COSIMO Ventures’ Tokenized Equity Investment into BEASY exemplifies belief in the future of blockchain-enabled digital rights management
BOSTON–(BUSINESS WIRE)–#NFT—COSIMO Ventures, a venture capital investment firm that provides investors access to high-potential blockchain projects through the world’s first tokenized, evergreen venture fund, has completed its lead seed round investment into BEASY, a platform-agnostic technology solution that allows anyone to develop, mint, sell and manage non-fungible tokens (NFTs) directly from their website, Shopify or across popular marketplaces. COSIMO’s investment in BEASY is being made through tokenized equity.
“We’re incredibly proud to welcome BEASY to our portfolio of high-potential, blockchain-enabled companies and to have done so through a tokenized investment,” said Rob Frasca, Managing Partner of COSIMO Ventures. “As a venture firm on the cutting-edge of this new-age financial frontier, tokenization provides a unique way to break down the barriers of these illiquid and exclusive investment opportunities, giving retail investors access to incredible growth opportunities with immense upside potential, improved liquidity and transparent ownership rights.”
With an initial focus on serving athletes, entertainers, artists, and social media influencers, and aspirations to serve all multi-party consensus needs across the business landscape, BEASY’s platform streamlines digital rights management for the creator with end-to-end capabilities from creating their official digital identity to secondary market sales tracking. BEASY also provides loyal fans and customers simplified access to their favorite athlete or entertainer’s NFTs, which can be purchased with fiat or cryptocurrency directly from the seller’s own website or other popular marketplaces.
“The potential for digital rights management through NFTs is massive, and we are thrilled to have COSIMO as investors as we continue to collaborate with top-tier athletes, entertainers and institutions to deliver a world-class NFT experience,” said Bob Kramich Founder and CEO of BEASY. “We look forward to using this seed capital to continue our ambitious growth plans and deliver unique solutions through our proprietary NFT workflow technology powered by blockchain.”
BEASY plans to use the seed round funding to bolster its engineering staff and technology capabilities. Since its founding in 2018, BEASY has established unique partnerships with Tykes, Inc, the Recording Artist Guild and ToldRight as it paves the way for the future of digital rights management.
To learn more about COSIMO Ventures and its tokenized venture fund, COSIMO X, which has made early-stage investments into 17 other blockchain companies, click here.
About COSIMO Ventures
COSIMO Ventures is a venture capital firm focused on investing in and providing access to emerging blockchain technologies through the world’s first tokenized, evergreen fund, COSIMO X. Founded in 2014, with offices in Boston, New York and Dublin, COSIMO Ventures is a pioneer in the next wave of digital disruption. The firm invests globally in high-profile blockchain, crypto and deep technologies. More information can be found at www.cosimox.com.
Blockchain Made Easy™, dba BEASY, is a platform-agnostic technology solution that allows anyone to develop, mint, sell and manage non-fungible tokens (NFTs) directly from their website, Shopify or across popular marketplaces. For athletes, entertainers, artists and social media influencers, BEASY’s built-in smart contract capabilities help streamline multi-party consensus and digital rights management, and makes it easy for fans and collectors to acquire and trade NFTs with fiat (cash) or cryptocurrency. BEASY’s on-demand Forge and Wallet platform-as-a-service is leveraged by businesses and brands looking to deploy a turnkey NFT infrastructure. For more information, visit www.easybeasy.com.
Gregory FCA for COSIMO Ventures
Yvonne Gaudette for COSIMO Ventures
David Kaupp for Beasy, LLC.