NRGY DeFi Releases Their Transactional Coin Ahead of Their Long Awaited iNFT Technology.
NRGY is the very first DeFi project to introduce the Infinity NFT™ royalty payment technology for licensors of intellectual property. Infinity NFTs™ (iNFTs) are opening new doors for the financial distribution of royalties using new decentralized markets and algorithms. iNFTs open up new royalty opportunities for intellectual property owners and licensors. Anyone who makes a royalty payment into an iNFT becomes an Independent licensor, allowing investors to earn income from future royalty revenues.
Infinity NFTs™ or “iNFTs” are DeFi tokens that add many financial advantages to traditional NFTs. An iNFT starts with a regular NFT, that stores intellectual property data, royalty contracts, and historical payment information. INFTs introduce the ability to receive payments on the underlying royalty contract within the iNFT. Unlike traditional NFTs, iNFTs can produce income rather than capital gains, making them a unique interest to investors.
iNFT IP creators are effectively compensated for the use of their IP and benefit from the licensor network effect produced from fan royalty ownership. Licensing payments create revenues for IP creators, royalties for rights holders, and incentivized referral rewards for the loyal fans who share their favorite IP. INFTs produce income for investors and IP creators through independent licensing contracts, compared to the limiting factors of traditional NFTs that produce zero income.
Under every iNFT contract, NRGY deploys a unique and customizable profile page detailing the contents of the underlying IP, along with the contract terms, revenues, and applicable distributed incentives. iNFT profiles are then deployed on the NRGY decentralized marketplace for convenient search and selection. Becoming a licensor in a particular iNFT can be done in minutes using the easy-to-use interface and integrated NRGY cross-chain bridge.
NRGY is revolutionizing the consumer royalty market by connecting the goods and services we use with the revenues they produce, giving consumers and investors a chance to participate in the success of their favorite IP.
On the eve of NRGY’s iNFT technology debut, today marks the introduction of their new transactional coin, NRGYGo on Binance Smart Chain, designed to provide convenience for iNFT and DApp consumers while providing long-term transactional rewards for the NRGY economy. NRGYGo provides the critical high-utility allowance for investment and consumer spending within the NRGY DeFi ecosystem.
NRGYGo provides three core functions to the NRGY DeFi system:
- NRGYGo allows low-cost transactions to be made within the NRGY DApp and iNFT Marketplaces.
- NRGYGo produces perpetual rewards in USDC for NRGY stakers and BNB + USDC rewards for NRGYGo coin holders
- Convenient transactions are made using NRGYGo, further increasing liquidity for the entire NRGY economy.
NRGY strategic advisor and co-creator Chris Hawk comments:
“We are delighted to release NRGYGo to our community. NRGY is leading the way in the decentralized deployment of Intellectual Property royalty investments. The addition of NRGYGo will assist in the advancement of intellectual property investing and distribution.”
NRGYGo on Binance Smart Chain was created from a locked supply of NRGY’s foundational coin on Ethereum, creating a supply of 10 Billion NRGYGo. NRGYGo is conveniently purchased using the NRGY cross-chain bridge located directly on NRGYDEFI.com
Together with NRGY on Ethereum and NRGYGo on BNB, both assets can leverage the underlying financial system and technologies to bring NRGY users face-to-face with an unprecedented opportunity to connect with their favorite IPs, making NRGY’s service ecosystem unstoppable.
NRGY strategic advisor and co-creator Chris Hawk states:
“Currently every financial system attached to NFT’s are the same. The transactions made using NRGYGo towards royalty payments into an iNFT becomes a catalyst for future royalty revenues. We welcome this great pairing of tokenomics with our technologies to deliver true benefits for both IP creators and licensors of intellectual property.”
NRGY will soon be introducing a complete iNFT marketplace with incentivized distribution mechanisms and integrated portfolio management tools. Currently, NFT’s represent ownership of digital goods with transfer capabilities, but iNFT’s will use patent pending technology to store intellectual property data with royalty contracts and historical payment information. As the number of iNFTs on NRGY increases, from multiple categories like music, real estate development, trade secrets, digital publishing, manufacturing, and entertainment, the value of the NRGY financial system will also increase.
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About NRGY DeFi Financial System
NRGY is the future of decentralized finance, a one-of-a-kind distributed business building platform that enables the creation of decentralized apps (DApps). NRGY leverages the power of its financial technologies with an incentivized network community.
NRGY is the very first DeFi project to introduce the Infinity NFT™ royalty payment technology for licensors of intellectual property. It aims to provide the world with a better financial system, which will allow IP creators to connect with consumers and fans in all new ways, balancing the scales of consumerism and creative distribution. NRGY furthermore intends to help bring new financial opportunities to those that have not previously had access to such financial services.
NRGY has already gained early traction from its internal networks and is soon preparing to launch its global awareness initiative through education, use case applications, media productions, and partnerships.
