MakersPlace

MakersPlace

Marketplace for unique digital creations

About MakersPlace

Simplify's Rating
Why MakersPlace is rated
A-
Rated A on Competitive Edge
Rated B on Growth Potential
Rated A on Rating Differentiation

Industries

Crypto & Web3

Consumer Goods

Company Size

51-200

Company Stage

Series A

Total Funding

$31.1M

Headquarters

San Francisco, California

Founded

2018

Overview

MakersPlace provides a platform for digital creators such as artists, designers, and writers to create and sell their unique digital works. The platform uses blockchain technology to ensure that each creation has verifiable proof of authenticity, ownership, and scarcity. This means that creators can sign their work and limit the number of copies available, allowing them to retain the full value of their digital assets. Unlike other platforms, MakersPlace focuses specifically on the needs of digital creators and collectors, offering a secure marketplace for transactions. The company generates revenue through transaction fees and commissions on sales, aiming to create a transparent environment for digital art commerce.

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Significant Headcount Growth
Simplify Jobs

Simplify's Take

What believers are saying

  • Increased interest in generative art boosts demand for MakersPlace's offerings.
  • Collaborations with brands expand MakersPlace's reach and credibility in the NFT space.
  • Blockchain technology enhances trust, attracting more creators and collectors to MakersPlace.

What critics are saying

  • AI-generated art may overshadow traditional digital art, affecting MakersPlace's demand.
  • Competition from NFT marketplaces like OpenSea could dilute MakersPlace's market share.
  • Cryptocurrency volatility may decrease investor confidence and transaction volumes on MakersPlace.

What makes MakersPlace unique

  • MakersPlace uses blockchain to ensure authenticity and scarcity of digital art.
  • The platform offers a curated marketplace for high-quality NFTs and digital art.
  • MakersPlace partners with high-profile brands like Warner Bros. and Disney.

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Funding

Total Funding

$31.1M

Above

Industry Average

Funded Over

2 Rounds

Notable Investors:
Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Above Average

Industry standards

$15M
$8.2M
Discord
$15M
Canva
$30M
MakersPlace
$100M
GitHub

Benefits

Health, vision, & dental

Workstation stipend

Flexible vacation policy

Weekly team sponsored lunches

$500 per quarter AirBnB stipend

100% Remote

Growth & Insights and Company News

Headcount

6 month growth

9%

1 year growth

5%

2 year growth

5%
Business Wire
Apr 30th, 2024
Makersplace Launches Generative Art In Partnership With Gm.Studio

SAN FRANCISCO--(BUSINESS WIRE)--MakersPlace, the premier marketplace for rare and authentic digital fine art, is venturing deeper into the Web3 generative art space with a unique partnership with gm.studio, a generative art platform built and run by the gmDAO, a community of digital artists, collectors and enthusiasts. With the integration of gm.generator, gm.studio’s new turn-key generative minting technology, collectors on MakersPlace will now, for the first time, be able to purchase code-based, long-form generative art from artists selected by MakersPlace curators. “MakersPlace is synonymous with premium digital art, and much of the most exciting digital art today is created by generative artists. It’s therefore the right move for us to expand our offerings to now include long-form generative art, minted on MakersPlace. It’s with great pleasure that we’re teaming up with gm.studio and the gmDAO community for this launch, as they have deep technical expertise, and they share our passion for the generative art space,” said Craig Palmer, CEO of MakersPlace

Crypto World Times
Oct 14th, 2023
Curated Marketplace for High-Quality NFTs is MakersPlace

MakersPlace has also partnered with a number of high-profile brands and organizations, such as Warner Bros., Disney, and the Smithsonian Institution.

Absolute Expressions Photography
Sep 24th, 2023
4 Spotify's AI

NFT platform MakersPlace announced yesterday the completion of its Series A funding round, led by Pantera Capital and Bessemer Venture Partners, in which it raised $30 million.

Web3 Black Hole
Jun 2nd, 2023
MakersPlace Introduces Impressive ‘Artist Launchpad Program’ – Web3BlackHole

MakersPlace has created a dedicated Discord server for digital artists to share experiences, engage with each other, and build an impactful network.

NFT Culture
Jun 1st, 2023
Navigating the Web3 Art World: MakersPlace Launches Artist Launchpad Program to Empower Digital Artists | NFT CULTURE | NFT News | Web3 Culture | NFTs & Crypto Art

MakersPlace, the leading marketplace for rare and authentic digital fine art, has introduced an innovative initiative known as the Artist Launchpad Program.

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