17 C
Wednesday, November 30, 2022
No menu items!
Google search engine
HomeNFTsChristie’s Launches Venture Fund to Secure the Future of CryptoArt

Christie’s Launches Venture Fund to Secure the Future of CryptoArt

Highly esteemed art auction house, Christie’s, has launched its own Web3-focused venture fund to provide financial aid to tech companies that enable the seamless consumption of art.

Over the last 16 Months, Christie’s has had a major impact on the CryptoArt world, first making waves by facilitating the now infamous sale of Beeple’s ‘Everydays’ artwork. Now however, in a bid to propel the industry ever onward, it has launched Christie’s Ventures. Basically, a venture capital arm of the storied organization, with a goal to further the benefits of Web3 technology within the art world.

The first platform to benefit from its new investment strategy sees blockchain start-up, Layer Zero Labs, receive extra funding. A forward thinking Web3 platform that aims to provide the seamless transfers of assets between chains, resulting in the removal of certain barriers affecting wholly digital artists operating within the blockchain space.

Going forward, any interesting tech companies deemed worthy by the Christie’s team will receive a share of funding. Therefore, helping secure the future of CryptoArt, and enabling many more artists to join the ever-expanding digital market.

We will focus on products and services, which can solve real business challenges, improve client experiences and expand growth opportunities.” – Devang Thakkar – Head of Christie’s Ventures

Want more? Connect with NFT Plazas

Join the Weekly Newsletter
Join our Discord
Follow us on Twitter
Like us on Facebook
Follow us on Instagram

*All investment/financial opinions expressed by NFT Plazas are from the personal research and experience of our site moderators and are intended as educational material only. Individuals are required to fully research any product prior to making any kind of investment.

Source link



Please enter your comment!
Please enter your name here

- Advertisment -
Google search engine

Most Popular

Recent Comments