Pixel Vault raises $100M for NFT development platform

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Pixel Vault raises $100M for NFT development platform
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More funds for NFTs! Pixel Vault has received $100M in funding in order to develop its platform.

Operator-led venture capital firms Velvet Sea Ventures and 01 Advisors invested $100 million into Pixel Vault, a large nonfungible token collection of superheroes, to jointly launch the rebranded multi-franchise nonfungible token entertainment company, Pixel Vault Inc.

Pixel Vault's founder and CEO Sean Gearin, also known as GFunk, launched the company in May 2021. In a statement, hethat at the center of all Pixel Vault projects is community empowerment, decentralized governance and true digital ownership, believing that the"fans are the owner and the builder.”

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