investment 2021-10-13

NFTically Secures Additional Seed Investment

The company eyes to be part of the $ 370 billion global NFT markets in the coming fiscal year with the USA, MENA, and SEA as the big targets

By Content Writer
NFTically Secures Additional Seed Investment

NFTically, global NFT marketplace creator and B2B SaaS for launching white-label NFT Stores & Marketplaces, has secured under $1 million investment in the additional seed funding round led by marquee investors in their individual capacity. The round saw participation from Nitish Mittersain (Nazara Games), Gaurav Munjal (Unacademy), Sujeet Kumar (Udaan), Kunal Kapoor (Bollywood Actor), Surojit Chatterjee (Coinbase), and other global investors.

With this additional funding within three months of its launch, NFTically plans to go into overdrive by directing the funds towards crucial operations such as proactive team building, marketing, and enhanced product development. NFTically will further boost the success received by enterprises, celebrities, and influencers by monetizing through their own stores.

"We are elated to garner this new round of funding and win the faith that our investors have demonstrated in NFTically. Today not only celebrities, content creators, artists, influencers, gamers but now businesses are also more than ever looking to monetize their digital assets. Executives are seeing how NFTs are creating value for their business. Our aim is to empower everyone to create wealth with ease by launching their own NFT marketplace on a global stage," said Toshendra Sharma, founder and chief executive officer, NFTically.

With the vision of increasing accessibility to NFTs, NFTically allows users and organizations from non-technical backgrounds to launch their own white-label NFT Marketplace or store to mint, sell, & buy non-fungible tokens (NFTs). NFTs present an opportunity for digital business leaders to birth new business models, extend the value of existing products and services and enter new markets. With increasing digital transformation consuming all businesses, decisions are moving towards more efficient alternatives to the traditional platforms or processes. Businesses are keen to monetize their assets digitally while relying on smart contracts for higher security, identity protection, data verification and supply chain management. NFTically sees immense promise for sports federations, Bollywood movie studios and corporate India to adopt this in the coming months and remains keen to offer a clear strategy to support them. The company has a focus towards catering to gaming and enables monetization of digital assets on any existing website.

“While NFTs are still in the formative years, the expansive and bustling NFT ecosystem sees constant innovation and I am certain that NFTically has the right team and vision to capitalize on it as the ecosystem matures," shared Nitish Mittersain, managing director, Nazara.

“We are excited to see interest from global investors. NFTically is in the space which can absorb large investments for market penetration. We are already in the process to raise a larger Pre-Series A round and expand the business footprint,” added Jitendra Tatiya, Creago Advisors LLP.

Considering the growing interest of millennials and Gen-Z in the digital assets segment, the platform aims to work towards building NFT education and awareness among the users while enabling them to reap optimum benefits of NFTs at the same time. Recently, the platform made a record by selling Bollywood’s first NFT - ZEE Studios where it sold the NFTs at sixfold more than the expected price.

 

इस ख़बर को पढ़ने के लिए यहां पर क्लिक करें

Click Here To Read The Original Version Of This News In English

Comment
image
image
mobile
address
star franchise india
Related opportunities
  • About Us: Year of establishing company & Brief content of company:..
    Locations looking for expansion Delhi
    Establishment year 2015
    Franchising Launch Date 2019
    Investment size Rs. 10000 - 50000
    Space required 50
    Franchise Outlets -NA-
    Franchise Type -NA-
    Headquater New delhi Delhi
  • Tea And Coffee Chain
    About Us: CHAI CALLING is one the most renowned tea brands..
    Locations looking for expansion Uttar pradesh
    Establishment year 2015
    Franchising Launch Date 2018
    Investment size Rs. 2lac - 5lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Bareilly Uttar pradesh
  • Tea And Coffee Chain
    About Us: We serve our tea the way Indians like best!! Freshly..
    Locations looking for expansion DELHI
    Establishment year 2008
    Franchising Launch Date 2009
    Investment size Rs. 10lac - 20lac
    Space required 50
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater DELHI DELHI
  • Sports Garments
    The company is the brain child of Paladugu Venkateshwar Rao..
    Locations looking for expansion Andhra pradesh
    Establishment year 2006
    Franchising Launch Date 2020
    Investment size Rs. 20lac - 30lac
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater telangna Andhra pradesh
Insta-Subscribe to
The Franchising World
Magazine
tfw-80x109
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
email
mobile
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities
More Stories

Free Advice - Ask Our Experts

pincode
;
ads ads ads ads