NFT social platform Metalink completed $6 million seed round financing

On March 15th, NFT’s portfolio management and social platform Metalink completed a $6 million seed round financing, with Guy Oseary, Gary Vaynerchuk, MoonPay CEO Ivan Soto Wright, The Sandbox founder Sebastien Borget, former Coinbase CTO Balaji Srinivasan, DJ Justin Blau, Social Capital, Arrington Capital, Sound Ventures, Gemini Frontier Fund BallerVC, the venture capital division of Dapper Labs, and Human Ventures of Genies participated in the investment.

Interpretation of this information:

On March 15th, Metalink, a portfolio management and social platform for non-fungible tokens (NFTs) announced the successful completion of a $6 million seed round financing. The investment was led by several influential figures in the entertainment industry, including Guy Oseary and DJ Justin Blau. Other notable investors in the funding round included Gary Vaynerchuk, MoonPay CEO Ivan Soto Wright, The Sandbox founder Sebastien Borget, and former Coinbase CTO Balaji Srinivasan.

Metalink has already gained a reputation as one of the most promising new platforms for managing NFT portfolios. Its innovative approach involves creating a social network for NFT owners where they can discuss and exchange their digital assets. The platform also provides tools for managing NFTs, including an analytics dashboard and automated bidding tools.

The recent investment will allow Metalink to continue developing its platform and expand its user base. The company is planning to use the funding to hire more developers and marketing specialists and to launch new features on its platform, such as an NFT marketplace.

The success of Metalink’s seed round financing is a sign of the growing interest in NFTs among both investors and the general public. NFTs have gained widespread attention in recent months thanks to their use in a variety of high-profile transactions, including the sale of a digital artwork by Beeple for $69 million at a Christie’s auction.

NFTs have also been used in the music industry, with several artists releasing limited-edition NFTs to their fans. Metalink’s platform offers a unique opportunity for the music industry to further explore the potential of NFTs by creating a space where artists and fans can connect and exchange digital assets.

In conclusion, Metalink’s successful seed round financing demonstrates the growing interest in NFTs and their potential as a new asset class. The investment will allow the company to continue developing its platform and expand its user base, providing a unique opportunity for NFT owners to connect and interact with each other.