NFT Oasis Raises $4.4M in Funding

The NFT Oasis, a provider of a platform for the decentralized creator economy based in Silicon Valley, raised $4.4m in first financing round.

Backers included:

  • Brad Stephens, Managing Partner at Blockchain Capital
  • Lemniscap
  • CitizenX Crypto Ventures
  • Delphi Digital INFINFT and gmoneyNFT
  • FlamingoDAO
  • ID Theory
  • Intellectus Partners
  • Koji Capital
  • Mechanism Capital
  • OzoneX
  • Stateless Ventures
  • The LAO

Formed in March 2021 by Will O’Brien, CEO, the NFT Oasis is a platform for the decentralized creator economy combining non-fungible tokens (NFTs), virtual reality (VR), and decentralized finance (DeFi)

Artists can host gallery exhibitions and panel discussions with guests joining from around the globe. Collectors can curate their own custom galleries in fantastical virtual worlds. Designers and programmers can be hired to build virtual experiences for creators, while independent generalists can work in a decentralized gig economy to support events and help creators gain more recognition.

The flagship platform for the NFT Oasis is AltspaceVR, a social VR platform owned by Microsoft. All of the best social features of a virtual world are included, such as custom avatars, real-time voice and interaction, and events. Users can access the NFT Oasis on an Oculus VR headset and PC/Mac, or watch live and recorded content on any social media platform.

Since April, the NFT Oasis has entered more than 200 artists and musicians to showcase their works in VR.

NFT Oasis is wholly-owned and operated by Provenonce, Inc. The founding team is composed of Will O’Brien, Greg Edwards, Jesse Nolan, and Patrick Booth, Jr.

Published By : Finsmes

NFTRADAR

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