NFT marketplace NFTically raises $500K in funding
White-label Saas-based NFT marketplace NFTically recently raised $500K in funding in seed and private round. The round saw participation from Nitish Mittersain (Nazara Games), Gaurav Munjal and Roman Saini (Unacademy), Surojit Chatterjee (Coinbase), actor Kunal Kapoor, and Sujeet Kumar (Udaan), among others.
The company plans to use the capital raised for team building across their leadership roles, developing and scaling product offerings, and for consumer acquisition within and outside India, especially in Southeast Asia and the MENA region. They plan to focus on gaming companies in the near future.
In a report by Inc42, co-founder Toshendra Sharma commented, “We are currently focusing on gaming companies — sports and entertainment collectibles, fan engagement model, event industry where tickets can be sold on NFTs.”
Founded by Rohendra Singh and Toshendra Sharma in early 2021, NFTically is a platform that allows its content creators to launch their own NFT marketplace under their specific domain name. Furthermore, users can buy and sell their NFTs on the platform.
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