CXIP Labs, a protocol aiming to fix common problems in NFT minting, has raised $6.5 million in seed financing.

⠀

The company plans to use the funds to roll out Holograph, a new suite of NFT products for creators, developers, and enterprises. Upon launch, the Holograph suite will include three products: Bridge, Core, and Mint.

⠀

Using CXIP’s patented ‘holographic bridging’ technology, Bridge allows NFTs to be transferred between Ethereum Virtual Machine (EVM) blockchains. Core is a multichain application programming interface (API) for software developers, and Mint is a no-code NFT minting interface for creators.

⠀

According to a Tuesday press release, the round was led by Courtside Ventures and Wave Financial, with participation from Gary Vaynerchuk’s Vaynerfund and celebrities Diplo, Gmoney, Pussy Riot’s Nadya, and NFT artist Justin Aversano.

⠀

“The CXIP Labs team has a proven background in supporting artists’ rights across creative industries, Web3 fundamentals, and a vision of the future for creators informed by some of the smartest people in Web3,” Vaynerchuk commented.

⠀

CXIP Labs has also appointed several new members to their advisory board, including rapper and producer Pharrell Williams alongside Joe Jonas, one of the three Jonas Brothers.

⠀

For more from us at Waivly, join our free fun-to-read and to-the-point newsletter enjoyed by hundreds of people across the internet every day of the week 👇