FirstMate

FirstMate

Fee-free decentralized NFT marketplace aggregator

Overview

FirstMate operates a decentralized NFT marketplace aggregator that lets creators and collectors buy and sell NFTs without trading fees. It pulls listings from major marketplaces like OpenSea, LooksRare, x2y2, and Foundation to show a single view of available assets. The platform uses decentralized protocols such as Arweave, Seaport, and Reservoir to execute secure, transparent trades and offers creator tools like collector analytics, minting derivatives, and a Discord bot. Its goal is to empower artists and collectors with a fee-free, decentralized marketplace and practical tools, differentiating itself from competitors by removing fees and focusing on creators.

About FirstMate

Simplify's Rating
Why FirstMate is rated
C-
Rated C on Competitive Edge
Rated D+ on Growth Potential
Rated C on Differentiation

Industries

Industrial & Manufacturing

Enterprise Software

AI & Machine Learning

Company Size

1-10

Company Stage

Early VC

Total Funding

$3.8M

Headquarters

New York City, New York

Founded

2022

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Simplify's Take

What believers are saying

  • 2023-08-28 Dragonfly, Coinbase Ventures, and NextView backed FirstMate's $3.75 million seed.
  • 2023-08-28 Bankless, 9dcc, FELT Zine, and Sound.xyz used its marketplaces.
  • 2025-09-15 The live site suggests the product still works and attracts creator traffic.

What critics are saying

  • 2023-08-28 NFT storefront software faces shrinking demand after the 2022-2024 NFT collapse.
  • 2025-09-15 No fresh funding, hiring, or product news signals stalled momentum and weak growth.
  • 2026-02-18 Nasta acquired FirstMate Pet Foods, confusing the brand and muddying search visibility.

What makes FirstMate unique

  • 2023-08-28 FirstMate lets creators build branded NFT storefronts, not generic marketplaces.
  • 2023-08-28 It pools collections across venues and enforces creator-chosen royalties.
  • 2025-09-15 FirstMate.xyz still touts composable listings from major marketplaces and royalty top-ups.

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Funding

Total Funding

$3.8M

Above

Industry Average

Funded Over

0 Rounds

Benefits

Hybrid Work Options

Training Programs

Company News

CoinCarp
Feb 14th, 2024
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