The newly launched firm is home to Pixel Vault’s popular NFT franchises PUNKS Comic and MetaHero, which provides collectors the opportunity to buy, sell and trade characters and vote on major developments of the universe.

“Pixel Vault projects are built with the key tenets of Web3 at the center – community empowerment, decentralized governance, and true digital ownership,” said Pixel Vault, Inc. founder and CEO GFunk, a/k/a Sean Gearin. “We do not look at the fan as the customer – our fans are the owner and the builder.”

“I bought 10 PUNKS Comics during the initial public sale and was fascinated by Sean’s unique view at the time that NFTs are the medium, not the product,” said Velvet Sea partner Michael Lazerow, who has joined Pixel Vault board of directors as part of the transaction. ”Intellectual property is the product.


The world of NFTs is bizarre, confounding and exhilarating. Detractors see a space full of capital-obsessed hucksters who want to choke all of the lasting value from popular culture, while boosters see a new technological revolution that can transform how value from online media is actually created and captured.

This past year, institutional investors have seemed to grow obsessed with NFT opportunities — a space few of them examined seriously before 2021 — dropping billions of dollars into equity investments in startups including Dapper Labs, OpenSea and Sky Mavis.

Investors’ latest NFT bet is on a startup called Pixel Vault — a massive NFT collection of superheroes that has the goal of growing into a decentralized Marvel-esque empire.

Pixel vault nft 100m velvet season

Current Velvet Sea Ventures portfolio companies include Scopely, eToro, Liquid Death, LeoLabs, Autograph, Strigo, SuperRare, Elementus and Pixel Vault. A full list of portfolio companies can be found here.

About 01 Advisors 01A is a venture capital firm focused on helping companies grow after they’ve obtained product-market fit. Founded in 2018 by former at-scale operators, Dick Costolo (Former Twitter CEO) and Adam Bain (former Twitter COO), the firm takes a unique CEO coaching and advisory approach making multi-stage investments in Consumer, Fintech, Gaming, Web3, and B2B companies.

Pixel vault nft 100m velvet season официальный сайт

(MENAFN- GlobeNewsWire – Nasdaq)

NEW YORK, Feb. 02, 2022 (GLOBE NEWSWIRE) — Pixel Vault, Inc. announced today a $100M investment by Velvet Sea Ventures and 01A to launch the first multi-franchise NFT development platform that allows artists, creators and collectors to participate in the ownership of digital content. The new company will support the growth of crypto-native communities across a wide variety of mediums – NFTs, television and movies, video games and more.

Since launching in May 2021, Pixel Vault NFTs have generated close to 100,000 in ETH in primary and secondary transactions, making it one of the most popular NFT collectible projects in history behind only Yuga Labs, developer of the Bored Ape Yacht Club franchises, and Larva Labs, creator of the Cryptopunks.

Pixel vault nft 100m velvet seac

A’s Adam Bain accrued a different role, as he will instead serve as a ‘board observer and advisor’.

As expected, the parties have taken to online spaces to express their excitement for the new, pioneering platform. In a recent statement regarding their link-up with the VC giants, GFunk reinforced the fundamental value behind Pixel Vault, that is, that fans are the true owners and builders of everything involved in decentralized governance and digital ownership.

Lazerow, on the other hand, took to social media to chronicle and show admiration for the Pixel Vault story: “The story of Pixel Vault and the story of digital ownership are intertwined and will be written over the next few years. The best thing about Web3 stories are that they can now involve you.

VeeFriends was introduced in May 2021 thanks to celebrity influence and by Gary Vaynerchuk, CEO of VaynerMedia.

According to a Medium post, VeeFriends plans to use the seed money to grow its intellectual property (IP) of the 283 VeeFriends characters across physical and digital channels. The platform intends to hire new personnel as well.

General partner at Andreessen Horowitz Chris Lyons tweeted more information on his business’s support of the “developing Web3 company.” Vaynerchuk’s spokeswoman declined to comment.

Lyons commended VeeFriends and Vaynerchuk’s “commitment to assisting his community members’ personal improvement,” saying they “reflect the essence of business.”

Each cartoon animal, such as a “intelligent wasp” and a “kind gerbil,” was hand-drawn by Vaynerchuk in the doodle art style and given a particular human characteristic.

