Candy operates as a digital asset content company. The company provides a platform that enables users to purchase, trade, and share sports non-fungible tokens (NFTs). It brings together designers, digital artists, and technologists to develop a broad range of official non-fungible tokens (NFTs). The company was founded in 2021 and is based in New York, New York.
Candy's Product Videos
Candy's Products & Differentiators
2021 Candy Jersey NFT
Every year, our team of designers will craft and launch a bespoke Team Candy Jersey to commemorate the year in the metaverse. The 2021 Edition is the first in the series and features digital stitching, neon Candy logos, and a glimpse into the future of virtual unis. In the future, owners will be given the unique right to burn the jersey and in its place receive special access to an upcoming Candy x MLB product line.
Research containing Candy
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Candy in 3 CB Insights research briefs, most recently on Dec 15, 2021.
Expert Collections containing Candy
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Candy is included in 1 Expert Collection, including Blockchain.
Companies in this collection build, apply, and analyze blockchain and cryptocurrency technologies for business or consumer use cases. Categories include blockchain infrastructure and development, crypto & DeFi, Web3, NFTs, gaming, supply chain, enterprise blockchain, and more.
Latest Candy News
Jun 29, 2023
New York, New York, UNITED STATES NEW YORK, June 29, 2023 (GLOBE NEWSWIRE) -- Today, Candy Digital , a next-generation brand engagement platform, announced a merger with leading web3 technology and production company Palm NFT Studio . The merger unites two leading creators of officially licensed digital collectibles enjoyed by millions of fans across sports, entertainment, art and culture. Operating under the Candy Digital name, the combined company will accelerate the development and implementation of innovative digital experiences for some of the world’s leading brands, including Major League Baseball, NASCAR , WWE , Netflix , Warner Bros Discovery , and more. This is a natural evolution for both companies as they seek to scale their market-leading platforms to further develop and launch bespoke digital collectibles, marketplaces, and loyalty programs that help companies deepen relationships with communities. In addition, the merger is expected to accelerate Candy Digital’s sustainable growth strategy through the realization of various efficiencies and operating synergies. Candy Digital CEO Scott Lawin will lead the combined company. Palm NFT Studio Co-Founder and CEO Daniel Heyman will join as President of Candy Digital. “Over the past two years, Candy Digital and Palm NFT Studio have pioneered breakthrough digital experiences and crafted innovative creative tools, connecting fans to some of the world’s most captivating content. Together, we’ll accelerate our mission of defining a new category of brand experience that focuses on co-creation, rewarding loyalty and connecting communities,” said Lawin. Over 2 million digital collectibles have been minted on Candy.com with nearly 500,000 marketplace transactions. Meanwhile, the DC NFT Universe is one of web3’s most engaged platforms with over 450 million social media impressions, over 675,000 accounts, and over 230,000 marketplace transactions. “Palm NFT Studio was founded to help artists, creators, and fans build new ways to connect. Over the course of the past two years, we've cultivated some of the largest communities in web3, and developed the technological infrastructure for some of the space's leading projects on the Palm network,” said Heyman. “Candy Digital and Palm NFT Studio’s unified technology platform scales our ability to create transformative experiences for fans. We look forward to working with Candy Digital to build the next generation of digital media and engagement.” The combined Candy Digital is backed by a diversified group of leading technology investors, including Galaxy, ConsenSys Mesh and 10T Holdings. Candy Digital is the leading platform on the PALM network, an Ethereum-compatible sidechain built to serve as the foundation of a new scalable and sustainable ecosystem for NFTs. For more information and updates, follow Candy Digital on Twitter here . Media Contact
Candy Frequently Asked Questions (FAQ)
When was Candy founded?
Candy was founded in 2021.
Where is Candy's headquarters?
Candy's headquarters is located at 205 Hudson Street, New York.
What is Candy's latest funding round?
Candy's latest funding round is Series A - II.
How much did Candy raise?
Candy raised a total of $138.5M.
Who are the investors of Candy?
Investors of Candy include ConsenSys, 10T Fund, ConsenSys Mesh, Creative Artists Agency, New Enterprise Associates and 11 more.
Who are Candy's competitors?
Competitors of Candy include DappRadar and 3 more.
What products does Candy offer?
Candy's products include 2021 Candy Jersey NFT and 4 more.
Compare Candy to Competitors
Dapper Labs operates a blockchain-based collectibles and non-fungible token (NFT) platform. Its platform uses blockchain-enabled applications to bring its customers closer to the brands. It enables users to access new forms of digital engagement and track their ownership securely. The company was founded in 2018 and is based in Vancouver, Canada.
DappRadar offers a global decentralized application store for non-fungible tokens (NFTs) and decentralized finance (DeFi). It tracks, discovers, and analyzes the daps, NFTs, latest tokens, DeFi projects, and more. The company was founded in 2018 and is based in Kaunas, Lithuania.
Dibbs operates as a platform for people to sell and buy sports cards. The sports card on the company has a corresponding (non-fungible token) NFT containing relevant data about the specific card. The NFTs are then fractionalized using smart contract technology and the fractions are traded on it. It was founded in 2020 and is based in El Segundo, California.
Stakes is a social wagering platform offering a new web3 experience for sports fans.
Valorafutbol operates as a software-as-a-service (SaaS) product. The company helps media, sports, and entertainment stakeholders to reach, engage and monetize their audience and fans. It was founded in 2017 and is based in Abu Dhabi, United Arab Emirates.
Jetcoin is a new digital fuel for the world of sports and entertainment, gives fans and supporters a unique opportunity to benefit directly from the success of their favorite athletes and stars. It disrupts traditional fan-athlete/talent relationships by enabling anyone to launch and support the careers of tomorrow's stars. Jetcoin Institute manages the distribution process of the Jetcoins via Jetcoin Contracts and proofs of social engagement (P.O.S.E.)