SINGAPORE, April 20 (Bernama-BUSINESS WIRE) — Aura Network, an NFT (non-fungible token) dedicated layer-1 blockchain based on Cosmos ecosystem, has raised USD 2.5m seed round to leverage the adoption of NFTs and accelerate its vision of building an interoperable future for Internet users.
NFT is considered the crucial building block for the Metaverse and Web3, which are believed to shape the next generation of Internet. However, wide adoption of NFTs remains a challenge due to its unfriendliness to non-crypto natives and limited use cases to brands and general audience. Aura Network was built as the solutions for NFTs mass adoption and its remaining challenges, and pave the way for integrating applications to the Metaverse.