Ink Raises USD1.5M in Pre-Seed Funding
Ink, a Venice, CA-based newly-founded web3 company, raised USD1.5m in pre-seed funding.
Backers included Sound Ventures (Ashton Kutcher + Guy Oseary), Mark Cuban, Betaworks Ventures, Lupa Systems and several angels.
Led by founder Max Brody, Ink enables creators to sign or draw on any form of digital content with their finger, and instantly turn that content into an affordable NFT via their exclusive marketplace at Ink.ID. By digitally signing any existing photo, album cover, or social content like an Instagram post, Youtube video, TikTok, Spotify song, Tweet and more, artists can authentically turn any of their existing or future content into digital merchandise that can be bought, traded and resold as financially-accessible NFTs.
Ink is launching with partnerships in music, and over time will expand into film, photography, modeling, books, fine art, digital art, and more.
For their initial launch, Ink is partnering with a select group of the music industry’s most promising emerging artists. In addition to these individual artist drops, the company is also integrating with tours and festivals, where Inks will be the first NFTs fans can buy at physical merch tables.
Brody, an early innovator in the web3 space, previously was the co-founder and CEO of the Ethereum-based social network/monetization platform Cent.