# Metagood

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/metagood

- Industry: Software
- Headquarters: Redmond, US
- Website: www.metagood.com
- Total disclosed funding: $4.9M
- Latest round: Seed (Dec 14, 2023)
- Investors on record: 5

## About

Metagood is a US-based company focused on innovative digital asset products, particularly in the non-fungible token (NFT) market, offering unique collectibles and a dedicated digital marketplace.Founded in 2021 and headquartered in Redmond, US, Metagood operates in the digital asset sector, specializing in NFTs. The company was founded by Danny Yang, who has a background in leading technology initiatives. Since its inception, Metagood has successfully completed 2 deals, with the most recent funding round occurring on December 14, 2023. This Seed round raised USD 4.913 mn, bringing the total amount raised to USD 4.913 mn, and the company is currently valued at USD 61.269 mn. The latest round saw participation from investors including ACTAI Ventures, Bitcoin Frontier Fund, London Real Ventures, Sora Ventures, and UTXO Management.Metagood specializes in creating and facilitating a range of innovative digital asset products, particularly within the non-fungible token (NFT) space. Its core offerings include notable NFT collections such as OCM Genesis, OCM Karma, and OCM Dimensions, which serve as unique digital collectibles. The company has also developed Osura, a premier marketplace dedicated to high-quality Digital Artifacts, thereby providing a platform for artists and collectors alike. By partnering with Asprey Studio, Metagood has introduced some of the most expensive NFTs inscribed on the Bitcoin blockchain, enhancing the security and permanence of digital art. The company targets a diverse clientele, including artists, collectors, and investors, primarily serving markets in North America, Europe, and Asia, where the demand for blockchain-based art and collectibles continues to grow.Metagood generates revenue through the sale of its digital assets and the operation of the Osura marketplace. Transactions typically occur on a commission-based structure where a percentage of the sales from NFTs is retained as a fee. Additionally, partnerships, such as those with Asprey Studio, could involve revenue-sharing agreements that facilitate the promotion and sale of exclusive NFT collections. These collaborations and the marketplace framework allow Metagood to engage both direct-to-consumer sales and B2B partnerships, enhancing its revenue potential. Specific pricing structures for individual products and services are aligned with the unique value offered by each NFT collection, reflecting their distinct attributes and market demand. The company's focus on high-quality, secure digital assets positions it strategically within the growing digital art market.In December 2023, Metagood raised USD 5 mn in Seed funding, led by Sora Ventures with participation from Bitcoin Frontier Fund and others. The company will utilize this funding to enhance product features and expand its engineering and marketing teams. Metagood aims to launch new digital asset products in the coming year while exploring opportunities in untapped markets in Asia and Europe by mid-2024.

## Funding rounds

- Seed, Dec 14, 2023, $4.9M — Sora Ventures, ACTAI Ventures, London Real Ventures, Bitcoin Frontier Fund, UTXO Management

## Investors

- Sora Ventures (https://capitalatlas.ai/funds/sora-ventures) — Seed
- ACTAI Ventures (https://capitalatlas.ai/funds/actai-ventures) — Seed
- London Real Ventures (https://capitalatlas.ai/funds/london-real-ventures) — Seed
- Bitcoin Frontier Fund (https://capitalatlas.ai/funds/bitcoin-frontier-fund) — Seed
- UTXO Management — Seed