Griffin Gaming Partners, RRE, Third Kind Venture Capital, Sfermion, investment decentralized autonomous organization (DAO) The LAO and Warner Brothers also participated in the funding round, showing the odd bedfellows created by this year’s prolonged NFT craze. Source link … [Read more...] about Microsoft Leads $27M Funding Round for Palm NFT Studio
Palm
Microsoft leads startup Palm NFT Studio’s $27M series B round
Crypto startup Palm NFT Studio announced a Series B raise of $27 million on Thursday led by Microsoft’s venture fund M12. Palm NFT, cofounded by ConsenSys founder and Ethereum cofounder Joseph Lubin, provides strategic and technical services for creators to build NFT marketplaces. Other major backers include Griffin Gaming Partners, RRE, Third Kind Venture Capital, Sfermion, … [Read more...] about Microsoft leads startup Palm NFT Studio’s $27M series B round
ConsenSys announces layer-two NFT platform, Palm, to compete with Flow
With a possible billion-dollar nonfungible token drop and a high-powered, multiproject collaboration in the works, the Ethereum ecosystem may finally be ready to compete with NFT-centric blockchain Flow. In a press release today, Ethereum software developer ConsenSys announced Palm, an environmentally friendly NFT scaling solution. Palm will be a sidechain designed to be “fully … [Read more...] about ConsenSys announces layer-two NFT platform, Palm, to compete with Flow