SINGAPORE, DECEMBER 9, 2022 – NF3, a community-first NFT swaps, and finance platform, has announced the completion of a USD 1.65 million initial investment round.

Poorvi Sachar, with notable Bored Ape Yacht Club members Skittlewood and 0xStarmowa, launched NF3 to improve the collecting and trading experience for persons interacting in the web3 domain. NF3 Exchange (NF3x) will include NFT exchanging, bartering, and financing functions, allowing users to exchange digital items with others in a safe and user-friendly environment. Collectors who want to “upgrade” their collections to ones with rarer qualities can create a trait-wide offer package or contact existing owners using the platform’s built-in chat function.

Infinity Ventures Crypto and Spartan Group led the investment, which DWF Labs and Saison Capital sponsored. Neil Gomes, EMEA Head of Fintech at Softbank, David Chreng, Founding Partner at LeadBlock, and Bitmex Co-founder Arthur Hayes are among the angel investors.

Poorvi Sachar, with notable Bored Ape Yacht Club members Skittlewood and 0xStarmowa, launched NF3 to improve the collecting and trading experience for persons interacting in the web3 domain. 

NF3 Exchange (NF3x) will include NFT exchanging, bartering, and financing functions, allowing users to exchange digital items with others in a safe and user-friendly environment. Collectors who want to “upgrade” their collections to ones with rarer qualities can create a trait-wide offer package or contact existing owners using the platform’s built-in chat function.

“We are grateful to our strategic investors, who believe in our goal and vision. Collecting and trading NFTs, like trading cards, should be a social, easy, and pleasant hobby. We want to transform the way peer-to-peer (P2P) trades function by creating a safe platform where members of various groups may barter, interact, and seek funding for their collecting adventure.” Poorvi Sachar, Co-Founder of NF3, stated.

The platform will provide NFT collectors ownership of their digital assets while also providing peer-to-peer financing alternatives such as “Buy now, Pay later” to capitalize on these possibilities as they arise on Web3.

David Chreng, LeadBlock’s Founding Partner:

“NFTs are among the first widespread technologies to realize Web3’s promise. I support NF3x’s concept of a software infrastructure that provides transparency, security, and flexibility in a market where conventional P2P trading techniques are capital inefficient and highly vulnerable to scams and hacks.”

NF3x is a multichain NFT swaps and options to-swap marketplace that allows users to generate customized trading opportunities in a secure and trustworthy setting.

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Kshitij does business research and content writing for VCBay. Pursuing BBA from Symbiosis Center Of Management Studies (SCMS) Pune, he is skilled in Financial Modeling, Stock valuation and Microsoft Excel. He is passionate about Entrepreneurship and Finance.

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