
NFTify
The Shopify of NFTs, with a difference: NFT shops operate at the convergence of the nextgen blockchain and Web3. Buyer and seller matching is more highly interconnected, intelligent, and relevant.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor investor | €0.0 | round |
$2.1m | Seed | ||
Total Funding | 000k |
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NFTify positions itself as a comprehensive e-commerce platform for the non-fungible token (NFT) market, enabling creators and businesses to establish their own branded marketplaces without needing to write code. Founded in 2021 by CEO Nikita Ngan Nguyen and CTO Dylan Dong Do, the Panama-based company officially launched its platform in July of the same year. Nguyen has a background in the IT industry and has been involved in incubating and accelerating blockchain startups. Her experience includes co-founding Ekoios Technology, a blockchain and AI consulting firm, which provided a foundation of expertise for developing NFTify.
The company's core business revolves around a Platform-as-a-Service (PaaS) model, which simplifies the process for users to build, manage, and grow their own NFT stores. This approach targets a clientele ranging from individual artists and creators to small and medium-sized enterprises and larger brands who want more control and branding than what is available on large, aggregated NFT marketplaces. Revenue is generated through transaction fees on sales, though the company has offered promotions such as waiving these fees for early adopters to spur platform growth. Since its launch, the platform has supported the creation of over 19,000 businesses and hosted more than one million listed NFTs, processing over $18 million in transaction volume.
NFTify's platform is a multi-chain solution that has integrated with blockchains like Ethereum, Polygon, and Binance Smart Chain. It provides users with a suite of tools to manage their digital asset businesses effectively. Key features include a highly customizable storefront, allowing users to modify themes, layouts, and use custom domains. The platform supports various sales methods, including fixed-price listings and auctions, and accepts both cryptocurrency and fiat payments. To enhance the user experience and reduce entry barriers, it offers functionalities like gas-less minting, bulk uploads, and lazy minting. Additionally, built-in marketing and analytics tools help store owners drive traffic and understand customer behavior, while features like royalty management and collaborator access provide robust operational control.
Keywords: NFT marketplace, no-code platform, digital assets, e-commerce solution, multi-chain, blockchain technology, creator economy, storefront customization, PaaS, crypto commerce