OpenSea Raised $100M Led By a16z

OpenSea has announced that they has successfully raised $100M in Series B led by a16z along with Michael Ovitz, Kevin Hartz, Dylan Field, Kevin Durant, Ashton Kutcher, and Tobi Lutke. They give a huge thank to a fantastic group of investors.

OpenSea’s immediate mission is to build the best possible marketplace for NFTs, and today they are proud to remain the largest and most powerful NFT marketplace. But their broader mission is to help create the systems and standards that enable the conversion of all types of digital wealth into forms that are truly ownable and freely exchangeable.

At OpenSea, they believe NFTs are emerging as one of the first consumer-oriented killer applications for blockchains. NFTs are a simple primitive for digital goods (think digital art, game items, domain names, and more) with brand new properties: they’re unique, provably scarce, liquid, user-owned, and usable across multiple applications. NFTs represent the building blocks for brand new peer to peer economies, where users have greater freedom and ownership over their data, and developers can build powerful, interoperable applications to provide real economic value to users.

About OpenSea

OpenSea is the world’s first and largest digital marketplace for crypto collectibles and non-fungible tokens (NFTs). Buy, sell, and discover exclusive digital assets.

INFO:

https://opensea.io/blog/announcements/announcing-our-100m-raise-led-by-a16z/