CryptoSlam Nets $9 Million in Seed Round Led by Animoca Brands – ZellaNews

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The announcement, made on Jan. 5, acknowledged that the spherical was led by Hong Kong-based sport software program and enterprise capital firm Animoca Brands.

CryptoSlam is a supplier of knowledge and transparency for the NFT business, rating the highest NFT collections by gross sales quantity on secondary markets.

Additional buyers embrace the enterprise arm of the OKEx trade, Blockdream Ventures, Binance Smart Chain, Polygon, and a variety of different enterprise companies.

Also contributing to the $9 million strategic spherical was a variety of people and angel buyers. These included Reid Hoffman from LinkedIn, James Park from Fitbit, Randall Kaplan at Akamai Technologies), The Sandbox’s Sebastien Borget and Rotten Tomatoes co-founders, Stephen Wang and Patrick Lee.

There was additionally participation from CryptoSlam pre-seed buyers Mark Cuban and Sound Ventures.

On Jan. 5, CryptoPotato reported that Animoca had led a $5 million funding spherical into the Solana-based Exotic Markets DAO.

NFT Growth Continues

CryptoSlam has turn into the NFT equal of CoinMarketCap or CoinGecko, and it shares the analytics area with Nonfungible.com. The portal has seen large development in visitors in tandem with the explosion in curiosity in NFTs over the previous 12 months.

Founder and CEO of CryptoSlam, Randy Wasinger, commented on this monumental development earlier than including that NFTs are “right here to remain.” Billionaire investor Mark Cuban added to the sentiment commenting:

“I’m enthusiastic about what CryptoSlam has completed to be the de facto supply of knowledge and pricing on all issues NFT.”

The platform workforce has grown to twenty members, and the funding will likely be used to increase this even additional. Funding will even be channeled into additional creating the platform itself, including extra blockchains, launching new branded merchandise, and launching an API for builders to construct on prime of the platform.

NFTs are persevering with to surge this 12 months regardless of the heavy crypto market pullback. Shark Tank’s Kevin O’Leary commented that the NFT market might even surpass that of Bitcoin.

Leading NFT market OpenSea has seen a surge in buying and selling quantity this 12 months, with $1.17 billion already reported for January alone, and the 12 months is barely every week outdated!

Ape Mania Leading NFT Sales

CryptoSlam at the moment lists the Mutant Ape Yacht Club as the highest-promoting NFT assortment over the previous seven days, with a sale quantity of $94 million. The sibling assortment of Bored Apes is in second place, with $87 million offered on secondary markets in the previous week.

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