Believe it or not, it seems 3LAUNFT efforts are just beginning.
CoinDesk reports that the famous electronic musician who created a cryptocurrency pundit helped pay $ 7.6 million in injection for Showtime, a new “NFT social network.” Crypto investment firm Paradigm also supports the funding phase for the platform, which allows users to discover and demonstrate the art of NFT (non-fungible tokens).
Showtime is following the same trend on Instagram. The platform has a dedicated News Feed and allows users to like, comment, and even bid on NFT art shared by the creators. “We are turning the world of social media at its head by putting users at the forefront of platforms,” co-founders Alex Masmej and Alex Kilkka said in a statement.
“Paradigm is inspired by Alex’s vision of building a user-owned NFT social network, and we’re excited to support the Showtime team as they create NFT’s premier consumer platform and platform -or the monetization of the maker, “added Paradigm’s Arjun Balaji.
3LAU established itself as a pioneer in the NFT space. In February 2021 he broke the record for selling NFT to first fall of the tokenized album, a benchmark that was later surrounded by a surprising Sold for $ 69 million by elite visual artist Beeple. In April he was announced as one of the judges NFTs: The Pitch, a Shark Tank-a clash to fund NFT that also counts Ashton Kutcher and Mark Cuban as investors.
To learn more about the NFT boom and their collision course with the EDM community, read our talk to the founders of Nifty Gateway, one of the most popular space markets.