NiiFi Weekly Updates: 13th June 2021

NiiFi Team
NiiFi

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After last week’s craziness it was back to BUILDING for the NiiFi team — because our focus is on delivering NiiFi.

With that said let’s jump in to some highlights from the week:

Updates For The Week

  • We are still on track to release NiiFi testnet by the end of the month.
  • We are working closely with one of our major partners (liquidity provider) on some awesome mechanics for the $NIIFI token.
  • We were added to Blockfolio — so you can track your $NIIFI easily.
  • Ivan on Tech gave us a nice write up https://academy.ivanontech.com/blog/defi-deep-dive-what-is-niifi-and-nahmil
  • We were also added to Nomics and achieved an A grade on transparency.
  • nahmii 2.0 (the technology upon which NiiFi is built) is well on the way to a release date and the updated whitepaper has had some very influential & important eyes on it — before we put it in front of the most important eyes — you!
  • Our development team has grown in number and we are working on building out our engineer reach.
  • We are still keeping a couple of our upcoming partnerships under wraps for now, this is purely because we have strategic plan around the testnet, mainnet, product releases and making significant noise at the right time.
  • Many of you have been asking “wen marketing” & “wen moon”. To address this we want to point out NiiFi has very strong fundamentals, it is not just another DeFi or crypto project — as we’ve said before — NiiFi has been built with partners who the team has been working with for years in mind. The need for NiiFi is baked in to the fundamentals of the products. We have a solid strategic plan around marketing, partnerships, product and development — all of these elements are working in tandem together. We are builders, shippers and we deliver.
  • In case you missed it we are backed by some of the biggest Web 3 and ETH eco-system investors.
  • Need to catch up on what NiiFi is? Read below 👀👇🏽

About NiiFi

NiiFi have built tools from the ground up to facilitate high volume institutional needs and commercial use-cases. By this we mean institutions and commercial players who want to access the unique functionality that DeFi offers but find that current implementations can’t facilitate their needs.

That’s why NiiFi will be ground breaking. NiiFi will be the Uniswap and Compound of nahmii. Except it will have the performance that is required for “real world” products. Our target is for products with 100s of millions of people, or institutions to use. Simply allowing them to dip into constant liquidity products is a paradigm shift.

Those big customers are as excited as you to see what’s coming. In many cases, we’ve been speaking to them for years. NiiFi has been designed from scratch to give them what they need & want.

This is facilitated by our underlying technology, nahmii, the only layer 2 which gives high transaction throughput, low latency, instant finality and predictable fees.

NiiFi has the opportunity to onboard institutions to be able to utilise DeFi tools, that’s the mission the team are well on the way to achieving!

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