Leading digital art platform, Agora Awards has announced the closing of a €2.2 million funding round. The round was led by international key investors in the crypto market. This included Chris Bouwer, an international investor and founding member of the e-commerce payments company, Adyen.
What is the Agora Awards platform?
Since its launch in 2016, Agora Awards has launched a range of projects to bring artists and art investors together. Originally, it started as an online platform where users could upload their creations such as photographs, videos, and audio. Then, they could participate in worldwide awards, where the best creations are awarded based on votes. Recently, the platform has developed several projects focusing on the NFT market.
Besides, Agora has also partnered with the blockchain platform, Zilliqa to build the Agora Awards Metaverse. Zilliqa will also sponsor Agora’s World NFT Festival as well as create its token. Furthermore, Agora has partnered with the leading Ethereum software company, ConsenSys, to support the launch of Agora Award’s own NFT marketplace. In addition, in collaboration with QuiverTree Media, Agora Awards’ top content will be displayed in aeroplanes.
“We have more than 14 million creations uploaded to the Agora Awards platform, including the works of over 13,000 finalists and winners of the awards,” said Octavi Royo, the platform’s CEO and founder. “…Our mission is to empower talent and grant access to that talent to anyone anywhere in the world”
Recently, Agora launched an NFT collection, “We, the Women”, to celebrate International Women’s Day. The NFT collection, featuring 21 photos, sold out to raise $80,000. The firm also physically exposed the drop at the Dubai Expo2020 and virtually at Meetaverse.org.
The latest investment will further support the development of Agora’s marketplace and other projects.
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