Niftify and Synapse partner up to develop the backbones of NFT Fundraising.

Overview

Niftify covers a very particular niche in the crypto market, a niche that hasn’t been explored in the slightest yet, and, as showcased by previously created projects in other similarly driven spaces, is full of potential opportunities. Their take on NFT project funding is an original way of introducing new people to crypto-businesses while letting them profit from their own creativity while lending all the infrastructure necessary for a budding NFT project to grow. 

Challenge

Niftify offers its own set of technological and entrepreneurial solutions on its platform, giving a set tone to the possible route the project can take. Ensuring a good amount of liquidity is backing up their foundations, while also displaying to a wide array of different target groups the potential of the Niftify project is key for their initial building phases, and for a smooth transition to the next steps of growth and business scaling. It’s also important to reach a diversified, global audience, due to the inherent ease of implementation of Niftify itself. 

Solution

Going with a multilayered public campaign, while securing enough funds through Synapses’s tools to reach and surpass all the marks laid out during the pre-planning phases of roadmap building were identified as the best solutions for medium and long term growth, with Synapse’s VC fund and Synapse’s launchpad covering the initial costs of the explosive short term growth of Niftify. 

Implementation

With a very successful campaign coming to bear due to the combined efforts of the Niftify team, coupled with the advisory services of Synapse’s team of experts, one of the main objectives of the collaboration had been reached.

Synapse’s VC Fund’s help during the initial building phases had already worked well enough for the project to start expanding to greater heights, and thanks to the new influx of interested crypto-preneurs entering the next phases of growth would also be a neat victory for Niftify. 

The Synapse launchpad played a crucial part in this phase because a sub-par launchpad integration would have slowed down growth and struck a heavy blow to the project, but with an amazing $300K raised, and more than 3500 new investors coming to join the Niftify ranks, we are happy to say that the medium and long term scalability plans for the projects are well on their tracks, and Synapse is looking towards a long and fruitful collaboration with this wonderful NFT e-commerce platform, that is looking to rock the NFT panorama with their unique strengths and valuable on-platform tools.