Craftt Closed $2M Seed to Offer Universal Benefits with Future of Work Decentralized Platform

SAN FRANCISCO - Oct. 23, 2024 - PRLog -- Craftt, a platform built on decentralized infrastructure for the modern workforce, has successfully closed US$2 million in seed funding. The round was led by Superscrypt, accompanied by DCG, and participation from notable angel investors. Craftt's mission is to offer universal benefits that enable financial confidence so anyone can have the freedom to choose where and how they work, without worries.

Craftt exists because the labor market is facing unprecedented transformations. People are transitioning from linear jobs to flexible, multi-dimensional careers. It is tailored for independent workers (freelancers, consultants, contractors, digital nomads, remote workers, and creators) who make up over 50% of the three billion workforce, to help them access benefits traditionally reserved for full-time employees.

Craftt's modular platform and ecosystem will simplify and empower a seamless and connected workforce with income and earnings, healthcare and insurance, perks and rewards, and work-life support—all subsidized through network economics.

This funding milestone will accelerate the development of Craftt's decentralized infrastructure and fuel platform growth of partnerships, ecosystem apps and integrations, and community-building efforts.

Craftt believes in the future of a dynamic workforce that values flexibility, autonomy, and control over their careers. Work will no longer be just about the 9-to-5 grind, climbing corporate ladders, or holding a single job title.

Craftt is designed to tackle labor challenges in new ways through an integrated decentralized platform that will deliver universal benefits, streamline global payments and finances, and meet compliance needs with the use of verifiable credentials:

- Craftt ID—represents a user's identity and profile for single sign-on authentication and verification to connect the universal benefits system.
- Craftt Pass—the gateway to universal benefits, opportunities, earnings, and rewards. It's an all-in-one application that empowers users with a growing ecosystem designed to support and enhance their careers.
- Benefits & Payments Infrastructure—the core of Craftt's universal benefits system, earnings and network monetization layer, and global payment solutions.
- Craftt API & no-code tools—solutions for partners and builders to integrate Craftt into their applications and offer access to universal benefits for their users.

Craftt Pass is in public beta for immediate access to cashback and discounts on global health insurance. Recently, Craftt integrated with World's digital proof of human for the internet —World ID, allowing its 7M+ unique humans to Sign In with World ID to Craftt Pass for universal benefits.

Craftt will further develop the platform towards an L2 infrastructure and expand its partnership and benefits offerings. Early Craftt Pass users will have exclusive access to upcoming features and releases.

https://medium.com/@craftt_xyz/craftt-closed-2m-seed-to-d...