Full-service investment company Genesis Block Ventures (GBV) announces an investment in FM Gallery. FM Gallery is a blockchain-based distribution platform for NFT artworks.
Collaborating with top artists, galleries and auction houses, FM Gallery focused on releasing physical and virtual crypto artworks on its proprietary blockchain. It aims to transform art and fashion with its innovative Art Fragments, as well as autonomous fan communities supported by DAO.
Genesis Block Ventures participated in FM Gallery’s private round of over $1 million funding.
Other participating institutional investors participated in the round include AU21, YBB Foundation, AlphaCoin Fund, Hotbit, Legos Capital and Crasolum Ventures, as well as renowned individual investors and influencers such as Yemu and Edna.
Crypto, and specifically NFTs, are accelerating the trend of global creators monetizing directly with their fans. We see the enormous potential ahead for NFTs to offer fundamentally better economics for creators.
To truly unlock NFT’s potential in art and fashion, the market needs a user-friendly product that attracts mainstream customers to the art market. This is exactly what FM Gallery is doing with their global and seamless NFT distribution platform.
NFT Blind Box Sale
We are also pleased to recognize FM Gallery’s effort and achievement in community development, to win the hearts and minds of the massive China audience base. FM Gallery’s concise market insight and robust go-to-market strategy put it in a unique position to spark the adoption of NFT artworks among Chinese collectors.
Within a short period of its inception, FM Gallery has partnered with multiple internationally recognized artists including Chad Knight, Peter Mohrbacher and NFN Kalyan. Their digital artworks are released on FM Gallery among its first batch of NFT assets, in the form of blind boxes.
We are looking forward to FM Gallery’s functions in the pipeline, such as DeFi, NFT staking, and voting through DAO. Powered by its governance token $WAH, these features will allow collectors and artists to have a sustainable and symbiotic relationship.
As an investment company with a mission of building the future through blockchain technology, Genesis Block Ventures has built a wide-reaching, vibrant blockchain ecosystem, and has grown a thriving network to form an effective ecosystem for all aspects of blockchain, crypto, and decentralized finance (DeFi) projects.
Through the investment, Genesis Block Ventures will help further expand FM Gallery’s opportunities in the crypto and NFT space. We are excited to participate in FM Gallery’s journey to become the top-tier platform for artworks and fashion toys!
About FM Gallery
FM Gallery is a blockchain-based distribution platform for NFT artworks. We strive to empower the world of arts and fashion with innovative art fragments as well as autonomous fan communities.
With blockchain technology, an artwork can be divided into several fragments. Each fragment, represented by an NFT, contains a unique art story. By collecting fragments, users are able to complete the artwork and redeem the completed NFT for physical artworks. Collaborating with top artists, galleries and auction houses around the world, we will continue to release physical and virtual crypto artworks on our blockchain.
About Genesis Block Ventures
Genesis Block Ventures (GBV) is a full-service investment company closely working with Genesis Block HK, Asia’s leading digital asset over-the-counter (OTC) trading center.
As a private investment company with a mission of building the future through blockchain technology, Genesis Block Ventures is an active participant in the DeFi revolution, and has grown a thriving network to form an effective ecosystem for all aspects of blockchain, crypto, and DeFi projects.