PolkaFoundry Partners with DeFi11 to Enhance Its DeFi and NFT Ecosystem
We are delighted to announce our new partnership with DeFi11 — a DeFi powered decentralized gaming ecosystem built on top of Matic Blockchain with Ethereum as the base layer. DeFi11’s mission is to protect gaming platforms from fraud and a lack of transparency in Centralized Fantasy Sports Application.
Game industries suffer from four main problems, according to DeFi11: a centralized approach, false reporting of daily volumes, unaccountable data and fake accounts, and a lack of user anonymity. DeFi11’s dedicated team of programmers, designers, and artists have come up with practical solutions to these four issues, including creating a completely decentralized and transparent system, maintaining user anonymity, eliminating market manipulation, and removing intermediaries in P2P transactions.
This partnership enables the seamless transfer of values and information between the two ecosystems within the blockchain and individual transactions on a standard NFT network and helps multi-lane chains. Another good thing about NFTs is that their development is picking up. Incorporating the PolkaFoundry solutions will help the DeFi11 team solidify a key component of their NFT designs.
About DeFi11
DeFi11 is a DeFi powered decentralized gaming ecosystem built on top of Matic Blockchain with Ethereum as the base layer. The platform aims to establish ethical standards in gaming by making the system transparent, auditable and incentivizing. In this way, we are trying to bring more individuals to an already ripe gaming market which has been stifled due to lack of innovation.
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ABOUT POLKAFOUNDRY
PolkaFoundry is a platform for building borderless and frictionless DeFi & NFT dapps on Polkadot. It aims to be the one-stop production hub for DeFi & NFT dapps with all the necessary features, services, integrations, and tools for DeFi experiments, innovations, and real-world solutions. Taking advantage of Polkadot’s interoperability and scalability and integrating many DeFi-friendly services into the platform, PolkaFoundry also provides UX-enabling features that make dapps as easy to use as everyday applications and bring dapps to the masses.
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