Plethori Announce Partnership With Polkadot Parachain, PolkaFoundry
Plethori have announced that they will be forming a strategic alliance with DeFi & NFT App factory, PolkaFoundry.
PolkaFoundry provides dApp developers with an arsenal of tools and features enabling them to explore the true interoperability and scalability of the Polkadot ecosystem. Their platform enables an unusual range of innovative development to occur, specifically within the DeFi and Non-fungibles arenas.
This partnership will supply Plethori with the support they require to achieve frictionless entry into the Polkadot network. Utilizing the Polkadot EVM (Ethereum Virtual Machine), Plethori will move seamlessly between the Ethereum and Polkadot blockchains.
Plethori also have plans to implement PolkaFoundry’s UX-enabling features, as well as utilizing a selection of their dApps, the integration of which will enable the hassle-free storage and management of data, including Oracle-feeds.
Plethori will include the PolkaFoundry PKF token in their premier “Polkadot ETF” alongside other top tier projects who also build essential tools to support and grow the Polkadot ecosystem. This inclusion will provide access to and investment in the PKF token across the multiple chains that Plethori’s ETFs will inhabit.
PolkaFoundry Co-Founder & CEO, Thi Truong, commented on the new partnership:
“Plethori’s ideas and technologies are solid and promising. I am very excited as this strategic partnership brings tremendous possibilities for users of both PolkaFoundry and Plethori. By building on PolkaFoundry, Plethori becomes one of the first and foremost exchanges on Polkadot, while the inclusion of PKF in Plethori premier Polkadot ETF will bring much benefit to PolkaFoundry ecosystem.”
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.
About Plethori
Plethori is a Cryptocurrency ETF Investment Platform that allows open trading and creation of trustless ETFs by utilizing blockchain technology and layer 2 solutions. The platform offers decentralized cross-chain investment for exchange-traded funds built on the Ethereum and Polkadot blockchains. This service will allow investors to deposit capital and invest in a wide range of ETFs enabling investment into entire cryptocurrency industries such as insurance, oracles, NFTs, Derivatives, Polkadot ecosystem projects and many more.
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