OKX Ventures, the investment arm of popular crypto platform OKX, has announced its investment in the community-based NFT (non-fungible token) marketplace and aggregator, AlienSwap. The investment will allow AlienSwap to scale operations and establish itself as the leading NFT marketplace. AlienSwap beta version launched only two months ago but has already seen a cumulative trading volume of over $50 million. With the new funding from OKX Ventures, AlienSwap aims to consolidate its position as one of the major players in the NFT ecosystem.
Dora Yue, the founder of OKX Ventures, expressed optimism about the NFT market’s long-term prospects, considering the sector’s trading value is expected to reach nearly $24.7 billion in 2022. With this investment, OKX Ventures aims to make AlienSwap a more efficient NFT marketplace and reshape the competitive landscape within the sector.
AlienSwap’s founder, Ying Mu, was thrilled with the investment and emphasized the platform’s plans for growth. The investment will be used to expand the engineering team, develop new liquidity tools and trading products, and invest in NFT infrastructure. Mu emphasized that the core team of AlienSwap and all investors share the same goal: to build a leading NFT trading platform through product innovation and community building.
AlienSwap’s rapid growth and success in the NFT market have caught the attention of OKX Ventures, who are keen on supporting and funding high-potential projects in the crypto space. With the new funding, AlienSwap is well-positioned to expand its trading experiences and build a strong community for NFT users and creators.
Overall, OKX Ventures’ investment in AlienSwap represents a significant step towards establishing AlienSwap as a serious competitor in the NFT ecosystem. Through innovation and a growing community, it seeks to provide users with a more seamless trading experience and lay the foundation for a thriving NFT market.
According to https://alexablockchain.com/okx-ventures-backs-alienswap/
The material in this article is written on the basis of another article.