Lisbon, Portugal, July 20, 2022, Chainwire
DeFi company Zharta secures seed funding from leading Web3 VCs and strategic investors, accelerating growth to meet customer demand and enter the market.
ZartaThe creator of the instant NFT mortgage lending protocol, has completed a $ 4 million new capital seed round to accelerate the company’s next stage of growth. The company initially raised $ 300,000 in accelerated rounds from angel investors.
Notable investors include Lead Investor Greenfield One, institutional VC Schilling Capital and Possible Venture, Web3 industry core players SpaceShip Dao and Uniwhales Dao, Clever, Olisipo Way and other strategic business angels. increase. This seed funding round was backed by Quatre Casas Law Firm.
Zharta allocates new funds primarily to customer demand, followed by R & D, sales and marketing. The goal is to accelerate market penetration, expand rollouts and improve the immediate lending platform. To achieve these goals, they add up to 20 new hires to their current strong team of 12 people.
“Zharta provides a key component in the financialization of NFTs. We are very pleased to support Zharta as a key investor to bring this excellent NFT use case to market quickly.” Greenfield One partner David An says
Zharta aims to use machine learning to create a real-time lending model that leverages lending pools and NFT ratings for DeFi and NFT native owners to quickly prove the potential of the platform. This is the company’s three keystones: simplicity, UX oriented, and reliable. Nuno Cortesão, co-founder and CEO of Zharta, hopes that a strong customer-centric foundation will enable their expansion. Nuno, “Transition from Early Adopters to the Mass Market”.
Currently, the collections that can be pledged are Doodles, Mutant Ape Yacht Club, Bored Ape Kennel Club, World of Women, VeeFriends, Cool Cats, Hashmasks and Pudgy Penguins, guaranteeing that “more collections will be added in the near future”. It has been. CEO.
“We are bullish on the future of NFTs and their role in changing the outlook for climate technology, scientific innovation and data platforms more generally. As NFTs become more widespread, Zharta’s to unleash fluidity. We believe that our efforts are an integral part of the NFT ecosystem and we believe that the Nuno and Zharta teams will be important contributors to the NFT community. “ A potential venture partner, Simon Reicht, said.
“We can’t be more excited to support the Zharta team in this investment round because we believe there are good conditions for accelerating the protocol at the intersection of DeFi and NFT. Infrastructure that hasn’t been unleashed yet. The core component of is collateral. This is where Zharta comes in, providing liquidity for collectors and the general NFT market while encouraging new stakeholders to join the ecosystem. ” Says Pedro Rosa of Shilling.vc.
Zharta is already in the testing phase, during which it collects user feedback to launch a platform that responds to consumer needs, needs and concerns, improving the user experience. During this phase, we were also able to resolve security issues by auditing smart contracts.
Zharta aims to fund NFTs by leveraging AI ratings and DeFi pools. This includes existing assets such as collectibles, but also covers emerging play2earn games, the Metaverse and the art market.
Zharta is not arrogant, proving a grounded and practical spirit. It focuses on solid growth and providing strong financially sustainable value to the market. We want to establish good partnerships with Web3, build on the value created by others, become an important part of the whole, build complex primitives and integrate with the players in our organization. Zharta envisions a future in which TradeFi and DeFi will work together to ensure that digital assets are treated with full respect in the financial system.
The official launch of the Zharta platform will take place in late summer.
Zarta Is a unique blockchain protocol that provides a solution to the illiquidity problems faced by NFT holders. Thanks to NFT-backed loans, Zharta enables democratization of the market by allowing all collectors and investors to bet NFT assets in exchange for crypto tokens. Built with a focus on security, this protocol leverages AI’s price discovery mechanism and on-chain index funds to further optimize liquidity and provide a more efficient way to trade NFTs. The project is led by three entrepreneurs (Diogo Pires, Nuno Cortesão and Pedro Granate) with extensive expertise in computer science, business development, blockchain programming and gamification theory.
About Greenfield One
Greenfield One Is an early stage crypto fund based in Berlin, founded in 2018 by former VC Sebastian Blum and entrepreneur Jascha Samadi. The fund will quickly invest in crypto networks and developer teams across Web 3.0 infrastructure, decentralized finance, and NFT technology. Greenfield One pursues a highly research-driven investment approach and actively participates in the portfolio’s crypto network through its unique technical infrastructure and liquidity. Greenfield One is currently investing from a third fund, Europe’s largest crypto fund, amounting to € 135 million.
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