Fungify

Fungify is a non-custodial NFT index and algorithmic lending protocol that aims to revolutionize NFT trading and lending. Their slogan, "Powering Effortless NFT Trading and Lending with Innovative Solutions", reflects their mission to address the most challenging issues at the crossroads of NFTs and DeFi. The company was founded in 2022 and operates within the Blockchain, Crypto, and Internet industries. Their recent achievement includes securing a $6.00M Seed Round investment on 01 February 2023. The backers of this investment round include Citizen X, DCF God, Distributed Global, Taureon, Infinity Ventures Crypto (IVC), Flow Ventures, Joseph Eagan, Mark Borsten, Anagram Crypto, demonstrating strong support from key players in the investment community. Fungify's innovative approach to NFTs and DeFi has garnered significant interest and investment, positioning the company for promising growth within the rapidly evolving blockchain space.