THELOGICALINDIAN - PRESS RELEASE New Londonbased NFT exchange belvedere myNFT has appear its accessible barrage with the account that it has accustomed Series A allotment from some of the best arresting investors in the blockchain industry
myNFT believes that the accepted NFT industry is abounding with barriers, blocking this advocate technology from actuality attainable to everyone. Their amount mission is to change this in means that no added belvedere has done afore – blurred costs, and acknowledging multi-chain acquittal methods, including authorization and abounding added features.
The belvedere is congenital on the Moonbeam parachain which is a allotment of the Polkadot Network. Polkadot was founded by Ethereum co-founder Gavin Wood and is accepted as ‘the internet of blockchains’ as it connects blockchains together, acceptance amount and abstracts to be beatific beyond ahead adverse networks. Thanks to the natively interoperable and multi-chain architectonics of Polkadot, myNFT barter will eventually be able to create, barter and drift NFTs amid any blockchain in any bill and at a low cost.
A gamechanger for the NFT industry, myNFT are ablution with a applicable authorization onramp, area users can buy and advertise NFTs with Pounds (£), Dollars ($) and added non-cryptocurrencies. This is in band with myNFT’s all-embracing mission of authoritative this advocate technology attainable to all.
Currently one of the capital bottlenecks endlessly boilerplate acceptance of NFT technology is the aerial gas fees associated with the Ethereum network. Ethereum gas costs accept skyrocketed, excluding abounding new abeyant buyers from the market. myNFT’s tech assemblage is affidavit of pale based – abundant added scalable and aloof as defended as Ethereum. Thus buyers and sellers will accept abundant lower gas costs and faster transaction speeds which agency greater amount and clamminess for the NFTs created.
People can bargain their NFTs on the myNFT belvedere application their new, patent-pending bid-to-earn GBM bargain system. In a GBM auction, there are alone two outcomes, the applicant either makes money back they are outbid or they win the account in the auction! This is an absolutely atypical way for bodies to ascertain the amount of their NFTs and makes auctions a lot added fun for anybody involved.
When creating the myNFT platform, the acquaintance of its co-founders played a big role. Three university friends, Hugo McDonaugh, Edouard Bessire, and Guillaume Gonnaud, accept been alive in the NFT amplitude back the actual aboriginal canicule of the industry. Previously, they auspiciously launched the Cryptograph platform in 2020, which enabled Hollywood celebrities and artists to actualize their own NFTs and accord a allocation of the gain to a alms of their choice. During this time the co-founders encountered abounding issues affecting the industry such as astringent gas amount inflation, bulky user experiences, poor cryptocurrency exchanges, and more. The aggregation has approved to use these adventures in adjustment to actualize a bigger belvedere in the anatomy of myNFT.
The acknowledged achievement of their Series A allotment round, with over $7M raised, paves the way for creating a added attainable NFT industry. In this regard, Hugo McDonaugh, co-founder and CEO of myNFT, states:
Securing Series A allotment is such a basic footfall for a fast-developing start-up like ours, and we’re captivated to accept the abutment from some of the smartest bodies in web3, and beyond. It gives us the abandon to focus on growing myNFT and carrying transformative appearance to the NFT industry to bear on our amount mission to accomplish NFTs attainable to all. Thanks to blockchain technology and NFTs, we are witnessing the ancestry of a new internet: an internet based on value, ownership, and freedom. With this vote of confidence, myNFT will ensure no one gets alone from accessing this absolutely advocate technology.
The Series A was led by Scytale Ventures, a arch broker in the blockchain industry. Added investors accommodate SevenX Ventures, Future Perfect Ventures, Signum Growth Investments, Bruno Skvorc (Founder of RMRK), George McDonaugh (Co-founder of KR1) and a array of added ancestors offices and angel investors. The aggregation has additionally accustomed a admission from the Moonbeam Foundation for their assignment on important NFT basement for Web3.
myNFT is due to barrage their aboriginal adaptation in June 2022.
The abutting date in their roadmap afterwards barrage is to absolution their abutting bearing NFT minting basement alongside some agitative new developments that the NFT industry has yet to see.
You can already annals at www.mynft.com to be one of the aboriginal to use the myNFT exchange back it launches and additionally access the barrage antagonism for a adventitious to win some absurd NFT prizes.
To acquisition out added about myNFT or to allege to CEO, Hugo McDonaugh or Head of Growth, Sina Sadrzadeh, amuse acquaintance either Lydia Drukarz ( 447977 454180) or Will Jones ( 447505 827569) at Wavelength PR or email: [email protected] or [email protected]
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