Coinversation Comprehensive Upgrade To NFT Protocols

Published on: 21.10.2021

Coinversation has been upgraded from a single synthetic asset protocol to a derivative and NFT ecosystem with parachains, synthetic asset protocol, DEX and various NFT protocols.

During this year, the team members have worked together to complete the synthetic asset protocol, determine the data source of synthetic assets and establish a whitelist mechanism, complete the oracle function, and launch the first Dapp Kaco Finance, which has deployed Dex and NFT fragmentation protocols on Kusama and BSC. Next, Coinversation will continue to make efforts in the direction of NFT+DEFI.

What is upgraded Conversation ?

The upgraded Coinversation is a platform for financial derivatives and NFT protocol. In the future, Coinversation will not only have Defi 1.0 products such as synthetic assets and Dex, but will also carry many Defi 2.0 applications. On the NFT protocol platform, Coinversation has launched a fragmentation protocol and an auction protocol, and will later launch NFT index funds, NFT lending and NFT mortgage loans. The new Coinversation will include the following modules:

— Parachain
— DEX
— Synthetic assets
— NFT meta-component
— NFT Fragmentation Protocol
— NFT Auction

About Coinversation Protocol

Coinversation are financial derivatives and NFT protocol. Coinversation’s evm version dapp has deployed Dex and NFT fragmentation protocol on Kusama and BSC. Coinversation will continue to make efforts in the direction of NFT+DEFI. Next, we will construct the NFT element components of the Polkadot ecology, such as defining the data format and calculation methods of the Polkadot ecology NFT. On this basis, Coinversation attempts to set standards for future NFT.

About KACO

Kaco Finance is the evm version of DEX issued by Polkadot decentralized exchange and synthetic asset protocol Coinversation. Kaco Finance is a cross-chain decentralized trading platform based on Binance Smart Chain and Kusama parachain. Kaco Finance initially aims to provide liquidity AMM and yield farm for the Polkadot ecological project and is committed to realizing the asset bridging function between Kusama and BSC.

➡️Source:
https://coinversationofficial.medium.com/coinversation-comprehensive-upgrade-defining-defi2-0-and-nft-protocol-90e97a1c8153

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