Nft42
Denver, US · Founded 2021 · Wyoming corporation · 3 known investors
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nft42 builds on-chain NFT products on Ethereum, including Avastars (generative vector-art digital collectibles with unique trait combinations) and nameless, a Web3 product suite offering cloud-based private testing environments with Ethereum, IPFS, and Arweave integrations for building and testing dapps and NFT projects. It targets NFT creators, collectors, and Web3 development teams building metaverse infrastructure.
Founders & leadership
Nft42 was founded in 2021 by Jimmy McNelis.

Investors · 3
How we know: funding news · the VCSheet dataset · Not right? Tell us
How we know: funding news · Not right? Tell us
How we know: funding news · Not right? Tell us
Reported raises · per SEC filings
Form D private placements$3M disclosed across 1 round · 2021
▶$3MraisedMar 2021 · 5 investors · Other TechnologyRule 506(c)
- James McNelisExecutive Officer, Director
- Michelle BrownDirector
- Offering amount
- $3M
- Amount sold
- $3M
- Minimum investment
- $200K
- Proceeds to insiders
- $50K
- First sale
- Feb 2021
- Incorporated
- Corporation, Wyoming, 2021
- Federal exemptions
- 06c
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Frequently asked questions
- What does Nft42 do?
- nft42 builds on-chain NFT products on Ethereum, including Avastars (generative vector-art digital collectibles with unique trait combinations) and nameless, a Web3 product suite offering cloud-based private testing environments with Ethereum, IPFS, and Arweave integrations for building and testing dapps and NFT projects. It targets NFT creators, collectors, and Web3 development teams building metaverse infrastructure.
- Who founded Nft42?
- Nft42 was founded by Jimmy McNelis in 2021.
- Who are Nft42's investors?
- Nft42's investors include Velvet Sea Ventures, Red Beard Ventures, Sound Ventures.
- How much funding has Nft42 raised?
- Nft42 has disclosed $3M raised across 1 round.
- Where is Nft42 headquartered?
- Nft42 is headquartered in Denver, US.

