NFT production company NFT Genius completes $4 million seed round financing »CryptoNinjas
NFT Genius, a digital production company that brings licensing-driven immersive experiences to the world of digital collectibles and music, today announced a $4 million seed round of investment from some of the most famous figures in the digital collectibles and entertainment industry.
Investors include outstanding entrepreneur Mark Cuban, NBA TopShot creator Roham Gharegozlou, super cryptocurrency influencer and founder of Morgan Creek Digital, HOF Capital and Sound Ventures Anthony Pompliano, led by Guy Oseary and Ashton Kutcher.
The company’s goal is to create a one-stop shop for artists looking to create NFTs, buyers looking to purchase digital collectibles, and NFT creators looking to collaborate with the supply and demand aspects of the NFT market. By doing so, NFT Genius will ultimately change the way brands connect and interact with customers, and fundamentally change the world of digital collections and music, one after another meaningful experience.
“NFT allows the preservation, control and consumption of digital content and our digital history fragments at any time, and those with actual value will bring greater importance to users,” CEO Jeremy Born (Jeremy Born) Said. Co-founder of NFT Genius.
“What NFT Genius is doing and others are not doing is creating a vertical destination for interactive experiences and meaningful virtual connections,” said Mark Cuban. “Compared with the phenomenon of fan fiction, sharing artworks through NFT creates a collaborative process between creators and consumers, and makes decentralized technology the new preferred medium for communication and sharing experiences.”
In addition to creating the NFT market, NFT Genius will also use investment funds to expand the scale of internal operations and explore more opportunities for expansion into various vertical fields. Although the main focus of NFT Genius is on the music industry, the company plans to expand to sports, games, comedy, and a broader blockchain protocol ecosystem.
Karl Meier, managing partner and co-founder of NFT Genius, said: “As an artist, I see NFT as a great opportunity for musicians and all creators to find a way to provide a continuous income stream. “In today’s environment, The compensation that artists get for streaming music is terrible-but this is just the beginning of the experience we can provide by combining meaningful experience and collectibility through fan and artist interaction on the NFT platform. “
Although NFT Genius is still in production, the team has begun to take the lead in conceiving and executing experience-driven NFTs through its novel, top 20 gamified NFT collection Bitcoin Origins. This series immortalizes the most important milestone in the history of Bitcoin, starting with the art of NFT, and quickly transforming into a dedicated community and unique experience for players, and has created millions of dollars for the company since its launch in October 2020.
Kurt Braget, CTO and co-founder of NFT Genius, added: “Digital collectibles, in this case, NFT, is the first mainstream product of’cryptocurrency first’ products. This may be cryptocurrency since Bitcoin The biggest victory in history. The amount we can achieve through NFT is exciting, and we can’t wait to share.”
Guy Oseary of Sound Ventures said: “As the NFT boom seems to increase every day, while hitting the cryptocurrency market and the mainstream market, it is difficult for projects to find the best points for them to win among their competitors.” NFT brings interactive experience and practical utility. This is not only a novel concept, but also a big step in the right direction for the entire NFT industry.”