Legitimate has completed a $4.3 million seed round led by Lemniscap

NFT company Legitimate has completed a seed round financing of $4.3 million, led by Lemniscap, with follow-on investments from Draper Associates, Sfermion Factor VC and other institutions. It is reported that the LGT tag is a special encrypted NFC (near field communication) chip that can be seamlessly integrated into the customer's supply chain and production process.