Mark Cuban’s venture capital firm Radical Investments has invested in CryptoSlam, an aggregator of non-fungible tokens (NFTs) collectibles data. If you’ve seen statistics about the total trades for any NFT platforms such as CryptoPunks or NBA Top Shot, the data has likely come from CryptoSlam or NonFungible.com. Aloomii Inc, Troon Technologies, and GeoAds LLC also participated in the funding round, although the amount raised was not disclosed.
CryptoSlam was founded as a website by Randy Wasigner in 2018 with the initial purpose of tracking Major League Baseball Champion’s collectibles. That was the MLB’s first foray into NFTs but has since been discontinued. Topps, the company that has licensed MLB collectible cards for years, announced the launch of MLB’s latest NFTs just last week. CryptoSlam grew and the first version of what it is today was launched at the beginning of 2019.
“As a life-long collector of sports cards and memorabilia, I was instantly drawn to the collectability of NFTs and the need to organize NFT data in a way that made sense to both collectors and those who saw NFTs as an investment opportunity,” said Wasigner. “After launching the first version of CryptoSlam in early 2019, I saw the enthusiastic response from fellow NFT collectors and knew we could be on to something special.”
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