Jungle — an innovative NFT marketplace that enables collectors to hunt for NFT deals through the power of AI — has secured an astounding $16 million in funding, presenting strong investor confidence in the future of AI-enhanced digital asset trading.
By placing cutting-edge technology at the core of its platform, Jungle enhances NFT trading experiences, making purchasing digital assets more precise, swifter, and, above all else, more profitable.
Technicalities Behind Cheap NFT Deals
Jungle’s most recent offering JungleAI, an AI search tool, is creating hype across the NFT realm for its pioneering functionality. The service is similar to the highly-reputable ChatGPT but primarily focuses on NFT market analysis instead. By simply typing in a prompt, users are given curated lists of available NFTs that accommodate trading demands. Whether on the hunt for high-value NFTs at low costs or searching for NFTs with recently dipped floor prices, Jungle AI supplies these useful insights within seconds.
“Our goal is to equip NFT traders with the most advanced tools to make informed decisions,” said Kamron Yazdani, Jungle’s Director of Marketing. “Jungle is committed to staying at the forefront of AI innovation, and we believe our new search tool will set a new benchmark for NFT market analysis.”
Another aspect that differentiates Jungle from other marketplaces is its state-of-the-art ‘Jungle Deals’. When listing the floor prices of NFTs, the platform leverages its profits to minimize the initial expenses. These discounts enable traders to hold more ETH for future purchases.
These Jungle perks have been well received by investors, leading to the secured $16 million funding round. Now having the capital to play around with, Jungle’s ambition continues. The company is marching toward a decentralized future whereby NFT trading experiences are more effortless, high-yielding, and accessible to all.
The game-changing JungleAI and crypto-saving Jungle Deals highlight the marketplace’s commitment to staying at the forefront of cutting-edge technologies in the NFT realm while assisting users to keep costs down.
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*All investment/financial opinions expressed by NFT Plazas are from the personal research and experience of our site moderators and are intended as educational material only. Individuals are required to fully research any product prior to making any kind of investment.
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