NFT marketplace NFTb, co-founded by Ukrainian, closes $200k seed round

NFTb, a marketplace for the sale of non-fungible tokens, has raised $200,000 in a seed round of funding. Among the main investors are Spark Digital, Next Ventures, and Rarestone Capital.

According to Na chasi, one of the co-founders of NFTb is a Ukrainian entrepreneur, Olexiy Fedorov, and his team.


“We really appreciate the community that has emerged to support NFTb considering we have done very little marketing thus far. Call us old-fashioned, but we are a product-first team and we’re looking to build a community that shares our long-term vision,” the NFTb team said in the announcement.

NFTb kicks off a private token sale round

The NFTb team has now started a private token sale round, with 18 million tokens planned for the round. The total amount to be raised is $650,000.

There are more people willing to invest in the project than the stated amount, so this private sale is oversubscribed. After that, there will be a public IDO, scheduled for late April.

About NFTb

The NFTb platform is a marketplace for the sale of non-fungible tokens (NFTs) built on the Binance Smart Chain (BSC). Other features of NFTb include the ability for creators to donate a portion of the money from the sale of NFTs to charity during the transaction.

The platform is now launched in the BSC testnet. Among the available features are NFT minting, catalog, buying and selling digital goods, a personal account, etc. Since the project is hosted on the testnet, transactions do not require the spending of real funds.