CryptoSlam is a NFT data provider that aims to make it easy for developers to build with non-fungible tokens. The company has raised $9 million in seed funding from Polychain Capital and Collaborative Fund, among others.

The “how to invest in nfts” is a new NFT Data Provider that has raised $9 million in seed funding round. The company is looking to build an ecosystem of crypto-related apps and services.

NFT Data Provider 'CryptoSlam' Raises $9 Million in Seed Funding Round

CryptoSlam, a supplier of NFT data, has secured $9 million in a strategic seed round. Animoca Brands led the oversubscribed round, which was followed by CryptoSlam pre-seed investor Mark Cuban and venture capital company Sound Ventures.

The funds will be used to assist the firm begin its ambitious recruiting strategy, develop the CryptoSlam platform to enable new and current blockchains in the launch of new goods, and support the launch of many new CryptoSlam-branded products.

OKEx Blockdream Ventures, Binance Smart Chain, Polygon, KCRise Fund, PKO Investments, Stocktwits, Forte, Twenty5Twenty, and Red Beard Ventures all participated in the round, as did a lengthy number of notable entrepreneurs like Reid Hoffman of LinkedIn, Mark Pincus of Zynga, and many more.

Randy Wasinger, the CEO and founder of CryptoSlam, has spoken out about the significance of the funding round: “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 alongside it.” As we take this next step ahead, we’re fortunate to have Animoca Brands, Mark Cuban, and a long list of other key investors on board.”

CryptoSlam was established in 2018 with the goal of rating NFT collections and evaluating interest in them across blockchains. The platform’s industry-leading NFT collection ranking system and cross-blockchain interest indicators currently host thousands of users on a daily basis, allowing NFT enthusiasts, speculators, and market observers to do thorough research on NFT market movements.

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