Fanable Gets $11.5M to Power the Future of Pokémon & Collectibles; $COLLECT Token Farming Goes Live Now
Fanable by Ethernal Labs, a Web3 marketplace for Pokémon, comic books, and digital collectibles, has secured $11.5 million in funding to enhance its growth and expand its ecosystem. The platform is supported by entities such as Michael Rubin, Ripple,…
Fanable by Ethernal Labs, a Web3 marketplace for Pokémon, comic books, and digital collectibles, has secured $11.5 million in funding to enhance its growth and expand its ecosystem. The platform is supported by entities such as Michael Rubin, Ripple, Steel Perlot, Polygon, Borderless, and Morningstar.
In collaboration with the Collect Foundation, Fanable is initiating a point farming campaign for the $COLLECT token, aimed at increasing utility and community engagement within the collectibles market.
Fanable has rapidly established itself as a central platform for collectors, with over 20,000 sales transactions and a monthly growth rate of 100%. The platform facilitates seamless buying, selling, and trading of both physical and digital collectibles. The new capital will support platform development, global expansion, and the addition of Web3-native features.
The funding is allocated to expanding Fanable's Pokémon ecosystem. In collaboration with Brinks, users globally can buy, sell, trade, and collect Pokémon and other collectible cards using both cryptocurrency and fiat currency. The platform is accessible via the Fanable iOS and Google Play Store apps, or the web app, facilitating rapid adoption.
The platform is supported by entities such as Michael Rubin, Ripple, Steel Perlot, Polygon, Borderless, and Morningstar.
The $COLLECT token is designed to provide community-driven rewards, trading incentives, and governance opportunities. Early participants in the point farming will earn rewards integral to the upcoming token launch by the Collect Foundation: points.fanable.io .
This initiative offers a distributed opportunity to the community, aligning with the principles of the Web3 and collectibles communities.
Fanable is a Web3 marketplace for Pokémon, comic books, and collectibles, allowing users to interact with their favorite items in both physical and digital formats. By leveraging blockchain technology, Fanable provides collectors with authenticity, liquidity, and new engagement forms through tokens and community experiences.
The Collect Foundation is responsible for launching the $COLLECT community token, which is a community-focused asset designed to enhance utility, engagement, and governance in the collectibles market.
For more information, visit https://fanable.io/ or follow on https://x.com/FanableApp .
Based on reporting by TechBullion.
