Tonic.xyz is a fine art gallery and community that is offering highly curated generative art on the blockchain for art and design fanatics. The art offerings are targeted for both crypto and non-crypto natives. The platform was founded by Susannah Maybank under its parent company, Tonic Labs Inc that is based in San Francisco.
Tonic.xyz offers a premium art NFT(Non-Fungible Token) gallery that has been designed for both crypto and non-crypto native collectors. The platform prides itself in offering access to the best digital art worldwide with easy onboarding. The firm also aims to bridge the gap between physical and digital art to empower the next generation of digital artists and collectors and therefore, defining the future of art experience and collection.
Tonic.xyz has recently announced the closure of its seed fundraising round that enabled the firm acquire funding amounting to $5 million. The funds drive round was co-led by Patron and TTCER. The 2 investors are venture capital funds that are relatively new investors with 5 and 1 companies on their portfolio respectively.
With the new funding in place, Tonic.xyz aims to utilize them in further development and expansion of its platform therefore, enabling more people to access the world of NFTs. The firm’s innovative platform is currently offering a curated selection of NFTs from top artists in the industry while allowing collectors to buy and sell unique and valuable digital art pieces as collectibles.
NFTs are currently revolutionizing the arts space in a manner that is democratized, transparent and accessible to people of all financial backgrounds. Leveraging NFTs in the art sector has enabled artists and collectors to access new revenue streams that were otherwise inaccessible or non-scalable prior to this technology. Artists can monetize their work while collectors can access new investment opportunities. Tonic is at the forefront of this revolution as it is creating a platform that bridges the gap between traditional art collection and the digital world.
So far, the platform has managed to sell out some of its curated NFT art collections including “Strands Of Solitude” by William Mapan. The sold out collections can be purchased on secondary markets like Opensea. Apart from listing collections, the platform also offers its users a chance to learn about unparalleled artistic expressions through a combination of generative art and blockchain.
