Cryptocurrency News

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.”

Share
Published by

Recent Posts

Coinbase to List Pyth Network (PYTH) on Solana: Trading Begins February 20, 2025

Coinbase has announced its plans to add support for Pyth Network (PYTH) on the Solana…

3 days ago

Canary Capital Launches Canary AXL Trust, Expanding Institutional Access to Blockchain Connectivity

Canary Capital, a leading digital asset-focused investment firm, has announced the launch of the Canary…

3 days ago

Argentina’s President Milei Faces Backlash Over $LIBRA Token Crash

In a recent and rapidly unfolding controversy, Argentine President Javier Milei has come under intense…

6 days ago

FTX to Begin Creditor Repayments in February 2025

After more than two years of legal proceedings following its dramatic collapse, cryptocurrency exchange FTX…

3 weeks ago

India Imposes Tax Penalties of Up to 70% on Undisclosed Crypto Gains

The Indian government has introduced stringent tax regulations targeting undisclosed cryptocurrency gains, imposing penalties of…

3 weeks ago

El Salvador: The Rise and Fall of Bitcoin as Legal Tender

El Salvador made history in September 2021 by becoming the first country in the world…

3 weeks ago

This website uses cookies.