Verse
Marketplace for the world’s best contemporary art NFTs.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
* | $2.4m | Seed | |
| Total Funding | 000k | ||
| USD | 2023 |
|---|---|
| Revenues | 0000 |
| EBITDA | 0000 |
| Profit | 0000 |
| EV | 0000 |
| EV / revenue | 00.0x |
| EV / EBITDA | 00.0x |
| R&D budget | 0000 |
Source: Dealroom estimates
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Verse.works is a pioneering startup operating in the intersection of contemporary art and blockchain technology. The company provides a curated marketplace for buying and selling Non-Fungible Tokens (NFTs) from top contemporary artists. NFTs are unique digital assets that represent ownership of a specific item or piece of content, and they are stored on a blockchain, which is a secure and transparent digital ledger.
Verse.works caters to art collectors, investors, and enthusiasts who are interested in the digital art space. The platform is designed to be user-friendly, allowing transactions via credit card without the need for a digital wallet, although users have the option to transfer their NFTs to private wallets like Metamask if they choose. This flexibility makes it accessible to both seasoned crypto users and newcomers to the NFT market.
The company operates in the rapidly growing NFT and digital art market, which has seen significant interest and investment in recent years. By focusing on high-quality, curated contemporary art, Verse.works differentiates itself from other NFT marketplaces that may offer a broader but less curated selection.
Verse.works employs a straightforward business model: it earns revenue through transaction fees on the sale of NFTs. Additionally, the company may generate income from premium services or features offered to artists and collectors on the platform.
A notable aspect of Verse.works is its commitment to sustainability. The company tracks and offsets all blockchain carbon emissions associated with its transactions, aiming to be carbon neutral. This is an important consideration given the environmental concerns associated with blockchain technology.
In summary, Verse.works is a forward-thinking company that combines the worlds of contemporary art and blockchain technology to offer a unique, accessible, and environmentally conscious platform for buying and selling NFTs.
Keywords: NFTs, contemporary art, blockchain, digital assets, marketplace, carbon neutral, curated, accessible, art collectors, sustainability.