Revel raises $7.8 million to become NFT’s Instagram and Robinhood

CEO Adi Sideman said the company has raised $7.8 million through initial funding led by Dragonfly Capital for its non-fungible tokens platform, Revel.

Revel is primarily a social game economics-wrapped hybrid of Instagram and Robinhood.

Instagram is a social media platform, while Robinhood is a trading and investment app. According to Sideman, Revel combines the two so that its users can build a “investments of media and of the people they collect.” (In a related announcement earlier ...