When was Dropthebit founded?

Dropthebit was founded in 2020 and raised its 1st funding round 2 years after it was founded.

Where is Dropthebit located?

Dropthebit is headquartered in South Korea.

Is Dropthebit a funded company?

Dropthebit is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on 2022.

When was the latest funding round of Dropthebit?

Dropthebit's latest funding was a $***** Seed round on 2022, with participation from 2 investors.

Where does Dropthebit rank among its competitors?

Dropthebit ranks 510th amongst 1674 active competitors, of which 293 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Digital Asset, which secured $365M in Jun, 2026.

Who are the top competitors of Dropthebit?

Dropthebit's top competitors include Alchemy, OpenSea and Digital Asset. Among them, Digital Asset secured the most recent funding round in June, 2026.

Dropthebit - 2026 Company Profile, Team, Funding & Competitors

Dropthebit is an acquired company based in South Korea, founded in 2020. It operates as a NFT and token distribution platform. Dropthebit has raised an undisclosed amount in funding from Capstone Partners and KB Investment. The company has 1674 active competitors, including 293 funded and 30 that have exited. Its top competitors include companies like Alchemy, OpenSea and Digital Asset.

Company Details

NFT and token distribution platform. It offers a platform that allows users to create campaigns to distribute tokens as claimable links on Evmos mainnet without a wallet address.

Key Metrics

Founded Year

2020

Location

South Korea

Stage

Acquired

Latest Funding Round

Seed, 2022, $*****

Investors

Capstone Partners & 1 more

Ranked

510^th among 1674 active competitors

Similar Companies

Alchemy & 2322 more

Exit Details

Acquired by GoodNotes (Jan 16, 2024)

View Dropthebit's full profile

Dropthebit got acquired by GoodNotes on Jan 16, 2024.

Click here to take a look at Dropthebit's acquisition in detail

Dropthebit has raised funding over 1 round. Its latest funding round was a Seed round on 2022 for $*****. 2 investors participated in its latest round. Dropthebit has 2 institutional investors.

Here is the list of recent funding rounds of Dropthebit:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
2022	9493	Seed	3049	8575	7086	1586

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Top competitors of Dropthebit include Alchemy, OpenSea and Digital Asset. Here is the list of Top 10 competitors of Dropthebit, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Alchemy 2013, San Francisco (United States), Series C	Provider of complete blockchain developer platform	$564M	Silver Lake, Addition & 37 others	79/100
2nd	OpenSea 2017, New York City (United States), Series C	Blockchain-based web3 marketplace	$427M	Andreessen Horowitz, StartX & 74 others	77/100
3rd	Digital Asset 2014, New York City (United States), Series F	Provider of Canton Network, the public blockchain with institutional-grade privacy for tokenized real-world assets	$817M	Goldman Sachs, Salesforce Ventures & 51 others	74/100
4th	QuickNode 2017, Miami (United States), Series B	Node and Dapp infrastructure for blockchain	$106M	10T, Tiger Global Management & 26 others	66/100
5th	Magic Eden 2021, San Francisco (United States), Series B	Online marketplace for non-fungible tokens	$157M	Electric Capital, Greylock Partners & 25 others	65/100
6th	Crossmint 2022, Miami (United States), Series A	Online platform to create, sell & distribute NFTs	$23.6M	Ribbit Capital, Pathlight Ventures & 12 others	62/100
7th	Zora 2020, Sacramento (United States), Seed	Online marketplace for NFTs	$62.6M	Haun Ventures, Green Bay Ventures & 9 others	61/100
8th	Origin Protocol 2017, San Francisco (United States), Series A	Blockchain platform for building decentralized marketplaces	$31.5M	Foundation Capital, DHVC & 56 others	61/100
9th	Rarible 2019, Wilmington (United States), Series A	Online marketplace offering blockchain based digital art	$16M	CoinFund, Venrock & 18 others	61/100
10th	Kresus 2022, San Francisco (United States), Series A	Web3 app intended to let users create mint, manage, and store digital assets	$38M	Liberty City Ventures, Sky VC & 6 others	61/100
510th	Dropthebit 2020, South Korea, Acquired	NFT and token distribution platform	-	KB Investment, Capstone Partners	24/100