# Tokenproof

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/tokenproof

- Industry: Financial Services
- Headquarters: Austin, US
- Website: www.tokenproof.xyz
- Total disclosed funding: $6.3M
- Latest round: Seed (Aug 30, 2022)
- Investors on record: 5

## About

Based in Texas, the US, and founded in 2022, MagnaCerta, Inc., dba Tokenproof, provides identity and safe token-gating solutions, enabling users to prove ownership of NFTs. In August 2022, Tokenproof raised USD 5 million in Seed funding from Penny Jar Capital, including 6th Man Ventures, Canonical Crypto, and Corazon Capital. Fonz is the founder of the company.

The company provides token-gating solutions that enable users to prove ownership of NFTs without connecting or even carrying their wallets. The firm's solutions are delivered through online use cases that include customized access controls, detailed setup options, ticketing capabilities, and analytics.

The organization plans to use the August 2022 funding to accelerate the expansion of additional use cases for NFT verification, including online services and retail experiences.

## Funding rounds

- Seed, Aug 30, 2022, $6.3M — Corazon Capital, Penny Jar Capital, 6th Man Ventures, 6529 Capital, Canonical Crypto

## Investors

- Corazon Capital (https://capitalatlas.ai/funds/corazon-capital) — Seed
- Penny Jar Capital (https://capitalatlas.ai/funds/penny-jar-capital) — Seed
- 6th Man Ventures (https://capitalatlas.ai/funds/6th-man-ventures) — Seed
- 6529 Capital (https://capitalatlas.ai/funds/6529-capital) — Seed
- Canonical Crypto (https://capitalatlas.ai/funds/canonical-crypto) — Seed