NFT Alley, a new marketplace to launch India’s first multi-chain marketplace within the virtual economy, has successfully secured funding from the top-tier investors within the industry. It raised a total of $1M in seed, private and public rounds.
Notable investors, including Amesten Capital, AU 21 capital, X21 Digital, Moonwhale Ventures, participated in the funding round. With the backing of these high-grade investors, NFT Alley considers itself fortunate and will also be receiving strategic guidance from founders of famous Indian ecosystem projects, in its relentless bid of bringing NFTs to mainstream adoption.
NFT Alley marketplace promises to be versatile, a “one-stop-shop” for minting, purchasing, and selling digital collectibles, supporting local artists and bridging the gap of revenue leakage and income for artists and collectors globally.
The global market for NFTs has continued to grow with increased momentum from Q4 of 2020. NonFungible had reported that NFTs sales within Q1 of 2021exceeded $2.1 billion, representing more than 2,100% growth from the