NFT Analytics Platform Cryptoslam Raises $9M From Animoca Brands

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NFT Analytics Platform Cryptoslam Raises $9M From Animoca Brands – Since the boom began last year, non-fungible tokens (NFTs) have grown into a multibillion-dollar business. Cryptoslam, an NFT-centric data and analytics platform, announced on January 5, 2022 that it has raised $9 million from strategic investors. 

Cryptoslam’s funding raising was led by Animoca Brands, but Mark Cuban and Sound Ventures also contributed, according to the release. The aforementioned investors have made significant investments in NFT projects and blockchain firms.

For example, the NFT protocol Unicly raised $10 million from Animoca Brands and Blockchain Capital at the end of November. Randy Wasinger, the company’s founder and CEO, expressed his delight at the addition of investors such as Animoca Brands and Mark Cuban.

Wasinger also believes that NFTs will not go anywhere soon, since the blockchain trend is here to stay.

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Wasinger said in a statement following the capital offering, “NFTs reached the mainstream this past year and are here to stay.” “We’ve been establishing the foundation for ultimate transparency for the NFT industry since 2018, and this strategic capital raise marks a major milestone for us as we continue to expand alongside it.”

As we take this next step ahead, we’re fortunate to have Animoca Brands, Mark Cuban, and a long list of other strategic investors on board.”

Furthermore, at the time of writing, Cuban owns Bored Ape Yacht Club (BAYC), which has a floor value of 67.89 ether or $232K. According to Cryptoslam, its NFT collection rankings are a “leading cross-blockchain measure of interest in NFT collections, similar to Coinmarketcap for cryptocurrencies.”

Yat Siu, the executive chairman and co-founder of Animoca Brands, agrees with Cryptoslam and believes that the sector needs a trustworthy cross-blockchain indication.

Also Read: Bored Ape Yacht Club’s Apecoin DAO Airdrops Millions of Apecoins to NFT Owners

“Cross-chain gathering and analysis of NFT data are critical services for the open metaverse’s evolution, and Cryptoslam has definitely established itself as a leader in this space.” “We’re pleased to be able to sponsor such a remarkable group,” Siu said during the announcement.

As NFT data has grown in popularity, there are a slew of cross-chain aggregation rivals and NFT metrics suppliers. Providers such as Defillama, Dune Analytics, Dappradar, Nonfungible.com, and others give NFT statistics and analytics to users and spectators.

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