Loading organizations...
Loading organizations...
NFT Now operates a web3 digital media platform focused on tokenized media. It delivers news, analysis, and insights into non-fungible tokens (NFTs) and the broader web3 ecosystem. The company empowers creators and collectors by showcasing innovators, fostering community, and organizing events like The Gateway to support this emerging digital landscape.
Co-founded by Matt Medved and Alejandro Navia, NFT Now arose from a need for a focused media voice in tokenized media. Medved, former Editor-in-Chief of Spin magazine and SVP at Modern Luxury, brought media and blockchain expertise. Navia, from Elite Daily and Verizon, contributed digital growth strategy to clarify the complex NFT market.
The platform serves digital artists, collectors, technologists, and web3 stakeholders. NFT Now's mission is to accelerate mainstream NFT and web3 adoption by empowering cultural creators with accessible intelligence. The company envisions redefining media's role within the decentralized internet, fostering a thriving, informed community.
NFT Now has raised $6.0M across 1 funding round.
NFT Now has raised $6.0M in total across 1 funding round.
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 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 has raised $6.0M across 1 funding round. Most recently, it raised $6.0M Series U in May 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| May 1, 2022 | $6.0M Series U | Andreessen Horowitz, Cambrian Ventures, Innovation Endeavors, Luno Expeditions, Timespan Ventures, Tribe Capital, Anshu Sharma |