COSIMO Ventures’ Tokenized Equity Investment into BEASY exemplifies belief in the future of blockchain-enabled digital rights management
-COSIMO Ventures, a venture capital investment firm that provides investors access to high-potential blockchain projects through the world’s first tokenized, evergreen venture fund, has completed its lead seed round investment into BEASY, a platform-agnostic technology solution that allows anyone to develop, mint, sell and manage non-fungible tokens (NFTs) directly from their website, Shopify or across popular marketplaces. COSIMO’s investment in BEASY is being made through tokenized equity.
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“The potential for digital rights management through NFTs is massive, and we are thrilled to have COSIMO as investors as we continue to collaborate with top-tier athletes, entertainers and institutions to deliver a world-class NFT experience”
“We’re incredibly proud to welcome BEASY to our portfolio of high-potential, blockchain-enabled companies and to have done so through a tokenized investment,” said Rob Frasca, Managing Partner of COSIMO Ventures. “As a venture firm on the cutting-edge of this new-age financial frontier, tokenization provides a unique way to break down the barriers of these illiquid and exclusive investment opportunities, giving retail investors access to incredible growth opportunities with immense upside potential, improved liquidity and transparent ownership rights.”
With an initial focus on serving athletes, entertainers, artists, and social media influencers, and aspirations to serve all multi-party consensus needs across the business landscape, BEASY’s platform streamlines digital rights management for the creator with end-to-end capabilities from creating their official digital identity to secondary market sales tracking. BEASY also provides loyal fans and customers simplified access to their favorite athlete or entertainer’s NFTs, which can be purchased with fiat or cryptocurrency directly from the seller’s own website or other popular marketplaces.
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“The potential for digital rights management through NFTs is massive, and we are thrilled to have COSIMO as investors as we continue to collaborate with top-tier athletes, entertainers and institutions to deliver a world-class NFT experience,” said Bob Kramich Founder and CEO of BEASY. “We look forward to using this seed capital to continue our ambitious growth plans and deliver unique solutions through our proprietary NFT workflow technology powered by blockchain.”
BEASY plans to use the seed round funding to bolster its engineering staff and technology capabilities. Since its founding in 2018, BEASY has established unique partnerships with Tykes, Inc, the Recording Artist Guild and ToldRight as it paves the way for the future of digital rights management.
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