Home News Virtual Real Estate Marketplace, Parcel, Raises $4M in Round Led by Framework Ventures

Virtual Real Estate Marketplace, Parcel, Raises $4M in Round Led by Framework Ventures

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New York – ()-parcelNFT Marketplace for Virtual Real Estate Framework venture, A venture capital firm known for its early entry into Web3 and Decentralized Finance (DeFi). Additional participants in the round include Fifthwall, Blizzard Fund (Avalanche), AVIV Group (Axel Springer), AppWorks, Great Oaks and Sera Fund. There is also an impressive list of angel investors such as Aaron Wong (SoftBank), Sebastien Borget (The Sandbox) and Santiago Santos.

Purcell is the first comprehensive market tailored specifically to the virtual real estate economy by aggregating digital land listings and construction services for virtual landowners, sellers and builders. Purcell launched in July 2021 in the virtual real estate market, which generated more than $ 500 million in sales in 2021 and already exceeded $ 1 billion in the first half of 2022. This platform aggregates some of the largest real estate lists. Virtual worlds on the Ethereum blockchain such as The Sandbox, Decentraland, Voxels, Somnium Space, Mona and NFTWorlds. Multi-chain support for Avalanche and Polygon is planned for later this year.

Purcell’s marketplace provides interactive, data-rich visual maps that allow users to navigate the virtual real estate ecosystem more seamlessly. Purcell also offers real-time pricing on open lists, leverages unique gas-efficient smart contracts to drive sales, and land for users at half the gas price found in existing NFT marketplaces. Allows you to purchase and list. For a limited time, Parcel will refund the gas bill for the wallet that lists the land on the market.

“”The continued growth of the Digital Land ecosystem offers endless opportunities for creators and investors. ” Noah Gainer, co-founder and chief executive officer of Purcell, said. “”However, to build a truly successful Metaverse economy, users need a marketplace solution that not only facilitates the sale and transaction of Digital Land, but also facilitates the development of valuable projects and businesses across the virtual world. is. By concentrating resources on all Metaverse stakeholders, from future landowners and sellers to virtual world service providers and architects, Parcel has a complete suite of services needed to build a thriving Metaverse. Provide. “

To facilitate the development of diverse projects and services throughout the virtual world, Parcel is developing a comprehensive creative directory known as Creatorverse. Through Creatorverse, landowners can easily find and hire virtual architects and service providers by browsing their portfolio of digital works. Parcel also offers Learn, an educational platform that helps new users seamlessly onboard and improve their knowledge of the Web3 community.

“”Although the Metaverse land market grew rapidly last year, the market is still quite fragmented among the various virtual worlds. ” Michael Anderson, co-founder of Framework Ventures, said. “We believe Purcell is in a unique position to integrate the virtual real estate ecosystem and lead the development of an open and prosperous Metaverse. We will be the main market for the virtual real estate economy. I am very proud to work with the team. “

Funds from the round will be used to continue developing the parcel feature set for Creator Bath and extend the marketplace list beyond the Ethereum ecosystem to the virtual world. For more information, please visit: https://parcel.so..

About Purcell

Purcell has a mission to empower people with the tools they need to find their home in the Metaverse. Born from a scattered, opaque industry, Purcell has developed the first comprehensive market dedicated to virtual real estate. Purcell provides a complete suite of services needed to build a thriving Metaverse community and economy by aggregating digital land lists and facilitating connections between landowners and creators. For more information, please visit: https://parcel.so Join the Twitter community @ParcelNFT..

About framework ventures

The framework is a team of engineers, researchers and investors who buy, build and participate in the assets of an open crypto network. Framework is a core technology company, building products and services that support the open blockchain networks in which it invests. Through its registered investment advisor, Framework Ventures Management LLC (“Framework Ventures”), the company has helped dozens of prominent companies. With decentralized finance and Web3 space. For more information, please visit: https: //framework.ventures..

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