UnUniFi Protocol Raises $1.5 Million in Seed Round To Build the First Decentralized Cross-Chain NFTFi Platform With Auto DeFi Yield

December 1, 2022– New York City, New York City

UnUniFi is extremely happy to reveal the conclusion of a $1,500,000 tactical fundraise led by Gumi Cryptos Capital, with involvement from Coincheck, Hyperithm, MZ Web3fund, Arriba Studio and GC Incubation.

Yu Kimura, creator of UnUniFi, stated,

” The real energy of UnUniFi is NFTFi performance with an exclusive evaluation algorithm, integrated with our interchain yield aggregator.”

UnUniFi is a layer one blockchain procedure for offering effective NFT loaning through an internal NFT market on the Universe community. UnUniFi procedure began advancement in Q4 2021 and introduced its mainnet in Might 2022.

This tactical fundraise marks the conclusion of our seed financing round, with the assistance of equity capital funds and financiers from all over the world.

UnUniFi will utilize the financing from this seed round for ongoing advancement and scalability in line with the roadmap — with an instant concentrate on providing the item releases and PMF (product-market fit).

We are extremely grateful for such excellent assistance so early in our advancement, and we anticipate recognizing our objective —” to offer every NFT the chance to DeFi.”

Why is UnUniFi unique

UnUniFi will be the very first NFTFi platform to produce an exclusive NFT evaluation algorithm computed utilizing genuine need information, while permitting its users to produce automated DeFi yield on obtained properties.

While other NFTFi platforms utilize a peer-to-peer or liquidity swimming pool loaning design, UnUniFi integrates genuine need for the NFT itself with the intrinsic need for liquidity generation, providing NFT holders quicker and more versatile access to loaning.

This innovation is scalable for institutional users and can be executed externally by other platforms as an NFT evaluation oracle.

In addition, UnUniFi’s API, customer library, Bubble plugin and front end reward module all integrate to enable the job to end up being the very first effective community with a really ‘decentralized front end.’

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Rui Zhang, handling partner of Gumi Cryptos Capital, stated,

” Numerous tasks have actually attempted to develop a funding community around NFTs, because NFTs have actually ended up being a substantial property class. Nevertheless, due to the distinct nature of NFTs, low liquidity triggers scenarios where it is tough to recuperate funding capital. Throughout distressed markets, this ends up being a traffic jam.

” UnUniFi consists of a market facilities with integrated cost discovery performance — t his enables liquidity to be protected from the start. Our company believe UnUniFi will have the ability to produce chances for the substantial market of NFTFi.”

What follows

While the conclusion of the seed financing round represents a big turning point for our group, UnUniFi’s instant focus is on recognizing its Q4 item releases and PMF.

These goals consist of — giving market NFTFi performance with the capability to collateralize NFTs, the interchain yield aggregator for automated DeFi yield, allowing of Universe IBC (inter-blockchain interaction) and more.

These core performances will assist understand the structures of a really decentralized NFTFi platform. Through staggered updates and statements, the objective is to continue developing quick public awareness about the status and accessibility of our upcoming releases.

In order to broaden the UnUniFi community, the group is actively looking for and working out with NFT tasks (an NFT is not restricted to art or pfp — there are lots of possible applications in property or securities domains, and so on), DApps and other possible partners to recognize tactical collaborations.

UnUniFi continues to accept queries from external partners for factor to consider, where appropriate, and welcome other tasks to call us and sign up with the UnUniFi community.

In the meantime, we continue dealing with our deliverables and pressing forward in our objective to motivate the extensive adoption of NFTs as a genuine property class through useful and functional DeFi innovations.

About UnUniFi

UnUniFi is a layer one blockchain procedure for offering effective NFT loaning services through an internal NFT market with automobile DeFi yield — all constructed on the Universe community.

UnUniFi will be the very first NFTFi platform to produce an exclusive NFT evaluation algorithm computed utilizing genuine need information, while permitting its users to produce automated DeFi yield on obtained properties through an interchain yield aggregator.

UnUniFi intends to be a DApps platform with NFT cost info at its core. The internal NFT market supplies important information for the NFT cost discovery function, scalable for use by external platforms and Universe IBC combination.

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Contact

Christopher Lee, UnUniFi

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