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SuperFarm Is COTI’s Exclusive NFT Partner In New Collaboration

April 21, 2021
in Crypto News
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SuperFarm, the cross-chain DeFi protocol, has partnered with enterprise-grade fintech platform COTI (Currency Of The Internet) as its exclusive NFT partner. COTI will bring its expansive suite of crypto payment and fintech solutions to the SuperFarm ecosystem and onboard their community as well.

The team tweeted:

“Please welcome @COTInetwork to the SuperFarm family! COTI has chosen SuperFarm as its exclusive #NFT platform partner. It will mint all of its NFT with SuperFarm and provide its community a one-stop-shop to interact with COTI NFTs.”

COTI Offers Solutions Essential To Blockchain Industry

COTI blockchain addresses payment use cases and is an essential part of the blockchain industry, aiming for mass adoption in the $2 trillion payments industry. COTI is introducing a new type of DAG-based base protocol and infrastructure, designed to sort the shortcomings of centralized and decentralized finance. 

COTI is scalable, fast, private, inclusive, low-cost, and optimized for finance. The team has also developed the Crypto Volatility Index (CVI), a first-of-its-kind index for the crypto market. It allows users to hedge themselves against market volatility and impermanent loss. 

Holders of the protocol’s governance token, $GOVI, share platform fees and offer votes on matters such as tradable assets, leverage used, deposit amounts, platform fees, etc.

What Does The Partnership Offer?

SuperFarm enables COTI to launch ERC761-token-based unique artworks to both communities on its platform enabling the capabilities of NFTs to the COTI ecosystem. As the team states, these capabilities include:

  • Minting of COTI NFTs exclusively on SuperFarm
  • Displaying NFT-collections
  • COTI NFT-Farming
  • Buying, selling, and trading of COTI NFTs

About COTI (Currency Of The Internet)

COTI empowers organizations to build their payment solutions as well as digitize any currency. It is optimized for decentralized payments and designed to be used by merchants, governments, payment DApps, and stablecoin issuers. 

The ecosystem has a DAG-based blockchain, proof-of-trust consensus algorithm, multiDAG, GTS (Global Trust System), a universal payment solution, and a payment gateway. COTI’s platform is optimized for the creation of coins that are stable in price. Users can issue their stablecoin and regain complete control over their money and data.

About SuperFarm

SuperFarm is a cross-chain DeFi protocol that forms a bridge between crypto ecosystems and the gaming industry. It is designed to bring utility to any token by turning it into an NFT farm. No code is required to do so. Any project can deploy a farm with rules to incentivize the most valued behaviors. 

It allows liquidity providers to gain rewards, incentivize longer stakes, or provide special access to project services through NFTS that have utility. The team states:

“NFTs from SuperFarm and Official Partner Farms will gain utility within real AAA video games, in this ecosystem, NFTs are no longer just pixels on a screen, but hold the power to unlock unique digital experiences.”

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Credit: Source link

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