Genesis Block Ventures (GBV), a full-service investment company, announced its investment in PolkaRARE, a Polkadot-powered NFT platform. GBV will direct the investment to the development of PolkaRARE to allow anyone to create, trade, and discover NFTs.
By sourcing unique and scarce digital assets, PolkaRARE wants to build a Web3 economy for NFTs and bring its offerings to the mainstream population, aiming at the mass adoption of NFTs.
PolkaRARE Stands Out In NFT Space
PolkaRARE’s multi-chain operability has made it a unique NFT marketplace. It is powered by renowned blockchain networks such as Polkadot, Polygon (formerly known as Matic Network), Ethereum, and Binance Smart Chain (BSC).
PolkaRARE thus gains an edge, offering successful social features, gasless transactions, and a 3D art gallery to its users. Its NFT price discoverability protocol provides additional benefits, allowing its users to explore the actual value of their NFTs.
In a short span, PolkaRARE has established partnerships and investor relationships with notable industry leaders such as AU21 Capital, Astronaut Capital, Block Dream Fund, X21, DFG, Moonrock Capital, Morningstar Ventures, Blocksync Ventures, among others.
GBV Envisions A Blockchain Future
GBV has a mission to build the future using blockchain technology. Their investments are directed towards promising blockchain startups by giving them the strategic partnerships and guidance they need to gain stability and success.
GBV has invested in Serum, Alpha Finance, Chain Guardians, Ethernity Chain, and SuperFarm. PolkRARE has impressed GBV with the way it leverages DeFi and merges it with NFTs to provide a lending service using NFTs as collateral.
Users and investors can put up their NFTs as collateral and acquire endless possibilities to yield profitable returns. Leslie, Co-Founder, and Partner at Genesis Block Ventures noted,
“To truly unlock NFT’s potential in unique and scarce digital assets, the market needs a high-performance, easy-to-use platform that attracts mainstream customers. This is what PolkaRARE is doing with their multi-chain NFT marketplace. We are positive that this project will be an overwhelming success and are delighted to offer them all of our support.”
PolkaRARE is a multi-chain NFT marketplace powered by Polkadot, Polygon, Ethereum, and Binance Smart Chain, that supports unique digital assets through the Web3 economy. It has a native token, PRARE.
This token is a governance token used for staking rewards, transactions, exchanges of assets, and farming NFTs. PolkaRARE will showcase rare NFT collections of licensed art, music, and sports cards on its platform.
About Genesis Block Ventures
Genesis Block Ventures (GBV) works closely with Genesis Block HK, Asia’s leading digital asset over-the-counter (OTC) trading center. GBV is a full-service investment company keen on establishing relationships with blockchain-based startups that provide unique services.
GBV is a huge proponent and supporter of DeFi and has built an effective ecosystem for all types of blockchain, crypto, and DeFi projects.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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