Pixel vault nft 100m velvet sear

I am a proud token-carrying member.”

2021 will be remembered as the breakthrough year for NFTs as total sales topped $25 billion, according to DappRadar. Pixel Vault was at the forefront of the growth with several important milestones:

  • 104,000 unique Pixel Vault NFTs generated close to 100,000 ETH in total transactions
  • Pixel Vault launched a first-of-its-kind serialized media property, PUNKS Comic, and successfully sold out all editions
  • Pixel Vault’s second project, MintPass, sold 10,000 MintPass NFTs, each one redeemable for a MetaHero hero or villain
  • Pixel Vault launched the MetaHero Universe, a metaverse governed by the thousands of fans who purchased membership tokens
  • Pixel Vault spearheaded a ground-breaking partnership between PUNKS Comic, Bored Ape Yacht Club, GMoney and Adidas.

The Pixel Vault team has expanded the story and lore of some of the most beloved static on-chain assets through PUNKS Comics, an NFT comic that seeks to bring the Cryptopunks NFTs and other on-chain assets to life. Further, Pixel Vault is the creator of the MetaHero Identities, a blockchain-based collection of villains and heroes, and the MetaHero Universe, a social and gaming platform that is governed by the planet token holders.

About Velvet Sea Ventures Velvet Sea Ventures is an operator-led venture capital firm that goes beyond capital to help entrepreneurs turn their visions into reality. Built by a family of entrepreneurs, VSV couples seed-to-growth stage capital investment with unconditional hands-on strategic support and guidance.

The 01 Advisors group is helped by former Twitter CEO and CFO namely Dick Costolo and Adam Bain respectively. Earlier, 01 Advisors and Velvet Sea Ventures co-supported a $25M Series A funding in Autograph NFT marketspace.

The co-founder and managing partner at Velvet Sea Ventures, Michael Lazerow shared the news about the new firm and its vision on his LinkedIn handle. He emphasized the potential of Web3 storytelling that helps users to immerse themselves completely.
The spearhead added that the story of Pixel Vault and digital ownership are interrelated and will be created in the near future. Lazerow will join Pixel Vault’s board of directors and Adam Bain will join as a board observer and adviser.

Current Velvet Sea Ventures portfolio companies include Scopely, eToro, Liquid Death, LeoLabs, Autograph, Strigo, SuperRare, Elementus and Pixel Vault. A full list of portfolio companies can be found here.

About 01 Advisors 01A is a venture capital firm focused on helping companies grow after they’ve obtained product-market fit. Founded in 2018 by former at-scale operators, Dick Costolo (Former Twitter CEO) and Adam Bain (former Twitter COO), the firm takes a unique CEO coaching and advisory approach making multi-stage investments in Consumer, Fintech, Gaming, Web3, and B2B companies.

And second, 01A and Velvet Sea have experience funding and building widely recognized global internet brands. I could not have found more fitting partners.”

Pixel Vault is the second recent collaboration between 01A and Velvet Sea. The firms co-led a $25M Series A investment in NFT marketplace Autograph, which announced earlier this month the closing of a Series B funding totaling $170M co-led by a16z and Kleiner Perkins.

About Pixel Vault Pixel Vault, Inc.
is a web3-centric media company focused on the development of narratives and stories that elevate crypto-native assets across a variety of mediums. Through unique on-chain mechanics, decentralization and game theory, Pixel Vault aims to engage collectors with their NFTs and build a robust ecosystem for collections.

A limited edition UNO deck has seventeen of these characters.

Some of those “important traits for mankind,” such as tolerance, patience, and sincerity, were found by Lyons to be motivating to the neighborhood.

Each token entitles the bearer to entry into the VeeCon conference, the inaugural of which was held in Minneapolis this past May. The tokens are divided into three levels based on rarity, backdrop color, and level of access to Gary Vaynerchuk and VeeCon.

VeeFriends reported that in its relatively brief existence, the collection had generated over 200,000 ETH in main and secondary transactions. It ranks in the top 30 collections on OpenSea for all-time trading volume.

VeeFriends Series 2, a spin-off collection featuring additional characters, was launched earlier this year.

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