Crypto.com Capital, the investment division of leading cryptocurrency exchange, has invested in newly created multi-chain non-fungible token (NFT) marketplace, HoDooi.com.
Crypto.com Capital which is focused on investing in crypto start-ups at Seed/ Series A stages will also extend its support beyond funding. According to the report, Crypto.com Capital team will help integrate HoDooi.com network onto Crypto.org Chain.
@cryptocom Capital makes strategic investment into $HOD and https://t.co/OM63HTuHIA🚨
Supporting in https://t.co/OM63HTuHIA's vision to become the “@eBay of NFTs” 🗣#NFT #NFTs #NFTCommunity #BSC #NFTArt pic.twitter.com/XHJrDwbDTK
— HoDooi.com (@hodooi) June 18, 2021
Saddled with the same mission as its parent company, Crypto.com Capital also aims to accelerate the world’s transition to cryptocurrency. Investing in HoDooi.com will further that mission by integrating the NFT marketplace on Crypto.org Chain.
Notably, Crypto.org Chain is a public, open-source and permissionless blockchain that empowers the future of payments in digital currency. The chain recently completed the first mainnet upgrade and will be able to provide HoDooi.com‘s creators, and collectors with better options.
While the amount invested wasn’t disclosed, Bobby Bao, of Crypto.com Capital, noted that the firm was impressed with the involvement.
He said, “We were impressed by Matt’s track record at Travala, and jumped at the opportunity to support him in his latest venture. We’ve been actively investing in NFT-oriented businesses and are proud to add HoDooi.com to our portfolio.”
About HoDooi.com
HoDooi.com is the multi-chain marketplace that enables users create, buy, and sell NFTs in a decentralized permissionless environment based on the Binance Smart Chain blockchain.
The NFT marketplace was founded by Matt Luczynski and is scheduled to officially launch on BSC in the third quarter of this year. Furthermore, it will also be integrated with Ethereum in Q3.
Luczynski, HoDooi.com CEO, in a statement expressed delight with Crypto.com Capital investment. He noted that the partnership has been envisaged since the NFT marketplace was still an idea.
“[…] With our progress and now focus on the HOD token and platform release, we are honoured to have completed this investment with a long-term vision for disruption within the space,” he added.
HOD TOKEN IS LIVE 🚨
You can now buy HOD on @PancakeSwap 🥞
Official Pancake Swap link: https://t.co/oXq5pn3Ghz
DEX Tool Link: https://t.co/bpDgmvfca9
Official HOD token contract address: 0x19A4866a85c652EB4a2ED44c42e4CB2863a62D51
Please be aware of scam ⚠️#HOD pic.twitter.com/sB4Zbfj5Ry
— HoDooi.com (@hodooi) June 14, 2021
Notably, the platform has also secured other partnerships to usher in high-profile sporting athletes to HoDooi.com. Moreover, the NFT platform partnered Gold Star Promotions and Plogix Art Group to help mainstream artists enter the NFT space on a user-friendly platform.
Heavyweight boxing champion, Tyson Fury is releasing his very first NFTs collection exclusively on the platform. It is a five collection of NFTs from the Fury popular referred to as the Gypsy King.
Don’t forget about the @Tyson_Fury #NFT collection with the chance of winning a digitised/physical 1/1 NFT 🥊
Exclusively on https://t.co/OM63HTuHIA in partnership with Gold Star Promotions, bidding starts 12th July🗓
Created in collaboration with @fomo_lab X @GeorgeRolloArt pic.twitter.com/rnHu8oD212
— HoDooi.com (@hodooi) June 18, 2021
CRO Price
As of the time of publication, Crypto.com CRO price has risen by 0.5% over the last 24 hours. CRO was trading at $0.092003 with a 24-hour trading volume of $70,646,362, and a market cap of $2,342,979,217.
Meanwhile, HoDooi’s (HOD) was trading at $0.050814 with a 24-hour trading volume of $517,064.
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