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- The short-form video platform, Vine’s co-founder, and NFT project, Loot creator, Dom Hofmann, have a latest venture titled Blitmap.
- As per the tweet by Sup, organization has amassed a $12 Million fund in a seed funding round for development of Blitmap.
- Blitmap is an NFT project built on Ethereum blockchain where folks who possess Blitmap NFT, can together finalize prime features of story’s universe.
Funds Gathered For Sci-Fi Project
Loot, an NFT project, and Vine, a short-form video project’s creator and owner, Dom Hofmann, now have a fresh venture named Blitmap, a decentralized sci-fi project, where community will provide guidance for story.
Paradigm raised $12 Million fund in a seed funding round for Sup, a parent organization accountable for the development of Blitmap.
Via the funding, Blitmap plans to increase scalability and development of other projects as well as universes, as per a post made by Sup on Twitter.
Blitmap is an NFT project based on Ethereum blockchain, where folks in possession of Blitmap NFT can altogether decide prime features of story’s universe, like choosing who the rivals are.
Community will also offer guidance regarding decisions encompassing merch, with probability of potential P2E features. As this article was being written, Bitmap NFT had a floor price of 8.9 ETH, which is equal to $27,764.84 as per current ETH price.
AS per some former reports, Paradigm released a $2.5 Billion venture fund in November previous year.
What is Blitmap?
Blitmap is a science fiction universe crafted by its community. Blitmap commenced as some pixel arts. These pixel arts were given the name of Blitmap, and were only 100 in the beginning.
The community then blended them together to generate 1600 distinct siblings — unique chunks that integrates the composition of single original with palette of another.
Then came the heroes, After finishing the collection, Blitnauts were launched as an extension. These are the characters or NFTs for Blitmap platform. They represent a cluster of sentient robots committed to tracking and keep Blitmaps and heroes safe.
Blitnauts are now accessible and free to each Blitmap possessor. This extension pack presents a latest craftable collection.
After this, came the universe. With chunks coming altogether, the team has begun world’s expansion even further. Who are Blitnauts rivals? Why are Blitnauts essential? And most essentially: how and where will folks see these stories unravel?
Will Blitmap Thrive?
Blitmap appears to be a unique concept, and the fact that it is associated with science fiction makes it more attractive to folks.
NFT space is flourishing at a higher pace, and just previous year, it saw a roaring high in terms of its trade volume.
Paradigm has just raised the fund regarding its development, but we have to wait and see how it will be implemented in different regions of development.
Nancy J. Allen is a crypto enthusiast, with a major in macroeconomics and minor in business statistics. She believes that cryptocurrencies inspire people to be their own banks, and step aside from traditional monetary exchange systems. She is also intrigued by blockchain technology and its functioning. She frequently researches, and posts content on the top altcoins, their theoretical working principles and technical price predictions.
