NFT Labs is proud to announce the completion of a private round valued at $1,062,600 for it’s ITSMYNE marketplace. The team plans to organize an Initial DEX offering (IDO), through CardStarter. That IDO will help achieve a fair distribution of the project’s native token.

NFT Labs’ ITSMYNE social plus marketplace for licensed sports NFTs continues to draw attention from both investors and enthusiasts of non-fungible tokens. A private round of funding was completed by the team, which is valued at more than $1 million. This round included Shima Capital and AU21 Capital as well as OraclesInvestment Group and Kangaroo Capital. BlockStart Ventures, CyberFi were also part of the investment round.

NFT Labs’ and ITSMYNE’s previous successful investments rounds led to the private financing round. The total amount raised by the public rounds is $1.97million, which includes a $207,000 seed round, $200,000 strategic and $500,000.400 public rounds. The main draw of ITSMYNE is how it is designed for NFT enthusiasts to “talk and trade NFTs.”

NFT Labs comments about the funding:

“We think the NFT industry could accelerate its collective forward momentum by tapping into premium IPs. This is especially true for sports and cinema. They are highly connected but untapped industries and lack the collaborative ecosystem that a motivating community can provide.
Users can immediately start collecting NFTs through the ITSMYNE platform. Non-fungible tokens that are not fungible are all officially licensed. They are also part of an exclusive collection, which is directly from their source. NFT minting of ITSMYNE requires less energy that NFT printing on the blockchain. The green initiative is focused on ensuring a secure future in blockchain technology for all.

An Initial DEX Offering (IDO), which will bring MYNE tokens to more people, will be offered on CardStarter’s platform. MYNE tokens will allow users to gain access to the ITSMYNE platform as well as its partners products. Antler Singapore, LonghashX Filefcoin Frontier Accelerator and HYPE Sports Innovation are some of the ITSMYNE Accelerator partners.

Aatash Amir, CardStarter CEO, comments about the MYNE IDO.

Cardstarter is happy to announce a new project in the social-token economy. ITMYNE is a unique niche which will one day serve as the link between traditional social media platforms and blockchain-based social economics.

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