NFTfi launches NFTfi Foundation, will launch DAO through NFTfi Council
On March 20th, NFT lending protocol NFTfi announced the launch of the NFTfi Foundation. The NFTfi Foundation will manage the NFTfi protocol and develop the NFTfi ecosystem. NFTfi will soon launch multiple initiatives and incentives to promote the use of the NFTfi protocol and NFTfi technology stack. Later this year, the NFTfi Foundation will establish the NFTfi Council, which will launch the NFTfi DAO to manage the development of the NFTfi protocol.
Previously, Golden Finance reported that NFTfi completed a $6 million A1 round of financing, led by Placeholder VC, with participation from Maven 11, Launch Labs Inc, Kahuna Ventures, and others, bringing its total financing to $15 million.
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