AlchemyNFT raises $ 6 million in funding to expand platform and team

AlchemyNFT announced the successful fundraiser of $ 6 million for its Remix platform.

Mark Cuban made his mark on another non-fungible token (NFT) platform with his recent investment in AlchemyNFT. Cuban and others helped AlchemyNFT raise $ 6 million to further develop their Remix platform for the NFT signature.

According to a blog written by Victor Zhang, founder of AlchemyNFT, Investors in the funding included Capital, Digital Renaissance Fund, Fenbushi Capital, Framework Ventures, Free Company, Hash Global, HashKey, Huobi Ventures, LongHash Ventures, Mask Network, Mechanism Capital, OKEx Blockdream Ventures, Puzzle Ventures, and SevenX Ventures.

Current and future projects at AlchemyNFT

AlchemyNFT is a service that was created to allow users to add custom touches to their NFTs. idea is to add digital signatures or other “remixes” to your NFT collection, grouping collections and collaborating with artists. first product introduced by AlchemyNFT was AutographNFT. platform allowed NFT people to digitally autographs using social media IDs. Celebrities signed up and could receive offers through and, if accepted, use their ID to digitally sign the NFT in question.

Once the signature is complete, the original NFT locks into a smart contract and generates a new, identical NFT that contains the desired digital signature. A portion of all payments accepted by celebrities will go to fund Save the Children, among other charities.

According to Zhang, “Remix NFT is a game changer, and AlchemyNFT is proud to provide the platform for NFT users and developers to do whatever they can imagine, whether owners add music or autographs to their NFTs or markets where musicians reward their fans with. exchangeable rights. Brings a new level of liquidity and utility. Zhang goes on to say that the $ 6 million raised will allow the company to grow not only the platform, but also the AlchemyNFT team. “I can’t wait for more talents to join our startup journey.”

Read also Bitcoin extends Rally, Ethereum and Altcoin are still supported

In a separate blog, Zhang laid out the idea using a real-world example. Zhang claims that a CryptoPunk NFT could be combined with Beeple’s art or a CryptoKitty work could be combined with a single Bitcoin and an NFT for a piece of music. “Each of these non-fungible tokens can also be signed by its creators or whoever the owner of the NFT prefers, which gives the NFT even more value.” Zhang concludes by stating that he believes NFTs “will create a resilient and secure economy based on strong and flexible technology.”


All information on our website is published in good faith and for general information purposes only. Any action taken by the reader on the information found on our website is strictly at your own risk.

Source link


Related Posts

© 2024 Cryptocoin