SerMorpheus

SerMorpheus is an Indonesia-based Web3 platform that helps brands, celebrities and event organizers create, distribute and sell non-fungible tokens (NFTs) to fans without requiring technical blockchain expertise. Businesses use the platform to launch NFT-based tickets, memberships and fan-engagement perks, while consumers can buy, claim and trade these digital assets using local currency (Indonesian rupiah) rather than cryptocurrency, lowering the barrier to Web3 adoption. As of its 2022 seed round, the platform had onboarded roughly 25 brands, including Indonesia Comic-Con, and had been used by about 27,000 people to claim NFT-based tickets and perks. SerMorpheus takes a 5-10% cut on NFTs minted on the platform and a 2% fee on secondary sales, and is backed by investors including Intudo Ventures, 500 Global, Febe Ventures, AlphaLab Capital, BRI Ventures and Caballeros Capital.