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Wild raises $7 million in seed funding round

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It is reported that the Web3 art platform Wild has completed a seed round of financing of US $7 million. Matrix Partners led the investment. Actress Gwyneth Pa…

Wild raises $7 million in seed funding round

It is reported that the Web3 art platform Wild has completed a seed round of financing of US $7 million. Matrix Partners led the investment. Actress Gwyneth Paltrow, co-founder Reid Hoffman of LinkedIn and co-founder Kevin Lin of Twitch also participated in the round of financing that ended at the end of last year.

Web3 art platform Wild completed $7 million seed round financing

Analysis based on this information:


Wild, a Web3 art platform, has raised $7 million in a seed funding round led by Matrix Partners. Actress Gwyneth Paltrow, co-founder Reid Hoffman of LinkedIn, and co-founder Kevin Lin of Twitch also invested in the round that ended at the end of last year.

This news comes on the heels of the growing popularity of NFTs or non-fungible tokens, which have become a buzzword in the art world. NFTs allow digital art to be sold and bought as unique, one-of-a-kind items, which has opened up new possibilities for artists and collectors alike. Wild is hoping to capitalize on this trend and provide a platform that is both artist-friendly and collector-friendly.

Wild aims to be a decentralized marketplace for digital art where artists can showcase and sell their work directly to buyers without intermediaries. According to the company’s website, Wild is “committed to fostering a sustainable, artist-first ecosystem that benefits all participants.” The platform also promises to be environmentally friendly by using renewable energy sources and offsetting carbon emissions.

Investors seem to be bullish on Wild’s potential. Matrix Partners, a venture capital firm that has previously invested in well-known tech companies such as HubSpot and Oculus, sees promise in Wild’s approach to the art market. Paltrow, Hoffman, and Lin, all well-known figures in the tech and entertainment industries, have also thrown their support behind the platform.

Overall, Wild’s seed funding round is a strong signal that the digital art world is quickly evolving and that investors are taking notice. With the support of big-name investors and a unique approach to the market, Wild is well-positioned to make waves in the art world and provide a new avenue for artists to showcase and sell their work.

In summary, Wild’s $7 million seed funding round led by Matrix Partners signals the growing interest in the digital art world and the potential for NFTs. The platform’s commitment to being environmentally friendly and artist-friendly is likely to attract more creators and collectors. With high-profile investors like Paltrow, Hoffman, and Lin, Wild is poised to make a big impact in the art market.

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