A Decentralized Bank Will Help to Raise Fundings With the Help of NFTs
Kalmar, a decentralized bank, is going to use the NFT technology for fundraising. They claim it will help blockchain cooperate with the real world by helping new businesses raise funds for their development. How is it going to work?
This means selling NFTs within a fundraising campaign. All who participate will receive the nonfungible tokens of different rarity and, respectively, different values at random. This will help to provide a fair play between the investors, because the whales won’t have any privileges as it often happens in such cases.
NFTs are very popular now, so this way of fundraising is expected to attract a lot of attention from the investors. Kalmar plans to expand the amount of supported DeFi protocols and release a new token to complement the field of decentralized finance.