ConsenSys Announces Acquisition of Treum…Details Here
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Answer ConsenSys Announces Acquisition of Treum…Details Here
announced ConsenSys, one of the leading blockchain companies, recently acquired the Treum team and its NFT platform called Mesh. The financial details of the acquisition were not disclosed.
In the official announcement, ConsenSys stated that the acquisition of Treum will facilitate the expansion of NFT’s offerings to creators, brands, game publishers, sports teams and leagues.
ConsenSys also highlighted the growing popularity of NFT tokens.
Earlier this year, ConsenSys, HENI Group and Heyday Films introduced Palm NFT.
In 2021, the Treum team significantly expanded its offering to meet the growing demand for NFTs.
The company recently launched EulerBeats.com, an Ethereum-based non-fungible music and art (NFT) project that features algorithms-generated art and audio tracks.
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Commenting on the recent acquisition, Jonah Powell of ConsenSys said:
ConsenSys is on a mission to unlock the power of communities and make Web 3.0 global, easy to access and build upon.
Today, MetaMask is used by more than 10 million monthly active users, many of whom use the platform to collect NFTs.
It was a clear decision for ConsenSys to accelerate the development of our complete NFT platform for end users and builders.
Energy:
Treum announced several partnerships in 2021 to expand its operations.
The company has teamed up with Jonathan Rosen, a well-known text and multimedia artist, to release “The Biggest Drop,” now known as “The Dream Machine,” a limited collection of NFTs first shown on 36 screens and digitally on London’s Oxford Street.
Tyler Mulvihill, co-founder of Treum, said:
The Treum team has built the leading NFT full lifecycle platform, and we are excited to continue our exponential journey with the global reach that ConsenSys has.
We will continue to serve our key IP clients, deepen our development of virtual worlds, launch cutting edge NFT, and introduce 100 million new users to the Web 3.0 community.
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