VAST is finally ready to launch its first-ever EngageFi NFT platform after the successful completion of the private round of investment funds. Early investors like Huobi, GHAF Capital, and Polygon Studios, led the round to help the team meet its financial goals.
VAST is a Polygon-based multimedia NFT marketplace, widely famous for its NFT sitcom featuring Snoop Dogg and The Harlem Globetrotters. As a well-known platform, VAST will introduce a brand-new concept that will completely revolutionize the NFT industry.
VAST holds a private investment round
The team behind VAST is a group of experts with a promising background in blockchain and the NFT world that are attracting many investment ventures to lead the seeding round for its project.
The team’s private round investors included Huobi Ventures, Polygon Studios, HyperEdge Capital, GHAF Capital, SL2 Capital, PrimeBlock Ventures, GBV Capital, NGC, Spartan, IVC, Skyman Ventures, LD Capital, and Quantstamp.
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According to Hubertus Thonhauser, partner at GHAF Capital, who is also one of the investors, says, “VAST is one of the most exciting investments I’ve made in the past three years. I can’t wait to see this platform, which cares so much about creating a better economy for artists, build a new rewards ecosystem including creators, collectors, and media.”
VAST on Polygon blockchain
VAST is built on the Polygon blockchain, one of the leading global networks, and has a credit card integration feature. As the only platform to enable this feature, VAST will facilitate users in buying MATIC tokens through their credit cards.
Polygon sees huge potential in this NFT marketplace and is one of the few investors who contributed to the private investment round. The Co-Founder and COO of Polygon, Sandeep Nailwal says, “As the metaverse phenomenon grows, the potential for VAST – and the celebrity metaverse it is creating, is huge.”
VAST to launch VAST EngageFi™
According to the VAST team, this private investment round was solely held to fund its soon-to-be-launched project called VAST EngageFi™.
VAST EngageFi™ is the first-ever engaging NFT platform where creators will post their NFTs and the buyers will earn money based on how much they engage in the content. In other words, it is an “Engage-to-Earn” model that will enhance interaction between creators and their fans on a decentralized platform.
Following the investment from various companies, the team is expected to complete the project as soon as possible. In response to having this long list of investment partners, VAST co-founder and CEO Michael Jurkovac said, “We are incredibly grateful to our investors for supporting the future of VAST. With their help, we are providing amazing opportunities and experiences for creators and the millions of fans who support them.”
VAST is a multi-media NFT platform that facilitates users in buying and selling NFTs. As an emerging marketplace, VAST is the only platform where creators, artists, and fans unite by dropping NFT-Enhanced content and interacting on online channels without any authority or third-party involvement.
VAST has posted content from top global media outlets including ESPN, Vogue, Vanity Fair, GQ, Architectural Digest, and Harper’s Bazaar. It is one of the best marketplaces with over 5 billion audited media impressions through its posted content.