This is the case for Ubisoft, which created its own NFT market called Quartz. Traditional gaming companies are also experimenting with adding NFT support to their products. While some still criticize the validity of these tools, there is a sizable market behind them, with one of the main NFT markets, Opensea, having crossed the $20 billion all-time sales mark last month. Rarify’s new funding round is the product of the growth of the NFT market and the applicability of NFTs in several industries, including art and gaming. He further explained that Rarify’s solutions could “make NFTs accessible to companies and, by extension, consumers at large.” Fueled by NFT Growth Rarify removes the biggest hurdles companies face when introducing NFTs to their existing products. Pantera partner Paul Veradittakit stated: The company will use the funds raised in the funding round to start hiring more aggressively and launch NFT products with corporate partners. Rarify aims to simplify the whole process of creating and selling NFTs in the same way that “Square made it super easy to accept payments,” according to statements given by its co-founder Revas Tsivtsivadze. The round, which led Rarify to reach a valuation of $100 million, was led by Pantera Capital with the participation of other companies, including Eniac Ventures, Greycroft, Hyper, and Slow Ventures. Rarify, a company that deals with producing infrastructure for third parties to integrate NFT services, has raised $10 million in its recent Series A funding round. Rarify Raises $10 Million, Plans Expansion The company has now reached a reported valuation of $100 billion amidst the rise in popularity NFTs are experiencing in different fields including gaming and metaverse applications. The round was led by Pantera Capital, a leading cryptocurrency-based venture capital firm. ![]() Rarify, a startup that helps third parties include NFT elements in their tech platforms, has raised $10 million in its Series A funding round. The company has now reached a reported valuation of $100 billion amidst the rise in popularity NFTs are Most of the products the company is developing are aimed at new entrants to the industry and are intended to lower the barrier to entry.Rarify, a startup that helps third parties include NFT elements in their tech platforms, has raised $10 million in its Series A funding round. The company is also developing a data API that can track NFTs across multiple blockchains, verify a user’s NFT profile picture, and assess the value of specific NFTs. The company is working on a service that can make minting and selling digital assets a breeze for industries such as entertainment, music, apps and games. ![]() Rarify currently offers NFT embedding services that enable website, marketplace, and merchant platform operators to integrate simple NFT buying and selling capabilities. The company provides infrastructure to help companies integrate non-fungible tokens (NFTs) into their platforms. Rarify was founded in 2021 and is based in Manhattan. We’re excited to partner with the Rarify team to accelerate their growth trajectory and make NFTs accessible to companies and, by extension, consumers at large.” What is Rarify? “Rarify removes the biggest hurdles companies face when introducing NFTs to their existing products. Paul Veradittakit, a partner at Pantera, also gives an idea of what he thinks of Rarify. Rarify plans to use the funding to hire more employees and launch products with enterprise partners. ![]() The company had previously raised $2 million in seed funding, with participation from Pareto, Eniac Ventures, Greycroft, Scott Belsky and Protocol Labs, among others. The funding round was led by Pantera Capital, with Slow Ventures, Eniac Ventures, Greycroft and Hyper also participating. NFT infrastructure provider Rarify has raised $10 million in Series A funding at a $100 million valuation.
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