Metalink secures $6 million seed funding for NFT portfolio management and social platform
On March 15th, NFT’s portfolio management and social platform Metalink completed a $6 million seed round financing, with Guy Oseary, Gary Vaynerchuk, MoonPay CEO Ivan Soto Wright, The Sandbox founder Sebastien Borget, former Coinbase CTO Balaji Srinivasan, DJ Justin Blau, Social Capital, Arrington Capital, Sound Ventures, Gemini Frontier Fund BallerVC, the venture capital division of Dapper Labs, and Human Ventures of Genies participated in the investment.
NFT social platform Metalink completed $6 million seed round financing
Analysis based on this information:
Metalink, a social platform focused on portfolio management of non-fungible tokens (NFTs), has raised $6 million seed funding in a round led by early-stage venture capital firm Social Capital. The funding round included participation from prominent investors such as Gary Vaynerchuk, Guy Oseary, former Coinbase CTO Balaji Srinivasan, DJ Justin Blau, and Arrington Capital.
NFTs are digital assets that are unique and represent ownership of an item, such as artwork or music, and provide the owner with certain rights. The market for NFTs has exploded in recent months, with some individual pieces selling for millions of dollars. Metalink aims to help users manage their NFT portfolios and connect with other collectors and creators in the industry.
The funding is expected to be used to develop Metalink’s platform, which currently offers a mobile app that allows users to create and manage NFT collections, discover new NFTs and connect with others in the community. The platform also offers analytics tools and a marketplace for buying and selling NFTs.
Metalink’s approach to NFT portfolio management is unique, as it focuses on the social aspect of collecting NFTs. The platform provides users with the ability to collaborate on collections with others, showcase their collections, and find like-minded collectors and creators. Metalink also provides creators with tools to showcase their work and monetize their NFTs.
The participation of high-profile investors such as Gary Vaynerchuk and Guy Oseary is a testament to the potential of Metalink’s platform. The involvement of successful investors with a history of backing innovative startups is likely to attract further investment and interest in Metalink’s platform.
In conclusion, Metalink’s successful seed funding round highlights the growing importance of NFT portfolio management and the potential for a social platform focused on NFT collections. With its unique approach and the backing of prominent investors, Metalink is well-positioned to capitalize on the growing interest in NFTs and become a key player in the industry.
This article and pictures are from the Internet and do not represent Fpips's position. If you infringe, please contact us to delete:https://www.fpips.com/6877/
It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.