ShoeFy Strategic Partnership with DeFi11

Published on: 06.11.2021

ShoeFy announces its partnership with DeFi11

This is to provide a pivotal use case for utilities of NFTs in the metaverse community, NFT Gaming & passive income streams for NFTs; which otherwise were sitting idle.

They aim to strengthen their communities and explore the possibilities of bringing multiple use cases for NFTs to stake, farm, mint and more.

Through this Partnership:

ShoeFy will collaborate with DeFi11 for unique NFT shoes for events in fantasy sports.

DeFi11 users will be able to stake and farm their NFTs on the ShoeFy DeFi staking platform for NFTs to earn passive income,

They will collaborate for ShoeFy & DeFi11 joint NFTs eligible for platform perks, and also tradable in secondary markets like Opensea, Rarible & also be eligible for Play2Earn Games in the Metaverse and ShoeVerse & Special Signature Fantasy Sports events.

 

About DeFi11

DeFi11 is a DeFi powered decentralized gaming ecosystem built on top of Matic Blockchain with Ethereum as the base layer. The platform aims to establish ethical standards in gaming by making the system transparent, auditable and incentivizing. In this way, they are trying to bring more individuals to an already ripe gaming market which has been stifled due to lack of innovation.

 

About ShoeFy

ShoeFy is an innovative decentralized platform that combines Non-Fungible Tokens (NFT) and Fungible Tokens (FT). It is a futuristic NFT project that utilizes cutting-edge DeFi tools to maximize returns by providing options for both farming and staking using its sNFT. Each NFT is programmatically generated with a unique digital pair of shoes on the platform.

 

SOURCE:

MEDIUM

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