The round was led by top technology venture capitalists such as Genesis Block Ventures and Magnus Capital, and funding will be used to develop the global ecosystem for creatives.
Today, Carbon, an ecosystem for creatives, announced its $1.7 million private funding round, led by Genesis Block Ventures. Genesis Block Ventures uses private funding to grow blockchain, crypto, and DeFi projects.
A Multi-Faceted Platform
Carbon’s platform offers users a clean and slick user interface intended to implore inspiration and collaboration among the platform’s users. It also streamlines the entry of new artists into the NFT economy.
Strategically Selected Investors
The group of investors have been strategically selected and includes investors such as Magnus Capital. Gen Block, Kyros Ventures, Fairum Ventures, Pluto, Tsukiomi Group, LVT Capital and CSO DOA. The funds raised through the investors will be utilized for marketplace development, backend development, licenses, vendors, and legal initiatives.
The Vision Behind Carbon
Carbon CEO and founder Chad Pickard stated,
“With Carbon, our goal is to create a platform that benefits the artists and allows them to showcase their work, Art is constantly evolving, and this visionary space will allow fashion designers, filmmakers, musicians, and traditional artists to empower one another and push the boundaries of the art world.”
A Sanctuary For Creators
When the NFT market saw a surge in value, it also saw a surge in artists looking to find a platform in the NFT space that would elevate their projects. This is where Carbon fits into the picture, giving them the perfect platform to showcase their artistry.
The platform offers features such as a digital wallet that can be used to hold the platform’s native $GEM tokens and NFTs. It also offers users a marketplace through which they can collect digital or physical assets from high-end fashion brands.
Key Features Of The Carbon Platform
- Carbon’s digital wallet immerses its users into Web 3.0, DeFi, and the metaverse.
- A marketplace that includes luxury brands, emerging brands, streetwear, it also includes NFT art, music, and fashion from new and established artists.
- To incentivize customers, Carbon adopts a tiered debit card system.
- A mobile application that will cultivate creativity and bring together like-minded individuals
The Buzz Around Carbon
Carbon’s association with VCs for its private funding round has generated quite a buzz. Leslie Tam, Co-Founder, and Partner at Genesis Block Ventures stated
” We are delighted to partner with Carbon to introduce a new digital economy for the creative world by combining open finance, fashion, art, music, and NFTs; We look forward to seeing how Chad and the team leverage blockchain technology to enable luxury fashion brands to design and create digital items.”
Colin Sinclair, Director at Magnus Capital, added.
“At Magnus Capital, we see a plethora of untapped potential in the NFT space with regards to art and fashion. Carbon has created an innovative platform that will empower creative individuals to collaborate with the artist community and their fans in previously unheard-of ways. We’re excited to be a part of their journey and look forward to working with them on the launch of their digital wallet & marketplace app.”
A global ecosystem for creatives, Carbon bridges, open finance, music, fashion art, and NFTs. Carbon’s marketplace is intuitive and offers a selection of streetwear, luxury, and emerging brands. It also includes exclusive collaborations and drops.
It also provides users with a debit card facility, currency exchange, and other features. All these features allow users to hold, buy or sell NFT art, music, fashion cryptocurrencies, and tokens.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.