Leading web3 fintech project NFT Finance (NFTFN) recently wrapped up the first stage of its presale. The first round was a stellar success and saw 10 million tokens sold for $250,000 in a very short span of time. All eyes are now on the second stage of NFTFN’s highly anticipated presale, for which 25 million tokens have been allocated.
A Closer Look At NFTFN
NFTFN is an innovative project that addresses the various challenges that currently plague the non-fungible token (NFT) market. This includes expensive entry barriers and lack of liquidity as well as risk management tools. SuperNova (SNV), NFTFN’s flagship offering, is a revolutionary decentralized exchange (DEX) that offers sophisticated financial products, like its novel NFT floor price index.
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SNV offers exposure to top tier NFT collections like Bored Ape Yacht Club (BAYC), Mutant Ape Yacht Club (MAYC), CloneX, Doodles and Azuki, without requiring users to own the NFTs themselves. This innovative trading platform allows users to take long or short positions based on the floor price of these NFTs.
Strong Backing & Partnerships
NFTFN is backed by an impressive list of investors that includes Polygon founder Sandeep Nailwal, Dapps and Chingari, who have raised $500k for the project. NFTFN also boasts partnerships with industry leaders like Binance Smart Chain and Polygon (Blockchain Partners), OpenSea, NFTBank and BitsCrunch (Pricing Partners), and Google Cloud Platform (Cloud Partner).
NFTFN Presale Stage 2
After a lightning initial presale round, NFTFN has rolled out the second stage of its presale. Everyone from retail traders to crypto whales is eagerly lining up to buy NFTFN for just $0.030 (supply limited to 1 billion tokens). In the second stage, NFTFN is looking to raise $750k from the 25 million tokens allocated for this round.
Growth Potential
The recent resurgence of the cryptocurrency market has induced considerable bullish momentum and an overall positive sentiment, which has prompted an increase in market liquidity and investor confidence. These factors have led to an uptick in investment, which is expected to boost the price of promising altcoins like NFTFN.
The market capitalization of the NFT market came in at $10 billion last year. As per experts, this figure is estimated to reach a whopping $230 billion by the end of the decade. NFT-centric projects like NFTFN are well positioned to capitalize on this explosive growth and witness a significant surge in their value.
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