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DareNFT receives funding from Kyber Network in a seed funding round

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DareNFT receives funding from Kyber Network in a seed funding round

DareNFT, which is building the universal NFT 2.0 protocol for Digital Assets today announces the seed fund investment from Kyber Network.

As per the official blog post, “DareNFT is proud to announce that we recently received funding from Kyber Network, the DeFi product aiming to be a liquidity hub connecting liquidity from various protocols and sources.”

After this seed fund investment, Kyber Network will further collaborate with the DareNFT team for their development in the NFT sector.

Loi Luu, CEO of Kyber Network, said, “Kyber Network is very excited to partner with DareNFT as an investor and advisor in technology development. We see enormous potential in DareNFT’s product ecosystem and the value it can create.”

“DareNFT continues to innovate and dare to lead. Its focus is not limited to fulfilling the NFT game sector but also opening the opportunity for NFT to go mainstream by NFT-minting-as-the-service and derivative content platform, which is much of a promising project.”

DareNFT is building the universal NFT 2.0 protocol for Digital Assets. DareNFT product suites contain the rent-to-earn & lease-to-earn NFT game platform, NFT minting-as-a-service platform, and derivative content NFT platform.

Duke Nguyen, CEO of DareNFT, also shared his view: “Kyber Network is a top-notch blockchain company in both product development & team organization, which is the thing DareNFT can learn a lot from.”


Disclaimer: Koinalert’s content is only for information purpose in nature and should not be considered as investment advice. Do your own market research before investing in any cryptocurrencies. The author or publication does not hold any responsibility for your personal financial loss.

Ashish is a cryptocurrency journalist who has been passionately involved in the bitcoin space since 2016. His interests lie in bitcoin security, open-source systems, network effects and the intersection between economics and cryptography.