Solana-based NFT Utility Protocol Cardinal Raised $4.4M in Seed Round Co-led by Solana Ventures and Protagonist

Solana-based NFT utility protocol Cardinal announced that it has closed a $4.4m seed funding round co-led by Solana Ventures and Protagonist, with participation from Animoca Brands, Alameda Research, Delphi Digital and CMS Holdings. The fund raised will be used to hire staff. Cardinal aims to improve the utility of NFTs by offering NFT use cases such as rentals, staking and ticketing.
Source

Solana

NFT

Fund Raising

Alameda Research

Animoca Brands

Related News
Canada to launch spot Solana ETFs this week: report Canada to launch spot Solana ETFs this week: report
Quantum Cats NFT floor price plunges 54% post-Taproot Wizards mint Quantum Cats NFT floor price plunges 54% post-Taproot Wizards mint
Blur’s decline fuels OpenSea’s market share surge amid broader NFT struggles Blur’s decline fuels OpenSea’s market share surge amid broader NFT struggles
Solana's key SIMD-228 proposal fails to pass validator vote, token emissions unchanged Solana's key SIMD-228 proposal fails to pass validator vote, token emissions unchanged
Transaction fees generated on Solana network fall to lowest weekly amount since September Transaction fees generated on Solana network fall to lowest weekly amount since September
Latest News More More
8 Hours Ago Citigroup predicts stablecoin supply could hit $3.7 trillion by 2030
8 Hours Ago Ark Invest raises 2030 bull-case bitcoin price projection to $2.4 million on 'aggressive' modeling
1 Day Ago Zora airdrop triggers confusion as token launches without announcement, requires users claim manually
2 Days Ago pot bitcoin ETFs see $936 million inflows as 'safe haven' narrative strengthens
2 Days Ago Binance South Africa to require information on senders and recipients for local compliance
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open