NFTFN, a fintech entity in the web3 arena, has successfully completed the initial phase of its fundraising, securing $500,000 by distributing 10 million $NFTFN tokens at $0.025 each over ten days. The second phase of the initiative has already attracted considerable interest, with over 1.7 million tokens distributed promptly.
NFTFN Completes Initial Fundraising Phase, Securing Half a Million Dollars for Web3 NFT Market Access
New York, NY – March 8, 2023 – NFTFN, a cutting-edge fintech entity in the ever-evolving web3 landscape, has concluded a successful initial phase of its fundraising initiative, amassing a substantial $500,000 in capital. This achievement was realized through the strategic distribution of 10 million $NFTFN tokens over a ten-day period, with each token priced at $0.025.
The overwhelming response to this fundraising endeavor underscores the immense interest in NFTFN's mission to democratize access to the burgeoning NFT market. Abhishek Kumar, Co-founder and Chief Marketing Officer of NFTFN, expressed his gratitude for the outpouring of support from the community. “The completion of our first phase not only marks a promising start but also serves as a testament to our unwavering commitment to unlocking new opportunities for NFT enthusiasts,” Kumar stated. “We are immensely grateful for the community's belief in our vision and eagerly anticipate continuing this momentum in the upcoming phase of our fundraising efforts.”
Vikas Singh, Co-founder and Chief Executive Officer of NFTFN, echoed Kumar's enthusiasm. “This remarkable initial success provides a solid foundation for the exciting stages that lie ahead,” Singh remarked. “The overwhelmingly positive market response has further fueled our determination to significantly enhance our platform's capabilities. The upcoming phase is pivotal as we broaden our offerings and forge strategic partnerships with key industry players to deliver unparalleled value to our token holders.”
NFTFN has emerged as a beacon of innovation in the NFT space, addressing critical obstacles such as prohibitive entry costs and the absence of robust hedging and risk management tools. Its flagship initiative, SuperNova (SNV), stands out as a Perp DEX specifically designed for Blue-Chip NFTs. This groundbreaking platform empowers participants to engage in price speculation on premier collections like Bored Ape Yacht Club (BAYC), Mutant Ape Yacht Club (MAYC), Azuki, Doodles, and Clone X, all without the need for direct asset ownership.
The resounding success of the initial fundraising phase has fueled considerable anticipation for the second phase, which has already garnered tremendous interest. NFTFN aims to raise an additional $750,000 during this phase, solidifying its position to capitalize on the burgeoning global NFT market. As the web3 ecosystem continues to evolve at a rapid pace, NFTFN remains steadfast in its dedication to driving innovation and expanding accessibility within the NFT landscape.
About NFTFN
NFTFN is a trailblazing fintech entity that has emerged as a driving force in the web3 arena. With an unwavering commitment to democratizing access to the NFT market, NFTFN has developed a cutting-edge platform that addresses critical challenges faced by NFT enthusiasts. The company's flagship initiative, SuperNova (SNV), stands out as a Perp DEX specifically designed for Blue-Chip NFTs, enabling participants to engage in price speculation on premier collections without the need for direct asset ownership. NFTFN is poised to revolutionize the NFT space further by seamlessly integrating with key industry players, bringing unparalleled value to its token holders and driving the growth of the web3 ecosystem.
