Leading web3 fintech firm NFT Finance (NFTFN) recently concluded the first stage of the widely anticipated presale of its token. For the initial stage, NFTFN team allocated 10 million tokens at just $0.025 a piece, in a bid to raise $250,000. This presale goal was achieved in less than a month, speaking to NFTFN’s popularity in the crypto community and its growth potential this year.
Why Is NFTFN So Popular
NFTFN has taken the non-fungible token (NFT) market by storm, addressing the various challenges surrounding NFT trading. Crypto analysts and experts have been speaking highly of this innovative project, thanks to its strong foundation and unique selling propositions.
Leading the charge is NFTFN’s flagship product, SuperNova (SNV), a revolutionary trading platform that offers sophisticated financial instruments that provide exposure to blue chip NFT collections. Through SNV’s NFT floor price index, users can trade NFTs like Bored Ape Yacht Club (BAYC), Mutant Ape Yacht Club (MATV). Azuki, CloneX and Doodles, without directly owning them.
Strong Backing & Partnerships
NFTFN’s vision for the broader NFT market has resonated with investors like Polygon, Chingari, and Alpha Wave Global, who have raised over $500k for the project. NFTFN has also signed partnership agreements with industry leaders like Polygon and Binance Smart Chain (Blockchain Partners), OpenSea and BitsCrunch (Pricing Partners) and Google Cloud Platform (Cloud Partner).
NFTFN Presale Stage 2
After smashing the goals set for the first stage of its presale, NFTFN is now looking ahead to the stage 2, which has been allocated 25 million tokens priced at $0.03 each. With investors eagerly lining up to buy NFTFN, the massive success witnessed in stage 1 is expected to continue in the current stage as well.
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Crypto pundits believe that the growing popularity of NFTFN and the fear of missing out (FOMO) among investors who missed the first stage of the presale, will make stage 2 an even bigger success. At this rate, NFTFN tokens will likely disappear faster in the second stage.
Growth Potential
The market capitalization of the NFT space stood at $10 billion as of 2023. However, this figure is projected to reach a whopping $230 billion by 2030. NFT-centric projects like NFTFN can capitalize on the explosive growth of the NFT market, and witness a significant surge in their own value.
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