The music NFT trading platform Muverse has completed a $6 million seed round of financing, with participation from Syndicate Capital and others

2023-03-30 08:45:24

Collection

ChainCatcher news, music NFT trading platform Muverse announced the completion of a $6 million seed round financing, with participation from early investors Syndicate Capital, Knights Templar Capital, Zonff Partners, AvatarDAO, Sun Artland Ltd, and BN Blue Fox Limited.

The funds from this financing will be used to expand the platform's features and services, accelerate user acquisition, and enhance user experience. The platform is developing its second phase of products, which will include a music NFT exchange, NFT fragmentation features, and AMM pools for its F-NFT / MCT trading.

Muverse is a platform that enables the free trading of music NFTs globally, allowing music artists, investors, and fans from around the world to participate in frictionless transactions. The platform offers users a rich, gamified interaction, investment, and revenue scenarios, including a rhythm game that incorporates a revenue model and an NFT exchange that provides ample liquidity for users. (Source link)

Related tags

NFT Muverse investment and financing

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.