DRAUP

DRAUP

Maximizing the value of digital fashion for its consumers and creators.

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DateInvestorsAmountRound
investor investor investor investor investor investor investor investor investor investor investor investor investor

€0.0

round
*

N/A

Acquisition
Total Funding000k

Financials

Estimates*

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Revenues, earnings & profits over time
USD2023
Revenues0000
EBITDA0000
Profit0000
EV0000
EV / revenue00.0x
EV / EBITDA00.0x
R&D budget0000

Source: Dealroom estimates

More about DRAUP
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Draup.xyz is a forward-thinking startup operating in the digital art and blockchain space. The company specializes in creating and selling Non-Fungible Tokens (NFTs), which are unique digital assets verified using blockchain technology. These NFTs can represent various forms of digital art, collectibles, and other digital goods. Draup.xyz primarily serves tech-savvy individuals and digital art enthusiasts who are interested in owning and trading unique digital assets.

The market Draup.xyz operates in is the rapidly growing NFT and blockchain sector. This market has seen significant interest from both individual collectors and institutional investors looking to diversify their portfolios with digital assets. The company leverages the increasing popularity of NFTs and the broader acceptance of blockchain technology to carve out its niche.

Draup.xyz's business model revolves around the creation, minting, and sale of NFTs. The company collaborates with digital artists to create exclusive NFT collections. These collections are then minted, a process that involves creating a unique digital token on the blockchain that represents ownership of the digital asset. Once minted, these NFTs are listed for sale on Draup.xyz's platform.

Revenue generation for Draup.xyz comes from several streams. Primarily, the company earns money through the sale of NFTs. Each transaction involves a fee, which is a percentage of the sale price. Additionally, Draup.xyz may charge artists a fee for minting their digital art into NFTs. The company also benefits from secondary market sales, where it earns a commission each time an NFT originally sold on its platform is resold.

In summary, Draup.xyz is a dynamic player in the NFT and blockchain market, offering a platform for digital art enthusiasts to buy, sell, and trade unique digital assets. The company’s innovative approach and strategic positioning in a burgeoning market make it a notable entity in the digital economy.

Keywords: NFTs, blockchain, digital art, collectibles, minting, cryptocurrency, ETH, digital assets, tech-savvy, transactions.

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