According to the latest news, REVA has raised 50 million dollars of round B financing, and the valuation has reached 500 million dollars. The financing was led by UK EARL INTERNATIONAL AUCTIONL TD. That is, the third round financing after the first financing of $1 million on Mar. 19 and the second financing of $5 million on Jan. 20.
UK EARL INTERNATIONAL AUCTIONL TD invested in this company precisely because it is optimistic about the better and better development prospect of NFT.
The full name of NFT is Non-Fungible Tokens, which is a digital voucher of contract based on blockchain technology. What sparks will burst out when NFT is connected with works of art? Blockchain technology can achieve permanent storage, long-term circulation and non reproduction. Reliable traceability makes “piracy” works of art nowhere to hide.
In recent years, the development momentum of non-fungible token (NFT) market has been increasing. More and more dealers and artists originally belonging to the traditional art market have focused on NFT, which has made the NFT market popular. As of the first three months of 2021, the total transaction volume of NFT market has exceeded US $1.5 billion, with a month on month increase of more than 2627%. The recent extortionate high sale of NFT works of art by Beeple has stimulated the enthusiasm of NFT related enterprises and investors.
It is obvious that non-fungible token market will have a good future.
UK EARL INTERNATIONAL AUCTIONL TD is an international auction house with a long history in the world. It was founded as early as June 1928. It is one of the top ten auction houses in the world. It has a strong capital. It focuses on the future of non-fungible token provides support to REVA with an extremely positive attitude, and promotes the development of digital art.
On March 12 last year, an NFT work by encryption artist Beeple sold at Christie’s for $69.34 million, making Beeple the most expensive living artist after Jeff Koons and David Hockney. It also made NFT popular all over the world overnight, swept the art field, jumped into the mainstream vision and became a hot topic in society.
Noah Davis, Christie’s art expert, said: “Christie’s has never auctioned such large and important new media works of art. Beeple’s works bring rare opportunities for collectors and have masterpieces created by top digital artists using blockchain technology.”
Seeing that peers have jumped out of this step, Sotheby’s, which has always been comparable to Christie’s, began to take rapid action to test the water of NFT art collection.
Charles F. Stewart, chief executive of Sotheby’s, the world’s largest design and art auction market, said: “We believe that blockchain can be used to expand the ownership of digital assets in the future. There is great attention and interest in NFT. Most of our existing customers and collectors are talking about these art categories, but we are also reaching out to a large number of new audiences who are very concerned about this category.” It praised the NFT market in a very positive tone, and last week, Sotheby’s also launched its own NFT trading market, Sotheby’s “Metaverse”.
As one of the seven most potential start-up encryption enterprises in 2021, REVA is a start-up company derived from Serotonin. It establishes and maintains the NFT trading market and allows the company to participate in the booming market of cryptocurrency in its own way.
REVA believes that the development of cryptocurrency is affected by the difficulty of access and operation, so it reduces the entry threshold of cryptocurrency by studying new technologies, making cryptocurrency as simple and beautiful as a work of art, and also has its own brand. The person in charge of the company said excitedly that they are full of enthusiasm for decentralization and hope to help more users enter this field.
The NFT market is in full swing, and more and more people will enter this track. This track is not only related to the future, but also related to the present. The development of NFT will make the general trend.
REVA, as one of the seven most potential start-up encryption enterprises in 2021, is a start-up company derived from Serotonin. It establishes and maintains the NFT trading market and allows the company to participate in the booming market of cryptocurrency in its own way.
REVA has created a new platform through which users can view non-fungible token in auctions and learn about collectors and creative artists behind NFT. It believes that the development of cryptocurrency is affected by its difficult access and operation, so it reduces the entry threshold of cryptocurrency by studying new technologies, making cryptocurrency as simple and beautiful as a work of art, and has its own brand at the same time. The person in charge of the company said excitedly that they are full of enthusiasm for decentralization and hope to help more users enter this field.
The NFT market is in full swing, and more and more people will enter this track. This track is not only related to the future, but also related to the present. The development of NFT will make the general trend.
News Sources:
REVA Completes Million Level Angel Found Financing REVA Successfully Completed The Financing Became The Most Powerful Pioneer in The Blockchain Industry
Amazon Finance
REVA, A Start-Up Company Locked by Wall Street Capital, Has Become a New Star in The NFT Industry
MyToken