NFT Now is a technology company.
NFT Now has raised $6.0M across 1 funding round.
NFT Now has raised $6.0M in total across 1 funding round.
NFT Now has raised $6.0M in total across 1 funding round.
NFT Now's investors include Andreessen Horowitz, Cambrian Ventures, Innovation Endeavors, Luno Expeditions, Timespan Ventures, Tribe Capital, Anshu Sharma.
NFT Now is a Web3 digital media company founded in 2021 that provides NFT news, analysis, interviews, drops, videos, and features to empower creators of culture and bring web3 from niche to mainstream.[1][2][3][4][5] It serves creators, collectors, and the broader public by simplifying the NFT space through actionable strategies, community-building, and innovative tools like the Now Pass—a membership enabling community participation in content creation and tokenized media experiences.[1][2][3] The platform solves the problem of web3's intimidation factor by educating newcomers, showcasing trailblazers, and fostering a supportive ecosystem, while evolving into "now media" to pioneer tokenized media as a flagship brand with verticals like Now Runway for digital fashion.[2][3]
Its growth momentum includes hosting renowned events like NFT100 and Gateway across continents, launching tokenized podcasts, airdrops for holders, and community-curated series like Next Up, positioning it as a trusted authority in web3 media.[1][2]
NFT Now was co-founded in January 2021 by Matt Medved (CEO & Editor-in-Chief) and Alejandro Navia (President).[1][2][3] Medved brings nearly a decade of experience bridging music, culture, and blockchain; he previously founded Billboard Dance, served as Editor-in-Chief of Spin magazine, and was SVP of Content at Modern Luxury.[3] Navia, an early employee at Elite Daily (acquired by Daily Mail), worked on content strategy at Verizon, and later became an executive coach for entrepreneurs.[3]
The idea emerged from Medved's vision to elevate creativity amid blockchain's rise, launching as a media platform to educate and amplify web3 pioneers amid NFTs' explosive early growth.[1][2] Pivotal moments include rapid establishment as an award-winning outlet, unveiling the Now Pass, and evolving into now media by 2023 (or later), with expansions like Now Runway during Paris Fashion Week and global events driving early traction.[1][2]
NFT Now rides the web3 and tokenized media trend, converging content, culture, and blockchain to drive mainstream NFT adoption amid a shift from hype to utility-focused revolutions.[1][2] Timing aligns with post-2021 maturation, where digital fashion, creator economies, and tokenized assets gain traction—exemplified by Now Runway's Ethereum conference ties and global events amid luxury's web3 pivot.[2]
Market forces like community ownership models and AI-blockchain intersections favor it, as NFTs evolve into tools for creatives beyond speculation.[1] It influences the ecosystem by uplifting pioneers, educating masses, and prototyping web3 media (e.g., holder rewards, curated content), acting as a "rising tide" that accelerates web3's cultural integration.[2][3]
NFT Now's trajectory points to expanded now media conglomerate status, with deeper Now Network rewards, more verticals (e.g., newsletters, podcasts for Now Runway), and global events unlocking tokenized experiences.[2] Trends like tokenized content ownership, digital luxury mainstreaming, and web3's creator empowerment will shape it, potentially evolving influence from NFT commentator to web3 media leader via community governance.[1][2]
As a 2021 pioneer, its focus on culture-tech fusion positions it to thrive in web3's next phase, empowering creators where "content, culture, and creatives converge"—directly advancing its founding mission from niche to ubiquitous.[1]
NFT Now has raised $6.0M across 1 funding round. Most recently, it raised $6.0M Venture Round in May 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| May 1, 2022 | $6.0M Venture Round | Andreessen Horowitz, Cambrian Ventures, Innovation Endeavors, Luno Expeditions, Timespan Ventures, Tribe Capital, Anshu Sharma |