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Ethernal Labs
Creative technology studio for NFTs and metaverse experiences
About Ethernal Labs
Ethernal Labs is a technology studio and incubator that focuses on Web3, the metaverse, and non-fungible tokens (NFTs). Launched by the authenticated NFT marketplace Ethernity, the company provides an ecosystem of decentralized applications to help brands, artists, and notable figures enter the blockchain space. Ethernal Labs acts as a creative and technological partner for launching NFT collections, fan tokens, and virtual events. The company's services include white-label solutions, digital asset creation, and marketing and distribution through established channels.
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Founded in 2022 by Nick Rose, who is also the founder and CEO of Ethernity, Ethernal Labs was established to be an incubator for the Web3 creator economy. Rose, a crypto investor and advocate since 2011, aimed to expand Ethernity's vision of authenticated, utility-based NFTs and digital experiences. In February 2022, the company announced a $20 million seed funding round with investors including Ripple, Algorand, Polygon Studios, and former Google CEO Eric Schmidt. This funding was allocated to expand its offerings and team, and to build play-to-earn (P2E) gaming experiences.
The company's business model is centered on creating and producing digital products for global brands, entertainment franchises, and public figures. It operates as a one-stop-shop for entities looking to engage with the metaverse and NFTs, providing tools for avatar creation, P2E gaming, and authenticated marketplaces. Ethernal Labs' ecosystem includes several key products. Fanable is a marketplace for authenticated collectibles, while EyeCandy is a decentralized auction marketplace for unique artworks. The company is also developing a play-to-earn gaming metaverse called The Exorians. By offering these services, Ethernal Labs facilitates new forms of digital engagement and ownership for its partners and their audiences. Keywords: NFT creative studio, metaverse technology, Web3 incubator, digital collectibles, play-to-earn gaming, authenticated NFTs, fan tokens, virtual events, blockchain development, digital asset creation, Ethernity, Nick Rose, EyeCandy, Fanable, The Exorians, white-label NFT solutions, decentralized applications, P2E gaming, cross-chain interoperability, digital ownership
At a glance
- Status
- Operational
- Founded
- 2022
- Headquarters
- Los Angeles, United States
- Employees
- 1
- Open positions
- None listed
- Dealroom signal
- 25.0/100
- Industry
- Enterprise Software
- Sector
- Other B2B Software, Hard Tech, DT and LS
- Technology
- Blockchain, Deep Tech
- Business model
- SaaS
- Client focus
- b2b
Latest news
Press, funding announcements and product moves mentioning Ethernal Labs.
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| EARLY VC✓Equity / VC | Feb 2022 | $20M | $80M | Eric Schmidt · Thomas Vu · Polygon Studios · Banter Capital | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Ethernal Labs is 70 monthly website visits, down 70.8% over the last three months. Ethernal Labs's team grew 0% over the past year.
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A10 investors entered at this stage
Eric Schmidt- TVThomas Vu
Polygon Studios- BCBanter Capital
Michael Rubin
Kenetic Capital- BCBlack Edge Capital
Ripple
Algorand
Morningstar Ventures
Other known investors3 additional known investors
Humla
Humla Ventures
XBTO Humla Ventures
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
An AI-synthesised read of the highest-engagement posts about Ethernal Labs on X, ranked by likes and reposts, corporate channels excluded.
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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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