Global Blockchain Technology company ByteNext successfully closes funding rounds
The use-cases of blockchain technology is continuously evolving. An ironclad utility of this technology is DeFi and NFTs. To continuously ensure that this space grows unabatedly, ByteNext is offering a systematic approach to promote blockchain technology to its fullest potential. Securing a robus tech-stack and infrastructure, ByteNext is resolving every-day issues by implementation of blockchain technology.
Powered by Binance Smart Chain, ByteNext is building an unique NFT Marketplace for Artists. AvatarArt is an innovative marketplace enabling transformation of works of leading artists into NFTs seamlessly. It employs virtual reality technology to showcase NFTs into exhibitions, and public auctions. It aims to bridge the gap between artists and art lovers by connecting them through a single platform. The next-generation NFT platform reinforces confidence by driving high-level authenticity in the NFT space. It aims to support art creators worldwide to convert their artworks to NFTs without much of a hassle.
In order to drive its vision, it has successfully completed its strategic funding round from leading blockchain investors and leaders. The investors have massively supported in AvatarArt’s vision of bringing real value to the the NFT world. The funding rounds witnessed participation from BlockHunter Capital, Basics Capital, Onebit Ventures, X21 Digital, HC Capital, Andromeda Research, VBC Ventures and other famous KOLs. This funding will be effectively used to support product development and fuelling marketing activities.
Shaping the Paintings Market through NFTs
AvatarArt is striving towards building an advanced ecosystem for thousands of artists. It aims to bring an increased level of transparency by facilitating transactions in a convenient manner to promote the painting market to a new level. Its imbibes its core values from traditional art to revolutionize the NFT space.
Currently ByteNext is carrying out its product developments and marketing activities in a full-fledged manner with its intent of preserving artworks. It has successfully completed its initial milestones of fundraising, setting up social channels and driving community operations. It is forging towards the next steps in terms of launching its IDO on leading launchpad BSCStation on June 1st, 2021. The future roadmap includes introducing a collection of unique NFTs to conduct competitive auctions. Also it aims to set up a network of art experts and artists worldwide to bring immense value to the platform.
With a stellar team actively progressing on the product development, ByteNext is constantly adopting a broader approach to bring authentic NFTs to users. With an intuitive platform, transforming your traditional art is easier than ever. With the NFT volume plummeting amidst the crypto crash, NFTs are showing smaller slowdown directing towards massive disruption.
ByteNext is an AvatarArt NFT marketplace for artists that aims to build up the AvatarArt platform to support art creators worldwide to make their paintings become NFT on Binance Smart Chain, conduct auctions and transactions globally. AvatarArt will bring real-life values to the NFT space and establish storage and preservation centers at certain places. Once any painting piece is verified and stored at the centers, AvatarArt will create NFT for each piece of the art, ensuring its value the same as the real one.
Read the whitepaper: https://bytenext.io/files/document/whitepaper/en.pdf?v=637558045116114096
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