Launchpad-Powered NFT Trading Platform Coresky Raises $6M
PRESS RELEASE. Coresky, a new generation community-based NFT trading marketplace, raised $6 million in a Pre-seed funding round that was led by PAYSON LEE PRIVATE FOUNDATION. Coresky was co-founded by Steven Wong, head of blockchain investment business at PAYSON LEE PRIVATE FOUNDATION, Kyu Jong Kim, a former Libra blockchain engineer, and Deawong, a veteran blockchain operation expert. Payson Lee is a well-known Asian entrepreneur and investor with a net worth of over $11 billion. The funds will primarily go toward hiring and building out the platform, investing in the ecosystem, and marketing and operation. The project has also launched its public test network on Feb 28, 2023.
“Payson LEE PRIVATE Foundation will continue to invest in Coresky’s future development, and we are bullish on the NFT space. We believe that Coresky will bring major and positive changes to the crypto and NFT trading market. Coresky Launchpad minted the primary market tokens as NFTs, and opened the channel between FT and NFT using MPC and XEN’s future token time lock, creating a new paradigm of using NFT for FT token issuance.” Steven Wong said.
Coresky has designed a new business model that drives the Marketplace through the economic utility of Launchpad. In simple terms, users trade NFTs in Coresky Marketplace to obtain Tickets, and then use the Tickets to draw NFTs from the primary market asset packages offered by Launchpad. Coresky has designed a comprehensive community membership system based on users’ on-chain trading behavior, and each level has its own Corecard identity. Different levels of Corecard will receive different numbers of platform Tickets on a regular basis.
Coresky Marketplace combines with Launchpad to introduce a dynamic trading incentive model. By introducing Corecard into Coresky’s platform governance model, it solves the contradictory demand of NFT Trader and Token Holder and creates a virtuous community economic cycle system. Coresky will build an innovative community that uses Launchpad to continuously increase the loyalty of Marketplace users, and is committed to becoming the most valuable project gathering place in the world.
To learn more about Coresky, please refer to the following links.
Coresky official website: https://home.coresky.com/
Coresky trading platform: https://www.coresky.com/
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