THE DEFI COMPANY HAS SECURED THE FUNDING FROM LEADING WEB3 CVS AND STRATEGIC INVESTORS TO ACCELERATE ITS GROWTH!
To support the company’s upcoming phase of expansion, Zharta, the developer of a lending protocol for fast NFT collateralized loans, has closed a seed round of $4 million in new funding. The business had initially received a $300,000 acceleration round from angel investors.
Greenfield One, the lead investor, is followed by the institutional venture capital firms Shilling Capital and Possible Ventures, the two main participants in the Web3 industry, SpaceShipDao, and UniwhalesDao, as well as Clever, Olisipo Way, and other influential business angels. In addition, the Cuatrecasas Law Firm assisted with this seed investment round.
Zharta will prioritize meeting customer expectations when allocating the increased cash, followed by R&D, sales, and marketing. Accelerating market penetration and expanding rollouts are the objectives to enhance the immediate lending platform. They will develop their 12-person staff with up to 20 new personnel to accomplish these objectives.
To swiftly demonstrate the potential of its platform, Zharta has developed a real-time lending model that relies on Lending Pools and NFT assessments with machine learning. The business attributes this to its three pillars: simplicity, user experience, and trustworthiness. In addition, Nuno Corteso, co-founder and CEO of Zharta, believes that growth will be possible if they have a solid customer-centric centered basis.
Doodles, Mutant Ape Yacht Club, Bored Ape Kennel Club, World of Women, VeeFriends, Cool Cats, Hashmasks, and Pudgy Penguins are the collections that can currently be collateralized; the CEO promises that “We will introduce additional collections shortly.”
To create a platform that satisfies users’ wishes, needs, and worries while boosting the user experience, Zharta has already undergone a testing phase. They also addressed security concerns during this phase by auditing Smart Contracts.
Zharta wants to use DeFi pools and AI-appraisals to finance NFTs. This covers not just current assets like collectibles but also the developing play2earn gaming, metaverse, and art industries.
Zharta is not wasteful and exhibits a grounded, practical mentality. It focuses on delivering the market with a strong value proposition that is financially viable growth. It aspires to forge fruitful alliances in Web3 and build on the value others have produced, contributing significantly to the total, creating intricate primitives, and collaborating with institutional entities. In the future that Zharta sees, TradFi and DeFi will work together dependably, and the financial system will fully respect digital assets.