The London-based Web3 startup Verse has achieved a funding milestone of $2.4 million to build a dedicated NFT platform aimed at supporting both artists and newcomers in the crypto space.
Verse, an innovative London-based Web3 startup, has secured $2.4 million to create a platform that facilitates the connection between artists and collectors while making NFT purchases more straightforward. Their goal is to help a broader audience engage with NFTs and showcase 'the artistic masterpieces of tomorrow.' Furthermore, Verse intends to guide those new to NFTs in making purchases while steering clear of potential scams and fraudulent schemes. mission NFTs have opened up a world of opportunities for artists, allowing them to monetize their creations more easily and attain greater autonomy. However, for those less tech-savvy or unacquainted with the cryptocurrency realm, digital collectibles can be quite confusing, and many NFT platforms often lack user-friendly features and clear guidance on how artists can mint NFTs.
Verse's team boasts significant expertise in the art industry, having previously curated exhibitions featuring works from iconic artists like Picasso, Warhol, and Monet, with nearly a decade of experience at the prestigious Tate gallery. One of the team members was instrumental in founding a company that catered to high-profile clients such as Christie’s, Gagosian, and Hauser & Wirth.
The intention behind this platform is to simplify the NFT purchasing process, aiming to make it as effortless as shopping on Amazon while providing a trustworthy digital environment for artists looking to sell their creations. Additionally, the Web3 agency will accept both cryptocurrency and traditional payment methods for its digital offerings.
Business Insider wrote Augustinas Malinauskas, co-founder and CTO of Verse, mentioned to Insider, \"We wanted to design a platform that my mom could use to buy NFTs. Our aim is to empower both crypto enthusiasts deeply familiar with the space and those who may feel intimidated or haven't had the opportunity to fully engage yet.\"
According to the official website, Verse is committed to achieving carbon neutrality and has established a plan to
The NFT-focused startup attracted initial investment from angel backers, including notable figures such as Paul Forster, founder of Indeed.com, Ben Stephenson, CEO of Impala, and Michael Daffey, CEO of Galaxy Digital, among others. plan to achieve zero carbon emissions.
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