NFT Tech Company DNABLOCK Secure $7 Million in Seed Fund Round

DNABLOCK is a blockchain platform that implements the DNA of digital assets, enabling users to create and trade customized tokens. The firm announced its seed round this week with investments from over 20 investors in Europe, North America, Asia-Pacific regions (APAC), Middle East and Africa.

The “dnablock inc” is a company that has secured $7 million in seed funding. The company will be using the funds to develop their product, which is an NFT-based platform for digital assets and trading.

DNABLOCK, a 3D avatar and animation platform, has secured $7 million in its second seed round. Sfermion, Solana Ventures, Animoca Brands, and Non-Fungible Labs led the investment, which included a slew of notable industry names.

SoftBank Group’s SB Opportunity Fund, LD Capital, Haobo Zhao, CMT Digital, Gaingels, RareBreed, Alumni Ventures, Diverse Angels, Fenwick and West, Figure 8 Investments, and Bill Silva were among the other industry participants in the round.

The money will be used to expand and deploy Replikant, the company’s main product, which is an all-in-one, AAA-quality 3D virtual production tool that allows NFT and Web3 producers to bring their characters and tales to life in the developing digital environment. In addition, the cash will be used to assist build a DNABLOCK creative studio in Los Angeles, which will be utilized to recruit fresh talent, as well as to expand the company’s leadership team.

Following the company’s successful investment, Anthony Kelani, co-founder and CEO, has remarked on the company’s grassroots culture, which would be further realized with the new funding:

“Through Replikant, we want people to feel something when they watch their characters and NFTs come to life.” The next great brand will not emerge from the top-down, fully formed, and with pre-determined plots. It will emerge from the bottom up, with tales written by NFT communities for themselves. I’m especially looking forward to seeing a new generation of stars emerge from a far more diversified roster of creatives than we’ve seen in legacy media.” 

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The “nft avatar maker free” is a company that has just secured $7 million in seed funding. The company is known for its blockchain technology and being the first to launch an ICO on Ethereum.

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