Fusible Raises $720K from Prominent Industry Heavy Hitters to Unlock Liquidity from NFTs
The NFT ecosystem is revving up with increased adoption due to its uniqueness and lack of replicability. We are thrilled to announce that Fusible, the BSC based NFT platform, has successfully closed its funding rounds, raising an aggregate of $720,000 from prominent industry legos to unlock the potential of NFTs. The process has resulted in Fusible gaining massive support from strategic partners and industry players, resonating with the vision that NFTs are definitely the next big thing to dive into. The influx of fresh capital will allow Fusible to build a community-centric NFT platform fostering a direct relationship with digital creators and collectors.
Launched earlier this year, Fusible offers experimental price discovery mechanisms and seamless liquefaction of NFTs employing a curve-based price discovery formula. We strongly believe both the creator and collector community will extensively benefit from the value that Fusible will impart to the NFT ecosystem.
Our funding rounds involved the participation of prominent industry players and investors, including Amesten Capital, x21 Digital, MoonWhale Ventures, Magnus Capital and others. Seasoned entrepreneurs including Ravindra Kumar( Frontier), Palash Jain(Frontier), Dhawal Shah(Frontier), Tushar Agarwal (Persistence), Founders of Nord Finance participated in the round. We are excited to resonate with the industry-heavy hitters on our vision to reshape the NFT landscape by creating a seamless experience for NFT creators and collectors, thus propelling adoption.
The successful completion of our funding rounds is an important milestone in Fusible’s Journey. This injection will be a pioneering move to promote a broader spectrum of decentralization and NFT adoption. Currently, we are gearing up on the product and technology front as we near our upcoming public distribution sale. Our prevalent investors will instill a strong sense of support and commitment towards driving the long term success of Fusible.
On a mission to revolutionize the NFT sphere.
In the nascent NFT industry, technological innovation plays an important role to drive mainstream adoption. In the same essence, intuitive user experience is significant to attract platform users to experience the world of NFTs. By simplifying price discovery mechanisms and addressing issues relating to liquefying NFTs, Fusible plays an important role in leveling up the NFT space by designing smart solutions with extensive product functionalities.
As a NFT Protocol integrating the aspects of decentralization, community remains the central aspect in driving the governance of the platform. The $FUSI token will have a number of utilities associated with the functioning of the platform which will involve majority consensus to be implemented by $FUSI holders. As we near our public distribution event, we strongly want to reinforce the broader spectrum of NFT adoption. We will soon be releasing details about our public distribution event.
Santosh A, Co-founder at Fusible said,
“We are humbled and grateful towards our investors for entrusting and supporting us in this journey of price discovery of NFTs. They are helping us lay the foundation while shaping Fusible as the frontier in this field.”
The Fusible team would like to express gratitude for the overwhelming support in our incredible journey so far. We are relentlessly working towards delivering the best of our potential to create a fascinating user experience for NFT enthusiasts. Meanwhile, we would love to address any community questions and feedback.
Connect with us …
- Join our Telegram
- Join our Telegram Announcement
- Follow us on Twitter
- Visit our Website
- Mail us at connect@fusible.io
