Loading organizations...
Nftychat is a Web3 messaging platform enabling on-chain communication for decentralized communities and individuals. It provides direct messaging, community creation, and discovery. Operating without traditional usernames or passwords, the platform utilizes blockchain wallets for identity and authentication, simplifying user access and aligning with Web3 principles.
Founded in 2021, Nftychat emerged from the need for dedicated communication infrastructure tailored to the nascent Web3 space. The project aimed to simplify chat for blockchain-native users. Its core insight focused on effortless connection and engagement by linking a digital wallet, fostering direct, private interactions across blockchain communities.
The platform targets Web3 citizens and digital communities, offering a specialized environment for connection. Users seeking secure, wallet-based messaging and community engage via its streamlined interface. Nftychat's vision is to be the primary chat platform for the decentralized web, cultivating vibrant online communities built upon blockchain identity.
nftychat has raised $1.0M across 1 funding round.
nftychat has raised $1.0M in total across 1 funding round.
nftychat has raised $1.0M across 1 funding round. Most recently, it raised $1.0M Seed in March 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Mar 1, 2022 | $1M Seed | — | King River Capital, Luno Expeditions, ParaFi Capital, Stani Kulechov | Announced |
nftychat has raised $1.0M in total across 1 funding round.
nftychat's investors include King River Capital, Luno Expeditions, ParaFi Capital, Stani Kulechov.
nftychat is a Web3 chat application enabling wallet-to-wallet communication for decentralized users, featuring direct messaging, community creation, and discovery without usernames or passwords—just connect your wallet to start chatting for free.[1][2][3][4] It serves Web3 enthusiasts, NFT holders, and crypto communities seeking secure, bot-free interactions, solving problems like scams on traditional platforms (e.g., Discord bots) and the lack of onchain identity-based chatting.[2][3] While early growth focused on wallet integration and safety, sources note it as a past-oriented project ("was"), with no recent funding or momentum details available.[3]
nftychat emerged in summer 2021 when its founder purchased a .eth domain from Ethereum Name Service (ENS), adopting "slobo.eth" as his Web3 identity but finding no suitable chat platform to use it on.[2] Simultaneously, a close friend fell victim to a Discord scam bot, highlighting vulnerabilities in centralized chat apps.[2] This inspired the creation of nftychat as a safe, fun communication hub for Web3 citizens, starting with decentralized usernames tied to wallets while planning progressive decentralization of other features like message storage.[2] Early traction stemmed from its seamless wallet-connect model, positioning it as an onchain social app listed on platforms like Coinbase Web3 dapps.[1]
nftychat rides the Web3 social wave, capitalizing on the 2021 ENS and NFT boom where onchain identities became prominent, enabling wallet-to-wallet interactions amid rising demand for decentralized communication.[2] Timing aligned with crypto's mainstream push, as scams eroded trust in centralized apps, making bot-free, identity-verified chatting a timely fix.[2] Market forces like Ethereum's scalability improvements and growing Web3 adoption favor it, influencing the ecosystem by pioneering onchain social tools that integrate with dapps and communities on platforms like Coinbase.[1][3] It contributes to a shift toward fully decentralized social graphs, though partial centralization limits its current purity.[2]
nftychat's wallet-first model positions it well for Web3's maturing social layer, potentially expanding via full decentralization to compete in onchain messaging amid trends like account abstraction and layer-2 scaling. Upcoming Ethereum upgrades could accelerate its roadmap, boosting adoption if it integrates AI moderation or cross-chain support. Its influence may grow by powering NFT community tools, evolving from a niche chat app to a foundational Web3 comms protocol—watch for partnerships with ENS or major dapps to reignite momentum in a post-2021 landscape.
