RaceFi Partnership with AFKDAO
RaceFi, the first AI/ML car racing game on the Solana ecosystem, announced a partnership with AFKDAO, the first-ever NFT bank based on its own ERC-4610 protocol.
RaceFi partnership with AFKDAO, building a gateway for anyone to easily participate in play-to-earn, while projects can bootstrap their economies, and pro gamers can profit and shine.
How Does It Work
- ERC-4610
An ERC-721 extension working as a delegator that enables separation of ownership and access to utility as well as profit sharing. ERC-721 wrapper is available
- AFK Aggregator
– Enjoy passive profits by staking game NFTs to delegate guilds to P2E in
– Rent game NFTs without collateral nor upfront costs to run your scholarship program even for decentralized games
- Lending Pool
Sharing profit without the risk of losing your assets
Lend and borrow game NFTs at any time at a dynamic interest rate in a pool similar to AAVE in AFK Lending Pool without the need for collaterals
- AFK Launchpad
Discover P2E-ready game NFTs in AFK Launchpad
The AFK Token
- Staking
Stake for allocation in Launchpad and AFK Aggregator
- Governance
Determine which NFT assets to list in lending pool and gauge of incentives in every pool (future plan with veCRV-like governance model)
Team (Details in Deck)
Ex-Neowitz, ex-Wemade, ex-Bandai, ex-Optus/Menulog, ex-EOS
Network:
BNB, Polygon, Avalanche, Arbitrum, Imutable X, Flow, Solana, WAX
About RaceFi
RaceFi is a Decentralised Metaverse and Car Racing game with Web3 infrastructure | Built on Solana, Unreal Engine 5, AI/ML Within RaceFi’s ecosystem, players can earn while enjoying various game modes to satisfy the thirst for speed or make a profit by owning in-game property. Pure race or Battle race, PvP or PvE, racers or citizens of Race City, the possibilities are endless. Besides, RaceFi is in the process of building the RaceFi metaverse which is a seamless integration of the real and virtual worlds that runs on multiple blockchains: Solana, BSC, Polygon, and Avax.
RaceFi has concluded our IDO on SolRarz and Enjinstarter, and $RACEFI token is currently trading on Kucoin and Raydium.
About AFKDAO
AFKDAO, building a gateway for anyone to easily participate in play-to-earn, while projects can bootstrap their economies, and progamers can profit and shine.
SOURCE
https://racefi.medium.com/partnership-announcement-racefi-x-afkdao-46a2de191a2
