Metagood Raises $5 Million in Funding for Osura Marketplace
Metagood has successfully completed a $5 million series seed funding round to advance its Osura marketplace, focused on art within the Bitcoin ecosystem. Spearheaded by Sora Ventures, the funding round had participation from key investors including ACTAI Ventures and London Real Ventures. Osura is building the infrastructure for launching and trading assets developed on the Ordinals protocol, starting with art on Bitcoin.
Osura and the Immortalization of Art on Bitcoin
Osura aims to collaborate with artists to immortalize their creations on Bitcoin by leveraging the unparalleled security and longevity of the blockchain. The Ordinals protocol, which allows for the storage and security of high-value assets on the Bitcoin blockchain, has opened up new opportunities for digital ownership. Metagood’s goal is to curate the finest digital artifacts and redefine industry standards in the Bitcoin digital asset marketplace.
Metagood’s Vision for Bitcoin and NFTs
Metagood believes that embracing art on Bitcoin will pave the way for real-world assets to seamlessly transact on the blockchain. The company anticipates Bitcoin’s journey toward parallel explosive growth, especially in NFT trading volumes. With the infusion of capital, Metagood aims to forge partnerships with artists, enhance the Osura platform, and expand its team to meet growing user demand.
A Dynamic Team and Innovative Collections
Metagood has a dynamic founding team with extensive experience building on both Bitcoin and Ethereum. The company has launched innovative collections such as OnChainMonkey, which made history on Bitcoin with inscriptions. Osura stands out as a premium Ordinals platform for art on Bitcoin, with collections created in collaboration with iconic brands such as Asprey Studio and Bugatti.
Hot Take: Metagood’s Funding Milestone Marks a New Era for Osura
Metagood’s successful series seed funding round of $5 million marks a new era in the development of Osura. With this funding, Metagood is well-positioned to elevate the Osura marketplace to new heights and continue its commitment to innovation on Bitcoin. As the industry prepares for the Bitcoin halving in April 2024, Metagood’s timing is impeccable for advancing technology, art, and community engagement in the Bitcoin digital asset marketplace.