AI-powered NFT platform bitsCrunch raises $2.4M

bitsCruncha German startup offering a data platform for NFT powered by theartificial intelligencehas just collected 2.4 million dollars from Cypher Capital.

This week, data specialist NFT bitsCrunch has announced a $2.4 million funding round led by crypto venture capital firm Cypher Capital.

Founded in 2021 in Munich and already backed by Coinbase, Animoca Brands and Chainlink, bitsCrunch publishes a decentralized, AI-powered NFT data platform that enables developers to create more reliable NFT applications. The start-up also provides data to retail and institutional investors to help them make better decisions on the NFT market.

bitsCrunch solves the problem of transparency in the NFT space through AI and data analytics, which will improve user experience and trust,” commented Bill Qian, President of Cypher Capital.

Last month, bitsCrunch carried out a token sale on Coinlist for its native token BCUT, whose launch is scheduled next month. The company has raised a total of $13 million since its inception, according to data provided by Crunchbase.

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