Emerging Crypto Art Platform Outland Raises $5M in Round Led by OKG Ventures

Los Angeles, USA, 18 Jun 2022, Chainwire

Outlandan emerging crypto art platform based in Los Angeles, CA, announced that it had raised $5 million in its first seed round in March 2022. Led by OKG Ventures, IMO Ventures, Dragon Roark and JDAC Capital have all invested in the Web3 Cultural Animator.

Launched in February 2022, Outland has received widespread global attention from both crypto tech and traditional art audiences. The platform’s first project, Elemental, is a series of NFT works by renowned Chinese contemporary artist Fang Lijun. Considered one of the most anticipated NFT projects of 2022, Elemental has generated over 4,000 ETH in primary and secondary sales with an unshakeable position in OpenSea’s top charts since its launch.

In April 2022, Outland released a major NFT project collaboration with American artist James Jean. Jean, a cult art favorite, created a PFP collection of 7,000 editions that sold out in five minutes during the public sale, bringing a total transaction value of 3,700 ETH. The second wave of James Jean’s collaboration with Outland will launch on the next website https://www.adriftworld.io/. It will be the world’s first series of narrative, iterative and interactive NFT works that form their own unique cinematic universe.

In July 2022, Outland will present 3FACE, the first large-scale NFT project by renowned New York artist Ian Cheng, who participated in the Venice Biennale and has held solo exhibitions at several prestigious art institutions such as the Serpentine Gallery in London. , and MoMA PS1 in New York.

As the premier NFT platform founded by curators, critics and experts from arts institutions, Outland will continue to expand its influence with its international vision and exceptional foresight. Through the leadership and support of artists from all disciplines, Outland is setting a standard for collaborative opportunities within the Web3 culture.

About Outland

To present insightful perspectives on the future of the art world, the new art platform Outland is committed to creating the possibility of critical and pioneering exchanges in the fields of digital technology and the art world. contemporary.

Outland is the first international NFT platform founded by a core group of executives from major art institutions, galleries and museums. Outland is building a community of leading voices in creating, critiquing and collecting digital art to foster rich public discourse. In addition to providing technical and strategic support to artists, Outland organizes a platform for the in-depth examination of contemporary art and opens new avenues from the studio to the market through partnerships with museums, galleries and other cultural institutions.

contacts

Christopher S. Washington