TechFlow News, Joepegs, an NFT marketplace on Avalanche, has raised $5 million in a seed funding round led by the now-dissolved FTX Ventures and the Avalanche Foundation. The Joepegs team stated that the funds from FTX Ventures were secured in June and had been transferred out of FTX prior to its recent bankruptcy proceedings.
Joepegs launched in May this year. Its co-founder, 0xMurloc, also founded and operates Trader Joe, a decentralized exchange on Avalanche. Joepegs includes an in-house production studio called Joe Studios and an NFT launchpad. The funding will be used to further develop the core marketplace and accelerate the growth of Joe Studios.Source link
Add to Favorites
Share to Social Media
