Sports nft candy digital 100m series

sports nft candy digital 100m series

Vision Fund 2 with participation from Connect Ventures, Creative Artists Agency (CAA), New Enterprise Associates (NEA), Will Ventures, Gaingels, Com2Us, Athletes Syndicate in partnership with Chaos Ventures.

The company intends to use the funds to integrate new sports relationships and accelerate the growth of its global team and capabilities across its creative content studio, user experience team, and marketplace platform where fans can buy, trade, sell and store their NFTs, as well as to scale its recruiting, marketing, customer success and engineering groups.

Co-founded by Michael Rubin, CEO, Fanatics; Mike Novogratz, founder and CEO, Galaxy Digital; and Gary Vaynerchuk, Serial Entrepreneur and Investor, Candy Digital is building Major League Baseball’s official NFT ecosystem where fans and collectors will be able to purchase, trade, and share officially licensed NFTs.

“Fans crave new methods of engaging with their favorite athletes and teams, and Candy Digital is primed to power the next generation of sports fandom,” said Deven Parekh, Managing Director at Insight Partners. “The company is led by an experienced founding team across the sports and entertainment industries and has won early partnerships such as with MLB. We’re excited to partner with Candy Digital as they build fan engagement experiences for the digital age.”

“By combining Fanatics’ proven track record with blockchain and NFT expertise, we believe Candy Digital is creating a leading platform that offers consumers the opportunity to own a unique digital asset,” said Lydia Jett, Partner at SoftBank Investment Advisers. “The company’s partnership with MLB and MLBPA is a strong indication that fans and collectors want to engage with their favorite sports, music, and art in new ways.

NFT) company, announced today that it completed a $100 million Series A financing round, which values the company at $1.5bn. The newly raised capital will be used to fund Candy’s continued expansion of its NFT offerings across the global sports landscape for both current and emerging partners. The funding round was co-led by leading global private equity and venture capital firms Insight Partners and Softbank Vision Fund 2.

Additional participants in the round include Connect Ventures, an investment partnership between leading entertainment and sports agency Creative Artists Agency (CAA) and global venture capital firm New Enterprise Associates (NEA), Will Ventures, Gaingels, Com2Us, Athletes Syndicate in partnership with Chaos Ventures, which includes participation from current and retired MLB, NFL, NBA, and NHL players, and NFL Hall of Famer Peyton Manning.

Sports nft candy digital 100m series-03


We are delighted to partner with Scott and the team to support their ambition to become the leading digital collectible NFT platform.”

This month, Candy Digital is unveiling its ‘Beta’ platform giving fans and consumers their first opportunity to directly buy, sell and trade Candy’s NFT products. The launch coincides with the unveiling of three new, unique products for the upcoming MLB playoffs and World Series. Since launch, Candy Digital has released several products in partnership with MLB and a roster of college athletes.
The first-ever MLB World Series NFT was released to celebrate the LA Dodgers’ 2020 World Series victory, and the company also designed a series of Lou Gehrig NFTs to commemorate the league’s first official Lou Gehrig Day. The company continues to unveil products from its “Sweet Futures” college NFT line, which includes Clemson QB D.J.

Sports nft candy digital 100m series-b

Iron Horse” and raised more than $70,000 for ALS charities.

Following that success, Candy Digital introduced NFT products that celebrated 2020 World Series champions; All-Stars and top prospects as part of its 2021 MLB ICON packs; and the MLB Stadium Series, which brought each MLB team’s iconic venue to life through unique imagery created by renowned digital artist S. Preston.

Additional information and updates can be found on Candy’s official blog at https://www.candy.com/blog.

Digital assets can be downloaded HERE.

About Candy Digital Candy Digital is a next generation technology company that designs and develops officially licensed, premium digital collectibles that connect people to their passions.

Candy Digital is Major League Baseball and the Race Team Alliance’s Official Partner for NFT Collectibles.

Sports nft candy digital 100m series1

Candy operates Major League Baseball’s official NFT ecosystem where fans and collectors are able to purchase, trade, and share officially licensed NFTs to deepen their love of the sport. The company also created Sweet Futures, the first-ever college athlete NFT collectible series that has featured some of the top football and basketball players in the country.

Candy Digital was formed by three executive partners: Michael Rubin, CEO, Fanatics; Mike Novogratz, founder and CEO, Galaxy Digital; and Gary Vaynerchuk, Serial Entrepreneur and Investor, who, together with its team of world-class digital artists, designers, and technologists are developing a broad range of digital collectibles, beginning with sports and expanding into art, entertainment, music, and more.

About MLB Players, Inc. MLB Players, Inc. is the business arm of the Major League Baseball Players Association.

Fanatics, the majority owner of Candy Digital, is building a global digital sports platform complete with everything sports fans want. The company recently announced plans to expand beyond merchandise and unlock new verticals across the sports ecosystem, including NFTs through Candy Digital, trading cards, online betting, iGaming and more.

About Candy Digital Candy Digital is a next generation digital collectible company, which has been launched by three titans of their respective industries: Michael Rubin, CEO, Fanatics; Mike Novogratz, founder and CEO, Galaxy Digital; and Gary Vaynerchuk, Serial Entrepreneur and Investor.

Candy is building Major League Baseball’s official NFT ecosystem where fans and collectors will be able to purchase, trade, and share officially licensed NFTs to deepen their love of the sport.

Candy’s team of world-class digital artists, designers, and technologists are developing a broad range of digital collectibles, beginning with sports content and expanding into art, entertainment, music, and more. For more, visit candy.com.

About Insight Partners Insight Partners is a leading global venture capital and private equity firm investing in high-growth technology and software ScaleUp companies that are driving transformative change in their industries. Founded in 1995, Insight Partners has invested in more than 400 companies worldwide and has raised through a series of funds more than $30 billion in capital commitments.
Insight’s mission is to find, fund, and work successfully with visionary executives, providing them with practical, hands-on software expertise to foster long-term success.

Candy Digital announced its launch earlier this year with Founding Board members: Michael Rubin, CEO, Fanatics; Mike Novogratz, founder and CEO, Galaxy Digital; and Gary Vaynerchuk, Serial Entrepreneur and Investor.

Candy Digital is building Major League Baseball’s official NFT ecosystem where fans and collectors will be able to purchase, trade, and share officially licensed NFTs to deepen their love of the sport. Candy Digital plans to use the new funds to integrate new sports relationships and accelerate the growth of its global team and capabilities across its creative content studio, user experience team, and marketplace platform where fans can buy, trade, sell and store their NFTs.

NEW YORK–(BUSINESS WIRE)–Candy Digital, a next generation digital collectibles company and the NFT collectibles partner of Major League Baseball and MLB Players, Inc., announced today the upcoming release of its 2022 MLB ICON Leadoff Series NFT digital collectibles that will bring fans even closer to their favorite players. For the first time ever, baseball fans can collect NFTs of MLB players that will have their stats updated daily throughout the season, ushering in a new era of utility for digital sports collectibles.

The Leadoff Series is one of the largest series of sports collectibles ever introduced. Each of the 720 featured players’ NFTs will have distinct versions and rarities (Core, Uncommon, Rare, Epic, and Legendary) available for fans to collect and trade.

Leave a Reply

Your email address will not be published.