Trending...
- Global Changemakers Celebrate Black Women In Film At Cannes Film Festival In Response To Gross Underrepresentation In Competition, over 75-years
- Grayhawk Capital Receives U.S. Small Business Administration Investment Company of the Year Award
- ThoroughCare Announces $3 Million Capital Raise to Advance Care Coordination for Value-Based Care
SOLARR aims to accelerate utility NFT adoption, accessibility, and simplify NFT-commerce for businesses.
HONG KONG - JerseyDesk -- SOLARR, a decentralized platform for liquifying NFTs headed by ex-investment banking and tech executives from Morgan Stanley, Credit Suisse, J.P. Morgan, Microsoft, and Opera, has raised US$2 million in seed funding.
With a vision to accelerate the world's transition into the decentralized digital economy, SOLARR's seed round is charged with support from ecosystem investors, All In Ventures Fund, JY Cap, MD2 Digital, and professional investors.
According to a statement, the company seeks to "simplify NFT-commerce" with its disruptive NFT-as-a-Service (NaaS) offering.
Gateway into the Metaverse Virtual Economy
SOLARR aims to usher in the next generation of utility NFTs by expanding utility and unlocking value from digital assets. It offers a one-stop, secure multi-chain ecosystem for users to compose, customize, and embed utilities into NFTs. The platform is also ultimately a bridge for users to create new digital assets in the metaverse virtual economy and beyond.
More on Jersey Desk
The SOLARR ecosystem comprises a curated NFT Marketplace, SOLARR Square, with a suite of integrated services. SOLARR Square presents a branded store shopping experience with carefully vetted brands for digital asset shoppers to shop with greater confidence and peace of mind.
SOLARR takes the NFT Marketplace model a step further by offering users opportunities to liquidate and receive incentives through its integrated stake-to-earn model and NFT as collateral services. Besides locking their assets in return for incentives against NFTs staked, owners can unlock their asset value by putting them up as collateral for liquidity while still retaining ownership of their NFT assets.
NFT-as-a-Service - A New Business Commercialization Model
Sumsun He, CTO of SOLARR, says SOLARR takes all the complication out of NFT-commerce with its disruptive "no-code" NFT-as-a-Service featuring NFT payment gateway and flexible composability features such as embedding royalties into subsequent sales.
"We want to make NFT-commerce quick, easy, and cost-effective by empowering brands to create online NFT retail stores and sell branded NFT digital products as a new commercialization model," added He.
More on Jersey Desk
"SOLARR is building a virtual economic infrastructure that will power the liquifying of the NFT and Metaverse ecosystem," He continued.
SOLARR has completed its Testnet application and is preparing to launch its beta application ahead of its highly anticipated public sale in June 2022.
About SOLARR
SOLARR is Asia's first decentralized NFT-Fi platform, empowering users to increase utility, unlock value, and liquify NFTs within a secure multi-chain ecosystem with integrated economic infrastructure, paving the way into the metaverse virtual economy.
For more information, visit:
With a vision to accelerate the world's transition into the decentralized digital economy, SOLARR's seed round is charged with support from ecosystem investors, All In Ventures Fund, JY Cap, MD2 Digital, and professional investors.
According to a statement, the company seeks to "simplify NFT-commerce" with its disruptive NFT-as-a-Service (NaaS) offering.
Gateway into the Metaverse Virtual Economy
SOLARR aims to usher in the next generation of utility NFTs by expanding utility and unlocking value from digital assets. It offers a one-stop, secure multi-chain ecosystem for users to compose, customize, and embed utilities into NFTs. The platform is also ultimately a bridge for users to create new digital assets in the metaverse virtual economy and beyond.
More on Jersey Desk
- Nicola White Appointed CEO of B2C2 USA
- Average American Spends $78 On Jewelry Annually, Finds New CWC Jewelry Market Study
- Smart Card Market size worth $ 30.71 Billion, Globally, by 2030 at 7.69% CAGR: Verified Market Research®
- NICE CXone Selected by MedQuest to Enhance Patient Experiences with New Advanced Integrated Digital and Self-Service
- Do You Have Any Experience With Play-To-Earn Games/NFTs?
