Cryptoslam a non-fungible token (NFT) data and analytics startup recently raised $9 million in a capital funding round led by Animoca Brands.
The startup mentioned that American billionaire, Mark Cuban participated in the funding round alongside Guy Oseary of Sound Ventures. Both investors have been pouring funds into blockchain startups and NFTs projects lately.
In recent times, Non-fungible tokens (NFTs) have been making rounds, thus Cryptoslam hasn’t been left out of the billion-dollar industry.
Sometime in November in 2021, NFT protocol Unicly also secured $10 million from Animoca Brands.
Randy Wasinger, Founder and CEO of Cryptoplasm said that the company was excited about getting Animoca Brands and Mark Cuban.
The founder stressed that NFTs are staying for a long time, while indicating that the new blockchain trend is here permanently.
“Since 2018, we’ve been laying the groundwork to provide ultimate transparency for the NFT industry, and this strategic capital raise marks a key milestone for us as we continue to grow along with it. We’re blessed to have Animoca Brands, Mark Cuban and an incredible list of other strategic investors aligned with us as we take this next step forward.”, Wasinger noted.
Cuban is renowned for his NFT collection which includes Cryptopunk #869 that has a valuation amounting to $432K. In addition, the American billionaire also owns Bored Ape Yacht Club (BAYC) #1597 with a valuation of around $232K.
According to Cryptoplasm, its NFT collection is the “leading cross-blockchain indicator of interest in NFT collections, much like Coinmarketcap is for cryptocurrencies.”
Adding his comments, Yat Siu, Chairman and Co-founder of Animoca Brands said, “Cross-chain aggregation and analysis of NFT data are services essential to the development of the open metaverse, and Cryptoslam has clearly established itself as a leader in this area. We’re thrilled to support this talented team,”.
As NFT data become more prominent, the use cases of NFT metrics providers and cross-chain aggregation competitors are increasing.
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