{"id":643377,"date":"2013-02-21T11:48:46","date_gmt":"2013-02-21T16:48:46","guid":{"rendered":"http:\/\/techcrunch.com\/?p=760796"},"modified":"2013-02-21T11:48:46","modified_gmt":"2013-02-21T16:48:46","slug":"cgtrader-an-online-marketplace-for-3d-models-raises-185k-euro-from-practica","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/643377","title":{"rendered":"CGTrader, An Online Marketplace For 3D Models, Raises 185K Euro From Practica"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" width=\"100\" height=\"70\" src=\"http:\/\/tctechcrunch2011.files.wordpress.com\/2013\/02\/logo_160x160_2.jpg?w=100&amp;h=70&amp;crop=1\" class=\"attachment-tc-carousel-river-thumb wp-post-image\" alt=\"LOGO_160x160_2\" style=\"float: left; margin: 0 10px 7px 0;\" \/><\/p>\n<p>As 3D printing and modeling moves into the mainstream, it&#8217;s interesting to see the rise of small players in the market and the capital raised. Take, for example, CGTrader. Originally designed as a marketplace for 3D designers and artists, it&#8217;s just raised nearly 200,000 euro from <a  href=\"http:\/\/practica.lt\/en\">Practica Capital<\/a>, a fund in Lithuania. Founded by <a  href=\"http:\/\/lt.linkedin.com\/pub\/marius-kalytis\/8\/505\/67\">Marius Kalytis<\/a>, the company is based in Vilnius.<\/p>\n<p>Most of the models are highly detailed objects aimed at video game creators and other 3D wonks. However, because a 3D model is a 3D model is a 3D model, CGTrader is able to sell almost any virtual object.<\/p>\n<p>A major problem in the 3D model industry is notoriously low royalty rates for designers and artists &#8211; the creator of the model frequently receives only 40-60% of sale proceeds, or, in order to earn more, is often bound by exclusivity requirements. This makes selling 3D models online not a very attractive activity for designers, and therefore limits the potential of industry growth,&#8221; said Kalytis. He said the CGTrader is &#8220;a fair, author-friendly marketplace&#8221;<\/p>\n<p>The company takes 6% of any sale and they can use the platform to support their customers when they have issues or queries.<\/p>\n<p>&#8220;The funding will be used for developing the marketplace from the technical perspective, building the community further, and, most importantly, expanding distribution channels for our designers &#8211; including 3D printing,&#8221; said Kalytis. It&#8217;s one small step for 3D models of horses, one giant leap for the monetization of the 3D-printing as a holistic market.<\/p>\n<p><a  href=\"http:\/\/tctechcrunch2011.files.wordpress.com\/2013\/02\/screen-shot-2013-02-21-at-11-28-07-am.png\"><\/a><\/p>\n<p>  <a rel=\"nofollow\" href=\"http:\/\/feeds.wordpress.com\/1.0\/gocomments\/tctechcrunch2011.wordpress.com\/760796\/\"><\/a> <\/p>\n<div class=\"feedflare\">\n<a href=\"http:\/\/feeds.feedburner.com\/~ff\/crunchgear?a=tpfNWi4kxIM:ywkaRHucu84:V_sGLiPBpWU\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/crunchgear?i=tpfNWi4kxIM:ywkaRHucu84:V_sGLiPBpWU\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/crunchgear?a=tpfNWi4kxIM:ywkaRHucu84:F7zBnMyn0Lo\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/crunchgear?i=tpfNWi4kxIM:ywkaRHucu84:F7zBnMyn0Lo\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/crunchgear?a=tpfNWi4kxIM:ywkaRHucu84:yIl2AUoC8zA\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/crunchgear?d=yIl2AUoC8zA\" border=\"0\"><\/img><\/a>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>As 3D printing and modeling moves into the mainstream, it&#8217;s interesting to see the rise of small players in the market and the capital raised. Take, for example, CGTrader. Originally designed as a marketplace for 3D designers and artists, it&#8217;s just raised nearly 200,000 euro from Practica Capital, a fund in Lithuania. Founded by Marius [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-643377","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/643377","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=643377"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/643377\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=643377"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=643377"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=643377"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}