{"id":53414,"date":"2021-11-23T17:43:12","date_gmt":"2021-11-23T15:43:12","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=53414"},"modified":"2025-09-03T15:01:37","modified_gmt":"2025-09-03T12:01:37","slug":"paris-hilton-and-bill-ackman-back-nft-project-in-20-million-round","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/paris-hilton-and-bill-ackman-back-nft-project-in-20-million-round\/","title":{"rendered":"Paris Hilton and Bill Ackman Back NFT Project in $20 Million Round"},"content":{"rendered":"<p>The Swiss nonprofit ORIGYN Foundation attracted strategic investments totaling $20 million in a round with the participation of billionaire Bill Ackman\u2019s Table Management firm and celebrity Paris Hilton.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">We are excited to announce the visionary institutions and people partnering with <a href=\"https:\/\/twitter.com\/ORIGYNTech?ref_src=twsrc%5Etfw\">@ORIGYNTech<\/a> as we bring NFTs to life. Read the details of our strategic funding round at: <a href=\"https:\/\/t.co\/YKtncBmd12\">https:\/\/t.co\/YKtncBmd12<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/OGY?src=hash&#038;ref_src=twsrc%5Etfw\">#OGY<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/ORIGYNFoundation?src=hash&#038;ref_src=twsrc%5Etfw\">#ORIGYNFoundation<\/a><\/p>\n<p>\u2014 ORIGYN (@ORIGYNTech) <a href=\"https:\/\/twitter.com\/ORIGYNTech\/status\/1463153858373246980?ref_src=twsrc%5Etfw\">November 23, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div>\n<\/figure>\n<p>Polychain Capital, GD10 Ventures, Vectr Ventures and other investors were among the round participants.<\/p>\n<p>The funding lifted ORIGYN\u2019s valuation to $300 million.<\/p>\n<p>The project uses non-fungible tokens (NFTs) as digital certificates for identifying and authenticating physical and digital luxury goods. ORIGYN says it uses both blockchain technology and artificial intelligence in its solutions.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cThe pairing of physical goods with digital certificates is the next evolution of NFTs. ORIGYN provides the advantages of transparent authentication and ownership rights for digital objects across a range of industries. NFTs are not just digital images, and we are excited to demonstrate what is truly possible with this technology,\u201d said <a href=\"https:\/\/www.theblockcrypto.com\/linked\/125156\/origyn-foundation-secures-20-million-funding-for-nft-based-authentication-certificates\">The Block<\/a> CEO ORIGYN Foundation Daniel Haudenschild.<\/p>\n<\/blockquote>\n<p>The organization attracted funding amid preparations to launch a service token. The OGY token will become the project\u2019s native token, necessary for interacting with its services.<\/p>\n<p>Earlier, in August, Table Management <a href=\"https:\/\/forklog.com\/en\/news\/andreessen-horowitz-leads-20-million-investment-round-for-defi-project-syndicate\">participated in a $20 million investment round<\/a> for the DeFi project Syndicate.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Swiss nonprofit organization ORIGYN Foundation attracted strategic investments of $20 million in a round featuring billionaire Bill Ackman\u2019s Table Management and celebrity Paris Hilton.<\/p>\n","protected":false},"author":1,"featured_media":53415,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1213,2266,1133],"class_list":["post-53414","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-nft","tag-paris-hilton","tag-venture-investments"],"aioseo_notices":[],"amp_enabled":true,"views":"16","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/53414","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=53414"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/53414\/revisions"}],"predecessor-version":[{"id":53416,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/53414\/revisions\/53416"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/53415"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=53414"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=53414"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=53414"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}