NFT Tech
A platform where users can create, collect, and merchandise digital art with other NFT enthusiasts.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | N/A | - | |
| Total Funding | 000k | ||
NFT Technologies Inc. is a publicly traded company that builds and invests in projects and infrastructure to foster the adoption of Web3 technologies. The firm is listed on the NEO exchange under the ticker NFT and on the OTCQB as NFTFF, bridging traditional capital markets with the Web3 sector. The company's business model centers on developing, advising, and investing in non-fungible tokens (NFTs), the metaverse, and related infrastructure. It partners with major brands in industries like sports, entertainment, and art to help them enter the Web3 space.
A significant milestone for the company was the February 2023 acquisition of Run It Wild, a Web3 development studio. This acquisition expanded NFT Tech's capabilities in creating NFT experiences for major brands and intellectual property holders. Following the acquisition, Adam De Cata, the founder of Run It Wild, was appointed CEO of NFT Tech. De Cata has a background in brand management and licensing for major names like Warner Bros. and served as the Head of Partnerships at Decentraland, a decentralized virtual reality platform. He replaced Mario Nawfal, who transitioned to a strategic advisor role.
NFT Tech provides a range of services designed to increase consumer engagement and unlock new business models through digital assets. The company has a notable focus on integrating Artificial Intelligence with its offerings to create interactive experiences. This includes a partnership with UneeQ to develop lifelike AI-powered 'Digital Humans' for brand interaction and a collaboration with GPT DAO to explore secure data sharing for generative AI models. Furthermore, NFT Tech is strategically invested in Decentralized Physical Infrastructure Networks (DePIN), exemplified by its investment in MetaBlox, a project that has attracted backing from Samsung Next and is rapidly expanding its global network. This focus on DePIN aligns with the company's strategy to pioneer ecosystems that apply blockchain technology to real-world applications.
Keywords: Web3 infrastructure, digital assets, NFT investment, metaverse development, public blockchain company, Decentralized Physical Infrastructure Networks, DePIN, AI integration, brand partnerships, digital asset ownership, Run It Wild, Adam De Cata, consumer engagement, blockchain technology, capital markets, generative AI, MetaBlox, intellectual property monetization, NEO:NFT, OTC:NFTFF
