Human interactions with NFTs have evolved significantly since their inception, transitioning from mere certificates of authentication and collectibles to wearables and representations of real-world items with provable ownership. Despite these innovations, NFTs have yet to fully establish themselves as true financial instruments—until now.

NFTs as Financial Instruments: Enter NFTFN

Pivot is thrilled to announce its backing of NFTFN, an order-book-based NFT Perpetual DEX that allows traders to go long or short with leverage on NFT markets through indexing. NFTFN is redefining the NFT landscape with its unique approach to combining synthetic exposure, blue-chip NFT indexing, and advanced trading opportunities.

This partnership also marks a significant milestone as NFTFN joins our Flagship Acceleration Application Form program, a core initiative of Pivot Ventures.

Why Pivot Ventures Chose NFTFN

The Founders

At Pivot, we prioritize founders with exceptional vision, drive, and leadership—qualities essential for innovation and success in the Web 3.0 space. Co-founders Vikas Singh and Abhishek Gupta embody these qualities perfectly.

Vikas Singh: With over nine years of expertise in blockchain technology, entrepreneurship, and a commitment to leveraging technology for social value, Vikas represents the technical brilliance Pivot Ventures values.

Abhishek Gupta: Bringing extensive experience in marketing, edtech, and global community engagement, Abhishek complements the vision with his ability to drive user adoption and growth.

Their combined expertise positions NFTFN to lead the way in NFT derivatives and financial instruments.

The Backers

NFTFN has attracted investments from some of the Top Angel Network for Web 3.0, including prominent figures like:

Sandeep Nailwal, Co-Founder of Polygon
Anshul Dhir, Pivot Founder & Web 3.0 Pioneer
Industry leaders like Alpha Wave Global, Sumit Ghosh (Chingari), and Prashan Agarwal (FanTiger)

This esteemed network of supporters aligns with Pivot's mission to foster innovation and growth in Web 3.0.

NFTFN: Primed for Mass Adoption

NFTFN’s flagship product, SuperNova, introduces a decentralized NFT index that simplifies access to high-value NFT markets by combining collections like BAYC, MAYC, Azuki, CloneX, and Doodles into a single, powerful index based on floor prices.

Key Features of SuperNova:

Synthetic exposure to blue-chip NFTs
Up to 10x leverage on trades
Enhanced liquidity and democratized market access

These features make SuperNova a pivotal innovation, positioning NFTFN as a frontrunner in the race for NFT market democratization.

Multi-Ecosystem Expansion

NFTFN has already conducted successful testing on the Polygon Testnet, generating over 7,000 trades and a trading volume equivalent to $1 billion in paper value. With plans for a multi-ecosystem expansion, NFTFN aims to address an audience of 14 million NFT users and 30 million DEX traders across networks.

This aligns with Pivot’s vision of empowering startups through Global Venture Accelerator for Web 3.0 Startups and preparing them for sustainable growth in emerging markets.

The Addressable Market

Statistics underscore the massive potential for NFT derivatives:

The NFT market is projected to grow to $14.75 billion by 2026 and exceed $300 billion by 2032.
Daily NFT sales exceed 12,000, with 10,000 wallets actively trading.
Crypto derivatives dominate the market, representing 74.8% of crypto’s total trading volume in 2023.

NFTFN’s innovative NFT index-based products, supported by growing liquidity and institutional adoption, position it for significant market disruption.

Pivot’s Role in NFTFN’s Journey

Pivot’s support extends beyond funding. As a Global Venture Accelerator for Web 3.0 Startups, we assist NFTFN in scaling operations, navigating compliance challenges, and unlocking its full potential in the competitive NFT market.

Our engagement began with an angel investment by Pivot’s founder, Anshul Dhir, and has now evolved into a strategic partnership. This reinforces our commitment to driving innovation and fostering groundbreaking projects in the Web 3.0 space.

Championing NFT Innovation

With NFTFN joining our Flagship Acceleration Application Form, we are setting the stage for transformative advancements in Web 3 funding. As pioneers in the NFT-Fi domain, NFTFN exemplifies the spirit of innovation Pivot cherishes, and we look forward to collaborating on their journey.

Stay tuned for more updates as NFTFN and Pivot Ventures pave the way for new benchmarks in Web 3.0 and NFT trading ecosystems.

Explore Pivot: As a leading Global Venture Accelerator for Web 3.0 Startups, Pivot empowers founders to revolutionize industries through tailored mentorship, funding, and ecosystem support. Visit us to discover how we’re shaping the future of Web 3.0.

Why Pivot Backs NFTFN