NFT market’s RARI token sees 100% gain after CoinFund investment

[Lenipiw]

NFT marketplace Rarible has received an undisclosed investment from CoinFund amid a transition to community governance. New York-based crypto investment firm CoinFund has made an undisclosed investment into the digital art-focused non-fungible token (NFT) marketplace, Rarible.

According to a September 8 announcement from Rarible, funds from the pre-seed round will be used to develop a “community-governed” NFT marketplace. The Rarible platform launched earlier this year and began issuing its RARI governance token this week — with RARI doubling in price since trade commenced on Uniswap 24 hours ago.
Visit here: https://cointelegraph.com/news/nft-market-s-rari-token-sees-100-gain-after-coinfund-investment

[highnayem34]

In a blog post from CoinFund announcing the investment, the firm predicts that “all digital content is going on-chain,” emphasizing the “staggering diversity of online digital content that can be placed on a blockchain in the form of NFTs.”

[CryptoZebra]

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