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Pantera Partner: What are the features of The NFT platform That just completed financing, MakersPlace?

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MakersPlace, which just closed a $30 million funding round, wants to target a mainstream audience by accepting both cryptocurrency and US dollar payments and offering an NFT integrated hosted wallet.
原文标题:《 Coinbase for NFTs 》
原文来源: Paul Veradittakit,Pantera Capital 创始合伙人
原文编译: 卢江飞,链闻


MakersPlace, a leading digital art NFT marketplace, has seen tremendous growth in 2020, with sales exceeding $100 million and a tenfold increase in the number of independent collectors. Recently, the company announced the closing of A $30 million Series A funding round led by Pantera Capital and Besssemer Venture Partners, Investors include Uncork Capital, Draper Dragon Digital Assets, 9Yards Capital, Coinbase Ventures and Sony Music Entertainment, Angel investors include well-known rappers Such as Eminem and 3LAU, Larry Fitzgerald Jr.


If you're not quite sure what NFT is and why the concept is so compelling, see:  This article.


As you can see from the chart below, the NFT industry has been growing at a rapid pace recently, with a very strong increase in monthly NFT sales in July.


Pantera 合伙人:简析数字艺术 NFT 市场 MakersPlace


Unlike other NFT platforms, MakersPlace's priorities are: quality, trust, and ease of use.


The company has always wanted to target a mainstream audience and was the first NFT market to accept both cryptocurrency (ETH) and non-cryptocurrency (US $) payments through cryptocurrency wallet and credit card transactions, and the first NFT market to offer an integrated hosted wallet.


Blockchain gives authenticity to the NFT and the ability to track ownership effectively, not only giving creators an entirely new source of income, but also allowing them to earn additional income through secondary transactions. Here is an example of a blockchain proof of authenticity:


Pantera 合伙人:简析数字艺术 NFT 市场 MakersPlace


Thanks to Beeple's digital artwork Everydays: The First 5000 Days, MakersPlace even set an NFT record -- The work ultimately sold at Christie's for $69.3 million, one of The highest prices ever paid for a work by a living artist (in any medium). The reproduction and display of this work are as follows:


Pantera 合伙人:简析数字艺术 NFT 市场 MakersPlace


But the MakersPlace NFT market is not just for traditional artists, It also allows musicians and athletes like Pak, DeadMau5, Urs Fischer, Bosslogic, Trevor Jones, Patrick Mahomes, 3LAU, Jose Delbo and Lushsux to create their own works of art. Here's Patrick Mahomes, quarterback of the Kansas City Chiefs and Super Bowl MVP:


Pantera 合伙人:简析数字艺术 NFT 市场 MakersPlace


Team behind the project


MakersPlace has three co-founders, former Pinterest employees Dannie Chu and Yash Nelapati, and e-commerce veteran Ryoma Ito.


Final thoughts


I firmly believe that NFT will support and power the next generation of digital art, collectibles, media, experiences, and more, and today, MakersPlace has assembled a great team to design a user experience that seamlessly brings content creators and art collectors into the new NFT paradigm. There are signs that this new paradigm is working. The future is bright for creators and the industry, and we're excited to be an early partner with MakersPlace.


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