Dots.capital and Nftfy work together
The recent wave of blockchain mindshare and price appreciation has been driven by many factors — the accelerated maturation of the DeFi space, massive institutional investment and corporate Saylorism, flow-on effects of the Bitcoin block halving, the explosive growth of the NFT space and more. A number of micro-factors have been interesting to note, too — Beeple’s 69M NFT art sale has placed him “among the top three most valuable living artists”, as per the auction house. The world’s largest cryptocurrency exchange Binance has recently allowed for the fractionalised purchase of conventional stocks, including Tesla and Coinbase.
Nftfy has emerged from the eye of this hurricane of activity, making waves in the NFT fractionalisation space as they come close to launching their decentralised open marketplace. Nftfy allows anyone to monetise assets, art, Lands and collectibles, thus giving owners of such assets access to core DeFi functionalities, including loans, derivatives, insurance and more.
We’re proud to announce our investment into the Nftfy protocol, alongside other giants of the VC space like GD10 Ventures, AU21 Capital and more. We were excited to support Nftfy because of the clear value proposition and excellent market timing. The product is well designed and user friendly, the team behind it is capable and driven, and we see the overlap of the NFT and DeFi space as an essential area to nurture for an overall cohesive and resilient Cryptoverse in the coming years.
As Strategic Partners to Nftfy, we are offering all our services to ensure the team succeeds. Whether it’s support from our tight networks in the space, consultations on go-to-market strategy or marketing or legal, or even simply being a bouncing board to talk through any of the growing pains that all successful startups must attend to, we are committed to having Nftfy make massive waves as ‘crypto’ gets increasingly normalised to institutions and laypeople.
As of this writing, Nftfy is looking to launch their IDO on Poolz on May 5 with an LBP on Balancer in the subsequent days — keep an eye out on their Twitter at @nftfyofficial and Telegram at @nftfySec.
