The digital luxury fashion brand SYKY has raised $9 million from Seven Seven Six while also revealing plans for an exciting upcoming NFT collection.
In Brief
Alice Delahunt's SYKY venture has received a substantial $9 million investment from the venture capital outfit Seven Seven Six, led by Alex Ohanian.
On January 20, SYKY will launch the highly anticipated 'Keystone' NFT collection.
Out of the limited 50 NFTs, aspiring designers will have an opportunity to display their work and potentially sell their creations on the platform.
The impressive $9 million investment in Alice Delahunt's SYKY marks a significant step forward, with support from well-known VC firms like Brevan Howard Digital, First Light Capital Group, and Leadout Capital.
In addition to this funding news, SYKY has shared exciting details about the upcoming launch of their initial 'Keystone' NFTs, with 987 tokens available for purchase starting January 20 at 12 PM EST, priced at 0.2 ETH each (which is about $314 at the current exchange rate). Interested individuals can now sign up for the allowlist on SYKY's platform. shared Owning these NFTs will provide holders with exclusive benefits such as access to future drops, invitations to both digital and real-life events, networking opportunities, and insider reports from the fashion industry. Of the total 987 Keystone tokens, 50 will be offered to up-and-coming digital fashion designers, who can apply for access to these tokens later this month. The selected winners will be announced in February, giving them the platform to present, sell, and trade their unique fashion collections. website .
Looking ahead to the second quarter of 2023, SYKY has plans to roll out an additional segment of their platform, although Alice Delahunt has kept details under wraps for now.
Alice Delahunt, who previously held positions as Chief Digital Officer at both Ralph Lauren and Burberry, first introduced her vision for a digital fashion platform in November 2022. Subsequently, she brought on board a team of luxury fashion veterans to lend their expertise to the web3 project. Notably, SYKY's Chief Operating Officer, Roxanne Iyer, has previous experience at Ralph Lauren and Estée Lauder, while Burberry's Rachel Crowther has taken on the role of creative director, and Jonathan Bennett has been appointed as the Chief Technology Officer.
The former Ralph Lauren executive Alice Delahunt has launched an innovative Web3 fashion platform. announced Gucci Vault has unveiled a new creative experience within The Sandbox Metaverse.
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In line with the Trust Project guidelines Valeria holds a Master's degree in Public Communications and is pursuing a second major in International Business Management. In her free time, she enjoys photography and fashion styling. At just 13 years old, Valeria launched her first fashion-centric blog, which ignited her passion for journalism and style.
