NFT Trading Platform Quidd Closes $5 million Funding Round

TokenInsight news that Quidd, Animoca Brands' NFT trading platform, has raised a total of $5 million in a private round and IDO. The private round raised $4 million from investors including BSC Growth Fund, Genesis Block Ventures and others; IDO took place on 18 November on Polkastarter, where 2 million $QUIDDs were issued at $0.25 per token for a total value of $500,000; in addition, a pre-sale on 3 November on Animoca Brands' Launchpad, a total of 1,001 vouchers worth $500,000 were sold, each of which will be redeemable for 2,500 $QUIDDs after 3 May 2022.