MynaSwap raised its inaugural round at a $50 million valuation.
are moving into the web3 space with a new trading platform called MynaSwap.
Investors include the Avalanche ecosystem fund Blizzard, Spartan Capital, Wave Financial and NFL superstars Odell Beckham Jr. and Kyler Murray, according to a company release.Coolkicks is a collectible sneaker retail chain founded by sneakerhead Adeel Shams. “The blockchain aspect allows you to do this much easier than the web2 [technologies],” said Shams in an interview with The Block. “There's no brand out there that's doing this currently and we feel like with the brand that we built in the last six to eight years and the relationships we've fostered, we feel like we could take the space over.”MynaSwap is a platform that enables individuals to discover, buy, sell and trade collectibles around the world.
“This is a common denominator across a lot of these verticals, whether it's sneakers, watches, sports, cards, wine,” Singh said. “A lot of times collectors will keep a small portion of the collection at home, but they don't necessarily need to keep 65 watches at home, right? They might keep three or four of their favorites and the rest they can vault it.”“In that case, it will just go through our outbound process,” Singh said.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
MTA to add cameras to buses along with 9 routes; fines start at $50In the coming weeks, 300 MTA buses along nine routes will be outfitted with cameras that snap pictures of drivers who break the law.
Read more »
Save $50 on the Xbox Series S and get an extra controller for freeThe Xbox Series S is $50 off with an extra controller thrown in for free
Read more »
Bitcoin Miner Marathon Invested $31.3M in Bankrupt Data Center Compute NorthOne of the largest bitcoin miners, MarathonDH said it has a total of more than $30 million in investments in a bankrupt data center computenorthllc. Reports Aoyon_A
Read more »
Florida has a flood problem and insurance problemHurricane Ian could cause insured losses of over $50 billion, making it one of the costliest storms on record. But over 80% of the state’s homes lack flood insurance, and because premiums are skyrocketing, more residents are hitting up the state’s insurance program.
Read more »
NFL superstars back Coolkicks founder's $6 million raise for collectible trading platformNFL superstars back Coolkicks founder’s $6 million raise for collectible trading platform
Read more »