UAE-based Web3 startup nealthy raises $1.3 million pre-Seed round : TechMoran

by Digital Brainiacs
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UAE-based nealthy, a Web3 startup for investing in NFTs and cryptocurrency, has raised $1.3 million in pre-seed funding. Backed by experienced Web3 investors, including renowned cryptohead ‘DonGeraldo,’ nealthy’s founders will use these funds to grow a core team, hire talent, and boost sales & development.

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Interest in Web3 markets has skyrocketed, with NFT marketplaces like OpenSea registering over 100 million unique visitors each month, but potential investors still face significant barriers to market entry. Regulators struggle to keep pace with fast-paced trading environments, and NFT prices are also on the rise: Serious investment requires $20,000 or more.

To surmount these challenges, nealthy offers index tokens that enable investors to enter Web3 markets quickly and worry-free. Index tokens replicate the structure of classic exchange-traded funds (ETFs) by storing multiple virtual assets, and diversifying the portfolio in case of unexpected market shifts….

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