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CRITOART

The business, the turning points, and the decisions behind them.

Founded2022
FundingUS$890K
Some sections are still being researched1 / 4

Sections to complete:02

01 / WHAT IT BUILT

What the company did

CRITOART was a UK e-commerce startup that built an NFT and digital art marketplace - a platform for showcasing, buying, and selling digital assets securely, empowering creativity and innovation within the NFT community. Operating in the Web3 ecosystem around blockchain technology and digital assets, it positioned itself as a secure trading platform and creative showcase for digital art and collectibles, competing with platforms like KnownOrigin Labs and Marble DAO. Founded in 2022, it completed a single angel funding round of $890,000 on May 4, 2023. No public record of a shutdown, acquisition, or later funding was found.

02 / FAILURE REASONS

Pending assessment

Material for this section is being gathered and checked. It will appear here once ready.

03 / EVENT HISTORY

Events in the structured record

  1. Founded

    CRITOART was founded in the UK to build an NFT/digital art marketplace.

  2. $890K angel round

    On May 4, 2023 CRITOART completed an $890,000 angel round from a single investor.

  3. No failure record

    No public record of a shutdown, acquisition, or later funding was found; the record's event remains unconfirmed.

04 / CONTEMPORARY REBUILD ASSESSMENT

Difficulty of rebuilding this project today

Material for this section is being gathered and checked. It will appear here once ready.

Rebuild difficultyPending assessmentNot completed
Scoring basisNot completed
ScalabilityPending assessmentNot completed
Scoring basisNot completed

Overall assessment: Not completed

05 / CAUSAL CHAIN

How the factors connect

  1. 01

    Founded in 2022 in the UK as an NFT and digital-art marketplace; closed an $890,000 angel round in May 2023.

  2. 02

    No public record of a closure, bankruptcy or acquisition could be found.

  3. 03

    No audited loss figure was publicly disclosed.