NFT Platform Pixel Vault has raised $100M in Funding Round
Bengaluru, February 3, 2022: The two venture capital firms led by operators, invested $100 million in the firm, a vast non fungible token collection of superheroes, would jointly Vault Incorporated is a renamed multiple franchise company. non fungible token (NFT) entertainment corporation.
It’s new endeavour seeks to make advantage of NFTs as well as to convey proprietary information tales in a variety of methods of virtual currencies societies, like television, film, including video games, as per the company.
About Pixel Vault
Pixel Vault creates websites for audiovisual companies. But they go a step further; and also offer hosting, digital marketing, and the day-to-day assistance that their AV clients require. Consider us an extension of your company, operating tirelessly to bring you new leads and sales. It’s what we’re good at. It’s all they know how to do.
Pixel Vault offers full website solutions, including hosting and management. You can charge per work, but most integrators retain it on retainer to host as well as administer their websites. Hosting, updates, page changes, daily back-ups, performance, security, and many more are all handled by them.
Pixel Vault was formed in May 2021 by Sean Gearin, also referred the GFunk, this same firm’s creator and CEO. He asserted in a speech stated civic engagement, decentralised management, including fully digitized property seem to be at the core of all Pixel Vault initiatives, and therefore that “customers are perhaps the proprietor including the creator.”
According to the corporation, the funds will be used to contribute to the development of initiatives in television, film, as well as video games. In main and secondary trades, Pixel Vault says it has generated about 100,000 ether ($286 million depending on ether’s current market price).
The sponsors of Pixel Vault also were local residents who already own tokens. Tom Brady’s NFT platform, Fingerprint, earned a 25 M USD A Series investment between 01A as well as Velvet Sea Investments last year.
In a LinkedIn article, Michael Lazerow, detailed the Pixel Vault story as well as discussed the organization’s ultimate goals.
As part of an agreement, Lazerow will join the Pixel Vault executive board alongside GFunk and corporate attorney Jacob Wittman, whilst 01A’s Adam Bain could function as nothing more than a board watcher and advisor. The one and only Pixel Vault shareholders have already been GFunk, his team, and the major shareholders.