Burnt Finance Raises $3M in Funding
Burnt Finance, a NYC-based fully decentralized auction protocol built on Solana to enable auctions, raised $3m in funding. Backers included Injective Protocol, Multicoin, DeFiance, Alameda, Mechanism, Vessel Ventures, Hashkey, Spartan, Do Kwon (CEO of Terra), Sandeep (COO of Polygon), and others. Earlier this year an anonymous group known only as “Burnt Banksy” was put into the international spotlight when they burnt and created a non-fungible token (NFT) of the original Banksy piece. Then the group held an auction on the OpenSea platform where the art piece was sold for nearly $400,00...
Source: finsmes.com