Polkalokr Has Partners With CoinFantasy

CoinFantasy is deploying Polkalokr’s token locking and Swapr tech as solutions in gamified monetisation markets.

Token locking and distribution with LOKR

CoinFantasy is seeking to expand a niche space into a multi-billion dollar opportunity at the cross-section of the cryptocurrency. NFT, and crypto gaming markets. With current fantasy solutions being centralized and not gamified for the crypto markets, CoinFantasy aims to solve this problem by leveraging the power of blockchain-based smart contracts.

Polkalokr offers the most comprehensive substrate-based token locking and swapping protocol available. Lokr provides users with fully customisable release schedules that make multi-pay-out options a breeze, and facilitates event-based distribution via Oracle feeds to reflect real-world and fantasy game events. CoinFantasy will be using this tech to lock and distribute its tokens and NFT rewards. It will also explore the monetisation of its locked tokens with Swapr, enabling OTC swapping of locked tokens without being taken out of the locked supply.

About CoinFantasy

CoinFantasy is a decentralized, fantasy gaming platform for crypto-financial marketing, using non-fungible tokens. CoinFantasy’s self-appointed Game Organizers create games where Game Participants can use skills and knowledge to predict the outcomes of the tokens in the game, maximizing the number of points earned at the end of each game in their respective pools.

About Polkalokr

Polkalokr is the first all-in-one, multi-chain token locking and escrow platform with built-in privacy functionality. Its products — Lokr, Swapr and Bridgr — help to build trust within the DeFi space by removing the human element and focusing on governance through code, with a seamless, omnichannel digital experience platform.

➡️Source:
https://medium.com/polkalokr/polkalokr-partners-with-coinfantasy-f5eea0f5279