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January 20, 2022
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NFT Analytics Platform Cryptoslam Raises $9M From Animoca Brands, Mark Cuban, Sound Ventures – Finance Bitcoin News

On Wednesday, the non-fungible token (NFT) information and analytics platform Cryptoslam raised $9 million in a capital funding spherical led by Animoca Brands. Cryptoslam detailed that Mark Cuban participated within the financing and Ashton Kutcher’s and Guy Oseary’s Sound Ventures joined in as nicely.

Cryptoslam Reveals $9 Million Capital Raise, Animoca Brands Leads Investment

Non-fungible tokens (NFTs) have turn out to be an enormous deal and a billion-dollar trade for the reason that increase began final yr. On January 5, 2022, the NFT-centric information and analytics platform Cryptoslam revealed the corporate raised $9 million from strategic traders. According to the announcement, Animoca Brands led Cryptoslam’s capital elevate, however Mark Cuban and Sound Ventures additionally participated. The aforementioned traders have been investing an excessive amount of funds into NFT tasks and blockchain startups.

NFT Analytics Platform Cryptoslam Raises $9M From Animoca Brands, Mark Cuban, Sound Ventures
Screenshot of the Cryptoslam web site on January 6, 2022.

For occasion, on the finish of November, the NFT protocol Unicly raised $10 million from Animoca Brands and Blockchain Capital. Cryptoslam’s founder and CEO, Randy Wasinger, stated the corporate was thrilled to get traders like Animoca Brands and Mark Cuban onboard. Wasinger additionally insists that NFTs should not going wherever any time quickly, because the blockchain development is right here for good, the Cryptoslam founder opined.

“NFTs entered the mainstream this past year and are here to stay,” Wasinger stated in an announcement following the capital elevate. “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.”

Co-Founder of Animoca Brands: ‘Cross-Chain Aggregation and Analysis of NFT Data Are Services Essential’

The well-known investor and billionaire Mark Cuban is a fan of NFT know-how and owns a valuable collection. In reality, Cuban owns Cryptopunk #869 that presently has a valuation of round 126.58 ether or $432K, in keeping with today’s metrics. Furthermore, Cuban additionally owns Bored Ape Yacht Club (BAYC) #1597, which has a flooring worth of 67.89 ether or $232K on the time of writing. Cryptoslam says its NFT assortment rankings are acknowledged as a “leading cross-blockchain indicator of interest in NFT collections, much like Coinmarketcap is for cryptocurrencies.”

Yat Siu, the manager chairman and co-founder of Animoca Brands agrees with Cryptoslam and says {that a} dependable cross-blockchain indicator within the trade is required. “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,” Siu remarked throughout the announcement.

There are numerous cross-chain aggregation rivals and NFT metrics suppliers lately, as NFT information has turn out to be very fashionable. Users and spectators are getting their NFT information and analytics from suppliers like Dune Analytics, Defillama, Dappradar, Nonfungible.com, and extra.

Tags on this story
$9 million, Animoca Brands, Ashton Kutcher, BAYC #1597, Capital elevate, cross-blockchain indicator, Cross-chain aggregation, Cryptopunk #869, Cryptoslam, cryptoslam.io, dappradar, Defillama, Dune Analytics, Guy Oseary, Mark Cuban, nft, NFT information, NFT information suppliers, NFT trade, NFTs, Non-fungible Token, nonfungible.com, Randy Wasinger, Sound Ventures

What do you consider Cryptoslam elevating $9 million from strategic traders? Let us know what you consider this topic within the feedback part under.

Jamie Redman

Jamie Redman is the News Lead at Bitcoin.com News and a monetary tech journalist residing in Florida. Redman has been an lively member of the cryptocurrency neighborhood since 2011. He has a ardour for Bitcoin, open-source code, and decentralized purposes. Since September 2015, Redman has written greater than 5,000 articles for Bitcoin.com News concerning the disruptive protocols rising at present.

Image Credits: Shutterstock, Pixabay, Wiki Commons, Cryptoslam.io

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