OpenSea Ventures among backers for $7M round for crypto security startup

10/18 13:14

Web3 Builders Inc, a new smart contract and non-fungible token (NFT) security startup, raised $7 million in seed funding with backers that included Road Capital and the venture capital arm of NFT marketplace OpenSea. The funding will help build out the products, add new artificial intelligence and machine learning methods, and expand the team. Alongside the funding, Web3 Builders announced TrustCheck, a free scam prevention tool for those transacting with cryptocurrencies, smart contracts and non-fungible tokens. The Chrome browser extension instantly analyzes the risk of a given crypto transaction by running checks against the company’s machine-learning engine.

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