- Startup nealthy is a Web3 startup for investing in NFTs and cryptocurrency.
- Within the context of the stock market, cryptocurrencies and NFTs play a somewhat similar role to these new financial products within the blockchain space
The Blockchain and Crypto Revolutions
Over the past several years, interest in blockchain technologies has skyrocketed. Thanks to benefits such as decentralization, security, transparency, auditability, and low-cost operation, blockchain-based solutions have taken the world by storm, reimagining what is possible in everything from gaming, media, and entertainment to healthcare, education, governance, transportation, financial services, and more.
With the blockchain revolution, a slew of new technologies has come front and center, especially the concept of NFTs, or non-fungible tokens – unique digital identifiers that can be permanently linked and recorded on the blockchain. NFTS can be used to prove, for example, ownership rights of an artwork or real-life asset. They can also be used in everything from low-cost trade and asset management to identification, tracking, and investment.
Compared to NFTs and crypto tokens and assets, we can think of blockchain as the stock market. It is an older and larger industry that generates real value for users. Unfortunately, just as with the stock market, there were significant barriers to entry and access for the average person until new financial services companies and products were developed, such as exchange-traded funds (ETFs), fractionalized investments, certificates of deposits, and user-friendly investment platforms such as eTrade and Robinhood. Without these innovations and service platforms, millions of people would be left out of the loop, with the majority of value capture accruing only to those with the funds, leverage, and connections to participate in the market.
Within the context of the stock market, cryptocurrencies and NFTs play a somewhat similar role to these new financial products within the blockchain space – and global interest in these products has been immense. Today’s NFT marketplaces have over 100 million unique monthly visitors. However, fast-paced trading environments, price uncertainty, and high entry costs (with serious investments requiring $20,000 or more) prohibit most crypto enthusiasts and investors from leveraging these opportunities.
Enter nealthy
Startup nealthy is a Web3 startup for investing in NFTs and cryptocurrency. It was founded by experienced serial entrepreneurs and DeFi investors with one goal: to provide accessible and diversified exposure to digital assets to people around the world. By combining advanced portfolio management strategies with deep technical expertise in the blockchain and cryptocurrency spaces, nealthy provides ETF and index-like funds for digital asset investors – complete with asset curation and transparency of funds.
In essence, nealthy’s index tokens replicate the structure of classic ETFs by storing multiple digital assets on-chain and diversifying investment portfolios to secure against unexpected market shifts. Furthermore, nealthy’s $NFTS token retains its true value, with $NFTS being pegged near 1:1 with vaulted blue-chip NFTs. This will allow investors to enter Web3 markets quickly and worry-free and addresses the market gap when it comes to diversified index tokens for NFTs. There is even a $CRY10 portfolio option that allows users to invest in a diversified basket of the top 10 crypto assets instead of the leading NFT projects.
According to the project’s founders – who have backgrounds in finance, data science, and deep, hands-on expertise with virtual assets – trading markets such as these are evolving, and potential investors are showing an increased interest in diversification, especially first-time investors. Blue-chip index tokens such as nealthy’s $NFTS and $CRY10 aim to provide superior investment opportunities at a reduced level of risk, using NFTs to digitize and facilitate the trade and investment of virtually any asset on the blockchain or a basket of crypto assets to provide quick and easy yet stable income-generating opportunities to interested parties.
Additional Benefits
There are many additional benefits to the nealthy business model, thanks to the innovative tie-ins between NFTs, diversified portfolios, and smart contract-based automation of the nealthy platform.
Firstly, nealthy expands exposure. Why gamble on individual assets when you can easily gain exposure to blue chip NFTs or the top 10 cryptos with one transaction? Secondly, nealthy minimizes risk, thanks to diversified portfolios. This is particularly important for the rapidly evolving crypto and NFT investment space where wild price swings are common.
In addition to the above, Nalthy’s tokens are backed by real assets that are purchased and held securely, and anyone can view its Proof-of-Reserves on the blockchain at any time to determine the value of products on offer. Nealthy also decentralizes portfolio management, which typically requires constant repositioning. With nealthy’s index products, your portfolio automatically manages its own diversification.
Since nealthy is incorporated in Dubai, its investors can enjoy additional benefits, particularly a world-leading, tax-friendly regulatory environment. The United Arab Emirates recently established the world’s first independent virtual assets regulatory authority, known as VARA, which can help grow the adoption of blockchain-based projects and initiatives. The company also plans to incorporate in the Metaverse Zone of Anguilla so that it can mint tokens in a regulated market.
By using the Ethereum blockchain, nealthy can openly display proof of reserve, thereby confirming the presence of blue-chip NFTs in nealthy’s digital vault. Using public cold wallets that maintain transparent holdings and smart contracts that secure and automate processes, nealthy can guarantee the safety of user funds and the optimized allocation of funds and resources to the highest ROI NFTs and portfolio allocations possible.
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Pre-Seed Funding
As a testament to the expected impact of the project, nealthy recently announced the successful completion of a $1.3 million raise in pre-seed funding and the backing of experienced Web3 investors, including renowned crypto celebrity Don Geraldo. The startup will use these funds to grow its core team, hire talent, and boost sales and development activities.
We are still in the early innings of NFT investment and innovation, but ETF-like investment vehicles such as nealthy can provide the much-needed stepping stone for the cryptocurrency space to reach the next plateau and for investors and participants of all sizes and backgrounds to easily and effectively enjoy the benefits of these groundbreaking technologies.
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