MADworld, the Multiverse Artist Defender, has announced that it has closed a private token sale of it’s UMAD token. The token sale was led by Animoca Brands with participation from industry veterans such as Master Ventures, SMO Capital, Libra Capital Ventures, Chiron Partners, Lotus Asset, AC Ventures, AVATAR; managed by Avalanche Foundation’s Asia team and Partners of Hive Ventures, among others.
The organization will allocate these resources to the development, launch and operation of all digital platforms within MADworld, including the Multiverse Artist Defender NFT Marketplace and the NFT Origination Platform, both expected to launch in Q1 2022.
Robert Tran, the CEO of MADworld, commented, “We’re excited to have these strategic partners participate in our private UMAD token sale and become part of the journey. They bring significant blockchain industry experience to the organization. This ensures we develop a strong go-to-market strategy and operating model, guaranteeing we achieve our goal of protecting creators as they enter the multiverse.”
