Curios is a non-fungible token (NFT) platform constructed to assist creators and companies set up their very own NFT marketplaces. With key options for fee ease, fraud safety, and different advantages, Curios invitations anybody all for NFTs to mint their first assortment. With 7,000 marketplaces created up to now, 12 enterprise offers closed, and $1.6 million in income generated in its first 12 months of enterprise, Curios appears to be capturing an honest slice of the quickly rising NFT market.
Nonetheless, there’s nonetheless quite a lot of volatility in cryptocurrency, blockchain, and NFTs. NFT gross sales have dropped precipitously in latest months, in alignment with an enormous loss in cryptocurrency worth, rampant mortgage defaults and layoffs throughout the business, and basic bearishness from traders. Curios is competing with well-established NFT market suppliers like OpenSea, however even that brand-name enterprise is struggling on this turbulent local weather. It’s additionally not reassuring that Curios’ founder has no expertise in crypto or founding an rising tech startup. Due to this fact, Curios has been rated a Impartial Deal.
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Analyst report written July 18, 2022.
