NFTify Will Use the PolkaFoundry One-stop Production Hub for NFT and DeFi Applications on Polkadot
NFTify, an e-commerce platform designed for the digital content world, is pleased to announce its partnership with PolkaFoundry to bring all the benefits of the Polkadot ecosystem to the NFT market.
NFTify will run on Polkadot to bring unprecedented interoperability and scalability to its e-commerce platform. To resolve the compatibility issues suffered by some popular NFT minting and trading platforms built on Ethereum, NFTify will use the PolkaFoundry one-stop production hub for NFT and DeFi applications on Polkadot. NFT e-commerce shops on NFTify can then fully benefit from the scalability and interoperability features that the powerful Substrate-based parachain of Polkadot enables.
PolkaFoundry helps developers build dApps that are not only powerful but also accessible to even casual users by placing a great deal of emphasis on reducing barriers to entry and improving the user experience. Billed as a “one-stop dApp factory,” PolkaFoundry is a platform that makes it incredibly easy to launch powerful decentralized applications on the Polkadot blockchain.
With PolkaFoundry’s UX-enabling and other user-friendly features, companies that deploy their stores using the NFTify service will be able to market, broadcast, and sell their own NFT designs at the click of a button, without worrying about high transaction fees or scalability problems typical of other blockchains, which are not a factor of concern in the Polkadot ecosystem.
With NFTify deployed on Polkadot with the support of the PolkaFoundry parachain, anyone will be able to create powerful NFT stores without coding and change the design and appearance of their existing store through themes, thus customizing its style, as well as use the many other functionalities available. PolkaFoundry brings many add-ons to the NFTify ecosystem such as file storage, identity management, and decentralized Oracle data access.
NFTify will benefit from PolkaFoundry’s EVM compatibility, which enables developers to easily deploy Ethereum smart contracts on Polkadot without technical difficulties.
NFTify is addressing an existing gap in the NFT market with a platform that enables unique UX features allowing non-fungible tokens to be brought to a much wider population.
About NFTIFY
NFTify was created to provide one place to build an influential NFT marketplace and brand. We have built the Shopify of NFTs, with a difference. At NFTify, NFT shops operate at the convergence of the nextgen blockchain and Web 3. Buyer and seller matching is more highly interconnected, intelligent, and relevant. NFT transactions are transparent, traceable, and copyright protected.
About PolkaFoundry
PolkaFoundry is a platform for building borderless and frictionless DeFi dApps on Polkadot. It aims to be the one-stop production hub for DeFi dApps with all the necessary features, services, integrations, and tools for DeFi experiments, innovations, and real-world solutions.
Taking advantage of the interoperability and scalability of Polkadot as well as integrating many DeFi-friendly services into the platform, PolkaFoundry also provides UX-enabling features that make dApps as easy to use as normal applications and bring dApps to the masses.
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