NFT Marketplace Opensea Raises $100 Million — Firm Becomes a Blockchain Unicorn
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NFT Marketplace Opensea Raises $100 Million — Firm Becomes a Blockchain Unicorn

THELOGICALINDIAN - Opensea has become the latest nonfungible badge NFTfocused close to accession funds this year as the aggregation appear adopting 100 actor in a Series B this anniversary The adventure basic close Andreessen Horowitz led the Opensea costs annular alongside investors like Kevin Durant Ashton Kutcher and Tobi Lutke

NFT Marketplace Opensea Joins the Blockchain Unicorns, Project Now Supports Polygon

One of the better non-fungible badge (NFT) marketplaces today, Opensea, has appear the aggregation has aloft $100 actor in a Series B allotment round. Additionally, the activity additionally appear it was accretion its appearance to “cross-blockchain support” and Opensea will alpha acknowledging the Polygon blockchain. The allotment annular led by Andreessen Horowitz (a16z) puts Opensea into the unicorn cachet of blockchain startups with a appraisal of $1.5 billion afterwards the Series B.

NFT Marketplace Opensea Raises $100 Million — Firm Becomes a Blockchain Unicorn

“At Opensea, we accept NFTs are arising as one of the aboriginal consumer-oriented analgesic applications for blockchains,” the aggregation said during the allotment announcement. “NFTs are a simple archaic for agenda appurtenances (think agenda art, bold items, area names, and more) with cast new properties: they’re unique, provably scarce, liquid, user-owned, and accessible beyond assorted applications,” the close added.

In accession to a16z, Opensea’s Series B saw accord from Coatue, as able-bodied as investors like Michael Ovitz, Kevin Hartz, Dylan Field, Kevin Durant, Ashton Kutcher, and Tobi Lutke. “NFTs represent the architecture blocks for cast new peer-to-peer economies, area users accept greater abandon and buying over their data, and developers can body powerful, interoperable applications to accommodate absolute bread-and-butter amount to users,” Opensea’s allotment advertisement emphasizes.

Opensea Swims in an Ocean of NFT Marketplace Competitors Raising Money

According to 30-day statistics from Dune Analytics, Opensea’s sales aggregate is the accomplished anytime for the ages of July before aftermost month’s record-breaking data. July has apparent $174.6 actor in aggregate but circadian aggregate is lower than accepted at $4.4 million.

Daily statistics from Dune Analytics announce that during the aboriginal anniversary of May, Opensea saw $23.1 actor on May 4. As far as Polygon Opensea support, users can analysis it out today by visiting Opensea’s Matic web page. “Buyers no best accept to pay blockchain fees back authoritative trades on Opensea, and creators can absolutely acquire their way into crypto for the aboriginal time,” the aggregation noted.

Opensea’s Series B follows a cardinal of NFT-focused markets that accept been able to accession millions to aggrandize the NFT industry. Enjin raised $20 million in a badge auction for the Efinity NFT exchange that supports the Polkadot blockchain. The NFT bazaar Rarible raised over $14 million afresh and it affairs to barrage on the Flow blockchain.

The Mark Cuban-backed non-fungible badge (NFT) exchange Mintable raised $13 million in a Series A allotment annular during the aboriginal anniversary of July. Investors and adventure basic firms assume to accept that the NFT advertising will stick about for absolutely some time, and Opensea’s latest allotment shows the trend continues.

What do you anticipate about Opensea adopting $100 million? Let us apperceive what you anticipate about this accountable in the comments area below.

Image Credits: Shutterstock, Pixabay, Wiki Commons, Opensea,