Full-service investment company Genesis Block Ventures (GBV) announces an investment in NFT issuance and trading platform 1MillionNFTs.
Built on Ethereum, 1MillionNFTs is an innovative NFT (non-fungible token)-powered platform with 1000 x 1000 pixels grid. It enables all types of users to buy, sell, rent and paint them to create any picture with any link inside.
1MillionNFTs innovates in a dual-token model to engage a wider audience into the burgeoning NFT space. There are two types of tokens: ERC-721 non-fungible tokens — Each NFT is a blockchain-proven ownership of 1 pixel on the 1000 x 1000 grid; and ERC-20 tokens (1MLN) — Tokens enable users to buy NFT-pixels and paint them creating pictures on the grid.
With a mission to build the future through blockchain technology, Genesis Block Ventures has invested in some of the most prominent blockchain startups, making sure that these projects achieve success through strategic partnerships and guidance. Over the years, GBV has added to its portfolio many renowned projects, including Serum, SuperFarm, Refinable, to name a few.
1MillionNFTs: NFT and Crypto Art
From Beeple’s $69 million digital collage NFT sale, multimillion-dollar NFT CryptoPunks, ‘Nyan Cat’ meme GIF… There is a phenomenal growth and excitement using the tech to sell anything digital. We see the colossal potential ahead for crypto and NFTs to catalyze new business models for every creator around the world.
Using its rapid experimentation-led approach, 1MillionNFTs’ team ask the right ‘what-if’ questions at the front end of their innovation journeys, to imagine new futures and bring their innovative ideas to life. We are impressed with the disruptive concept of 1MillionNFTs to enable everyone to become owners of the internet. It opens up an unlimited possibility to the NFT in the metaverse which is basically untapped at present. 1MillionNFTs is set to be the legendary internet experiment in the Web 3 era.
Through the investment, we are thrilled to participate in the journey to power everyone to stake out their places in the NFT history!
1MlnNFTs.com is a smart-contract based Web 3 platform on Ethereum blockchain with 1000×1000 pixels grid.
Each pixel is an ERC-721 NFT token with its location. Users will have an opportunity to buy, sell, rent and paint them to create any picture with any link inside. But to paint pixels you need other ERC-20 tokens.
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.