Web3 Startup nealthy Raises $1.3M in Pre-Seed Funding Round to Simplify Crypto and NFT Investment

2023-3-8 12:45

Coinspeaker
Web3 Startup nealthy Raises $1.3M in Pre-Seed Funding Round to Simplify Crypto and NFT Investment

nealthy, a Web3 startup that facilitates cryptocurrency and NFT investments, has announced that it successfully concluded a pre-seed funding round where it raised $1.3 million. The funding round saw backing from several Web3 investors and crypto celebrity ‘DonGeraldo.’

The Web3 startup is an Ethereum-based platform offering interested users varying exposure levels to NFT and crypto investments. nealthy plans to use the funds for team expansion by hiring talent to help design the platform with more customer offerings. nealthy also intends to apply the funds to boosting sales and funding platform development.

All nealthy users enjoy enhanced security since assets are stored on-chain. According to nealthy CTO Zied Said (Zedsi), the startup understands the risks associated with its service. Regardless, Zedsi assures users that all funds are safe. According to the CTO:

“This is a space with enormous potential, and with any potential comes risk. To counteract those risks, we maintain security by storing all assets in cold wallets and smart contracts. Each cold wallet is public and maintains completely transparent holdings.”

nealthy Funding to Help Solve Web3 Investment Risks and Protect Customer Funds

nealthy separates itself from similar platforms by offering solutions to some common problems faced in the Web3 marketplace. Although there is a significant increase in Web3 interest, potential investors constantly battle high entry barriers to most of these markets. For instance, the average consumer may find it difficult to make meaningful investments in Web3 because of hefty amounts required, especially to purchase some NFTs. At the same time, regulators are finding it difficult to understand and keep up with the ever-growing and fast-changing Web3 environment and are mostly unable to create regulatory frameworks that adequately protect users.

Prospective investors worried about these barriers can now easily enter the Web3 space via nealthy. Armed by the recent funding round, nealthy will defeat complex entry barriers by offering users index tokens that function like exchange-traded funds (ETFs). These index tokens help users diversify their portfolios, effectively increasing immunity against sudden market movements. One example of a nealthy index token is the $NFTS, which is pegged to several blue-chip NFTs at 1:1.

Speaking on diversification and the benefits of index tokens, nealthy CEO Ludwig Schroedl said:

“As NFT trading markets evolve, potential investors are showing increased interest in diversification. That’s even more true for first-time investors. A blue-chip index token, like $NFTS, can provide superior investment opportunities at a reduced level of risk. And if we can do it with NFTs, we can do it with every asset on the blockchain.”

User Access to nealthy

Interested users can buy tokens from many decentralized exchanges (DEXs) available in the market. According to nealthy, centralized exchanges (CEXs) will also support nealthy purchases in the near future. Another way nealthy ensures fund security is by storing assets in secured smart contracts and cold wallets. All wallets are public and verifiable via Proof of Reserve.

Apart from simply investing in tokens and earning as prices increase, users can also grab profits via staking, as nealthy allocates profit as annual percentage yield (%APY) via $NEAL tokens. In addition to staking returns, users can enjoy free tokens via nealthy airdrops.

next

Web3 Startup nealthy Raises $1.3M in Pre-Seed Funding Round to Simplify Crypto and NFT Investment

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Multi Channel Influencer Creater Cloud Funding Platform (MCI) на Currencies.ru

$ 7.82E-5 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.07 %, 7d: -52.90 %
Cегодня L: $7.82E-5 - H: $7.82E-5
Капитализация $102.747k Rank 2192
Цена в час новости $ 0.0136825 (-99.43%)

funding round pre-seed nealthy web3 startup nft

funding round → Результатов: 126


Фото:

Kyoko Raises $3M in Private Funding Round Led by Animoca Brands

Kyoko.finance, a DAO-to-DAO credit provider and cross-chain GameFi NFT lending market is pleased to announce it has raised $3 million in its private funding round. As per the announcement, led by Animoca Brands, the funding round saw numerous key investors come together, including Infinity Ventures Crypto (IVC), Momentum 6, Red Building Capital, Morningstar Ventures, NGC Ventures, BlockchainSpace, […]

2022-2-3 22:33


Фото:

Solrise Finance Successfully Concludes $3.4 Million Funding Round

Solrise Finance, a decentralized fund management and investment protocol on Solana has announced the successful completion of its funding round, which raised $3.4 million. According to the protocol, the funding round saw the participation of various top venture capital funds, including Alameda Research, Jump Capital, CMS Holdings, DeFi Alliance, Reciprocal Ventures, Delphi Digital, and Parafi, DeFi […]

2021-7-7 00:01


Фото:

Community-Driven VC and Multi-Chain Launchpad BullPerks Raises $1.8 Million in Private Funding Round

Community dedicated decentralized VC and multi-chain launchpad BullPerks has successfully closed $1. 8 million worth of private funding round. BullPerks Concludes Private Funding Round According to a press release issued on June 4, BullPerks has completed its private funding round whereby it was able to raise funds to the tune of $1.

2021-6-4 13:01


Фото:

Cryption Network Raises $1.1 Million In Latest Private Funding Round

Cryption Network, a crypto platform built for retail traders, announced it had completed its private funding round, which raised $1. 1 million. The funding round attracted numerous investors, including CMS Holdings, GravityX Capital, Master Ventures, GenBlock, Ascensive Assets, X21 Digital, AU21, WaterDrip Sandeep Nailwal of  Polygon, and Humayun Sheikh of Fetch.

2021-5-26 20:38


DEX aggregator 1inch secures $2.8M funding round led by Binance Labs

The team of DEX aggregator 1inch, today announced it has closed a $2.8M funding round from institutional investors, including Binance Labs, which led the funding round, as well as Galaxy Digital, Greenfield One, Libertus Capital, Dragonfly Capital, FTX, IOSG, LAUNCHub Ventures, Divergence Ventures, Loi Luu, the Founder of Kyber Network, and Illia Polosukhin, the Co-Founder […] CryptoNinjas » DEX aggregator 1inch secures $2.8M funding round led by Binance Labs

2020-8-11 16:18


DEXTF Secures $460,000 in Funding with SGInnovate And Lunex Partnership

According to the Business Times, Decentralized Traded Funds (DEXTF) closed the funding round after collecting $460,000. This funding round was led by SGInnovate and LuneX Ventures, a blockchain firm of Singapore based Golden Gate Ventures, with the partnership with the hedge fund CDAM based in London and other private investors who remain undisclosed. “Although many […]

2019-11-9 19:19


Bitmain’s Bitcoin Mining Company Evaluation is Near $12 Billion After New Funding

$12 Billion: The Value of Mining Giant Bitmain in the New Funding Round Bitmain, the Chinese bitcoin mining giant reportedly closed a Series B funding that valued the company at around $12 billion. Caixin, Chinese business media reported on Friday the equity financing was somewhere between $300 and $400 million, though it is still unclear […]

2018-7-7 23:43


Фото:

To Build Bitcoin Cash Mobile Wallet Startup Raises $600K

CoinText.io, a blockchain startup developing a way to conduct offline bitcoin cash transactions, just closed a $600,000 seed funding round, the company announced Friday. Lead by Texas-based Yeoman’s Capital, which has previously invested in Fantom, OpenGarden and tZero, the funding round will be used to develop a mobile wallet which can support bitcoin cash transactions

2018-6-30 01:46