Vinci Protocol has completed a $2.1-million seed round fundraising led by UOB Ventures, Signum Capital and TGE Capital to accelerate our mission of building a nonfungible token (NFT) infrastructure.
Vinci Protocol believes NFTs are the new and most disruptive way of creative expression, allowing artists, brands and companies to provide authenticity in the rising digital age. Of course, the future of NFTs is full of uncertainty, but the team behind Vinci Protocol is now pushing the boundary of what can be achieved for your valuable NFTs.
Vinci Protocol, from its conception, came with a clear “why”: to build an NFT infrastructure where users, developers and companies can interact with the NFT space in their unique ways. With Vinci Protocol, builders in this space can leverage their products and services to bring mass adoption to Web3.
Given the dampened market sentiment, raising funds for startups is extremely hard at this juncture. However, in contrast, it demonstrates that what Vinci Protocol can offer to the crypto market is even more valuable. Furthermore, this seed funding gives Vinci Protocol a significant financial boost and practical industry support from many accredited investors and institutions.
Over the past few months, Vinci Protocol has seen tremendous organic growth in its multiple marketing events, in which thousands of people have shared and claimed Vinci’s community NFTs with their friends. Besides the community support, technically, Vinci Protocol had several significant milestones, the most important of which are:
- The official mainnet was launched successfully.
- They have completed the CertiK audit report with no critical findings.
- Developer documents were completed and ready for integration.
- Launched blue-chip NFT lending pools on Ethereum’s mainnet.
- Deployed an NFT oracle contract on Ethereum’s mainnet with an updated mechanism.
- Deployed an NFT floor price history graph.
- Launched an NFT oracle landing page with a floor price list and price history charts.
Speaking on the recent developments, Florian, CEO of Vinci Protocol, commented:
“The new funding presents us with incredible resources to continue building a world-class product and accommodating the demand we are seeing in the NFT space. We’ll continue investing heavily in our core product and build it to stand the test of market and time. For now, we are keeping our heads down and rolling up our sleeves to create the best possible product for our community.”