What is OneOf?
OneOf operates at the intersection of digital collectibles and environmental consciousness, offering NFTs on energy-efficient blockchains. The platform distinguishes itself by enabling fans and collectors to acquire digital assets from prominent musicians, athletes, and brands, with the unique ability to purchase NFTs using credit/debit cards or major cryptocurrencies, bypassing blockchain gas fees. By prioritizing user-friendliness and minimizing environmental impact, OneOf aims to democratize access to the Web3 space, with its minting process consuming significantly less energy than traditional proof-of-work networks. The company also champions diversity, with over 80% of its curated collections originating from minority or female creators.
How much funding has OneOf raised?
OneOf has raised a total of $71M across 2 funding rounds:
Angel/Seed
$63M
Unspecified
$8M
Angel/Seed (2021): $63M with participation from Tezos Foundation, Bill Tai, Jack Herrick, Sangha Capital, and Suna Said
Unspecified (2022): $8M led by Amex Ventures, Innovation Fund, and Mirabaud Lifestyle Impact
Key Investors in OneOf
Tezos Foundation
The Tezos Foundation supports the Tezos blockchain, a self-upgradable and energy-efficient Proof of Stake protocol designed for assets and applications. They aim to drive innovation on a global scale across social, political, and economic domains.
Sangha Capital
Sangha Capital is a nationally recognized leader in commercial finance, providing a broad portfolio of financial products to businesses. They work with small, medium, and large size businesses to provide the capital clients need.
Amex Ventures
Amex Ventures is an investment arm likely focused on innovative technologies and platforms that align with American Express's strategic interests in payments, commerce, and customer experience.
What's next for OneOf?
With its latest major strategic investment, OneOf is poised to accelerate its expansion and further solidify its position as a leader in sustainable NFTs. The enterprise-level capital infusion will likely fuel advancements in platform technology, enhance user acquisition strategies, and broaden its portfolio of partnerships with artists, athletes, and brands. OneOf's commitment to removing technical barriers and its focus on eco-friendly blockchain solutions position it favorably to capture a significant share of the growing Web3 market, particularly among mainstream consumers seeking accessible and responsible digital ownership.
See full OneOf company page
