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Mintverse Closes Successful Seed Round of $1.5M

·3 min read

Dubai, UAE--(Newsfile Corp. - November 3, 2021) - Mintverse, a new and improved NFT service platform, closed their seed round raising $1.5 million from private investors. Led by A&T Capital, and other large investment firms including Mirana Ventures, Longling Capital, Genesis Block Ventures, FBG, Fenbushi Capital, Cipholio Ventures, Nebulas, Ceras Ventures, NDG and other individual angel investors, Mintverse aims to be a community-based initiative to provide products and services that explore future use cases of NFTs. It is expected to feature a completely decentralized service platform and incubator for more than just NFT-based projects. Mintverse will use the funds raised to further develop the existing platform and release future product offerings to tackle the current problems faced within the industry. The Mintverse founder was thrilled by the response from a large list of investors and said, "The support we have gained during this round of fundraising has been astounding and we look forward to continuing on our progress in order to better the NFT ecosystem."

Mintverse

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Mintverse is looking to provide their services through a variety of different product offerings tapping into the world of NFTs. At the initial launch of the platform, the Mintverse team will start by leveraging the power of NFT marketplaces and enter the world of GameFi. Empowering both the Ethereum network and Binance Smart Chain the service platform will be able to engage with the masses of NFT creators, collectors and GameFi projects. According to the blueprinted roadmap, Mintverse will eventually tap into further comprehensive product offerings including the anticipated launchpad feature, giving not only NFT and crypto projects the opportunity to raise funds but also sole NFT creators who struggle with the problems of lack of monetary incentives in the industry.

Praised by all private investors during the first round of fundraising, Jasmine Zhang, from A&T Capital was thrilled about their investment into Mintverse and stated "With the ever growing NFT ecosystem, there are visible gaps in the industry. During my conversation with the founder of Mintverse, we saw the vision of their project and the current glaring problems they are working towards solving. The NFT market has a long way to go in terms of growth and creating a clearer understanding to those who are still unsure of its potential and are skeptics of what's to come. We at A&T Capital believe these issues will slowly start to diminish with a platform like Mintverse and are exhilarated to be a part of this journey."

About Mintverse

Mintverse is a service platform, where users can create, discover and collect an array of digital items and NFTs while also being able to crowdfund NFT art, crypto & NFT projects. Mintverse has a vision of mass NFT adoption while further developing existing use cases and exploring future use cases of the NFT data structure. Backed by major investors and partners, Mintverse has the resources to encourage the growth of the NFT community by tackling the current existing problems such as, high gas fees, lack of monetary incentives for creators, and insufficient utility for current NFT assets by implementing a variety of product offerings including but not limited to, NFT marketplace, gaming incubation, launchpad, governance DAO and more.

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Contact
Company: Mintverse
Email: service@mintverse.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/101840