Web3 cannabis distribution network WEEDAR completes $1.5 million seed round financing

ChainCatcher news, according to Tech Funding News, the Web3-based cannabis distribution network WEEDAR has completed a $1.5 million seed round financing, with specific investment details undisclosed. The funds raised will be used to develop and improve existing features. So far, the company has raised a total of $2.3 million.

It is reported that WEEDAR allows users to purchase their favorite cannabis brands in 3D AR, access exclusive products in collaboration with popular artists, and collect NFTs. Users can earn money by buying cannabis through trading or reselling NFTs. Additionally, users can participate in gamified in-app activities and earn points with each victory, which can be redeemed for discounts and merchandise, such as limited edition custom pipes or grinders. (Source link)