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NFT startup Genies raised $ 65 million from Coinbase Ventures and Dapper Labs


Genies non-fungible token (NFT) marketplace raised $ 65 million in a Series B funding round. CoinDesk reports.

The investment round was led by venture capital firm Mary Meeker’s Bond Capital with the participation of Coinbase Ventures, Dapper Labs, Polychain, Hashkey and others.

The Genies team will use the raised funds to create an NFT marketplace on the Flow blockchain from Dapper Labs.

The startup allows you to create your own avatar. Users will be able to buy, sell and trade clothing for their own characters. All items will be provided with non-fungible tokens.

Genies co-founder and CEO Jake Adams spoke about the startup’s commitment to helping people who are looking for self-expression in the digital world.

Recall that at the end of March, the OpenSea NFT marketplace raised $ 23 million from Andreessen Horowitz and other investors.

The SuperRare non-fungible token platform has completed a $ 9 million funding round.

In April, NFT marketplace Zora raised $ 8 million from unnamed investors.

Blockchain company Enjin has received $ 18.9 million in investments to create a new platform of non-fungible tokens.

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Fidenge Pecold

My profession is a journalist, but my hobby for 8 years has been studying Forex investing and trading. During this time, I managed to gain extensive experience in investing and trading cryptocurrencies and double my capital in the Forex market. To be the author of this magazine, the site owners invited me to participate in one of the 2020 trading webinars, and I will try to reveal the most relevant crypto market news for you.

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