Crypto.com Capital made strategic investment in multichain NFT marketplace
Crypto.com has invested in a multichain NFT marketplace start-up.
Crypto.com Capital has made a strategic investment into a multichain NFT marketplace called “Hodooi.com,” aiming to be the eBay for NFTs. The investment amount wasn’t disclosed by the company.
The NFT platform is a new startup by Matt Luczynski, founder of Travala, and the platform will be officially launched on Binance Smart Chain in Q3 2021 and integrate with Ethereum in the same quarter.
The Crypto.org Chain recently upgraded the mainnet to offer NFT support and HoDooi.com intends to integrate it on the platform to expand the options for creators and collectors alike.
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Hodooi has already formed a partnership with Gold Star Promotions and Plogix Art Group to provide licensed NFT sales depicting professional sporting athletes and will host British boxer Tyson Fury’s NFT drop on July 12th.
Additionally, the platform intends to add sales channels on top of the regular NFT marketplace structure, with users also being able to buy and sell eBooks, coupons, tickets, games, and other collectibles in the future.