Voltage Finance Prix

Yakoa raises $4.8 million, plans to build NFT fraud detection tool

SNEAK PEEK Yakoa has made a total of $4.8 million in funding led by Brevan Howard Digital, Collab+Currency and Volt Capital with many other participants too. The tool will safeguard intellectual properties of NFT creators from counterfeit NFTs. The platform recognizes the very first existence of an NFT across several blockchains such as Polygon, Solana, Avalanche, Ethereum, etc. NFT fraud detection startup, Yakoa, has generated $4.8 million with a goal of building tools that battle against IP fraud in Web3.  Co-founder of the startup, Andrew Dworschak, said that the most usual attack is creating copies of NFTs and referring to