NFT tool company Center has raised $11 million in a seed round.

The company is trying to index and organize every NFT on every chain, and says it has 120 million NFTs on its books so far.

Center, an NFT tool company, announced on Thursday that it has raised $11 million in a seed round,media reported on July 28.

 

 

American venture capital firms Thrive and Founders Fund participated in the round.

 

Center was founded last year by Omar Bohsali, who previously worked at companies such as Coinbase and Paradigm. In a mission statement in March, Center said its goal is to make NFTs useful to individuals and developers. To that end, it is trying to index and organize every NFT project on every blockchain, and says it has 120 million NFTs on its books so far.

 

In a press release shared exclusively with The Block, the company said:

 

It's a bit like indexing the web, but we're organizing all unlicensed digital property, not web pages.

The company’s seed round comes after interest in NFTs exploded, and several NFT search engines have been launched in the past year.

 

In December, decentralized photo network Numbers Protocol launched its NFT search platform, although at the time of this writing, a link to a search tool on its website wasn’t working. And just last month, HUMBL also announced the launch of its cross-chain NFT search platform for Web3.

 

Center's five-person team is also developing NFT tools for developers, including NFT rendering APIs and multi-chain interoperability aids.