamified experience. In the weeks to come, they plan to introduce new anti-piracy, privacy, community growth, authentication features, and flexible payment options – leading cryptos and fiat.

Hot Drops will establish a marketplace to sell, buy, and rent content later this year. This will not only be lucrative for brands but also allow content creators to earn royalties.

A bevy of A-list stars

The Dirty Dozen, or the first 12 creators on the platform, are an aggregation of powerhouse adult stars: Cherie Deville, Alison Tyler, Dani Daniels, Brandi Love, Elsa Jean, Lauren Phillips, Reagan Foxx, Shyla Jennings, Kenna James, Alex Coal, Joanna Angel, and Eva Lovia. Their combined social media followers exceed 30 million followers.

Access Pass is on sale

The platform’s Collector Access Pass is on sale now for $29.99. This is a limited-time offer, after which the price will be $100. The pass also includes a 10% discount on content for a year and the option to buy NFT drops before anyone else.

The first drops collection will go on sale in about a week, after which collections from different platforms on the marketplace will drop each week.

About Hot Drops

Hot Drops is disrupting how fans and creators connect thanks to limited-edition digital collectibles, next-gen experiences, and loyalty and community rewards. Founded by and for creators, the platform celebrates diversity and freedom of speech.