Bitexen Becomes Seed Investor Of Babylon's Decentralized Nft Marketplace

Bitexen Teknoloji A.Ş. became the seed investor of Babylons, which was developed by Turkish engineers and entrepreneurs in February 2021 and achieved the status of the most active NFT marketplace in Turkey by rising to first place in its network and fifth place in all other networks in July, according to DappRadar data.

Babylons serves its users in art and blockchain gaming and enables the trading of NFT assets between users. The NFT marketplace, which will begin selling the management token BABI on TrustPad on Aug. 16 and ChainBoost on Aug. 17, will be listed on a decentralized exchange in its first phase.

What is a seed investor?

A seed investor is a person/institution that invests in the early stage and has confidence in the future and vision of the project. Here investors invest in early-stage venture projects and institutions.