RioDeFi Joins the NetVRk Ecosystem as Strategic Partner and Investor

RioDeFi
RioDeFi
Published in
2 min readMay 7, 2021

RioDeFi is delighted to announce a strategic partnership with NetVRk, a social VR platform developed for people to create VR app share and experience with others while monetizing on them. Users could access staking programs, generate NFTs, buy lands and ad spaces in NetVRk’s virtual world.

Through this collaboration, NetVRk will benefit from RioChain, RioDeFi’s blockchain technology allowing more users to access the virtual reality platform.

RioDeFi will also take an investment position in NetVRk and support the growth of this project. So far, RioDeFi has invested in several projects including Lepricon, a prediction games platform, MANTRA DAO, a DeFi platform, LABS, an innovative real estate group bringing tokenization to the property market and DragonBite, a loyalty program dapp allowing its users to convert their reward points into cryptocurrencies.

“The team at RioDeFi brings great products and deep knowledge in regards to crypto and interoperable DeFi solutions. We look forward to working with them and bringing added utility to our users.” comments Daniel Kennedy, Chief Marketing Officer at NetVRk

“We are thrilled to be joining the NetVRk ecosystem as an investor and technology partner. Combining RioChain’s interoperability, speed, and low gas fees with their high-quality virtual worlds and income-generating NFTs will raise the bar in terms of what’s possible for user-generated content creation and income-earning opportunities in the digital age.” adds James Anderson, CEO of RioDeFi.

RioDeFi will also be making an appearance in NetVRk’s virtual world with its own land. Keep your eyes peeled on both of our social media channels for more details!

About NetVRk

NetVRk is a social virtual world and platform, with powerful creation tools and infrastructure to easily make, share, experience, and monetize creations. With a focus on gaming, education and virtual workplaces, built around ownership of virtual land and assets.

Website | Twitter | Telegram | Telegram Announcement

About RioDeFi

RioDeFi accelerates the mass adoption of digital assets by bridging traditional and decentralized finance. Our vision is a world in which everyone has access to decentralized financial (DeFi) services. We develop solutions that connect banking institutions with blockchain systems. Our applications enable lower transaction fees, faster confirmations, more efficiency, better returns for savings account holders, and global reach.

Telegram | Twitter | Website | Medium

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