PolkaCipher Joins Forces with NiftyPays
We are excited to share that we have partnered up with NiftyPays which is an NFT staking ecosystem that allows its Nifty holder users to earn rewards on their NFT’s to fully utilize this new Alternative Asset Class.
We, at the PolkaCipher team, are extremely excited to come into a close partnership with an innovative and revolutionary concept, deeply and strategically brainstormed to benefit the exponentially increasing holders of NFTs
NiftyPays will support PolkaCipher in its further development of the NFT bridge technology. The partnership of the two companies will make an impact on the Defi industry and we look forward to seeing one another grow as the industry moves to a more sustained metaverse of defi games and NFT services and help to grow the diversified NFT ecosystem together.
About NiftyPays
NiftyPays is an innovative and revolutionary concept, deeply and strategically brainstormed to benefit the exponentially increasing holders of NFTs, like ArcadeNetwork. The firm will not only allow NFT holders to use their NFTs as collateral or stake their idle NFTs for a desired amount of time and earn rewards from different ecosystem projects listed on the platform. The ecosystem has an intelligent gamification algorithm that calculates rewards based on the time spent by the user in the ecosystem — more time, better rewards.
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About PolkaCipher
PolkaCipher is a privacy-preserving oracle network on the Polkadot Blockchain focused on bringing the use case of private NFTs to off-chain businesses and be a bridge for seamless integration to on-chain Defi apps.
PolkaCipher’s unique offerings help push the use-case of the NFTs in real-world scenarios while still being connected to a cross-chain network that is fair and accurate. PolkaCipher intends to achieve business goals by helping users transact privately and securely using NFTs as a mode of access to different decentralized apps (Dapps) and real-world business rewards.
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