The SOLARR ecosystem comprises a curated NFT Marketplace, SOLARR Square, with a suite of integrated services. SOLARR Square presents a branded store shopping experience with carefully vetted brands for digital asset shoppers to shop with greater confidence and peace of mind.
SOLARR takes the NFT Marketplace model a step further by offering users opportunities to liquidate and receive incentives through its integrated stake-to-earn model and NFT as collateral services. Besides locking their assets in return for incentives against NFTs staked, owners can unlock their asset value by putting them up as collateral for liquidity while still retaining ownership of their NFT assets.
NFT-as-a-Service - A New Business Commercialization Model
Sumsun He, CTO of SOLARR, says SOLARR takes all the complication out of NFT-commerce with its disruptive "no-code" NFT-as-a-Service featuring NFT payment gateway and flexible composability features such as embedding royalties into subsequent sales.
"We want to make NFT-commerce quick, easy, and cost-effective by empowering brands to create online NFT retail stores and sell branded NFT digital products as a new commercialization model," added He.
More on Jersey Desk
- RPD Energy and Scoville Risk Partners Announce Strategic Partnership to Serve the Needs of U.S. Businesses and Propel 24/7 Carbon-Free Energy into the Marketplace
- Design 446 and its respective teams receive 23 awards at the 19th Annual FAME Awards
- Welcome AWATFIT The Fitness Truck to Fort Lauderdale
- NEW ASCO Power Blog on Data Center Industry Innovation
- Cornerstone and Swiftlane Announce Strategic Technology Initiative to Create Safer Rental Communities in Denver
"SOLARR is building a virtual economic infrastructure that will power the liquifying of the NFT and Metaverse ecosystem," He continued.
SOLARR has completed its Testnet application and is preparing to launch its beta application ahead of its highly anticipated public sale in June 2022.
About SOLARR
SOLARR is Asia's first decentralized NFT-Fi platform, empowering users to increase utility, unlock value, and liquify NFTs within a secure multi-chain ecosystem with integrated economic infrastructure, paving the way into the metaverse virtual economy.
For more information, visit:
- Website: www.solarr.xyz
- Telegram Ann: https://t.me/solarr_announcements
- Telegram: https://t.me/solarrxyz
- Twitter: https://twitter.com/solarrxyz
- Discord: https://discord.gg/bx29yxDggd
Source: SOLARR
Filed Under: Technology
0 Comments
Latest on Jersey Desk
- Rediscovering Morristown National Historical Park
- Blockchain Startup Aimed at Financial Inclusion Secures 25 Million Dollar Capital Commitment
- HR Tech Awards Recognizes Valuable Contributors to Hiring, Retention, and More
- The Martini Shot Launches A Sci-Fi Martial Arts and Fashion Franchise
- 1040 Abroad: Live tax-free if you earn less than $112,000
- Trident® Gum Is Proud to Assist the Trae Young Family Foundation In Positively Impacting Mental Health
- PGIM calls cryptocurrency 'portfolio kryptonite' but sees opportunities in broader ecosystem
- Implement The Exploration Of Charity In The Virtual World Concept Till The Very End
- Global Changemakers Celebrate Black Women In Film At Cannes Film Festival In Response To Gross Underrepresentation In Competition, over 75-years
- B&G Foods Declares Regular Quarterly Dividend
- Country Music Singer/Songwriter Ashley Wineland To Drop Full-Length Album 'I'm Gonna Ride'
- Southern Ocean Chamber Women In Business Summer Roundtable Set For June 28
- HOPE Sheds Light to host Cultivating Calm Conference
- VSA Surpasses Growth Milestone: 200 Employees and Counting!
- Grayhawk Capital Receives U.S. Small Business Administration Investment Company of the Year Award
- ThoroughCare Announces $3 Million Capital Raise to Advance Care Coordination for Value-Based Care
- New Guide on Car Insurance Coverage Published by Attorney Howard P. Lesnik, Esq.
- Total Construction Starts Inch Higher in April
- New help site for struggling fiction writers
- Two Great Events. One Great Day: The Love+Unity Music Fest and Scholarship Ride on World Day of Diversity and Culture