NFT Platform Rarible Closes Seed Round With CoinFund

Screen Shot 2020 09 09 at 6.45.12 PM

Rarible, a digital art-focused NFT platform, has raised an undisclosed amount in a pre-seed round closed by crypto investment firm CoinFund.

“The investment will help Rarible develop a community-governed, blockchain-based NFT marketplace that enables a direct relationship between digital content creators and buyers,” Rarible’s announcement said.

CoinFund supports its investment with the view that blockchains and NFTS will enable ownership over digital assets, founder Jake Brukhman wrote in a blog post.

“We can view NFTs as liquid intellectual property (“liquid IP”) [18] for all forms of digital content, a marketplace which is measured in trillions of units that is about to be tokenized,” the blog post said.

Get smarter on DeFi and Web3

Get the 5-minute free newsletter keeping 60K+ crypto innovators in the loop.

No spam. Unsubscribe anytime.

Trending Now

CelsiusWithdrawalsPaused
Celsius Defies Fear of Implosion as Token Soars 218%
SMSOSOM
Solana Labs Has About 10 People Working on Its Saga Mobile Phone
MarketsPump
Crypto Markets Sustain Rally After Monster Rate Hike

Recent Jobs