Waterfall is a protocol focused on trading and valuing NFTs (digital collectibles).
What is Waterfall
Here's how it works:
- Purpose: It helps users find out how much an NFT is worth, especially when it's for sale.
- Specialty: Only evaluates NFTs (ERC-721) that are currently on sale on its platform.
- Non-Evaluation: Does not assess NFTs not listed for sale.
In summary, Waterfall is designed to make it easier for people to understand the value of NFTs they want to buy or sell, streamlining the price discovery process in the digital collectible space.
Team of Waterfall
Shane Fan
CEO
Shane is the Co- founder & CEO of Waterfall.
He graduated from Berkeley at 18 where he founded & taught CS198-73, an undergraduate cloud computing course. Additionally, Shane is a creator with a combined 4M+ followers on social media.
Shane is also responsible for Curta, a CTF protocol where players create and solve EVM puzzles to mint generative NFTs.
Funding of Waterfall
$4,000,000
Total Funds Raised
$4,000,000
Seed round
Led by Pantera Capital and Electric Capital.
Waterfall review
Pros
NFT Accessibility
Sharding NFTs, making them more attainable for users with limited funds.
Cons
Market Dependence
Heavily influenced by the fluctuating NFT market, particularly in its current downturn as of August 2023.