The token launched by Nooft Technologies Inc. Start-up, founded by Marius Smochină and Eduard Ifrim, had a spectacular evolution in the first hours after its launch on WhiteBit. Nooft Token was listed on March 22, at 14:00, with a starting price of $0.09 and in the first two hours of trading reached the maximum price of $0.30, and later, during the day, stabilized around of $ 0.21.
Nooft Technologies Inc. aims to develop an integrated based platform on artificial intelligence that will filter and index millions of NFTs from various sources so that the user can get detailed information as fast and as easy as possible. The Nooft token launched yesterday represents the first stage of the project developed by Marius Smochină and Eduard Ifrim and its intention is to provide users with access to special discounts for services on the NOOFT platform.
“We are impressed by the impact of the Nooft token in the NFT world in such a short time. This confirms that the needs we have identified – to concentrate information, analysis, and trading tools on a single platform – are relevant. At the same time, it is a validation for the solutions proposed by Nooft Technologies Inc. to answer market needs – a search engine that gathers information from existing marketplaces, analysis, and e-learning elements. Our project is aimed at both NFTs creators as well as traders and we aim to bring centralized information about NFT, filtered based on relevance”, says Marius Smochină, CEO & Co-Founder Nooft Technologies.
Nooft Technologies Inc. analyzed databases on NFT markets comprising over 6.1 million transactions made in Ethereum and WAX. According to the analysis, approximately 4.7 million NFTs were traded in 160 cryptocurrencies during the period June 2017 – April 2021. Nooft Technologies has identified 6 NFTs categories: Art, Collectibles, Games, Metaverse, Utility, and more. 90% of transactions between January 2019 and July 2020 involved Art, Games and Metaverse NFTs. Moreover, from July 2020 to April 2021, approximately 71% of the analyzed transactions included Art NFTs.
The NFT sector is growing rapidly, multiple type trading platforms marketplace being launched periodically. In practice, traders and creators face large quantities of unfiltered information, they have to consult insular, without the ability to concentrate everything on a single platform.
Nooft Technologies Inc. aims to create integrative solutions that integrate all marketplaces in a one-stop platform. Future features for Nooft will include a Metaverse extension, by creating 3D virtual galleries where users can navigate through NFTs.
About the company: Nooft Technologies Inc. is a technological start-up founded by Marius Smochină and Eduard Ifrim, who intend to develop a platform based on artificial intelligence that will filter and index millions of NFTs from several sources so that the user can get detailed information as fast and as easy as possible.