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A Web3 startup focused on Non-Fungible Tokens (NFTs) and crypto investments called nealthy has made a groundbreaking announcement that can help thrust its product to global adoption. The Dubai, United Arabs Emirates (UAE) – based tech company has completed its pre-seed funding round with $1.3 million secured for development purposes and team expansion. The pre-seed funding round was led by famous crypto celebrity DonGeraldo.
Ludwig Schroedl, the CEO of nealthy, noted that the company is poised to help experienced and new crypto investors securely diversify into the digital asset industry. Furthermore, nealthy customers can profit from staking and earning high yields through the $NEAL tokens.
“As NFT trading markets evolve, potential investors are showing an increased interest in diversification,” Schroedl noted. “That’s even more true for first-time investors. A blue-chip index token, like $NFTS, can provide superior investment opportunities at a reduced level of risk. And if we can do it with NFTs, we can do it with every asset on the blockchain.”
The nealthy project is backed by professionals with years of experience, including Chief Technology Officer Zedsi and Chief Marketing Officer Tim Pascual.
Nealthy and the Cryptocurrency Market Outlook
Dubai, where the company is headquartered, has been at the forefront of global digital assets adoption and has attracted top cryptocurrency players, including trading behemoth Binance. Notably, the UAE recently established the world’s first independent virtual assets regulatory authority, VARA.
However, the fast-changing cryptocurrency environment has attracted thousands of potential ideas that are challenging to spot. As a result, nealthy has developed a diversified index product for customers to profit from the nascent industry easily. The global cryptocurrency industry is around $1 trillion compared to the worldwide debt of approximately $300 trillion.
“This is a space with enormous potential, and with any potential comes risk,” said Zedsi. “To counteract those risks, we maintain security by storing all assets in cold wallets and smart contracts. Each cold wallet is public and maintains completely transparent holdings.”
The Web3 startup understands the future of metaverse and NFTs through blockchain development. Notably, the company intends to incorporate into the Metaverse Zone of Anguilla to further offer investment products through a regulated environment. Built on the Ethereum blockchain, the nealthy network has several tokens anticipated to be debuted soon. Among them is $NFTS Token, backed by the top ten most extensive NFT collections, the $CRY10 Token, and $GAME Token.
With the $1.3 million secured in the pre-seed funding round, nealthy is assured of hiring top talent to provide timely and crucial investment data. By providing easy-to-interact with index products, the Web3 startup is well poised to grow exponentially in the coming years.
“Like decentralised ETFs for crypto and web3 assets, they are algorithmically-sorted baskets of digital goods following the market,” nealthy notes on its official website.
The nealthy team understands crypto regulations are incoming, with top global markets, including the European Union and the United States, already implementing some policies. As a result, the company intends to get the necessary licenses to provide regulated products to many international investors.
