02/07/2021 Mark Cuban Backed NFT Platform Mintable Raises $13M

Mintable’s Series A funding round raises $13 million, with participation by Ripple Labs and Metapurse among others. 

Singapore-based non-fungible token (NFT) platform Mintable has successfully raised $13 million in Series A funding. The platform, which is one of Mark Cuban’s many crypto-related investments, is designed for the minting and trading of NFTs. Mintable is built on the Ethereum blockchain and also provides support for Zilliqa. It offers users gas-free minting which allows creators to develop NFTs without the financial burden standing in the way of many. The platform has minted around 700,00 items for sale, with most selling for between $10,000 and $50,000. Some exclusive NFTs have gone in the $500,000 range with Mintable’s biggest sale to date at $2 million. 

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Funds to be used for scaling operations

The funds raised in the Series A round will be used to develop new products and make the process of purchasing and selling NFTs easier. The goal is to make the NFTs a more palatable investment for the general population.  

By simplifying the purchase process of NFTs, Mintable hopes to bring them into everyday life. CEO and Founder of Mintable Zach Burks said “As technology continues to mature and the space rapidly evolves, this is a critical company milestone for Mintable and we are thankful for the support from our investors who hold the same shared belief of the many opportunities that NFTs can bring among mainstream users.”

Mintable is looking to not only expand its reach into the mainstream market, it also is expanding its current team of 14 employees to more than 30 by the end of 2021. 

The round saw participation from a number of companies including Animoca Brands, Metapure, and Ripple. Individual investments came from Doug, Jon Oringer, and John Kim. A statement from Ripple about the partnership said “As tokenization launches into the mainstream, we believe the ability to digitally sign an asset, sell it on a blockchain, and receive real income from its subsequent sales will create the tipping point for widespread crypto adoption.”

This series of funding is the latest in Mintable’s 2021 wins and sees more support from high-profile investors. Earlier this year, Mintable was invested in by big names such as Mark Cuban and Guy Oseary. Sound Ventures, owned by Ashton Kutcher, TIME Ventures, Crypto.com, and LongHas Ventures are among just a few of the other investors Mintable have brought on in 2021.

Arts

https://beincrypto.com/mark-cuban-backed-nft-platform-mintable-raises-13m/

Interesting NFTs
Classical Collage
voronoi fun with some well known art
The Harvest
An anthropomorphic figure stands, wide eyed, staring at the viewer; its body masculine, muscular, and humanoid. Its “mind” dissociates into a conglomerate of structures resembling feathers, grain, teeth–as well as a radial flower “node”, casting linear rays throughout the composition. To his left, a vat of bodies gesture and writhe in a kind of amniotic soup, attended by a video game robot. The bot's red display reads “uWu”. Behind the robot and filling the left side of the composition is an archaic figure composed of a variety of vintage objects and symbols. Among them are a hardbound book with ancient cuneiform scripts, indicating barley, beer, bread, ox, house, and sky, behind which is a grimacing, salivating jagged toothed maw; and an old Commodore floppy drive. The figure’s head tilts toward an illuminated crescent moon, suggesting the Egyptian Sacred Bull. The archaic figure is composed of a variety of mutating cells, which shift in color, and pattern; eventually breaking free into an ephemeral broadcast of bubbles which move across the background. The work came into being against a psychological introspection, which included associations to pop culture such as alien abduction and pod people, as well as quite a bit of reflection on grains as a symbol of civilization, agriculture, sustenance, life, and imbibing (mainly whiskies).
/ TWO BLINDFOLDED EYES /
Trust your Intuition, two blindfolded eyes look much clearer than a blind mind.
Ringers #109
Art Blocks is a first of its kind platform focused on genuinely programmable on demand generative content that is stored immutably on the Ethereum Blockchain. You pick a style that you like, pay for the work, and a randomly generated version of the content is created by an algorithm and sent to your Ethereum account. The resulting piece might be a static image, 3D model, or an interactive experience. Each output is different and there are endless possibilities for the types of content that can be created on the platform.
Block Chain Dungeon
Once upon a time... a little boy named Leo loved to paint, draw and experiment. He also loved to play with blocks and chains, which drew him again and again into the rooms of his friends Michel and Angelo. Often they also met in virtual rooms of Cryptovoxels, Decentraland, Somnium Space or Sandbox to create new inventions, read books about new technologies, or just swing the brushes. But on this day something gigantic happened. A good friend of Leo came to visit and brought his girlfriend Mona, who wanted a piece of Leo's art on her skin. This was the birth of the NFT's, as Leo developed Non Fungible Tattoos in the Block Chain Dungeon of Michel and Angelo. From that day on people from all over the world came to get NFT's from Leo or one of his students, like "Skeenee the rat", who controls the NFT machine with his laptop. A new age began.