HomeFintechNFT Derivative startup Bliv Club secures pre-seed round funding from Polygon's Sandeep Nailwal

NFT Derivative startup Bliv Club secures pre-seed round funding from Polygon’s Sandeep Nailwal

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Non-fungible Token (NFT) derivative startup Bliv.Club on Monday announced that it has raised undisclosed Pre-seed funding by Sandeep Nailwal, Co-founder of Blockchain Scalability Platform Polygon.

Bliv.Club was founded in 2021 by Serial entrepreneurs Vikas Singh, Abhishek Kumar Gupta, and Mohammed Sirajuddin.

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NFTs are unique virtual tokens on Blockchain infrastructure that represents ownership, proof-of-existence, and allow traceability of any digital or non-digital item. The market size of NFTs reached $22 billion in 2021. 

“The startup will offer a derivatives market, allowing the average person to participate in the NFT market with a small ticket size,” the statement said.

“Our core objective at Bliv is to increase participation of masses in NFT Ecosystem via seamless, high tech, easy to use new-age instruments and we could not have had a more relevant person than Sandeep as our first investor, who is one of the most respected persons globally in the Web 3 ecosystem. We will benefit highly from his insights, experience, and network” Vikas Singh, Co-Founder Bliv.Club added.

Speaking on the investment in Bliv, Sandeep Nailwal, Co-founder, Polygon said, “Bliv is extending the ambit of the NFT ecosystem. It is allowing a common person to get the exposure of a complex market in a much more easy and meaningful way.”

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Krishna Mali
Krishna Mali
Founder & Group Editor of TechGraph.
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