Nameless Raises $15M Seed Round for Brands to Create NFTs
nameless™, the developer of leading API software for the issuance, testing, and sale of non-fungible tokens (NFTs), has raised $15 million seed investment round led by Mechanism Capital, a leader in the blockchain investing space with a focus on NFTs and decentralized finance. The investment brings nameless’ valuation to $75 million.
Mechanism Capital is joined by investors Velvet Sea Ventures, Red Beard Ventures, Delphi Digital, Fenbushi Capital, Third Prime, Cultur3 Capital, Michael Rubin, Dez Bryant, Spartan Group, D64 Ventures, Flamingo DAO, The LAO, and Wursta Ventures, among others.
Also joining the round are several investors that participated in nft42’s seed investment round that closed earlier this year, including Sound Ventures and Gary Vaynerchuk’s VaynerFund. Other investors of nft42™, the parent company of nameless, include Mark Cuban, Marc Benioff, Guy Oseary, Michael Rapino, Outlier Ventures, and Shaun Neff.
This round of funding for nameless comes as Fortune 500 leaders, global brands, entrepreneurs, celebrities, and influencers are showing an increased interest in NFTs.
It also comes at a time of rapid expansion for nameless, which will use the capital to expand its team and further enhance and deliver on its mission of making the creation, customization, and adoption of NFTs easier and more accessible for individuals and enterprise companies alike.
The company currently offers streamlined API solutions that allow developers to easily and securely integrate NFTs into their platforms.
Recent strategic partnerships and clients of nameless include Gary Vaynerchuk’s VeeFriends, Sotheby’s, Snoop Dogg, and an athlete-focused NFT platform called Personal Corner founded by former Cowboys football star Dez Bryant. nameless plans to launch to the public early next year.
