March 17, 2021

Is The World Ready for NFTFi – DeFi + NFT?

The two latest thrilling things in the Ethereum ecosystem are NFT and DeFi. Until 2020, these “Money LEGOs” were quite isolated from each other but became the arena of many new projects, innovations, and volume records. And we’re sure that there’s more room to grow and blend.

Over the past year, we’ve seen the crossovers of these two technologies. DeFi + NFT protocols are now some of the most exciting blockchain projects in the industry. In this article on Hackernoon, Sergey reveals projects as niftex, NFTfi, NFTX, etc., and tries to explain the core idea of blending the two mechanics within the Ethereum ecosystem.