Metagood Raises $5 Million in Funding for Osura Marketplace
Metagood, a blockchain technology and digital assets company, has successfully completed a $5 million series seed funding round to support the development of its Osura marketplace. The marketplace focuses on art within the Bitcoin ecosystem and aims to collaborate with artists to immortalize their creations on the Bitcoin blockchain. Spearheaded by Sora Ventures, the funding round saw participation from key investors such as ACTAI Ventures, Bitcoin Frontier Fund, UTXO Management, London Real Ventures, and Peach.xyz.
Advancing the Ordinals Protocol for Art on Bitcoin
The funding will help advance Metagood’s Ordinals protocol, which enables the storage and security of high-value assets on the Bitcoin blockchain. Osura is building the infrastructure for launching and trading assets developed on this protocol, starting with art. Metagood aims to redefine industry standards by merging technology, art, and community engagement in the Bitcoin digital asset marketplace.
Optimism for Art on Bitcoin
Bill Tai, chairman of Metagood, believes that embracing art on Bitcoin will pave the way for real-world assets to seamlessly transact on the blockchain. He also notes that Bitcoin has already surpassed other chains in terms of recent NFT trading volumes. This funding milestone marks a new era in propelling more technology and product innovations within Osura.
About Metagood
Metagood is a pioneering blockchain technology and digital assets company that focuses on innovation in the crypto industry. With initiatives such as its OnChainMonkey NFTs and the curated Osura marketplace for art on Bitcoin, Metagood aims to blend technology, art, and community. The company has a dynamic founding team with extensive experience in both Bitcoin and Ethereum.
Hot Take: Metagood’s Funding Boosts Innovation in the Bitcoin Art Market
Metagood’s successful completion of a $5 million funding round is a significant step toward advancing the development of the Osura marketplace. The funding will support the company’s efforts in collaborating with artists, enhancing the platform, and expanding its team. With a focus on blending technology, art, and community engagement, Metagood aims to redefine industry standards in the Bitcoin digital asset marketplace. This funding milestone will help propel more innovations in technology and products within Osura, creating exciting opportunities for artists and collectors in the Bitcoin art market.
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