Web3 consumer application Setter completes $5 million in seed round financing, led by a16z

Odaily News Web3 consumer application Setter completed a $5 million seed round of financing, led by Andreessen Horowitz (a16z), with participation from Marcy Ventures Partners, Superlayer, Thirty Five Ventures and retired tennis superstar Serena Williams. The app plans to help brands innovate ways to promote exclusive products and provide customers with limited-edition products. It is reported that Setter aims to solve the complexity and unfriendly nature of current wallet technology and provide more users with a more seamless Web3 experience. Setters initial focus is on partnerships with streetwear and sneaker brands with the aim of expanding into the fashion, luxury and consumer collectibles sectors. (CoinDesk)