THELOGICALINDIAN - The NFT sites fundraiser featured Andreessen Horowitz additional clandestine investors and crypto artists
OpenSea has aloft $23 actor in its Series A round, according to an announcement from the NFT trading marketplace.
OpenSea Attracts Heavyweight Investors
OpenSea’s Series A fundraising annular was led by adventure basic close Andreessen Horowitz. The fundraiser additionally admiring several aerial contour investors, celebrities and artists.
Angel investors that alternate in the fundraiser accommodate Naval Ravikant, Mark Cuban, Tim Ferris, Belinda Johnson, Ben Silbermann, and Alexis Ohanian. Several crypto artists, including 3LAU, RAC, and Justin Kan additionally alternate in the fundraiser.
Devin Finzer, co-founder and CEO of OpenSea, says that the funds aloft will be acclimated to calibration up the armpit for a added audience. “Over the advancing years, billions of bodies will be alien to agenda ownership, and we’ve congenital OpenSea as a trusted entrypoint into that world,” his advertisement explains.
The armpit is growing exponentially: currently, its account volume exceeds $150 million. It is additionally accretion its team, as a job listing indicates that it is hiring 11 new personnel.
What Is OpenSea?
OpenSea is a website that facilitates the barter of non-fungible tokens (NFTs) or crypto collectibles, a blazon of crypto badge that can accommodate agenda art, bold assets, or added items.
The armpit handles added than 20 actor NFTs, but the accomplished few months accept apparent a few decidedly notable trades. Earlier this month, Nashville bedrock accumulation Kings of Leon fabricated $1.4 actor from NFT sales, accommodating through OpenSea. Meanwhile, a burnt Banksy art allotment was awash for a sum of $380,000.
OpenSea primarily trades Ethereum-based tokens. However, this year it broadcast its abutment for added blockchains by facilitating trades for Tezos-based NFTs, as announced in February.
The columnist did not authority any cryptocurrencies mentioned in this commodity at the time of press.
