January 24, 2022

Michael Jordan Amongst The Top Names That Have Invested Millions In NFT Market-Place Metaplex

Michael Jordan and former rival Allen Iverson are among the 90 – or so – investors participating in a just-completed $46 million funding round for Metaplex, a startup that reportedly allows users to build their own Solana-based non-fungible token (NFT) marketplaces.

The funding round was co-led by investment firm Multicoin Capital and Jump Crypto, with participation from Solana Ventures, Alameda Research, Animoca Brands, and more than 90 individual supporters.

These supporters included legendary basketball player Michael Jordan who last year announced the launch of the HEIR platform on Solana, William Wesley, Allen Iverson, Shari Glazer, RÜFÜS DU SOL, and Cozomo de’ Medici.

Since its launch last June, the Metaplex community has reportedly created tools to make minting and selling NFTs much easier.

Metaplex Storefront and Candy Machine v2™, for example, make launching new NFTs and trading experiences as easy and smooth as possible on the Solana blockchain, the startup says.

“The community is excited to build tools that make it easy for developers, game studios, and creators to get started in Web3,” said Sergey Vasylchuk, Director of the Metaplex Foundation.

“We believe the metaverse will be open, censorship-resistant, and globally accessible. In this metaverse, Metaplex will serve as a common protocol and NFT standard to empower the next wave of decentralized commerce, social and gaming experiences,” he added.

Abbianca Makoni

Abbianca Makoni is a content executive and writer at POCIT! She has years of experience reporting on critical issues affecting diverse communities around the globe.

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