NFTically

The founders' backgrounds are deeply rooted in technology and entrepreneurship. CEO Toshendra Sharma is an alumnus of IIT Bombay with a master's degree in Application Security and was recognized in Forbes' 30 Under 30 lists for both Asia and India. His prior ventures include cybersecurity firm Wegilant, the ed-tech platform Blockchain Council, and another blockchain-based startup, RecordsKeeper. This extensive experience in blockchain and security directly informed the creation of NFTically, which was conceived to meet the demand for a user-friendly, customizable NFT marketplace solution, often described as the "Shopify for NFTs".

NFTically's core product allows users to launch their own NFT marketplaces under their own domain names. The platform is blockchain-agnostic, offering clients the ability to choose from multiple blockchains. Key features include custom UI, support for social tokens, KYC verification, and integrations with third-party applications like Google Analytics and Shopify. The company has expanded its offerings to include COMEARTH, a gamified social e-commerce metaverse, aiming to blend NFTs with immersive brand engagement. The business model is based on transaction fees. It charges a 1.5% fee on sales conducted through a client's own marketplace and a 2.5% fee for transactions on the main NFTically marketplace.

Since its inception, NFTically has secured approximately $2 million in total funding over three seed rounds. Its first round was in July 2021, and the most recent was in February 2023 for $1 million, led by Spartan Group and Polygon Ventures. The company has attracted a notable list of angel and institutional investors, including the founders of Polygon, Unacademy, and Udaan, as well as Blockchain Founders Fund.