Mintable Raising $13M Proves NFT Market Is Just Getting Started
Mark Cuban’s NFT marketplace Mintable has raised $13 million in a Series A funding round. Despite the 90% market crash, it seems the NFT market is still going strong. Mintable Raises $13 Million Mintable is an Ethereum-based NFT marketplace, backed by the billionaire investor Mark Cuban. The platform has raised $13 million in a Series […]
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The Mark Cuban-backed non-fungible token (NFT) marketplace Mintable has raised $13 million in a Series A funding round, according to an announcement on Thursday. The Singapore-headquartered Mintable, plans to use the funds to expand its offerings, as the application already features 700,000 NFTs minted on the Mintable platform. NFT Marketplace Mintable Raises $13 Million On July 1, 2021, the NFT marketplace Mintable announced that it had raised $13 million in a Series A financing round. Investment stemmed from well known investors like Metapurse, Ripple Labs, Animoca Brands, Metakovan,....
Zach Burks said that his goal was to collect ETH and never sell until he can afford a mega yacht. While other traders may be quick to take profits once they see gains, some are willing to hold on to their digital assets until they can pursue bigger goals, like a “mega yacht.” In a Twitter thread, Mintable founder Zach Burks shared how he found Web3 and went from being broke and jobless to founding a nonfungible token (NFT) marketplace. According to Burks, he found Bitcoin (BTC) when it was just trading at $5.50 at the now defunct crypto exchange Mt. Gox in 2012. Since then, Burks went on....
By integrating Immutable X's technology into its marketplace, Mintable hopes to tackle gas and scaling limitations for NFT traders. Mintable marketplace announced its partnership with Immutable X, a StarkWare-based layer-two solution for nonfungible tokens (NFTs) on Ethereum, to make over 24 million NFTs on Immutable X available for sale on Mintable. This integration will enable users to deposit ETH and ERC-20 tokens with instant confirmation and no gas fees.According to Mintable’s Twitter thread, Mintable and Immutable X share a vision to scale NFT marketplaces by offering access to NFTs....
The NFT marketplace plans to integrate Ripple’s XRP Ledger blockchain. An oversubscribed funding round has netted the Mintable nonfungible token (NFT) minting platform and marketplace a cool $13 million.The Series A funding round for the Singapore-based startup included some big name participants including Ripple, mobile and blockchain gaming developer Animoca Brands, and Metapurse, the world’s largest NFT investment fund.Ripple put out an announcement stating that Mintable plans to integrate the firm’s own blockchain, XRP Ledger (XRPL) which it says is already carbon neutrale and is....
Mintable will be hosting the high-priced auction alongside more approachable pieces An early 20th century master who boasts a permanent installation at the Museum of Modern Art is about to get new life on the blockchain. In collaboration with NFT marketplace Mintable, the family of Wladimir Baranoff-Rossine will be releasing a collection of the esteemed Cubo-Futurist’s work. There will be a number of paintings digitized as 1000-print drops, three digitized NFT piece auctions, and one hybrid NFT/physical painting auction set to send the highest bidder both a physical Baranoff-Rossine....