Center raises $11M to build NFT search index – SiliconANGLE News

Nonfungible token tools company Center today announced that it has raised $11 million in a seed round led by Thrive Capital and Founders Fund to build a search product that will index NFTs across multiple blockchains.

The company believes that it can increase the utility of NFTs, which are a type of crypto asset, by providing services and tools that make them more useful to developers. NFTs represent the ownership of digital items, such as artwork, music, files or other virtual assets stored using blockchain technology that can be bought, sold and traded.

Amid Center’s first NFT tool is an NFT rendering application programming interface, which allows developers to easily display any graphical NFT from any blockchain in a single line of code. The goal was to make it as simple as using an HTML tag in a web page.

Now, Center is creating an index of NFTs in the same way that search engines index the web. To date, the company has indexed over 135 million NFTs. The objective is to allow…

Read Full Story: https://siliconangle.com/2022/07/28/center-raises-11m-build-nft-search-index/

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source: https://news.oneseocompany.com/2022/07/28/center-raises-11m-to-build-nft-search-index-siliconangle-news_2022072825088.html

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