{"id":303599,"date":"2021-07-20T18:17:10","date_gmt":"2021-07-20T15:17:10","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/social-nft-platform-define-raises-5m-from-asian-investors\/"},"modified":"2021-07-20T18:17:10","modified_gmt":"2021-07-20T15:17:10","slug":"social-nft-platform-define-raises-5m-from-asian-investors","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/social-nft-platform-define-raises-5m-from-asian-investors\/","title":{"rendered":"# Social NFT platform DeFine raises $5M from Asian investors"},"content":{"rendered":"<p>&#8220;<strong># <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Social<\/a> NFT platform DeFine raises $5M from Asian investors  <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDcvMWY2MjMwYTAtMWEyMi00NWE0LWIxM2EtYjI1NWM5ZDYwZjk4LmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-128018ef>DeFine, a socially-oriented nonfungible token platform, has raised $5 million in strategic investments as part of a wider effort to onboard more companies to the NFT world.<\/p>\n<p>The raise was led by Huobi Ventures, eSports entertainment company Abyss, and global <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/game\/\" data-internallinksmanager029f6b8e52c=\"7\" title=\"Game\" target=\"_blank\" rel=\"noopener\">game<\/a> developer PearlAbyss, the company announced Tuesday. Several Asian blockchain funds also participated, including Draper Dragon, NGC Ventures, and SevenX Ventures. <\/p>\n<p>\u201cIt is my pleasure to have these major gaming and entertainment companies in Asia as strategic investors\u201d said Myoung Hoon Kang, DeFine&#8217;s global operations lead. \u201cStrategic investment and partnership will allow us to jointly develop new market opportunities in various sectors.\u201d<\/p>\n<p><strong><em>Related:\u00a0Sophisticated NFT marketplace and gallery offers digital real estate for creators and collectors<\/em><\/strong><\/p>\n<p>As part of their strategic investment, investors will receive direct support from DeFine in connecting to the NFT market. The company has a lofty goal of <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/medium.com\/define-platform\/define-and-abyss-company-a-comprehensive-entertainment-company-signed-a-partnership-to-implement-bfd9637dad7f\">becoming<\/a> the largest NFT ecosystem in Asia. One of its core objectives is to bring NFTs to mainstream audiences, beginning with the gaming and entertainment industries. <\/p>\n<p>DeFine describes itself as a social NFT platform for all types of creators, including artists, musicians, gamers, influencers and athletes. Users of the platform have NFT-based social profiles that reflect their contributions to the network and achievements. <\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>Cointelegraph Exclusive: Artist Damien Hirst says NFTs are like &#8216;the invention of paper&#8217;<\/em><\/strong><\/p>\n<p>The sale of NFTs surged in the first half of 2021, reaching $2.5 billion, according to data from D<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>Radar. Gaming and entertainment are two of the most widely cited use cases for NFTs. Venture funds have recognized this trend and have poured millions into NFT-oriented startups this year alone. <\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/social-nft-platform-define-raises-5m-from-asian-investors\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Social NFT platform DeFine raises $5M from Asian investors &#8221; DeFine, a socially-oriented nonfungible token platform, has raised $5 million in strategic investments as part of a wider effort to onboard more companies to the NFT world. The raise was led by Huobi Ventures, eSports entertainment company Abyss, and global game developer PearlAbyss, the&#8230;<\/p>\n","protected":false},"author":1,"featured_media":303600,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDcvMWY2MjMwYTAtMWEyMi00NWE0LWIxM2EtYjI1NWM5ZDYwZjk4LmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[75719,95118,117,71745],"class_list":["post-303599","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-funding","tag-nft","tag-business","tag-venture-capital"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/303599","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=303599"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/303599\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/303600"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=303599"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=303599"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=303599"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}