![]() Hardware as a service At its most basic level, Topi is selling a hardware-as-a-service business model, allowing merchants to rent out their equipment such as smartphones, printers, PC monitors, coffee machines, robotic arms, or whatever industry-specific machinery in which they specialize. Pallua previously worked as a strategy and business development manager at Apple in the San Francisco Bay Area, where she led a team tasked with exploring the feasibility of hardware subscriptions - Apple has yet to launch such a service, but reports continue to surface that the Cupertino company is still looking to bolster its recurring revenue via such subscriptions. ![]() Topi essentially brings together the various components that a seller might need to offer hardware subscriptions, including insurance, logistics, and refinancing providers, so that merchants can easily build rentals into their existing online channels using Topi’s APIs. Koops, in contrast, can be more centralized, tend to be smaller in size, and afford groups the option to organize around a short-term goal or cause and dissolve the Koop when it has been achieved, Murillo added.Ĭreandum Index Ventures Startups topi triplepoint capital The platform has seen $110 million in total value across the treasuries of its 50 active communities buying and selling NFTs, according to Murillo, who noted that the company has a waitlist of 8,500 groups who want to form Koops. At its core, Koop is a protocol that helps creators and communities launch NFT-based membership passes to raise funds for projects, Murillo told journalist in an interview. Koop also announced today that it is coming out of stealth with $5 million in funding led by 1confirmation and web3 creator economy-focused Variant Fund, with participation from Palm Tree Crew, Day One Ventures, Ethereal Ventures, DeFi Alliance, Volt Capital, PearVC, DCF God, 0xmons and angel investors including crypto influencer Cooper Turley, ex-Coinbase CTO and a16z investor Balaji Srinivasan and former Sequoia partner Liu Jiang. 1confirmation balaji srinivasan blockchain coinbase community
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