Freeverse.io raises $10.5M for NFT assets that can change over time

05/10 08:00

According to VentureBeat, Freeverse.io has raised $10.5 million for blockchain-based assets that can change and evolve over time, enabling a new kind of digital ownership. Barcelona, Spain-based Freeverse said it is creating “living assets” based on non-fungible tokens (NFTs), which so far use the blockchain to authenticate unique digital items. The company is targeting game developers and brands, such as those interested in creating virtual avatars and digital versions of their products. Freeverse.io will use the investment to fund a strong go-to-market push, as well as to continue the development of the product and core technology.

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