Deefy to focus on NFT-based monetary utilities by way of rebranding to DayFi
Deefy, an organization constructing monetary utilities for non-fungible tokens (NFTs), has introduced that it is going to be rebranded to DayFi. In accordance with an official launch, the choice to rebrand to DayFi stems from the corporate’s imaginative and prescient of making utilities for NFTs, in addition to its plans to develop internationally.
“We look forward to introducing DayFi to the Web3.0 world. We believe that DayFi has the potential to revolutionise the way people think about and use NFTs, and we look forward to working with the Web3.0 community to make this happen,” Amogh Tiwari, founder, DayFi, mentioned.
Reportedly, DayFi has shifted its focus from constructing for NFT shoppers to partnering with B2B Web3.0 tasks akin to NFT marketplaces, blockchain video games, and different dApps coping with NFTs. DayFi intends to disrupt the way forward for digital belongings by reworking NFTs right into a secure asset class akin to actual property or gold. To attain this, DayFi is believed to have constructed an API that goals to make NFTs reasonably priced by way of collateral-less buy-now-pay-later choices.
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