Superplastic has raised $20 million to build a global entertainment brand in the age of nonfungible tokens, virtual characters, and viral videos.
The funding comes off Superplastic‘s successful auction at Christie’s for nonfungible tokens (NFTs) based on the virtual celebrities Janky & Guggimon. The company is betting that NFT art and other new business models will help it monetize characters like Janky & Guggimon, who have become viral synthetic celebrities or virtual beings. In collaboration with Christie’s, the company and its characters have also sold over $7 million in NFTs in 2021.

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