NFT industry data aggregator CryptoSlam plans to use the funding amount to support new and existing blockchain platforms. Additional plans include launching several new products, including an enterprise NFT data API that allows developers to build on top of the CryptoSlam platform.
The strategic seed included a number of prominent angel investors and individuals such as Reid Hoffman from LinkedIn, James Park from Fitbit, Randall Kaplan at Akamai Technologies, The Sandbox’s Sebastien Borget, and Rotten Tomatoes co-founders, Stephen Wang and Patrick Lee. There was also participation from pre-seed investors Mark Cuban and Sound Ventures, the venture capital firm co-founded by Hollywood star Ashton Kutcher and talent manager Guy Oseary.
Commenting on the development, Randy Wasinger, founder, and CEO of CryptoSlam said:
"Since 2018, we've been laying the groundwork to provide ultimate transparency for the NFT industry, and this strategic capital raise marks a key milestone for us as we continue to grow along with it. We're blessed to have Animoca Brands, Mark Cuban and an incredible list of other strategic investors aligned with us as we take this next step forward, " Randy Wasinger, Founder and CEO of CryptoSlam
Founded in 2018, CryptoSlam was created on the premise of ranking NFT collections across various blockchains. With NFT's surging popularity, the latest funding will help CryptoSlam hold a significant position in the global NFT landscape.