Asia's First Decentralized NFT-Fi Platform SOLARR Raises $2M to Bring NFT Use Cases Mainstream
Washingtoner/10169316

HONG KONG - Washingtoner -- SOLARR, a decentralized platform for liquifying NFTs headed by ex-investment banking and tech executives from Morgan Stanley, Credit Suisse, J.P. Morgan, Microsoft, and Opera, has raised US$2 million in seed funding.

With a vision to accelerate the world's transition into the decentralized digital economy, SOLARR's seed round is charged with support from ecosystem investors, All In Ventures Fund, JY Cap, MD2 Digital, and professional investors.

According to a statement, the company seeks to "simplify NFT-commerce" with its disruptive NFT-as-a-Service (NaaS) offering.

Gateway into the Metaverse Virtual Economy

SOLARR aims to usher in the next generation of utility NFTs by expanding utility and unlocking value from digital assets. It offers a one-stop, secure multi-chain ecosystem for users to compose, customize, and embed utilities into NFTs. The platform is also ultimately a bridge for users to create new digital assets in the metaverse virtual economy and beyond.

More on Washingtoner

• City of Spokane Launches Residential Light Program
• Progressive Dental & The Closing Institute Partner with Zest Dental Solutions to Elevate Full-Arch Growth and Patient Outcomes
• CCHR: While Damaging Antipsychotics Win Approval, Proven Non-Drug Alternatives Remain Ignored
• Arcuri Group Announces Long‑Term Partnership with WakeMed Health & Hospitals to Deliver Situational Awareness and De‑escalation Training
• At 25, She Became One of the Youngest AAPI Female Founders to Win One of the World's Most Prestigious Design Awards for a Lamp That Makes You Smile

The SOLARR ecosystem comprises a curated NFT Marketplace, SOLARR Square, with a suite of integrated services. SOLARR Square presents a branded store shopping experience with carefully vetted brands for digital asset shoppers to shop with greater confidence and peace of mind.

SOLARR takes the NFT Marketplace model a step further by offering users opportunities to liquidate and receive incentives through its integrated stake-to-earn model and NFT as collateral services. Besides locking their assets in return for incentives against NFTs staked, owners can unlock their asset value by putting them up as collateral for liquidity while still retaining ownership of their NFT assets.

NFT-as-a-Service - A New Business Commercialization Model

Sumsun He, CTO of SOLARR, says SOLARR takes all the complication out of NFT-commerce with its disruptive "no-code" NFT-as-a-Service featuring NFT payment gateway and flexible composability features such as embedding royalties into subsequent sales.

"We want to make NFT-commerce quick, easy, and cost-effective by empowering brands to create online NFT retail stores and sell branded NFT digital products as a new commercialization model," added He.

More on Washingtoner

• Juego Studios Extends Full-Cycle Game Development & Outsourcing Capabilities to the UAE Market
• Spokane: Funding Available for Tourism and Cultural Investment Grant
• VENUS Goes Live on CATEX Exchange As UK Financial Ltd Activates The Premier Division Of The Maya Meme's League
• Our Purpose ​ —To give "We The People" their voice back—
• Atlanta Tech Founder Seeks Clarity on Intellectual Property and Innovation Policy

"SOLARR is building a virtual economic infrastructure that will power the liquifying of the NFT and Metaverse ecosystem," He continued.

SOLARR has completed its Testnet application and is preparing to launch its beta application ahead of its highly anticipated public sale in June 2022.

About SOLARR

SOLARR is Asia's first decentralized NFT-Fi platform, empowering users to increase utility, unlock value, and liquify NFTs within a secure multi-chain ecosystem with integrated economic infrastructure, paving the way into the metaverse virtual economy.

For more information, visit:

• Website: www.solarr.xyz
• Telegram Ann: https://t.me/solarr_announcements
• Telegram: https://t.me/solarrxyz
• Twitter: https://twitter.com/solarrxyz
• Discord: https://discord.gg/bx29yxDggd