In an exciting development, Metagood, a leading blockchain and digital assets company based in Redmond, Washington, has successfully secured $5 million in series seed funding. This significant investment, led by Sora Ventures and joined by prominent investors like ACTAI Ventures, Bitcoin Frontier Fund, UTXO Management, London Real Ventures, and Peach.xyz, is a key milestone for Metagood's ambitious project—advancing the development of its Osura marketplace, specifically tailored for art within the Bitcoin ecosystem.
Metagood, under the leadership of CEO Danny Yang and a dynamic founding team with extensive experience in both Bitcoin and Ethereum, has been a trailblazer in the blockchain and digital assets realm. Notable team members include COO Amanda Terry, formerly of Twitter, and Chairman Bill Tai, a crypto pioneer with a successful track record as an early investor in Zoom and other ventures.
The series seed funding is part of Metagood's larger financing endeavor of $10 million, showcasing the company's commitment to redefining industry standards by merging technology, art, and community engagement in the Bitcoin digital asset marketplace.
At the forefront of Metagood's initiatives is Osura, their NFT Marketplace, designed as a premium Ordinals platform for art on Bitcoin. The Ordinals protocol, just a year old, has introduced innovative ways to store and secure high-value assets on the Bitcoin blockchain. Metagood is actively building the infrastructure to launch and trade assets developed on the Ordinals protocol, starting with art on Bitcoin.
Beyond creating a marketplace, Metagood envisions ushering in a new era of digital ownership by facilitating seamless transactions of real-world assets on the blockchain. The company's commitment to innovation is evident in its collaboration with artists to immortalize their creations on Bitcoin, a blockchain known for its unparalleled security and longevity.