Today non-fungible token (NFT) provider GigLabs announced a $4.5m round of funding led by Panoramic Ventures and Dapper Labs, the creator of NBA Top Shot. GigLabs helps brands launch NFTs and already boasts high profile clients such as CNN, Turner Sports, Bleacher Report, and Speedway Motorsports’ RaceDay NFT. Other investors in the round include Collab+Currency, Red Beard Ventures, Eterna Capital, Alumni Venture Group, Gaingels, and Amino Capital.
“At GigLabs, we firmly believe that every brand will have an NFT strategy in the future,” said Douglas Dimola, CEO and co-founder of GigLabs.
The startup has multiple solutions that brands can use to roll out NFTs. Its base offering is NFT Bridge, enabling brands to mint tokens, create a marketplace, and onboard users. Additionally, it has RareRooms, which are in-browser 3D galleries where users can display their collections.
Article continues …
Want the full story? Pro subscribers get complete articles, exclusive industry analysis, and early access to legislative updates that keep you ahead of the competition. Join the professionals who are choosing deeper insights over surface level news.
