Company Verisart, leading in based on blockchainie certification of works of art, raised 2,5 million dollars in the investment round. This capital injection will be intended for the further development of the platform, whose contribution to the world of art is appreciated by more and more entities.
Investment round and funds for the further development of Verisart
Verisart becomes a leader in the field of certifying works of art, while being the first company to use technology for this purpose blockchain.
During the last financing round in which they participated Galaxy Digital EOS VC Fund, Sinai Venture and Rhodium, she managed to raise as much as 2,5 million dollars for further development of her business.
As the founder of the startup argues, Robert Norton, thanks to these measures, not only will the scale of the company's operations expand, but also cooperation with new partners will be established.
He emphasized that blockchain technology provides art with a completely new standard of documenting, which is why the development of this area is so important.
The acquired funds will also be allocated to employing new, qualified employees and introducing a package of premium services dedicated to representatives of the artistic world.
Close to modern technologies
It is hard not to notice that Verisart has been showing great interest in modern technologies for several years.
Apart from the use of blockchain technology, the company has repeatedly established cooperation with representatives of the technology industry, such as eBay, Art Systems or Desing and Artists Copyright Society (DACS).
At the same time, Verisart cooperates with known and respected artists, thus becoming an important participant in the world of art.
It is also worth mentioning that the startup won the 2018 award "Hottest Blockchain DApp"During the European technology startup competition The Europas.
This year, however, Verisart introduced a blockchain-based application Verisart Shipity.
It is available to over 600 thousands of stores, offering them digital certification of limited art collections.
Verisart is currently a global leader in the certification of works of art and their verification using blockchain technology.
The company has a decentralized register of titles, ensuring the highest level of security and liquidity on the art market.
The platform's client group includes both artists and museums, galleries and auction houses.