SuperFarm raises $1.1m in bid to boost NFT awareness

SuperFarm has raised $1.1m in a private funding round led by Bitcoin.com. The company is developing a special protocol that allows anyone to launch a Non-Fungible Token (NFT) “farms” solution without requiring a special code to do this.

The deal was facilitating by a number of other underwriters, including Spark Digital Capital, GBV Capital, Solidity Ventures, and Animoca Brands.

Thanks to the new funding, SuperFarm will seek to bolster the presence of NFTs with new audiences and help them achieve more awareness.

As its first step towards the popularization of the solution, SuperFarm will seek to introduce NFT Farming to enable consumers to benefit from NFTs. Driven by the DeFi bonanza, NFT is taking its own turn and changing gaming in exciting new ways.

While DeFi has focused primarily on gambling solutions, NFT is making it possible for creators and consumers to experience other forms of gaming that do not necessarily pertain to casinos and sports betting.

Commenting on the deal, SuperFarm CEO Elliot Wainman said: “These gamers are hyper-connected, technically savvy, and are dedicated to their games. If major games like Call Of Duty or Fortnight had NFTs, every kid under 15 would know how to work an Ethereum address like the back of their hand. This is how we get to mass adoption.”

These tokens could have real success with traditional gamers, according to Wainman. Yet, NFT tokens are adopted massively, with companies embracing this new solution. Many soccer teams are using non-fungible tokens to boost engagement with fans.

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Written by Barney

Co-founder

Barney is co-founder of CryptoGamblingNews.com. When not at work he can usually be found behind a Nikon. He's won numerous international competitions for his photography and volunteers as a content creator for aid organisations in Africa.

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