ORIGYN Foundation Receives $ 20 Million Strategic Investment From World-Class Investors Including Bill Ackman’s Table Management, Polychain Capital, Paris Hilton, Coinko and Vectr Ventures | New
NEUCHATEL, Switzerland – (BUSINESS WIRE) – November 23, 2021–
ORIGYN Foundation, the Swiss non-profit association dedicated to identifying, authenticating and unlocking the ownership powers of valuables, today announced a strategic fundraising of $ 20 million. Investors in this tour include Bill Ackman’s Table Management, Polychain Capital, Paris Hilton, Coinko, Vectr Ventures, Carter Reum, Div Turakhia, GD10 Ventures and more. Before the foundation’s public token was released, this private tour now values ââORIGYN at $ 300 million.
âWe are incredibly lucky and thrilled to include so many influential names in this round of fundraising. ORIGYN is unique in what it brings to this world. It is a sign of support for what ORIGYN is trying to achieve: use technology to resolve identity, authenticity and proof of ownership. Our partners saw the opportunity we offer to unlock value for owners and designers â, said Daniel Haudenschild, CEO of ORIGYN Entreprise SA, which is the operational entity of the ORIGYN Foundation.
Founded in October 2020, ORIGYN is led by its founding partners and board members Gian Bochsler, Vincent Perriard and Mike Schwartz, as well as CEO Daniel Haudenschild. The foundation’s technology certifies and guarantees the authenticity of physical and digital elements using advanced recognition and identification techniques created by leading experts in computer vision, artificial intelligence and decentralized infrastructure. It also brings together the biggest contemporary players in certain industries to protect, celebrate, uplift and reward creativity through its innovative approach to NFTs.
ORIGYN currently operates the following verticals:
â ORIGIN Art is an exclusive community for the fine art market on the blockchain. This vertical links physical works of art and NFT certificates to create the ultimate market experience for creators, industry professionals, collectors and enthusiasts.
â ORIGINAL Collectibles is a revolutionary platform designed to enable individuals with common passions to buy, sell, trade and experience collectibles. This vertical rewards and celebrates creativity by symbolizing certificates of ownership that verify the uniqueness and authenticity of physical collectibles.
â ORIGYN digital media is a comprehensive ecosystem designed for media creators of all types to activate their social capital. This vertical provides tools for all forms of experiential content, artifacts and markets for the world’s most creative icons and their fans.
â ORIGIN Luxury is the only digital certification solution guaranteed to prove authenticity using the own biometric characteristics of a luxury item. These digital certificates increase trust between companies and their customers with a dematerialized solution, guaranteed by ORIGYN, which facilitates the resale of the object. This vertical brings NFTs to life by allowing the object itself to become its own proof of authenticity.
Funding from this cycle fuels the mission of the foundation and contributes to the expansion and continuous improvement of ORIGYN’s verticals, as directed by token holders. In addition, it will be used to finance ongoing R&D and integrate the growing list of industrial partners of the foundation for the ecosystem.
The ORIGYN Authentication Platform far outperforms other NFT certification solutions on the market today due to the unique biometric and property data included in ORIGYN digital twins, as well as the comprehensive warranty that backs every digital certificate. . ORIGYN will officially launch these digital certificates in industry verticals in the first half of 2022. The foundation’s utility token, OGY, will also become publicly tradable in 2022. OGY is required to engage with core services of platform and is used to create and process Certificates of Authenticity.
About the ORIGYN Foundation:
The Swiss non-profit ORIGYN foundation uses smart technologies, including computer vision and artificial intelligence, on decentralized computing to identify, authenticate and unlock the powers of ownership of valuables. As the first digital certification platform built on Internet Computer (IC), ORIGYN and its verticals are driving new forms of value for some of the world’s largest consumer asset classes, including art, objects collectibles, digital media and luxury goods. Founded in NeuchÃ¢tel, Switzerland, in October 2020, ORIGYN operates globally in major technology and blockchain hubs around the world. For more information visit origyne.ch.
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CONTACT: Seamus Conwell
KEYWORD: SWITZERLAND EUROPE
INDUSTRY KEYWORD: MOBILE / WIRELESS NETWORK SOFTWARE INTERNET PROFESSIONAL SERVICES PHILANTHROPY DATA MANAGEMENT FOUNDATION CONSUMER TECHNOLOGY OTHERS CONSUMER FINANCING
SOURCE: ORIGYN Foundation
Copyright Business Wire 2021.
PUB: 23/11/2021 09:38 / DISC: 23/11/2021 09:38
Copyright Business Wire 2021.