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Cryptocurrency News Articles

NFT Labs Raises $1 Million to Launch Revolutionary Sports NFT Marketplace ITSMYNE

Apr 01, 2024 at 12:02 am

NFT Labs secures $1,062,600 in private funding for its ITSMYNE marketplace. The platform, designed for sports NFT enthusiasts to engage and trade, has attracted investments from notable firms, bringing the total raised to $1.97 million. Through partnerships with renowned organizations, ITSMYNE aims to bridge the gap between traditional social media and blockchain-based communities. An upcoming Initial DEX Offering (IDO) on the CardStarter platform will enable wider access to the MYNE BEP-20 token, empowering users to participate in the ITSMYNE ecosystem.

NFT Labs Raises $1 Million to Launch Revolutionary Sports NFT Marketplace ITSMYNE

NFT Labs Secures $1 Million in Private Funding for Revolutionary Sports NFT Marketplace ITSMYNE

Singapore, November 2, 2021 - NFT Labs, the visionary provider of the ITSMYNE social-plus marketplace for officially licensed sports NFTs, has successfully raised $1,062,600 in a private funding round. This latest investment injection follows a series of successful fundraising milestones, demonstrating the growing momentum behind NFT Labs and its mission to redefine the NFT experience for sports enthusiasts worldwide.

The private funding round was spearheaded by a consortium of notable investors, including Shima Capital, AU21 Capital, OraclesInvestment Group, Kangaroo Capital, BlockStart Ventures, and CyberFi. This strategic investment serves as a testament to the industry-leading capabilities of NFT Labs and the immense growth potential of the ITSMYNE marketplace.

"We are thrilled to have secured the support of such esteemed investors who share our vision for revolutionizing the sports NFT landscape," said a spokesperson from NFT Labs. "This funding will fuel our mission to provide fans with an unparalleled platform to connect, engage, and trade officially licensed digital collectibles."

ITSMYNE distinguishes itself as a game-changer in the NFT industry, offering a dedicated marketplace that empowers users to seamlessly "talk and trade NFTs." The platform's intuitive design caters to the unique needs of NFT enthusiasts, fostering a vibrant social community where users can connect, share insights, and engage in dynamic discussions.

"ITSMYNE is reshaping the NFT landscape by providing a social hub where fans can gather, share their passion, and trade officially licensed sports NFTs," said Aatash Amir, CEO of CardStarter, the platform that will host the upcoming Initial DEX Offering (IDO) for ITSMYNE's MYNE token.

Building on the success of its private funding round, NFT Labs will launch an IDO on the CardStarter platform, offering users an opportunity to acquire MYNE tokens and gain access to the ITSMYNE platform and its ecosystem of partner products. This IDO will ensure a fair distribution of tokens, empowering the community to participate in the growth of the project.

"We believe that the ITSMYNE ecosystem can serve as a bridge between traditional social media and blockchain-based social economies, unlocking new possibilities for fan engagement and community building," Amir added.

The ITSMYNE platform is designed to deliver an unmatched user experience, featuring officially licensed NFTs that are meticulously curated directly from the source. Moreover, the platform's minting process leverages a highly energy-efficient protocol, aligning with NFT Labs' commitment to sustainability.

NFT Labs' strategic partnerships with renowned accelerators, such as Antler Singapore, LonghashX Filefcoin Frontier Accelerator, and HYPE Sports Innovation, further solidify the company's position as a leader in the NFT space. These alliances provide NFT Labs with access to valuable resources, mentorship, and a global network of industry experts.

With the successful completion of the private funding round and the upcoming IDO, NFT Labs and ITSMYNE are poised to make a significant impact on the sports NFT market. The platform's unique blend of social networking, trading, and officially licensed content is expected to captivate sports fans worldwide, empowering them to connect, share their passion, and elevate their NFT experiences.

For more information, please visit https://itsmyne.club/.

About ITSMYNE

ITSMYNE is a revolutionary social-plus marketplace for officially licensed sports NFTs, empowering users to "Talk NFTs, Trade NFTs." The platform's native MYNE token (BEP-20) fuels the ITSMYNE ecosystem and its partner products.

About CardStarter

CardStarter is a leading decentralized platform that empowers projects to raise capital through IDOs. The platform provides a secure and user-friendly environment for investors to participate in early-stage projects with high growth potential.

Contact:

Atharva Sabnis
atharva@itsmyne.club

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Other articles published on Nov 07, 2024