Colecti Raises €470,000 to Launch an NFT Marketplace on Lisk

Colecti Raises €470,000 to Launch an NFT Marketplace on Lisk

Colecti, an up-and-coming NFT marketplace, has secured a €470,000 equity investment from Lisk, a leading blockchain platform. The investment is part of Colecti’s pre-seed fundraising strategy and will be followed by a token sale starting on April 24th, 2023. The funds raised will help the company scale up and establish a thriving market for NFTs.

As the first NFT marketplace on the Lisk blockchain, Colecti aims to provide a user-friendly platform with low transaction fees, making it accessible for creators and collectors of all experience levels. The token sale proceeds will be used to expand the team, improve platform features, and accelerate growth.

Colecti has plans to further decentralize the platform by implementing a DAO (Decentralized Autonomous Organization). This move will enable validators to receive 50% of the platform commission in LSK tokens in addition to COL block rewards. The DAO will also offer opportunities for COL holders to participate in curation, decision-making, proposal voting, and shaping the project’s direction.

This investment marks a significant milestone for Colecti as it seeks to create a bright future for NFT technology within the Lisk ecosystem.