Fanable completes US$11.5 million in financing and opens COLLECT token point mining
According to online reports, the Web3 collectibles platform Fanable (developed by Ethereal Labs) received US$115 million in support, with investors including Michael Rubin's Fanatics, Ripple, Steel Perlot, Polygon, Borderless, Morningstar, etc. Fanable said it has concluded more than 20,000 transactions, with a monthly growth rate of 100%, and will be used for platform iteration and global expansion. It partnered with Collect Foundation to launch $COLLECT token point mining, which will be used for community rewards, transaction incentives and governance. Fanable and Brinks have partnered to support the global trading of cards such as Pokémon in cryptocurrencies and fiat currencies, covering iOS, Android and web versions.
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