NFT marketplace Quidd raises $5 million from token sale

This post was initially printed on Blockchain Gamerz

Animoca Model’s subsidiary and digital collectables firm Quidd has introduced that it’s raised $5 million through a pre-sale, non-public sale, and IDO of its $QUIDD token

Essentially the most profitable of those three was its non-public sale, which introduced in $4 million, due to funding from the Binance Sensible Chain Progress Fund, Genesis Block Ventures, and Kingsway, amongst others.

Working because the native token of its NFT market, enabling customers to purchase and promote uncommon, individually-serialised collectables.

Being obtainable via a number of avenues of buy is simply one of many causes for Quidd’s success. Since its conception, the group positioned a premium on a extremely intuitive, easy-to-understand interface for customers.

To this point, Quidd serves 7 million collectors of limited-edition digital items, shops greater than 2.1 billion items of serialized digital artworks, and facilitates no less than 6 transactions per second in its secondary market.

Its platform additionally boasts distinctive digital artwork from over 325 manufacturers, together with Disney, Sport of Thrones, and Rick and Morty.

With a complete provide of 1 billion tokens, $QUIDD has the added benefit of being an more and more chain-agnostic ecosystem and token. Doing so gives customers with a glimpse into what Animoca Manufacturers’ Yat Siu regards because the broader evolution of digital collectables.

“Quidd and the QUIDD token symbolize an essential effort right here at Animoca Manufacturers: the evolution of collectibles into digital codecs. Quidd has pioneered digital collectibles since 2016, lengthy earlier than the rise of NFTs. The bodily buying and selling card market shall be value almost $100 billion by 2027, and Quidd is just not solely taking this large market into the digital realm but additionally placing it on blockchain to ensure true property rights and shortage for the brand new period of amassing.”

Yat Siu – Government Chairman and co-founder of Animoca Manufacturers.

Discover out extra about Quidd by visiting the website.

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