NFT trading platform Neoswap AI completed financing of US $2 million

It is reported that the NFT trading platform Neoswap AI completed a pre-feed round of financing of US $2 million, with a valuation of US $15 million. DACM and AngelHub led the investment, and Gossamer Capital, Cavalry Asset Management, Stacks Ventures, Dhuna Ventures and several angel investors joined the investment. The project currently supports Stacks, Solana and Polygon.

NFT trading platform Neoswap AI completed financing of US $2 million

Interpretation of this information:

The Neoswap AI, an NFT trading platform, has completed a pre-seed financing round, raising $2 million with a valuation of $15 million. Investors like DACM, AngelHub, Gossamer Capital, Cavalry Asset Management, Stacks Ventures, and Dhuna Ventures have all taken a stake in the project, which currently supports three blockchain networks, namely, Stacks, Solana, and Polygon.

The successful financing round demonstrates the growing interest in NFT trading platforms, as more investors and traders realize the potential of non-fungible tokens. Neoswap AI is positioning itself as a leader in the NFT trading space, allowing users to seamlessly trade digital art, gaming assets, and other forms of unique digital content across different blockchain networks.

By supporting Stacks, Solana and Polygon, Neoswap AI enables users to benefit from the faster and cheaper transaction fees of these blockchain networks. Furthermore, Neoswap AI utilizes decentralized finance (DeFi) protocols to ensure that users can trade NFTs securely and transparently.

The fact that several investors like DACM and AngelHub have invested in Neoswap AI is a testament to the projected growth of the NFT market. The investors are betting on the platform’s ability to deliver a user-friendly and frictionless trading experience that appeals to both seasoned traders and new entrants into the NFT space.

In conclusion, the pre-seed financing round of Neoswap AI is good news for the NFT market, as it demonstrates a growing interest in digital assets and blockchain-based trading platforms. By supporting multiple blockchain networks, Neoswap AI is positioning itself to attract a wide range of traders and investors interested in the NFT ecosystem.

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