TechFlow news — NFT platform LiveArtX has raised $4.5 million in funding led by Animoca Brands, BNB Chain Fund, and KuCoin Labs, with participation from Everest Ventures Group, ArkStream Capital, Alameda Research, OKX BlockDream Capital, Gate Labs, HashKey, APENFT Foundation, SNZ, Shima Capital, Head&Shoulder Financials, and AppWorks.
LiveArtX announced the launch of its utility token ART. ART holders will gain access to the art world, including exposure to physical and digital artworks, participation in exclusive art experiences and events, early notifications about drop events, involvement in platform curation, and membership in the LiveArt DAO.
LiveArtX will also offer free minting rights for "Mystery Boxes" to whitelisted addresses this month. Each box randomly contains one of six tiers of early member NFTs. Holding these NFTs grants special privileges and entitles holders to a share of ART tokens. New users can apply for the whitelist via the latest Gleam campaign (open March 15–20).
LiveArtX was co-founded by Boris Pevzner, former head of digital at Christie’s, and Adam Chinn, former COO of Sotheby’s.
