ALL.ART is excited to announce that The company has successfully closed a private funding round of $4.5 million to build the infrastructure needed for integrating the next generation of NFTS into metaverses. The funding round was led by Delphi Ventures. Other investors include Solidity Ventures, Solana Ventures, Huobi Ventures, SolarEcoFund, SkyVison Capital, NGC, Infinity Ventures Crypto, CoinUnited, Ausvic Capital, Prometheus Labs, GSR, Banter Capital, Ox Ventures, Solanium, Wave7, SMO Capital, Bitcoin Addict, Octopus Crypto Capital, Spark Digital Capital, Legion Ventures, Paribus, Alves Ventures and 1010 Capital.
We have seen innovation in the NFT industry and an increasing number of creators adopting new business models in the past month. An active community is being formed from these initiatives to encourage creativity and are not afraid to get involved and experiment. ALL.ART wants to help accelerate this innovation and use the funds raised to develop the protocol and expand the ecosystem. next round We will also be developing additional products such as the open market NFT ‘SolSea’ and the virtual exhibition platform ‘VR-All-Art’, creating the perfect foundation for collectors and creators to enter the metaverses.
Jeremy Parris from Delphi Digital shares his thoughts on the project.
“The ALL.ART Protocol consists of an experienced team with the vision and expertise to start an ecosystem. to unlock a new wave of innovation in the Solana community through SolSea and their recommended NFT-PRO standards. They will bring more benefits and innovations to all creators. This will help pave the way for the Metaverse. They are positioning themselves as leaders in the NFT space.”
As more and more people realize the potential of digital ownership. We expect to see increased demand for larger infrastructure. to address a wide range of metadata and protocol requirements across industries, including everything from music, film, gaming, sports to traditional art and museums. Digital ownership will be a key component of fully immersing yourself in metaverses, where everyone will be able to own, share, and trade digital items for NFTs. The ALL.ART Protocol is building an infrastructure layer on top of the Metaplex NFT standard to handle next-level metadata requirements to meet demand.
ALL.ART is a growing universe of standards, protocols, projects and applications. This will significantly improve the way users create and interact with NFTs. which helps stakeholders transform their businesses. We started with the NFT-PRO standard, including licenses for NFT, and launched a new coin generation on SolSea, our open NFT marketplace on the Solana blockchain, among other products of the ALL ecosystem. ART is VR-All-Art, a platform that allows users to enter the metaverse of virtual galleries and museums with avatars and purchase NFTs in virtual exhibitions. Next, we are developing a new liquidity protocol for NFT that gives creators even more power.
Another important step for the ecosystem is a partnership with the Metaplex Foundation. ALL.ART is building the infrastructure and expanding the existing NFT standards on Solana with upgraded metadata and ontology. This partnership lays the foundation for the long-term use of NFTs on Solana through licenses that govern the transfer of ownership. intellectual property rights, etc.
We would like to thank our investors and advisors for their continued support in our mission. To transform the world we know with NFTs, to symbolize the upcoming expansion of ALL.ART, we’ve updated our identities to align with our vision. As a foundation for the next wave of collectors and creators from various sectors and niche groups to enter the NFT space, our goal is to create an architecture for future builders to create new industry pillars.
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