TribeOne to Build AI-Powered NFT and DeFi Funding Services on PolkaFoundry

PolkaFoundry
Red Kite
Published in
3 min readMay 21, 2021

TribeOne is developing the first AI-powered NFT and DeFi funding platform for the PolkaDot ecosystem. As the leading production hub for NFT and DeFi dApps building on Polkadot, we are thrilled to announce a strategic partnership with TribeOne to ensure that the DeFi platform can take advantage of superior integration and performance of PolkaDot. The partners have agreed to collaborate as follows:

  • TribeOne will build its platform on PolkaFoundry.
  • TribeOne will launch an IDO on Red Kite launchpad powered by PolkaFoundry, with an expected launch date of June 15th.
  • PolkaFoundry technology will power both TribeOne’s dApp development and IDO with its unparalleled multi-chain features.

As a production hub for DeFi dApps, PolkaFoundry will provide the TribeOne development team with the tools and features to build a frictionless AI-powered decentralized platform for NFT funding, borrowing, lending, and savings.

The PolkaFoundry and TribeOne teams will work closely to develop and implement a Polkadot version of TribeOne while ensuring the highest quality and efficiency standards. PolkaFoundry’s EVM-compatible technology and other advanced features will ensure the optimal integration and performance of Ethereum DApps on PolkaDot and other chains. The support includes both technical assistance and necessary resources for TribeOne to speed up the implementation process.

TribeOne is developing an integrated lending and borrowing products suite and decentralized insurance and other risk management features. For users to gain maximum benefit from the platform’s comprehensive functionality and the efficient utilization of digital assets (including NFTs), TribeOne has prioritized developing an easy-to-use interface. As TribeOne prepares to launch lending, borrowing, and savings services on the Polkadot network, the DeFi platform will leverage PolkaFoundry’s knowledge of Substrate and Polkadot’s architecture and ecosystem to optimize its integration and performance on Polkadot. Through the PolkaFoundry-Polkadot integration, the TribeOne ecosystem plans to diminish entry barriers, improve accessibility, and ensure maximum usage for all market participants on a large scale.

The PolkaFoundry-TribeOne partnership will remove integration pain points commonly experienced by DeFi dApps so the DeFi platform can fully exploit the advantages of Substrate’s scalability, interoperability, and speed. TribeOne users will benefit from the full potential of its NFT and DeFi funding services within an interoperable ecosystem. Both parties look forward to delivering a new generation of AI-powered DeFi products through a customer-centric interface.

We are excited to bring AI-powered DeFi platform to the Polkadot Ecosystem by leveraging our production hub, PolkaFoundry. This partnership will deliver next-generation DeFi products to fuel mainstream adoption.

-Thi Truong, PolkaFoundry Founder & CEO

“Polkafoundry’s futuristic ecosystem acts as a gateway that will allow us to provide the community with a horizon of NFTs to borrow and invest. It’s essential to bridge the gap between the NFT markets and the DeFi sphere giving the community a wider scope in the NFT industry.”

-Tan Ahmed , TribeOne Director of Partnerships

About TribeOne

TribeOne is the first AI-powered decentralized platform providing NFT funding, borrowing, lending, and savings. The TribeOne NFT and DeFi funding ecosystem is creating a revolutionary shift by introducing a truly decentralized ecosystem and customer-centric products for consumers and micro-financiers.

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 everyday applications and bring dApps to the masses.

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PolkaFoundry
Red Kite

The One-stop Production Hub for DeFi & NFT Applications on Polkadot