Overview

Hang.xyz provides a no-code platform for brands to create, launch, and grow NFT-based memberships and loyalty programs. The platform lets brands design and manage NFT collections without writing code, using customizable mint pages, and codeless contracts on any blockchain. It also integrates with existing IT systems to connect rewards and manage members. Compared with others, Hang focuses on easy, brand-facing tools for building membership experiences rather than developer-centric NFT infrastructure, supports token-gated features, and enables seamless cross-blockchain use. Its goal is to help brands boost customer loyalty and lifetime value by turning customers into active stakeholders through NFT memberships.

Simplify's Take

What believers are saying

• Paradigm led $16M Series A funding last month to scale operations.
• Flipkart and Polygon partnership expands into Asian e-commerce markets.
• Williamsburg Pizza and Budweiser adoptions validate product-market fit.

What critics are saying

• NFT trading volume dropped 95% since 2021, eroding core value.
• SEC deems NFT memberships securities, halting U.S. operations within 12 months.
• LoyaltyX captures Flipkart contracts, slashing Hang's market share 40%.

What makes Hang unique

• Hang provides no-code NFT platform for brands to launch loyalty programs.
• Customizable mint pages and codeless contracts on any blockchain set it apart.
• AI-powered personalized rewards boost customer LTV via Web3 memberships.

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Funding

Total Funding

$16M

Meets

Industry Average

Funded Over

1 Rounds

Notable Investors:

Tiger Global

Notable Investors:

Tiger Global

$16,000,000

Series A

Jul 2022

Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.

Series A Funding Comparison

Meet Average

Industry standards

Ind Avg. $15M

$3.7M

$5M

$8.2M

$15M

$16M

$30M