Ember x AshSwap — Taking the NFT economy from Ash to Cash
TLDR: AshSwap, a decentralized exchange following the stable swap model and one of the most exciting projects launching within Elrond’s ecosystem have partnered with Ember with a view for Ember to power their future NFT collection and allow AshSwap’s community to tap into the world of renting, borrowing, and sharing NFTs. AshSwap aims to bring more liquidity and enhanced yield dynamics to Elrond and their community of 23,000+ users who will be able to benefit from next-level NFT utility from AshSwap’s future NFT collections, tapping into Ember’s NFT sharing economy via AshSwap’s partnership with Ember.
Ember
Ember is creating the first sharing economy for NFTs, gaming, finance & entertainment with the introduction of the Ember Marketplace, Ember Web3 Wallet, and the Ember NFT Protocol. Ember’s innovations allow everyone to rent, borrow, and share digital assets; solving the problem of the illiquid NFT market. Ember’s revolutionary products will see billions of dollars of untapped value in idle NFT assets get unlocked, and see new opportunities for the industry as a whole open up as Ember challenges the status quo in the way NFTs are transacted.
AshSwap
AshSwap is a decentralized exchange built on Elrond that is setting out primarily to make it easy for users to trade between stablecoins, whilst offering low slippage and small fees. Further than that, AshSwap aims to elevate the standards of DeFi to a new level wherein users can benefit from enhanced yield dynamics and special token use cases. Building on Elrond for scalability and growth driven reasons, AshSwap aims to usher in the next wave of everyday users into the worlds of blockchain and decentralized finance.
Ember x AshSwap
As Ember is setting out to re-invent the way NFTs exist within finance, gaming & entertainment, a partnership with AshSwap makes great sense. AshSwap is a DeFi project at their core, which also recognizes the importance of GameFi elements for user acquisition and onboarding. To build upon these avenues, AshSwap will be exploring the realms of NFTs to elevate AshSwap’s user experience, and Ember’s sharing economy makes for an exciting playground to enable this exploration as we look to bring support to Elrond’s thriving NFT and Gaming ecosystem.
“There is clear synergy in our principles and those of Ember and we are excited to partner to take both AshSwap and NFTs in the Elrond ecosystem to the next level. Our partnership with Ember means that our AshSwap community will be able to easily transact, share, and leverage their AshSwap NFTs to access and utilize their utilities when we introduce them to our ecosystem. By introducing the ability to share NFTs, Ember solves problems of NFT liquidity and accessibility which will benefit our community immensely”
- Neil Nguyen, Founder & CEO, AshSwap
By joining forces with Ember, AshSwap will benefit from deepened NFT liquidity and will be able to use Ember to add heightened utility to their NFTs, as well as the ability to utilize Ember’s payment plans and subscription based NFT models, with a view to make the economy of AshSwap’s NFTs more scalable, shareable & sustainable for their community.
With AshSwap’s support and endorsement of Ember’s services to their community of 23,000+, Ember is stepping into the Elrond ecosystem and is set to welcome in a wave of DeFi users who will be able to benefit from Ember’s sharing economy to leverage AshSwap’s NFT incentives.
The rebirth of the NFT economy
Ember is incredibly excited to bring about the sharing revolution and to re-invent the way in which NFTs are transacted, cultivating new opportunities, possibilities and utilities for NFTs through the sharing economy that we are introducing.
“AshSwap are an exciting DeFi project that have aligned interests with Ember in onboarding the next wave of users into the world of Cryptocurrency, and have exciting applications for NFTs within their roadmap to Gamify and Govern their ecosystem. Ember is excited to partner with AshSwap to power their NFT utility and enable a liquid NFT economy, and welcomes AshSwap’s community of 23,000+ to join Ember’s sharing economy of NFTs.”
- Greg Chapman, COO, Ember Protocol
By partnering with AshSwap, we are demonstrating the broadness of the applications of Ember’s sharing economy, and making a strong statement about our mission to change the landscape of NFTs across every network by taking our first steps to revolutionize the way NFTs work for AshSwap; who are set to be a powerhouse within Elrond’s ecosystem.
About AshSwap
AshSwap is the first decentralized exchange built on the Elrond blockchain that allows users to trade between stable assets with high volume and small slippage. As Elrond grows to become the infrastructure of DeFi, more types of stablecoins will flow in, and users will need a place to swap them.
About Ember
Ember is the sharing economy for all NFTs; enabling every type and standard of NFT to be rented, leased, shared & borrowed across multiple chains. Ember operates in a fully decentralized and trustless way, with zero-collateral, zero-KYC, and zero barriers to access.
To stay up to date with the latest on everything Ember, follow us on Twitter and keep an eye on our Medium Publication and Telegram Announcements Channel for the most recent updates. You can join our community in taking NFTs to the next level on Discord.
