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bitsCrunch raises 3.6M in an oversubscribed private round

 

bitsCrunch raises 3.6M in a private round

We at bitsCrunch are delighted to share that we have achieved an oversubscribed private round of $3.6 M, led by Animoca Brands, with involvement from Coinbase, Crypto.com, Polygon Studios, Borderless Capital, MapleBlock, MorningStar, Bison Fund, Shima Capital, and GravityX Capital. 

We aim to make it convenient for users to purchase NFTs by allowing them to select which ones to purchase and, more importantly, which ones to avoid. The money invested in our company will be used to expand our team and focus on guarding a number of well-known blockchains and NFT marketplaces, making the entire ecosystem more reliable and secure for the community. 

Our road map for the future: 

  • Launch of UnleashNFTs (NFT Marketcap),
  • TGE in Q2,
  • Washtrade Detection,
  • Price Estimator, and

We’re excited to show the rest of the community what we’ve been up to. Join us on our discord and telegram channels to provide comments and help us improve.

About bitsCrunch

bitsCrunch – The Most Comprehensive Data-Driven NFT Insights Ever, are dedicated to providing and expanding the ecosystem for crypto enthusiasts in a secure and authentic process. With efficient tools like Price Estimation, Forgery Detection, Washtrade Detection, buyers and sellers can identify digital wash trading, asset forgery, and the true value of assets. 

With bitsCrunch’s securing service, artists and NFT assets are safe. Furthermore, you can integrate these tools into any NFT marketplace. Not just that, bitsCrunch helps you keep up with NFT trends and updates through UnleashNFTs.

Want to know further on collaborating/ Partnership? Click here

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Frequently Asked Questions

NFTs are Non-Fungible Tokens, and in layman terms, representing digital art or collection, video clips of best moments in the sports and entertainment field, gaming skins and collectibles, stored in a distributed ledger powered by blockchain technology. These are unique items and are not interchangeable with another NFT.

Generally, things are valuable when they are scarce. There is only one Mona Lisa. There are only 59 Le Bron James dunking NBA Top Shots (one of which sold for $US387,000).

The primary difference between the two is that unlike cryptocurrency and digital currency, NFTs cannot be traded for each other as they are unique. representations of real-world assets. Cryptocurrencies and digital currencies can be traded for each other as there will be no loss to their value.

An NFT is a unique digital signature that you can attach to an asset. Whether that’s a song, or an image, or a piece of footage, a unique digital signature is like a fingerprint that contains information like who created the asset, when, and any conditions on its future sale (for example, whether or not the creator gets a percentage of when it is on-sold).

BCUT is the native digital utility token, it provides access to bitsCrunch services and the bitsCrunch network.

BCUT is the native digital utility token, it provides access to bitsCrunch services and the bitsCrunch network. It is designed to play a vital role in the functioning of the bitsCrunch ecosystem and is intended to be solely used as the primary utility token on the network.

We are a Cross-functional team with more than 25+ years of experience in Data Analytics & Artificial Intelligence and Blockchain. We already have all the NFT data since its inception. We blend our AI expertise with the Blockchain to bolster the NFT ecosystem.

We have built a model to identify the impersonation of artworks, thereby preventing the Provenance of the artist and the artwork. We are offering our services in a SaaS manner, wherein the customers can stake a certain amount of our native tokens to avail our services.

We haven't launched our BCUT Token yet, but we will send out a confirmation on the launch of the token on our official website and official Telegram channel.