Mnemonic Raises $4 Million to Launch B2B NFT API Platform

Mnemonic has raised $4 million to launch a B2B API platform focused on NFTs.

Mnemonic, an NFT platform powering blockchain applications, has announced the launch of APIs and platform functionalities that aggregate cross-chain data, enabling developers to build NFT-centric applications.

Additionally, the platform will provide detailed quantitative data on-chain into popular collections within the industry, starting with Lazy Lions, World of Women, Gutter Cat Gang, and Dystopunks, with plans for future expansions.

Pulling on-chain data for NFTs should be easy and offer basic search, intelligence with analytics, rarity, metrics, etc all w/o rate limiting.

"It's why we invested in the seed round of @mnemonichq. Their easy B2B NFT API solution makes it SO easy to pull this data." - [Source Link]

Based in San Francisco, Mnemonic was founded by four experienced entrepreneurs who have held senior executive and engineering roles at blue-chip technology companies like Google, Uber, and Reddit, specializing in machine learning, big data, APIs, and more.

Earlier this year, Mnemonic completed a $4 million seed funding round led by venture capital firm Kenetic, with participation from Sound Ventures, Tribe Capital, and angel investors such as Coinbase, IntoTheBlock, and People.ai.

Moreover, the company has established collaborative relationships with Dapper Labs and Mintable in efforts to expand its market position.