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Thiel co-founded PayPal and provided early funding for platforms like LinkedIn and Yelp.
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Infinex’s non-fungible token (NFT) collection, Patrons, has surpassed $67.7 million in total investments within just six weeks since its launch, despite a downturn in the wider NFT market.
The Patrons NFT collection crossed the $67 million milestone with backing from Founders Fund, co-founded by billionaire and former PayPal CEO Peter Thiel.
The non-custodial platform offers easy access to onchain protocol and decentralized applications (DApps), aiming to usher in “the next phase of our industry, the “post-CEX era,” it announced in an Oct. 28 X post:
“We are thrilled to announce the completion of our $67.70M Patron Sale with support from leading founders, foundations, funds and communities across the onchain ecosystem.”
Infinex Patrons tops $67 million. Source: Infinex
The platform also announced that the unlocked Patrons NFTs can be withdrawn as of Oct. 28, meaning that users will be able to sell them on NFT marketplaces like OpenSea, with their floor price starting at 1.22 Ether (ETH), worth just over $3,086 at the time of writing.
Infinex Patrons. Source: OpeanSea
Other early investors include Solana Ventures, WMT Ventures, Variant Fund, Hi Framework, Moonrock Capital, WOrmhole and Pyth Network, among others.
Related: Solana flips Ethereum in daily fees, surpasses $2.5M in 24 hours
This is a developing story, and further information will be added as it becomes available.
This article first appeared at Cointelegraph.com News
