NF3 raises USD 1.65 million in seed funding for NFT swaps and funding marketplace
SINGAPORE, 9 December 2022 /PRNewswire/ — NF3, a community-first NFT exchange and funding marketplace, announced today that it closed a 1.65 million dollars seed funding round.
The round is led by Infinity Ventures Crypto and Spartan Group and backed by DWF Labs and Saison Capital. Angel investors include Neil GomesEMEA Head of Fintech at Softbank, David ChengFounder at LeadBlock and Bitmex Co-founder Arthur Hayes.
NF3 was founded by Poor Sachar along with prominent Bored Ape Yacht Club members Skittlewood and 0xStarmowa in an effort to create a better fundraising and trading experience for people to interact on the web3 site. NF3 exchange (NF3x) will feature NFT exchange, exchange and funding functions, enabling users to exchange their digital collectibles with others in a secure and intuitive environment. Collectors looking to “upgrade” their collectibles to those with rarer traits have the option to create an offer package for entire traits or contact existing owners on the platform using the built-in chat function.
“We are honored to have the support of our strategic investors who believe in our mission and vision. Collecting and trading NFTs should be a communal, effortless and fun activity similar to trading cards. We want to change the way peer-to- peer (P2P) exchange works by building a secure platform where members of the different communities are able to exchange, communicate and seek funding in their fundraising journey. Poor Sacharco-founder of NF3.
“As traders become more sophisticated, they demand trading venues that allow them to do more, and the growth of the NFT market has sparked an increase in financing options for creators and collectors. The product range that NF3x offers its users goes beyond spot buying and selling, and we are pleased to support them as they onboard the next generation of NFT traders and funds on their platform.” so Kelvin Kohco-founder of Spartan Group.
NF3 Exchange will first launch on Ethereum blockchain, with support for Tezos, Polygon and Solana NFTs next on the roadmap. The platform will allow NFT collectors to have full control over their digital assets, while offering peer-to-peer financing options including “Buy Now, Pay Later” to capture these opportunities as they arise in Web3.
“NFTs are among the first mainstream tools to unlock the potential of Web3. I am pleased to support NF3x’s vision of a technological infrastructure that provides transparency, security and flexibility in an area where existing P2P trading methods are capital inefficient, and extremely vulnerable to fraud and hacks.” so David Chengfounder of LeadBlock.
NF3 also announced the launch of ApeCoinStaking.io partnered with Solidity.io earlier this month to build one Apecoin engagement platform for Bored Ape Yacht Club communities around the world.
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About NF3x
NF3x is a multi-chain NFT swap and options exchange marketplace that enables users to create personalized trading opportunities in a safe and reliable environment. Find out more here.
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SOURCE NF3X Labs
