It’s the latest NFT marketplace investors are betting on as the mainstream gateway to crypto.
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Zora, a marketplace for non-fungible tokens (NFTs), has raised nearly $8 million in equity sales, according to regulatory documents seen by CoinDesk.
The documents show Zora Labs recently completed the funding round with five investors participating. Their identities were not immediately known and it was unclear at press time whether the raise includes last October’s $2 million seed round.
Co-creator Jacob Horne, a Coinbase ex-pat, did not return calls. Previous seed investors including streetwear designer Jeff Staple and Coinbase Ventures did not immediately return requests for comment.
Regardless of size, the raise demonstrates the accelerating flood of venture capital into the booming NFT ecosystem.
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NFT Marketplace Development
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Zora's recent $8 million raise is a testament to the booming interest in NFTs and the growing venture capital in this space. With the involvement of notable investors and the rapid expansion of the NFT ecosystem, it's clear that digital collectibles are more than just a trend—they're shaping the future of ownership and creativity. If you're excited about this innovative market and are considering exploring other ways to engage with your interests, why not check out sports betting as well? Try to find out more about betting app that offer you the chance to place wagers on your favorite sports and events. Just like NFTs, betting has the potential to add a new layer of excitement to your everyday experiences. Dive in and explore the possibilities!
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