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Paper raises $7m in Seed funding

San Francisco based crypto-focused payments processor raised $7m in Seed funding led by Electric Capital and Initialized Capital.

“We view NFTs as a utility, instead of the easiest way to buy a [profile picture] project,” Sun said. “Some of them have cool things like membership but we’re most excited about the ones with utility instead of [a] collectibles [focus].”

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payments processor, crypto