NFT Platform Pixel Vault Closes $100M Investment

2 years ago

NFT improvement level Pixel Vault has closed a $100 cardinal backing round, the startup announced connected Wednesday.

  • The institution said that the concern by Velvet Sea Ventures and 01A would alteration it to to motorboat a "multi-franchise NFT improvement platform," enabling creators and collectors to ain integer content.

  • “Pixel Vault projects are built with the cardinal tenets of Web3 astatine the halfway – assemblage empowerment, decentralized governance, and existent integer ownership,” Pixel Vault laminitis and CEO Sean Gearin said successful the announcement.

  • Pixel Vault launched past May with a driblet that included existent and integer comic publication characters from the CryptoPunks project. The institution has a ample postulation of superhero and villain NFTs that it hopes to make into a decentralized, studio-scale amusement platform. It is besides the creator of the MetaHero Universe, a societal and gaming platform.

  • The backing volition enactment the improvement of projects crossed television, movies and video games, the institution said.

  • Pixel Vault said it has generated astir 100,000 ether successful superior and secondary transactions.

  • ”Intellectual spot is the product," Velvet Sea spouse Michael Lazerow, who volition articulation the Pixel Vault board, said successful the announcement. "And Pixel Vault is gathering it successful adjacent concern with its engaged assemblage of avid collectors, of which I americium a arrogant token-carrying member.”

  • O1A is the task superior steadfast founded by erstwhile Twitter CEO Dick Costolo and erstwhile COO Adam Bain.

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James Rubin is CoinDesk's U.S. quality exertion based connected the West Coast.


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