Dubai Based Slamcoin social NFT platform completes financing round in 59 seconds

Ina recent press release, Slamcoin, a social (NFT) platform announced the completion of a successful round 1 financing that took place in a record 59 seconds. SlamNFT is a market place of a platform that facilitates the manufacture and subsequent transacting of NFTs by social media users based on their products and pictures through the Slamchat application/platform.

As per the release, the funds will be used for the scaling and acceleration of the company's growth through the development of more interesting features and fostering creative technology that will enhance the platform's capabilities. The funding round was led by Slamcoin's partners, who are a group of multi-cultural visionary members from across the globe.

Slamcoin is developing an online social platform that makes it easier for digital content creators and fans to buy, sell, mint, and collect content NFTs. Slam leverages the power of Binance blockchain and protocol to facilitate transactions within the app by users who have been registered on the SlamNFT and through the use of a native currency referred to as the $SLM.