NiftyPays is an innovative and revolutionary concept, deeply and strategically brainstormed to benefit the exponentially increasing holders of Nifties (Non-Fungible Tokens). It will further fuel the wave of buying and holding NFTs, making them lucrative to investors looking for short-term gains apart from the increased value of NFTs over time and the pride of owning them.
It is a staking ecosystem that will allow NFT hodlers 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.
Increasing buyer interest in purchasing NFTs. The non-fungible token (NFT) market tripled in 2020
This increasing ecosystem needs tools to grow sustainably. DEFI provides perfect opportunity