Colecti secures 470000 euro equity investment from Lisk to launch NFT market

04/24/2023 10:14 • Tech Trends • 84 views

On April 24th, Colecti received 470000 euros in equity investment from Lisk in the NFT market and will launch the NFT market on Lisk. This financing is part of the Colecti Pre Seed round of financing. Previously, the Web3 platform Lisk launched an accelerator program aimed at providing up to 250000 Swiss francs (270000 US dollars) in grants to developers who wish to develop applications in its ecosystem, and stated that it will pay special attention to startups dedicated to developing specific blockchain solutions.

Colecti received € 470000 in equity investment from Lisk in the NFT market

Introduction

On April 24th, the NFT marketplace Colecti received a 470000 euro equity investment from Lisk as part of its pre-seed round of financing. This investment will help Colecti to launch its NFT market on the Lisk platform. In this article, we will delve deeper into what this investment means for Colecti and the broader NFT market.

The State of the NFT Market

NFTs or non-fungible tokens have taken the market by storm in the last year. These unique digital assets are stored on a blockchain and can be bought and sold like any other asset. The NFT market has exploded with celebrities, artists, and musicians all jumping on the bandwagon. The value of NFT market transactions increased by 299% in 2020, and it shows no signs of slowing down in 2021.

Colecti’s Role in the NFT Market

Colecti is a marketplace that aims to democratize the NFT market by providing opportunities for artists and creators to mint, buy, and sell NFTs without paying high fees. Colecti’s mission is to provide creators with more control over their assets and to ensure that they receive a fair share of the profits from the sale of their NFTs.

Lisk’s Accelerator Program

Lisk is a web3 platform that provides developers with the tools they need to build blockchain applications easily. Lisk recently launched an accelerator program designed to support innovative business ideas that solve real-world problems using blockchain technology. The program provides up to 250000 Swiss Francs in grants to help fund the development of new applications within the Lisk ecosystem. The program’s focus is on startups that are dedicated to creating blockchain solutions.

Colecti’s Equity Investment from Lisk

Colecti’s equity investment from Lisk is a significant milestone for the company. This investment will provide Colecti with the resources it needs to launch its NFT market on the Lisk platform successfully. Colecti’s integration with Lisk will make it easier for creators and artists to mint, buy, and sell NFTs on a platform that values decentralization, security, and transparency.

Conclusion

Colecti’s equity investment from Lisk is a testament to the growing importance of NFTs in the broader cryptocurrency ecosystem. This investment will help Colecti to establish itself as a leading marketplace for NFTs and to expand its user base significantly. The NFT market is still in its infancy, and there is a growing demand for more transparent, secure, and decentralized platforms. Colecti, with the help of Lisk, is well-positioned to meet this demand.

FAQs

Q: What is Colecti?
A: Colecti is a marketplace that democratizes the NFT market and provides opportunities for artists and creators to mint, buy, and sell NFTs without paying high fees.
Q: What is Lisk’s Accelerator Program?
A: Lisk’s accelerator program is designed to support innovative business ideas that solve real-world problems using blockchain technology. The program provides up to 250000 Swiss Francs in grants to help fund the development of new applications within the Lisk ecosystem.
Q: What is an NFT?
A: NFTs or non-fungible tokens are unique digital assets stored on a blockchain that can be bought and sold like any other asset. The value of NFTs is determined by the market demand for that asset.

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