Colexion, the authenticated celebrity nonfungible token (NFT) platform, has raised more than $5 million for its team to build the infrastructure necessary for bringing NFTs into the mainstream.
Colexion raises the bar for the broader NFT industry by going beyond what traditional trading platforms offer to artists and collectors. The platform offers access to a personalized virtual museum, various play-to-earn games, virtual tournaments and the metaverse.
Colexion has grown to become Asia’s largest NFT marketplace, attracting the attention of various investment firms and private supporters. The team raised $1.8 million in the seed round and $3.2 million from a private round. Combined, both rounds saw contributions from Polygon, Jump Trading, Alan Howard of Brevan Howard Asset Management, Hyperedge Capital, C2 Ventures, GSR Markets, Oracles Investment Group, Gains Associates and several other prominent names such as ZBS Capital, ICO Pantera, Titan Ventures, Good Games Labs, Maven Capital Partners and more.
Colexion’s native utility token, CLXN, will come to numerous launchpads, including Red Kite, Prostarter, Scaleswap, FireStarter and more. Additionally, both the token and Colexion NFTs will trade on the built-in marketplace and multiple A-tier exchanges.
Colexion’s primary focus is licensing celebrity NFTs while ensuring they remain affordable for the masses. Celebrities include major Indian movie stars, international cricket players, and other global sports and movie stars, with every NFT being unique. Colexion has already acquired the exclusive rights of several dozen international sporting leagues and athletes, in addition to Bollywood, Tollywood and television stars.
Additionally, users can experience a virtual museum of legendary celebrities depicting their life journeys. Ecosystem users will also enjoy various tournaments, concerts and a deeper foray into the metaverse where a diverse community can come together to achieve a common goal.
Colexion has continued to build momentum after a recent NFT drop of 30 international celebrities, making it the largest NFT drop in this category to date.
Colexion is a licensed celebrity NFT platform that makes it affordable for the masses to own a piece of their favorite superstars — from major Indian and global movie stars to international cricketers and other sports stars. Each NFT will be unique to its fandom.
Colexion endeavors to receive more exclusive licenses from celebrities worldwide to keep adding value to its metaverse and virtual games.