Metagood Raises $5 Million in Seed Funding for Osura Marketplace
Metagood, a blockchain technology and digital assets company, has completed a $5 million series seed funding round to support the development of its Osura marketplace. The platform aims to bring art into the Bitcoin ecosystem by immortalizing artists’ creations on the blockchain.
Sora Ventures Leads the Series Seed Round
The series seed round was led by Sora Ventures and included participation from key investors such as ACTAI Ventures, Bitcoin Frontier Fund, UTXO Management, London Real Ventures, and Peach.xyz.
Unlocking the Market for High-Value Assets on Bitcoin
The funding will enable Metagood to further develop the infrastructure for launching and trading assets on the Ordinals protocol. This protocol allows for the secure storage and transfer of high-value assets on the Bitcoin blockchain.
Bitcoin’s Potential for Art and NFTs
Metagood Chairman Bill Tai believes that embracing art on Bitcoin will pave the way for real-world assets to transact seamlessly on the blockchain. He anticipates that Bitcoin will surpass other chains in terms of NFT trading volumes.
New Era of Innovation in the Bitcoin Digital Asset Marketplace
This funding milestone marks a new era for Metagood and its Osura marketplace. The company plans to redefine industry standards by merging technology, art, and community engagement in the Bitcoin digital asset marketplace.
Expanding Partnerships and Enhancing Product Offerings
The capital infusion will support Metagood in forging partnerships with artists, enhancing product offerings on Osura, and expanding its engineering and marketing teams to meet growing demand.
About Metagood
Metagood is a blockchain technology and digital assets company that focuses on innovation in the crypto industry. Through initiatives like its OnChainMonkey NFTs and the Osura marketplace, Metagood aims to blend technology, art, and community in the Bitcoin ecosystem.
Hot Take: Metagood Drives Innovation in Art on Bitcoin
Metagood’s successful completion of its seed funding round demonstrates the growing interest and potential for art on the Bitcoin blockchain. With the development of the Osura marketplace and partnerships with artists, Metagood is poised to lead the way in the digital art space on Bitcoin. This marks an exciting milestone for the crypto industry as it continues to expand into new realms of creativity and value.
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