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DeFi community rallies behind PoolTogether to hit $1.4M NFT de | Metaverse | Nfts | News

DeFi community rallies behind PoolTogether to hit $1.4M NFT defense funding target

“Don't have a lot of words right now. Blown away by how the community has rallied around PoolTogether Inc and myself,” said PoolTogether co-founder Leighton Cusack. No-loss lottery decentralized finance (DeFi) platform PoolTogether has reached 100% of its legal defense funding goal via the sale of nonfungible tokens (NFTs).

It has taken the project just ten days to reach its funding goal of 769 Ether (ETH) or $1.4 million, signaling strong support from the DeFi community, which is rallying against a lawsuit that some feel is an attack on the greater sector as a whole. The NFTs are priced at 0.1, 1 and 75 ETH a pop, and vary in the number of total minted tokens. The project will eventually roll out "hodler utility" for the NFTs moving forward. Cointelegraph previously reported on Wednesday that PoolTogether’s fundraising project had hit around 471 ETH last week.

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