LOS ANGELES, Dec. 20, 2021 /PRNewswire/ — VRYNT, Land [-82, -62], The Sandbox Metaverse – VRYNT (Veh – ree – ent), a next-generation e-Commerce platform for NFTs focused on the Metaverse, today announced the successful completion of its initial funding round with strategic investors.
VRYNT is an innovative and easy to use platform that enables social influencers to create bespoke NFT collections built and influenced by their communities. Building its virtual corporate offices in the Sandbox, a Metaverse where users can build, own, and monetize their virtual worlds, VRYNT is also among the first platforms to provide the tools for anyone to create an NFT by affording a user the ability to purchase a pack of component cards from their preferred social creator’s collection. These card packs — which vary in scarcity or availability — are filled randomly with components that the community will use to create a VRYNT of the original image in a collection selected by the Social Influencer.
The funding round raised a total of $1.5 million, securing investments from strategic partners, including 15X Grammy Award-winning Mix Engineer/Producer Jaycen Joshua, owner of Canton House Studios, and Steve Miller, Co-Founder of Anomaly Create which manages music artists, and their social brands in the metaverse. This financing will drive growth with committed revenue and artist launch partners, a combination that will serve as the rocket fuel to propel the company through its aggressive growth phase after the Beta launch in the first quarter of 2022.
“The VRYNT platform is poised at the crossroads of disruption in commerce, entertainment, and a new economy of ‘meta-Culture’ value creation,” said Eric Meyer, Vice Chairman of VRYNT. “VRYNT offers Social Influencers transformative financial control of their respective brands and a fresh way to engage their…
