Artistic NFT platform fxhash completed a $5 million seed round of financing, with 1kx leading the investment.

BlockBeats news, on August 8th, according to The Block, fxhash, a platform for generating art NFTs, completed a $5 million seed round of financing, led by 1kx, with participation from Fabric Ventures, Bright Opportunities DAO, Union Square Ventures, Tezos Foundation, Tane Labs, Daedalus, Everyrealm, PunkDAO, KRPDM, Casey Reas, Thefunnguys, Lemonde2d and Gus Lee. Fxhash will use the funds to expand its team and prepare for major platform upgrades in the next six months.