About Nifty Island
Nifty Island is a company based in Austin (United States) founded in 2021.. Nifty Island has raised $4.97 million across 2 funding rounds. Nifty Island offers products and services including Nifty Island Platform, Marketplace, Quests, and Gacha. Nifty Island operates in a competitive market with competitors including GamerHash, Arcade, WAM, XMANNA and Tipspace, among others.
- Headquarter Austin, United States
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Sectors
Media & Entertainment
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Phone
*********
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Website
*********
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Social
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- Legal Name Nifty Island, Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$4.97 M (USD)
in 2 rounds
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Latest Funding Round
$470 K (USD), Series A
Sep 21, 2021
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Investors
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Employee Count
Employee Count
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Products & Services of Nifty Island
Nifty Island offers a comprehensive portfolio of products and services, including Nifty Island Platform, Marketplace, Quests, and Gacha. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for creating and playing NFT-based games with rewards.
System for buying, selling, and trading digital assets and rewards.
Features for completing tasks to earn NFTs and crypto rewards.
Mechanism for random in-game item generation and rewards.
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Funding Insights of Nifty Island
Nifty Island has successfully raised a total of $4.97M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $470 thousand completed in September 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series A — $470,000
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First Round
First Round
(23 Apr 2021)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2021 | Amount | Series A - Nifty Island | Valuation |
investors |
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| Apr, 2021 | Amount | Series A - Nifty Island | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Nifty Island
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Nifty Island
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Nifty Island Comparisons
Competitors of Nifty Island
Nifty Island operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as GamerHash, Arcade, WAM, XMANNA and Tipspace, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cryptocurrency pool mining solutions are provided for user rewards.
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| domain | founded_year | HQ Location |
Arcade is recognized as a leading NFT lending platform.
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Play-to-earn gaming platform is provided for user engagement and rewards.
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| domain | founded_year | HQ Location |
Provider of monetization and revenue management platform for game developers
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| domain | founded_year | HQ Location |
Provider of a monetization platform for the gaming industry
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Nifty Island
When was Nifty Island founded?
Nifty Island was founded in 2021.
Where is Nifty Island located?
Nifty Island is headquartered in Austin, United States. It is registered at Austin, Texas, United States.
Is Nifty Island a funded company?
Nifty Island is a funded company, having raised a total of $4.97M across 2 funding rounds to date. The company's 1st funding round was a Series A of $4.5M, raised on Apr 23, 2021.
What does Nifty Island do?
Nifty Island was founded in 2021 and is headquartered in Austin, United States. An online platform focused on community-based gaming is operated, where users engage in gameplay, trade non-fungible tokens (NFTs), connect with fellow gamers, and receive cryptocurrency rewards for participation. Services are centered in the blockchain gaming sector, facilitating interactive and monetized experiences for users globally.
Who are the top competitors of Nifty Island?
What products or services does Nifty Island offer?
Nifty Island offers Nifty Island Platform, Marketplace, Quests, and Gacha.