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
अर्धनारीश्वर (Ardhanarishvara)
Eastern philosophy, especially Hinduism is a myriad cauldron of schools and thoughts and I get confused and confounded - mostly because it requires years of reading and understanding. Purusha - represented in the male form represents "Pure Consciousness" Prakriti - represented in the female form represents "The Primary Substance" When you bring them together, a representation of pure consciousness within the original form is what we are in essence. The passive force (Purusha) and the active force (Prakriti) are intertwined, inseparable and represent the non-duality of the supreme being - both father and mother, both aloof and active, both fearsome and gentle, both destructive and constructive - thereby speaking to the unification of all that is opposite and contrasting to represent a whole. Ardhanarishvara reconciles and harmonizes the two conflicting ways of life: the spiritual way of the ascetic as represented by Shiva, and the materialistic way of the householder as symbolized by Parvati. It also represents the presence of both in each being. Every human within them contains Shiva and Parvati in varying degrees. There exists a spectrum between the binaries of males and females, and that spectrum is where we find balance in life. Collaboration : Indrani Mitra imagined Parvati and Vishesh Chopra crafted Shiva
#10134
By OthersideDeployer
CryptoPunk 9998
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soft body spline & hair simulations in cinema 4d
Genesis
José Delbo sent me his striking pencil sketch and powerful inked work, which I then interpreted in oil on canvas. I wanted to create a very painterly piece with obvious brush marks etc, but I was also aiming for a nostalgic feel, a kind of 1980’s superhero comic book look, the kind I grew up with. My goal with this animation was to try to recreate, in part, the creative process that both artists went through with the visual information I had. I was able to showcase my painting process more accurately as I could take photographs of my progress throughout. Consecutive images could then be layered like brush strokes over José’s drawing to create the impression that this was one continuous artwork from pencil, to ink, to completed painting. The representation of the line sketch at the beginning, then pencil/ink and lastly the paint layers being applied demonstrate both artists’ struggle for the right lines, tone, form, and colour until the work is finally completed. As the oil was still wet with each photograph the glare of my studio lights can be seen in the brush strokes. Eventually, the figure emerges and as it does, our hero comes to life, looking directly at the viewer -- but is he grimacing in approval or disgust? We will never know for sure as just before he can say anything, white paint is brushed across the canvas entirely and the process begins again. Only the bat is quick enough to escape.