According to BlockBeats, Singapore's Web3 platform, Galaxis, announced on May 7 that it has raised $10 million in funding ahead of its token issuance. The financing round saw participation from Chainlink, ENS, Rarestone Capital, Taisu Ventures, and ENS co-founder Nick Johnson, among others.
Galaxis positions itself as a 'post-hype era NFT utility platform'. It has previously launched NFT series for celebrities such as DJ Steve Aoki and actor Val Kilmer. The platform has sold over 225,000 NFTs, generating over 32,000 ETH (approximately $100 million) in sales on the secondary market. It is currently preparing for 'mass distribution'.