Shard Dubai NFTFi Online Demo Day for selected projects

Title: Shard Dubai NFTFi Online Demo Day Selected Projects

原文来源：Sharding Capital 

"Sharding Capital investment research team believes that although the current NFT market is at the freezing point, but with the market recovery, NFT as a core asset itself will recover stronger, then related supporting facilities. "NFTFi is going to see a demand blowout."

Shard Dubai NFTFi Online Demo Day will be held on May 17 at 10pm Beijing time, sponsored by Web3 early stage fund Sharding Capital. The participation link is at the end of the article.

Shard Dubai Demo day is the first and largest local DemoDay in Dubai. This NFTFi DemoDay has been selected by 7 parties. The following is a list of participating projects.

Project name: Wasabi

Introduction:Wasabi, as an on-chain NFT option, focuses on interoperability and modular design, supporting dApps that complement options, derivatives and metamarkets. More specifically, Wasabi likens itself to a cog, aiming to be a gathering center for NFT mobility. As a result, Wasabi will not only focus on NFT PFPS, but will also offer on-chain options for real assets (RWA), art, metacomes, games, and more in the future. It is worth mentioning that every option is an NFT, which means that the user can buy or sell the option on the trading market before it expires. In addition, the Wasabi team wasn't thinking about competing with other protocols, but collaborating. Currently the main net is online and the first quarter SZN 1 Points Program is underway, similar to Blur's incentive campaign, and there may be airdrops in the future.

Website: https://www.wasabi.xyz/

Twitter: https://twitter.com/wasabi_protocol

Project name: Insrt Finance

Introduction:  Insrt Finance is a protocol for democratizing blue chip NFT revenues, designed to make it as easy as possible for the average user to enter the world of NFT. More carefully, Insrt Finance currently offers ShardVault of a different blue-chip NFT, These include CryptoPunk, Bored Ape Yacht Club, EtherRock, Bong Bear, Pudgy Penguins, Milady Maker, etc., Users can buy Shards to bet on price increases and potential airdrops for the series. ShardVault is just the first step in a roadmap that will continue to evolve into something more satisfying, such as gaming

Music, RWA, etc. They have raised $2.3 million in a seed round, led by Hashkey Capital and Infinite Capital, and followed by Hamzah Khan, head of DeFi at Sky9 Capital and Polygon. There are already 11 Shardvaults, with airdrops expected.

Website: https://app.insrt.finance/

Twitter: https://twitter.com/insrtfinance

Project name: Sujiko

Introduction:  Sujiko is a decentralized derivatization-based exchange that focuses on NFT contracts. To expand, users can trade for as little as $1 and use 10x leverage to trade a range of blue chip NFT assets on Solana, Ethereum, and Polygon. On the pricing side, Sujiko took Pyth Oracle, Magic Eden, Blur and Tensor and programmed a robot to eliminate bad trades. On the liquidity side, Sujiko uses vAMM, limit orders, coupled with rebase and insurance pools to protect liquidity providers. Now it is open to test applications, interested partners can go to the official website.

Website: https://sujiko.dev/

Twitter: https://twitter.com/SujikoProtocol

Item Name: DΞX

Introduction:  The DΞX levels aim to trade NFT like cryptocurrencies, lower the threshold for user transactions, and offer a host of financial derivatives. In v1.0, trading and liquidity aspects are similar to   Uniswap users can also receive a share of the fee by providing liquidity. The user can redeem the ETH on the platform for the voucher of the NFT, which can be redeemed for the random NFT or obtained by auction for the specified NFT. In addition, if you don't like your NFT one day, you can Swap a random copy of the same series. Student: NFT.   The protocol is now open. If you are interested, you can submit your application on the Waitlist website. Website: https://www.d3x.xyz/

On Twitter: https://twitter.com/d3x_xyz

Project name: Strike

Introduction:  By creating NFT Collectible Option Vaults (SNOVs), Strike simplifies the process of earning returns on NFT and maximizes liquidity, supporting a smooth options trading experience. The first product is a Dopex Ssovs-inspired underwrite subscription strategy that passively deposits important blue chip NFTS for royalty payments. The product is very simple to understand and automatic application, in line with NFT user habits. At present, Waitlist application has been opened. Interested partners can submit their application to the official website.

Website: https://www.strikevault.xyz/

Twitter: https://twitter.com/strikevault

  Project name: Nibbl

Introduction:Nibbl uses NFT Backed editions to make NFT co-owned by multiple people. Compared to the current NFTFi which is more financial, the core goal of Nibbl is to capture more social identity symbol type of products, so that NFT can reach as large a community as possible. Nibbl is fragmented into ERC20 or ERC1155 to be held by more people, which together enables the NFT to become more interesting and valuable. Nibbl supports Ethereum and other EVM chains, which means that users can implement NF  T switches in EVM to gain more supporters. Earlier, Nibbl was backed by LongHash, Libertus Capital, Collab+Currency and Polygon co-founder Sandeep  Naliwal, Sandbox cofounder Sebastien Borge, Gnosis cofounder Stefan George, Biconomy cofounder Aniket Jindal, and more. At present, the product has been launched.

Website: https://nibbl.xyz/

Twitter: https://twitter.com/NibblNFT

The selected projects mainly revolve around. The NFT Financial (NFTfi) circuit unfolds. Sharding Capital investment research team believes that NFT as a core asset itself will recover stronger, then related supporting facilities NFTFi will face a blowout demand.

Although the current NFT market is in bear market, NFT trading volume is down more than 90% compared to ATH, which can be said to have fallen to the freezing point.

As mainstream cryptocurrencies gradually recover, retail interest may slowly return. Given that the market cap of NFT is several times smaller than that of DeFi, the NFT sector should outperform other sectors in the short to medium term, and NFT holders will start using NFTfi applications to increase the utility of their NFT, so Sharding believes the NFT sector could start to grow again. These projects are either providing better native application services or building solutions that are easier to bring in outside users along the lines of NFT-compliant development.

This event will invite a number of high-quality early. Web3 founders, active Middle East and Asia VC, angel investors participated in this event. The Day.

Zoom access link below: https://us06web.zoom.us/j/88655737241? pwd=RXdmK2tWYzA3VjdFNnh2eTVmWXYxUT09

About   Sharding Capital

Sharding Capital is an early-stage boutique investor focused on innovation at the underlying protocol layer, such as infrastructure and middleware. Team members are rich in   Web3 industry resources and project operation experience, combined with deep resources in the Middle East and Asia, Sharding Capital can support accurate market penetration and meaningful exposure of the global portfolio.

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