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NFT data provider CryptoSlam has raised $9 Million in a strategic seed funding round. The oversubscribed round was led by industry giant Animoca Brands, followed by CryptoSlam pre-seed investors Mark Cuban and venture capitalist firm, Sound Ventures.
The investments will be used to help launch the company’s aggressive hiring plan, expand the CryptoSlam platform to support new and existing blockchains in launching new products, and to support the launch of several new products under the CryptoSlam brand.
In addition to its key investors, OKEx Blockdream Ventures, Binance Smart Chain, Polygon, KCRise Fund, PKO Investments, Stocktwits, Forte, Twenty5Twenty, and Red Beard Ventures also joined the round, as well as long list of prominent founders such as Reid Hoffman of LinkedIn, Mark Pincus of Zynga, and many more.
CEO and founder of CryptoSlam, Randy Wasinger, has been vocal about what the investment round means to the company: “Since 2018, we’ve been laying the groundwork to provide ultimate transparency for the NFT industry, and this strategic capital raise marks a key milestone for us as we continue to grow along with it. We’re blessed to have Animoca Brands, Mark Cuban and an incredible list of other strategic investors aligned with us as we take this next step forward.”
CryptoSlam was founded in 2018, with the idea of ranking NFT collections and gauging interest in NFT collections across blockchains. After a very successful inceptive 3 years, the platforms’ industry leading NFT collection ranking system and cross-blockchain interest indicators now hosts thousands of users on a daily basis, giving NFT enthusiasts, speculators, and market watchers the ability to conduct deep analysis on NFT market trends.
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*All investment/financial opinions expressed by NFT Plazas are from the personal research and experience of our site moderators and are intended as educational material only. Individuals are required to fully research any product prior to making any kind of investment.
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