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
Mars House
Mars House is the first NFT digital house in the world. Upon purchase of Mars House NFT, 3D files will be sent to the new owner by Krista Kim Studio Inc. for file upload to the owner’s Metaverse. Technical support for Mars House integration on Metaverse is provided. (Architectural Digest, March 14, 2021) “Kim ventured into NFTs while exploring meditative design during quarantine; her hope was to use the influx of digital life as an opportunity to promote wellbeing. Comprised entirely of light, the visual effects of her crypto-home are meant to omit a zen, healing atmosphere. The artist also partnered with musician Jeff Schroeder of The Smashing Pumpkins to create a calming musical accompaniment. So what makes the file a compelling purchase? Beyond the promise of buying into the lucrative NFT market, the home and all of the furniture in it can be built in real life by glass furniture-makers in Italy, as well as through MicroLED screen technology. Kim also has a strong visions the art being projected, as well. “Everyone should install an LED wall in their house for NFT art.” says the artist. “ This is the future, and Mars House demonstrates the beauty of that possibility.” The owner is in agreement to the following terms and conditions upon purchase of Mars House (hereby referred to as Mars House NFT): The collector agrees to own one copy of Mars House NFT on a single Metaverse platform. The collector is required to register Mars House NFT ownership with Krista Kim Studio Inc. Krista Kim Studio Inc. will provide technical support to upload and integrate Mars House NFT on a Metaverse platform. If/when Mars House is resold, the collector is required to delete all Mars House NFT 3D file(s) from his/her Metaverse, and provide verification of deletion to Krista Kim Studio Inc. before new 3D files are transferred to the new owner by the artist. The new owner is required to register Mars House NFT ownership with Krista Kim Studio Inc. Krista Kim Studio will send Mars House NFT 3D files directly to the new owner and provide support for Metaverse integration. This verified ownership transfer system will be appointed to Krista Kim Studio Inc. trusteeship, after 40 years of the date of the sale. Krista Kim Studio Inc. retains ownership of Mars House NFT copyright. All rights reserved. All reproductions of Mars House (NFT) in both digital and physical formats, are restricted. Mars House NFT physical furniture pieces, made of tempered printed glass in Italy, may be commissioned by the collector as NFT physical pieces.
Parrot on a perch with two other ornamental birds
Katsushika Hokusai (1760-1849) Parrot on a perch with two other ornamental birds 1797-1806 - Japan
HaCKittieZ
Who will be the most Meowfool of the Meowfoolest?! 6 HaCKittieZ are fighting for the crown of madness! It is time for crowns to change their history: people, this is the crown of insanity we are talking about. So tell us, who is insaner than the insanest of collectors? Only the artists - the creators - would know, while crowning the one who is brave enough to play with the craziest possibilities of Async programmable art, on these 6 HaCKittieZ. Welcome to the feast of fools. HaCKittieZ is a collaboration of Hackatao, CryptoKitties and Async. The 6 KittieZ are a reinterpretation by Hackatao of the CryptoKitties’ classic elements, following their own style and getting inspiration from their own art pieces.
025 [Silver Edition]
From the original 151 monsters we know today, we thought - what would they actually look like if they were humanized? They are massive. They are muscular. They are ugly. They are Pokémen. Watch out for the entire Pokémen collection coming out in Binance. Collect 'em all!
Michael Jordan - Crown Collection
“All you needed was one little match to start that whole fire.”- Michael Jordan. In regards to both the action on the court and everything that happened off of it, Jordan provided a spark that changed the future in so many different ways throughout his tenure in Chicago, and even decades after the fact. And, in the end, he got everything that he wanted when he began his NBA journey: he turned the team and organization as a whole into a respected program, like the dynasties he looked up to as a child. Having steered the Chicago Bulls to an incredible six championship rings in eight years from 1991-1998, scooping up five MVP awards in the process, Jordan is one of just a handful of superstars who have truly transcended their sports. Jordan and Scottie Pippen’s (right) relationship both on and off the pitch was arguably the foundation of the Bulls’ incredible success. Scottie Pippen was present with Jordan for all six championships in eight seasons. Dennis Rodman (left) His relentless and smart play perfectly suited what Jordan and Jackson wanted to do to take the Bulls to greater heights. Although his exploits off the court earned him special fame, Rodman was unquestionably one of the greatest basketball players of his generation and one of the finest defensive players in the history of the game.