Ink Raises USD1.5M in Pre-Seed Funding

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Ink, a Venice, CA-based newly-founded web3 company, raised USD1.5m in pre-seed funding.

Sound Ventures (Ashton Kutcher+ Guy Oseary), Mark Cuban and Betaworks Ventures were some of the backers. Lupa Systems was also supported by several angels.

Max Brody, founder of Ink, allows creators to digitally sign or draw any type of digital content with their finger. This content can then be instantly turned into a low-cost NFT through their exclusive marketplace, 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 has partnered with musicians to launch, but will eventually expand into photography, film, modeling, books and fine art.

For its initial launch, Ink is partnering with a select group of the music industry’s most promising emerging artists. Inks is collaborating with festivals and tours to bring you individual artist drops. Inks will also be the first NFTs that fans can purchase at physical merch stands.

Brody is an early innovator in the web3 area. He was also the CEO of Cent, an Ethereum-based social networking/monetization platform.

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