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