MakersPlace NFT marketplace confirms investment from Sony Music and Eminem, among others, with $30million raised from the latest funding round.
The San Francisco startup also has financial backing from Bessemer Venture Partners and Pantera Capita. Uncork Capital, Draper Dragon Digital Assets and 9Yards Capital are listed, too. As are Coinbase Ventures.
Meanwhile, strategic investors include music heads Eminem, Paul Rosenberg, and 3LAU. Of course, the arts community is in on the action as well. Backing from Acquavella Galleries, Sabrina Hahn, and Bill Ruprecht is confirmed. Eric Baker, Julia and Kevin Hartz, Vinny Lingham, and Tobias Lütk have also seized the opportunity, all of who come from the tech scene.
About the MakersPlace NFT marketplace
MakersPlace user numbers grew tenfold in 2021, and the platform has facilitated over $100million in transactions this year. Remarkably, Beeple’s ‘Everydays: The First 5000 Days’ accounted for $69million alone. The auction broke all previous records.
Prior to the new investment, MakersPlace already secured $2million in funding. It was founded by Dannie Chu, Yash Nelapati (both ex-Pinterest), and Ryoma Ito.
“We see this fundraise as continued validation for our mission,” Chu said in statement on the MakersPlace website. “We will continue to push boundaries and empower digital creators with better tools and services, while finding more ways to introduce digital art and NFTs to a mainstream collector audience.”
Other NFT Marketplaces
All things considered, the number of NFT marketplaces is increasing exponentially. You can find marketplaces for every category of token you could think of. For example, entertainment, historic moments, or sports. This means there is a platform for you, no matter the type of NFTs you want to collect.
In terms of specific examples, starting with the most controversial, RarePorn is a big one for adult content. However, it’s important to note this is certainly not the only option. Meanwhile, YAAAS is centred on music, as is OneOf, which uses the Tezos blockchain for lower costs and environmental impact.
Elsewhere, NBA Top Shot is a leading platform for sports-related collectibles. But, as y0u probably guessed, it’s for basketball fans only. We recommend brushing up on the options by way of our long reads. Take a look at our feature on how to choose the best NFT art marketplace for more.
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This article is educational material.
As always, make your own research prior to making any kind of investment.