NF3, a community-first NFT swaps and financing marketplace, has recently closed a $1.65m seed funding round.
The round was headed by Infinity Ventures Crypto and Spartan Group and was supported by DWF Labs and Saison Capital. Several angel investors also took part in the raise.
NF3 was founded in an effort to create a better collecting and trading experience for people to interact in the web3 space.
NF3 Exchange (NF3x) will feature NFT swapping, bartering and financing features, enabling users to exchange their digital collectibles with others in a secure and intuitive environment. Collectors looking to ‘upgrade’ their collectibles to ones with rarer traits have the option of making a trait-wide offer package or contact existing owners on the platform using the build-in chat function.
NF3 Exchange will first launch on the Ethereum blockchain, with support for Tezos, Polygon and Solana NFTs next on the roadmap. The platform will allow NFT collectors to have complete control over their digital assets, while offering peer-to-peer financing options including “Buy now, Pay later” to capture these opportunities as they emerge in Web3.
NF3 also announced the launch of ApeCoinStaking.io in partnership with Solidity.io earlier this month to build an Apecoin staking platform for Bored Ape Yacht Club communities around the world.
NF3 co-founder Poorvi Sachar said, “We are honoured to have the support of our strategic investors who believe in our mission and vision. Collecting and trading of NFTs should be a communal, effortless and enjoyable activity similar to trading cards.
“We are looking to change the way peer-to-peer (P2P) exchanges work by building a secure platform where members of the different communities are able to barter, communicate and seek financing in their collecting journey.”
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