{"id":370551,"date":"2021-11-22T07:28:58","date_gmt":"2021-11-22T04:28:58","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/animoca-brands-raises-5m-for-nft-marketplace-quidd\/"},"modified":"2021-11-22T07:28:58","modified_gmt":"2021-11-22T04:28:58","slug":"animoca-brands-raises-5m-for-nft-marketplace-quidd","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/animoca-brands-raises-5m-for-nft-marketplace-quidd\/","title":{"rendered":"# Animoca Brands raises $5M for NFT marketplace, Quidd"},"content":{"rendered":"

“# Animoca Brands raises $5M for NFT marketplace, Quidd <\/strong>”
\n<\/p>\n

Quidd, a marketplace for digital collectibles and a subsidiary of Animoca Brands, has raised a total of $5 million in private pre-sales and an initial DEX offering (IDO). <\/p>\n

The token sale took place on Polkadot project incubator Polkastarter on Nov. 18. The allotment of 2 million QUIDD tokens at a price of US$0.25 per token sold out in under an hour, raising $500,000.<\/p>\n

Earlier this month, the private sale of the Ethereum-based QUIDD tokens raised US$4 million from investors including Binance Smart Chain Growth Fund, Genesis Block Ventures, Kingsway, Mind Fund Group Ltd, Sanctor Capital, OneFootball, and other angel investors.<\/p>\n

During the Nov. 3 pre-sale on the Animoca Brands\u2019 Launchpad, 1,001 vouchers sold out in 22 minutes. Each voucher cost around $500, bringing the total value of the pre-sale to $500,000. The vouchers can be used to redeem 2,500 QUIDD tokens after May 3, 2022.<\/p>\n

Following its successful IDO, the token was made available for trading on the Binance Smart Chain decentralized exchange platform, PancakeSwap. The tokens can currently be traded for Wrapp<\/a>ed BNB (WBNB), and a number of Animoca-owned tokens including Tower (TOWER), REVV (REVV), Lympo Market Token (LMT), Prosper (PROS), and Bondly (BONDLY). <\/p>\n

The current price<\/a> of the token is $3.28, representing a 1,212% increase from the IDO price of $0.25. It\u2019s down 31.9% from the all-time high of $4.73 on Nov. 20, and there is a total supply of one billion tokens. <\/p>\n

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Quidd is the first marketplace built for buying and selling limited-edition, individually serialized digital collectibles. The QUIDD token is the ERC-20 utility token for the Quidd community of collectors, creators, and developers.<\/p>\n

\u2014 Animoca Brands (@animocabrands) November 19, 2021<\/a><\/p><\/blockquote>\n