What is MakersPlace?
MakersPlace stands as the premier NFT marketplace dedicated to digital art, established in 2018. By leveraging blockchain technology, the platform ensures the authenticity, rarity, and ownership of digital artwork for both creators and collectors. MakersPlace has distinguished itself through its commitment to accessibility, notably being the first NFT marketplace to accept both cryptocurrency (ETH) and traditional fiat payments (USD) via credit card transactions. This inclusive approach has been instrumental in attracting a broad mainstream audience and propelling digital art and NFTs onto the global stage, exemplified by the landmark sale of Beeple's 'Everydays: The First 5000 Days' for $69.3 million in collaboration with Christie's.
How much funding has MakersPlace raised?
MakersPlace has raised a total of $32M across 2 funding rounds:
Angel/Seed
$2M
Series A
$30M
Angel/Seed (2019): $2M, investors not publicly disclosed
Series A (2021): $30M led by Pantera Capital, Uncork Capital, Draper Dragon, and Bessemer Venture Partners
Key Investors in MakersPlace
Pantera Capital
Pantera Capital is a blockchain-focused investment firm that backs founders and digital asset networks, combining venture and hedge strategies to give investors broad exposure to cryptocurrencies, token projects and companies shaping future financial infrastructure.
Uncork Capital
Uncork Capital is a seed-stage venture firm that commits early to startups and remains involved to provide critical support. The firm focuses on assisting companies through the challenges of early growth, aiming to build lasting partnerships.
Draper Dragon
Draper Dragon is a cross-border venture fund founded in 2006 that connects Silicon Valley and Asia, focusing on early-stage companies in the blockchain and Web3 sectors. The firm partners with visionary founders to drive innovative solutions and has a global presence.
What's next for MakersPlace?
The substantial enterprise-level funding and recent strategic investment signal MakersPlace's readiness for significant scaling and market expansion. With a clear mission to foster a vibrant future for digital creativity, the company is well-positioned to further solidify its leadership in the burgeoning NFT space. Future developments are likely to focus on enhancing platform capabilities, expanding creator and collector communities, and potentially exploring new avenues for digital asset monetization and engagement, building upon its established reputation for innovation and accessibility.
See full MakersPlace company page
