Justin Aversano’s Quantum Art Ethereum NFT Platform Raises $7.5M

Today, Quantum Art—which Aversano co-founded with Kris Graves, Alexx Shadow, and Jonas Lamis—announced that it has raised $7.5 million as part of a Series A round led by True Ventures via partner and noted NFT enthusiast, Kevin Rose. Quantum Art launched on the back of Aversano’s own rising star in the photography space, with his Twin Flames collecting amassing fans like Vaynerchuk. In October, Aversano sold a Twin Flames NFT alongside a set of physical prints for $1.1 million at a live Christie’s auction, topping the sale prices of work from the likes of Ansel Adams and Diane Arbus. While photography is Quantum Art’s big hook for now, Lamis sees the platform’s unique approach to drops—with most projects featuring between 50 and 100 distinct NFT images, each dropped randomly to buyers—as another key differentiator. Aversano said that he’s seen “exponential growth” in the photo NFT space and expects further momentum ahead, with Quantum Art offering a way for creators to enter the space—and for collectors to discover a diverse array of work.