NIFTY Souq

The first NFT marketplace in MENA

Business Model: B2C

Revenue: $0

Employees: 1-10

Rankings

Detailed NIFTY Souq Information

Geographic Data

NIFTY Souq headquarters map

Address: -

City: Dubai

State: dubai emirate

Zip:

Country: AE

Financial Info

Stage:

seed

Raised Last:

$2M

Raised Total:

$2M

Metrics

7,754,417Website Global Rank

536Website Monthly Traffic

Twitter Followers

Description

For one thing, NFTs give you the ability to sell work there was no market or demand for previously. Also, NFTs make it possible for you to receive a percentage every time your work is sold or changes hands, so you are guaranteed a percentage of the profit if the work gains popularity and increases in price, not to mention, it’s just cool! NIFTY Souq is committed to ZERO minting costs for all artists launching NFTs on the platform, in addition to dedicated onboarding support to bring your NFT vision to life. With ZERO minting costs, artists can price their NFTs affordably, granting them access to more fans. Who we are At NIFTY Souq, we’re excited to be bringing a brand-new type of digital goods to the MENA region through Non-Fungible Tokens (NFTs). NFTs are unique digital files, which are provably scarce and useable across multiple applications. Like physical goods, you can do whatever you want with them! You can collect them, gift them, sell them, and even destroy them! They are digital files that are armed with all the programmable securities to allow them to become digital assets. A core part of our vision is to bring NFT and its technology to the MENA region to where users truly own this powerful brand of new digital items. Open, liquid marketplaces will help power these new economies and support artists to monetize through NFTs and digital assets. Therefore, we are working with a community of passionate users, developers, and creators to build the MENA’s first marketplace for NFTs. We are proud to be the first and largest marketplace for user-owned digital goods, including songs, music, illustrations, gifs, poetry, and many more assets backed by a blockchain.

Contact Phone:

Contact Email:

Announced Date Company Transaction Money Raised
Announced Date Transaction Number of Investors Money Raised Lead Investors
9/2022 Seed Round $0 Falak Business Hub
Fitzy Fund
Palm Ventures
Falak Business Hub
Fitzy Fund
Palm Ventures
9/2022 Seed Round 3 $1.5M Falak Business Hub
Fitzy Fund
Palm Ventures
Palm Ventures
Falak Investment Hub
Fitzy Fund
Announced Date Name Price

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