# NIFTSY

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/niftsy

- Industry: Software
- Headquarters: Indonesia
- Website: www.envelop.is
- Total disclosed funding: $1.2M
- Latest round: Seed (Aug 25, 2021)
- Investors on record: 9

## About

Based in Indonesia, and founded in 2020 by co-founder and CEO Alex Shedogubov, and Alex Kuzin, Envelop, d.b.a. NIFTSY operates as a software development company that focuses on providing a cross-chain tool set for non-fungible tokens to be protected from devaluation and fraudulent activities. In August 2021, NIFTSY raised EUR 1 million in seed funding co-led by Autonomy Capital, Moonrock Capital, and Waterdrip Capital, with participation from Cypher Capital, Damo Labs, Lancer Capital, LD Capital, Lucid Blue Ventures, and YBB Foundation Ltd.

The company provides a cross-chain protocol that allows users’ NFTs to be used as storage for cryptocurrencies or other NFTs, as well as allows creators to add unique settings, such as royalties, replenish the inner vault with transaction fees, or add temporary time locks to deposited assets to their NFTs.

## Funding rounds

- Seed, Aug 25, 2021, $1.2M — LD Capital, Cypher Capital, Waterdrip Capital, Moonrock Capital, Lancer Capital, Autonomy Capital, LucidBlue Ventures, Damo Labs, YBB Capital

## Investors

- LD Capital (https://capitalatlas.ai/funds/ld-capital) — Seed
- Cypher Capital (https://capitalatlas.ai/funds/cypher-capital) — Seed
- Waterdrip Capital (https://capitalatlas.ai/funds/waterdrip-capital) — Seed
- Moonrock Capital (https://capitalatlas.ai/funds/moonrock-capital) — Seed
- Lancer Capital (https://capitalatlas.ai/funds/lancer-capital) — Seed
- Autonomy Capital (https://capitalatlas.ai/funds/autonomy-capital) — Seed
- LucidBlue Ventures — Seed
- Damo Labs — Seed
- YBB Capital (https://capitalatlas.ai/funds/ybb-capital) — Seed