The Big Investment: What You Need to Know

In a groundbreaking move, operator-led venture capital firms Velvet Sea Ventures and 01 Advisors have pooled together a cool $100 million for the ambitious Pixel Vault—a venture that’s ready to redefine the NFT landscape. As they officially unite into the rebranded Pixel Vault Inc., the stage is set for a surge of superhero storytelling combined with crypto culture.

What’s This All About? NFTs and Stories Galore!

Pixel Vault isn’t just an ordinary NFT collection. It aims to leverage nonfungible tokens and intellectual property to narrate the unique stories of crypto-native communities across various entertainment forms—think television, movies, and video games. Simply put, they’re on a mission to prove that NFTs can hold more than just images; they can be a conduit for culture and creativity.

Meet the Masterminds Behind Pixel Vault

Sean Gearin, a.k.a. GFunk, is at the helm as the creator and CEO of Pixel Vault, which he launched back in May 2021. Under his leadership, the company has made community empowerment, decentralized governance, and true digital ownership the cornerstone of its philosophy. GFunk famously stated, “The fans are the owners and the builders”—a mantra that indicates a revolutionary approach to fan engagement in the digital age.

The Power Players: Who’s Backing Pixel Vault?

• 01 Advisors: Lead by luminaries like Dick Costolo and Adam Bain—former top dogs at Twitter, bringing their expertise to the NFT table.
• Velvet Sea Ventures: Co-directed by Michael Lazerow, who recently shared insights on Pixel Vault’s origin on LinkedIn.

Both investors are token-carrying members of the Pixel Vault community, blending their financial backing with a genuine stake in the project. Talk about putting your money where your mouth is!

The Vision Ahead: What’s Next for Pixel Vault Inc.?

Essentially, the direction is clear: they see digital ownership and storytelling as two peas in a pod. Michael Lazerow encapsulated this sentiment in his LinkedIn post by stating, “The story of Pixel Vault and the story of digital ownership are intertwined and will be written over the next few years.” And don’t forget—the fans will be co-writing this epic narrative!

A Glimpse Back: Pixel Vault’s Journey So Far

Pixel Vault is not a newcomer to the NFT scene. It played a significant role in a collaborative initiative that included PUNKS Comic, Bored Ape Yacht Club, GMoney, and Adidas Originals, which debuted in December 2021. With this historic backing, the company is gearing up to show the world what the future of digital storytelling looks like—powered by fans!