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Quidd NFT Marketplace Raises $5 Million Through Token Launch

Blockchain trailblazer, Animoca Brands, is making headlines once again. This time around, it has raised an incredible $5 million via its innovative NFT marketplace, Quidd.

Quidd achieved this impressive feat via the sale of its new governance token, $QUIDD. Therein, launching a series of private pre-sales and an initial DEX offering (IDO). These sales attracted a number of industry heavyweights, including the Binance Smart Chain Growth Fund, Genesis Block Fund, Kingsway, and more. Plus, a number of significant angel investors.

The sale occurred on Polkadot project incubator Polkastarter, and sold for an initial price of $0.25. However, as of writing, $QUIDD is riding high at $3.34, a huge increase from the IDO. The token is now listed on BSC Dex, Pancakeswap, and is consequently tradeable for wrapped BNB. Plus, a number of Animoca-owned tokens, including $REVV, $TOWER, $LMT, $PROS, and $BONDLY.

Quidd is a new kind of NFT marketplace, aiming to shake things up in the non-fungible world. Therefore, the platform offers a chain-agnostic philosophy, allowing buyers and collectors to choose which network to mint their digital assets, while the $QUIDD token itself also enables governance by providing owners with voting rights within the marketplace. Quidd offers official licensed collectibles featuring hundreds of the world’s best-loved brands. Currently, over 7 million users frequent the platform, which plays host to over 2 billion digital artworks.

Check out the Quidd NFT Marketplace >> Here

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*All investment/financial opinions expressed by NFT Plazas are from the personal research and experience of our site moderators and are intended as educational material only. Individuals are required to fully research any product prior to making any kind of investment.

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