TechFlow news: Generative art NFT platform fxhash has completed a $5 million seed funding round led by 1kx, with participation from Fabric Ventures, Bright Opportunities DAO, Union Square Ventures, Tezos Foundation, Tane Labs, Daedalus, Everyrealm, PunkDAO, KRPDM, Casey Reas, Thefunnguys, Lemonde2d, and Gus Lee. The company plans to use the funds to grow its team and launch a major platform upgrade integrating Ethereum minting within the next six months.
According to fxhash Chief Operating Officer Paul Schmidt, "fxhash has been entirely self-funded/bootstrapped up to this point. We've scaled the platform to its current level solely through revenue generated via artist- and collector-friendly, industry-low platform fees."
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