Nameless Raises $15 Million Through Seed Funding

Nameless is a leading developer of API software for testing, issuance, and sale of NFTs. It recently announced the closure of a $15 Million seed funding investment efficiently hosted by Mechanism Capital. Mechanism Capital is a leading participant in the blockchain investment space, which focuses on decentralized finance and NFTs. This seed investment has brought the valuation of the Nameless to $15 Million. 

Mechanism Capital was also joined by other investors including, Red Beard Ventures, Cultur3 Capital, Michael Rubin, D64 Ventures, Velvet Sea Ventures, Flamingo DAO, to name a few. This investment funding round was successful for Nameless as many Fortune 500 leaders, celebrities, influencers, global brands, and entrepreneurs expressed their interests in the NFTs. The investors of the parent company of Nameless, nft24, were Guy Oseary, Mark Cuban, Outlier Ventures, Marc Benioff, and Shaun Neff.

The funding was also essential as it was time for Nameless to expand its team and work further to enhance its mission: to make the creation and adoption of NFTs more accessible and easier for entities and individuals. Nameless presently offers various streamlined API solutions, helping developers integrate NFTs into their respective platforms securely. A few of the most recent partners and clients of Nameless are Vee Friends, Snoop Dogg, and Personal Corner, an athlete-focused NFT platform founded by Dez Bryant. Its public launch is scheduled for early next year.

The founder and CEO of nft24 and Nameless stated that NFTs could revolutionize digital ownership on a global scale. The technology at Nameless will help create even single NFTs or an entire marketplace for the NFTs in an easy, secure, and cost-effective manner. 

Marc Weinstein, one of the partners at Mechanism Capital, stated they expect the NFT industry to grow to a hundred billion dollar ecosystem in the future that might disrupt fashion, music, entertainment, gaming, and art in its way. The partnership with Nameless will be fruitful for both entities in the coming future. Nameless has committed to developing a critical infrastructure for the various market participants, whether independent creators or large corporations, and supporting the communities.

Michael Lazerow, the Managing Director at Velvet Sea Ventures, stated Nameless has been able to get the first-mover advantage by building many of the successful Web3 Projects. The seed investment will help fuel more superior product offerings and services with an impressive management of the team. This funding will help Nameless in its hyper-growth. 

Nameless has successfully empowered organizations in providing opportunities for digital ownership to its communities with the use of blockchain technology, cryptocurrencies and NFTs. Nameless is a service software empowering individuals and businesses to create or mint their own NFT projects using simple API solutions.

Scott Cook

Scott Cook got into crypto world since 2010. He has worked as a news writer for three years in some of the foremost publications. He recently joined our team as a crypto news writer. He regularly contributes latest happenings of crypto industry. In addition to that, he is very good at technical analysis.

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