Swoops is a blockchain and NFT-powered strategy basketball game with the slogan "Blockchain and NFT-powered strategy basketball game. Think 'Web3 DraftKings'". Founded in 2021 and headquartered in the United States, it aims to transform the passive fan experience by offering active engagement.
The startup enables users to assume the roles of Owner, General Manager, Coach, and Player, providing them with opportunities to own, trade, and stake players for cash prize contests. Players can mint their own players, explore their skills, and optimize lineups, bringing the concept of Fantasy Basketball to real ownership.
The latest milestone for Swoops was a $3.50M Seed Round investment on 12 February 2022, with participation from notable investors including Alpaca VC, Courtside Ventures, Slow Ventures, Future Perfect Ventures, Pareto Holdings, Redbeard Ventures, Gary Vaynerchuk, Magdalena Kala, and Jason Robins.