Thread by @sriramk

👋Announcement:

A16Z is leading @bitski's $19M Series A. Bitski is a "Shopify for NFTs" that lets creators, brands, and platforms easily create, sell, and purchase NFTs.

I'm super thrilled to be working with @donnie+ @jatescher!

Post -> a16z.com/2021/05/06/inv…

🧵 below:

NFTs represent one of the most exciting evolutions of the internet and a key building block of the metaverse.

Over the last several months, millions of consumers have been introduced to NFTs and the entirely new ownership structures they unlock for digital goods.

Though the ecosystem has come a long way in a very short time, the list of things for brands to figure out and build is long: building custom storefronts, payment mechanisms, helping customers set up wallets/crypto transfers, handling traffic spikes,...

Enter @bitski. Bitski lets brands, creators and platforms easily create, sell, and purchase NFTs — no crypto deep dive required. Similar to how Shopify empowers merchants to easily set up a commerce experience online. Bitski brings the same leverage to anyone wanting to sell NFTs

Already, Bitski manages over 10M requests per day to over 300 unique apps built on their infrastructure. From setting up their own servers to building out secure wallets using hardware security modules, Bitski has already solved some tough problems.

At a16z, we often talk about “earned secrets” that come from deep work in a space. @donnie and @jatescher have that in spades. I'm super thrilled to be working with them.

I’m thrilled to announce that a16z is leading Bitski’s $19M Series A and that I will be joining their board. If you’re interested in helping make the metaverse happen or solving hard technical problems, go check out Bitski!

a16z.com/2021/05/06/inv…

Also super thrilled to be working with @stevejang and @KindredVentures who have been involved with this since the very beginning!