Neoswap AI Raises US$2M to Expand NFT Trading Platform
It is reported that the NFT trading platform Neoswap AI completed a pre-feed round of financing of US $2 million, with a valuation of US $15 million. DACM and …
It is reported that the NFT trading platform Neoswap AI completed a pre-feed round of financing of US $2 million, with a valuation of US $15 million. DACM and AngelHub led the investment, and Gossamer Capital, Cavalry Asset Management, Stacks Ventures, Dhuna Ventures and several angel investors joined the investment. The project currently supports Stacks, Solana and Polygon.
NFT trading platform Neoswap AI completed financing of US $2 million
Analysis based on this information:
Neoswap AI, an NFT trading platform, successfully raised US$2 million in a pre-seed financing round. The valuation of the company is now at US$15 million, with DACM and AngelHub leading the investment. Other investors, such as Gossamer Capital, Cavalry Asset Management, Stacks Ventures, Dhuna Ventures, and angel investors also participated in the said round.
The funds raised in the financing round will be used to expand Neoswap AI’s operations and improve its platform. Neoswap AI currently supports three blockchain networks, namely Stacks, Solana, and Polygon to provide users greater flexibility. The company aims to offer support for more networks in the future, allowing users to trade NFTs at low costs with high-speed transactions.
The NFT market has exploded in recent months, and investors are now doubling down on platforms that offer innovative solutions to improve the trading experience. Neoswap AI is among the platforms that aim to provide a more efficient way of buying and selling NFTs. The platform’s architecture is designed to offer users a seamless trading experience while also providing creators with a fair share of the earnings generated from their creations’ sale.
The rise of blockchain technology and cryptocurrencies paved the way for digital ownership, and NFTs are the latest addition to the digital asset sphere. Neoswap AI’s platform is expected to provide users with an opportunity to access a wide range of NFTs, renowned artists, and their collectors worldwide. The platform provides users with the ability to buy and sell NFTs with ease, and it also allows users to view the history of an NFT and its ownership, creating greater transparency in the market.
In conclusion, the rise of the NFT market opened doors for innovation, and Neoswap AI is among the platforms that provide solutions to address issues encountered in the market. The recent pre-seed funding round is a testament to its potential to offer a seamless trading experience to users worldwide. As the NFT market continues to thrive, Neoswap AI is expected to expand its capabilities to cater to more users and networks worldwide.
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