Aura Network nabs $2.5m for its NFT platform

Aura Network, an NFT dedicated layer-1 blockchain based on Cosmos ecosystem, has raised $2.5m in its seed funding round.

The investment was backed by Coin98 Ventures, GBV Capital, Impossible Finance, Kucoin Labs, Kyber Ventures, GUILDFI, Avatar by Avalanche, MEXC Pioneer, TPX Ventures, Redline Dao and OIG. Other notable business partners – Vanda Capital, Deo Network, Ahamove, Ecomobi and Pencil Group.

This capital injection will help the company build a universal framework for NFTs, maximising interoperability and bring its services to global users.

Based in Vietnam, Aura Network aims to accelerate the global adoption on NFTs. Its tools support develops and enables trading.

It plans to release its Testnet at the end of Q2 2022 and its Q3 in 2022.

Aura Network founder Tran Hoang Giang said, “Aura Network is delighted that our strategic partners recognize our infrastructure capability. We believe in the potential growth of NFTs and the future of interoperable, as well as the strength of our community and ecosystem.”

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