Metasky Raises $1.8 Million The pre-Seed token sale round was led by Sequoia Capital India and Woodstock Fund

By Akshit Pushkarna

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Company handout

Metasky, a platform aimed at the intersection of Web3 and creator economy, has raised $1.8 million in a pre-Seed token sale round led by Sequoia Capital India and Woodstock Fund.

Metasky is launching a user-friendly Web3 wallet that democratizes access to the decentralized world. Metasky's Wallet can seamlessly integrate inside any existing website or application, converting any existing app to a Web3 app. These assets can then be used to provide exclusive benefits to token holders. These benefits range from unlockable digital content of your favorite creators, exclusive chat rooms and live streams, to backstage access into their offline events.

"Metasky itself is organized as a decentralized community. It is the most efficient way of aligning a group of people towards a shared goal. We want to walk the talk that decentralization is important, but it is a means to an end. Concepts like NFTs only make sense if they are accompanied with a strong set of utilities, a passionate community and real governance rights. We are building Web3 tools to serve this purpose," said Ankit Arora, co-founder of Metasky.

"The founders are accomplished company builders and we are excited to work alongside them as they create a holistic platform for NFT communities," said Shailesh Lakhani, MD, Sequoia India.

Metasky was founded in 2021 by Ankit Arora and Prakhar Sharma to elevate NFTs from just images into objects that are alive and packed with exclusive benefits. The platform aims to be a bridge to Web3 for influencers, creators and brands, said a statement.

Akshit Pushkarna

Former Features Writer

Growing a Business

The 10 Best Podcasts Every Entrepreneur Should Listen to for Growth, Strategy and Success

Unlock your potential with the 10 must-listen podcasts for entrepreneurs, offering expert insights on growth, strategy and success.

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

News and Trends

Ranbir Kapoor Launches Lifestyle Brand ARKS in Mumbai

ARKS will offer premium footwear and wardrobe staples like tailored shirts, white T-shirts, and trousers, reflecting Ranbir Kapoor's sophisticated yet relaxed style influenced by cinema and fashion trends.

News and Trends

Nikhil Kamath's WTFund Backs 22 Young Entrepreneurs with Grants & Mentorship

WTFund's second cohort, spanning 50+ cities, showcases startups across Tech, D2C, Edtech, Fintech, and more. Tier I drives AI/ML B2B solutions, while Tier II/III focus on vernacular-first B2C innovations.

Growth Strategies

JLR To Ramp Up Production Of Made In India Range Rover & Range Rover Sport; To Focus On SV Variants: Rajan Amba

We are focusing on tailor made limited edition cars, specifically for the Indian market, catering to the high net worth individuals (HNIs), says Rajan Amba, MD, JLR India

Franchise

4 Tips for Selecting the Right Location for Your Franchise

Stay true to your model and understand your guests so your new location will create the same experience they've come to expect everywhere you operate.