NFTrade Secures MetaPurse as Backers to Finalize $3.7 Million Seed Round
As we prepare for $ NFTD’s public launch, we are happy to announce the closing of our $3.7 million private token sale. This successful seed token sale has allowed NFTrade to receive all the necessary funding we require to continue to build out our team, create the ultimate NFT platform, marketplace, and aggregator, and continue towards our goal of connecting the entire NFT ecosystem in one place.
Our seed round was highly oversubscribed, allowing us to bring on only the most value-adding VCs, partners, and KOLs, with many backers that will aid in propelling our platform to new heights. Our seed round has seen participation from some of the most respected institutions in the NFT, DeFi, and crypto space:
Sfermion— One of the top strictly NFT-focused VC funds and early backers of projects such as CryptoPunks, Axie Infinity, OpenSea, The Sandbox, and more.
Metapurse— One of the most influential firms in the NFT world, and the owners of Beeple’s Everydays: the First 5000 Days, a $69 million purchase that makes the NFT the most expensive ever purchased to date.
DAO Maker— A leading launchpad, incubator, and project advisory institution.
Zokyo — NFTrade’s security advisors and one of the top smart contract auditing companies in the blockchain space.
GDA Capital — A leading global digital asset advisory firm offering expertise and knowledge with a global network of industry experts.
Additional funding coming from other fantastic partners such as SMO Capital, SparkPoint, Poolz, Magnus Capital, Legion Ventures, Autonomy Capital, NFT Tech, IconPlus Capital, AU21, Peech Capital, X21, and more, as well as in the form of grants that we have received directly from the Polygon and Solana development teams.
We wanted to ensure our fundraising was as equitable as possible, so all backers, whether they are giant venture capital firms or everyday users, get access to our $NFTD token at the same initial price of $0.10 each. We have already announced our IDO and public sale details and will continue to expand as the launch date gets closer. We appreciate the support from all of our involved backers and partners and look forward to a bright future of unprecedented accessibility and cross-chain NFT interoperability.