OneRare to use Propel DaaS

Propel
3 min readNov 24, 2021

We are proud to announce OneRare has joined forces with Propel.

OneRare is the world’s first Metaverse for food, building the first tokenization layer that celebrates food in Web3 — creating an immersive & gamified experience for users worldwide giving birth to Foodverse. It features a unique Foodverse, divided over four areas. Players can explore the metaverse and discover ways to play, earn, collect, and battle. They can cultivate a piece of land where Farmers can grow their crops and harvest their own ingredients, and then they can either use it or sell it to Collectors at the Farmer’s Market; while aspiring and expert cooks can also mint their favorite dishes in the Kitchen by reading recipes and combining ingredients. There’s also a Playground where NFT Owners can battle each other in Mini-Games.

Propel is an all-in-one blockchain infrastructure provider whose offerings include DeFi-as-a-Service, Metaverse-as-a-Service, and Staking-as-a-Service. The solutions offered by Propel can be used to create an entire DeFi ecosystem on multiple blockchains in no time.

The DeFi services offered by Propel include various smart contracts, cross-chain bridges, project, and token dashboards, wallets, NFTs, staking contracts, and more. Using Propel solutions is an easy process; projects can use the modules to manage their token sales with vesting periods and implement various DeFi features in no time.

“With the ever-expanding vision for our Foodverse, it is imperative to collaborate with the right strategic partners & we are thrilled to work with Propel and use their DaaS services. We look forward to building this partnership, and enabling OneRare to create unique staking programs for our users.” ~ Supreet Raju, CEO OneRare

“It is literally true that the best and quickest way to succeed is to help others succeed. Hence, Propel and OneRare joined hands to upraise the Blockchain industry. Through this collaboration, Propel’s DaaS will meet Metaverse. Team Propel is grateful to the Foodverse innovator — OneRare — for allowing us to provide Investor dashboard and Staking contracts services.” ~ Shivam Chopra, CEO Propel

About the partnership

OneRare will be utilizing the DaaS service offered by Propel, namely Staking and Investor Dashboard. Propel Investor Dashboard is an intuitive, user-friendly solution that allows project owners and investors to manage the tokens. Using the Investor Dashboard, project owners can organize token sale rounds, manage vesting schedules, transactions. The Investor Dashboard module acts as Mission Control for the DeFi projects tokenomics, with real-time data which can be used for understanding, forecasting, and planning the objects without manual intervention.

On the other hand, the Staking contract will encourage OneRare users to hold the $ORARE token and regulate the token supply in the market, and also secure liquidity. Staking contracts are responsible for monitoring the staking program and issuing rewards to the participants. Propel’s plug-and-play staking contracts module will allow OneRare to create custom staking contracts with desired reward pay-outs, pay-out frequency, and other parameters.

Safety & Security

All smart contracts developed by Propel’s development team undergo rigorous internal testing and are ​​audited by Zokyo, BlockSec, and TechRate. We ensure that any smart contract deployed for a partner project is secure, tested, audited, and scalable.

About Propel

Propel is a global blockchain infrastructure solution platform that offers end-to-end, plug-and-play infrastructure solutions to DeFi, NFT, and Metaverse projects. Propel’s solutions are available for multiple blockchain ecosystems and include multichain capabilities.

Propel holds the distinction of being the only provider offering DaaS, MaaS, and Staking solutions under a single umbrella.

Find OneRare online:

Website | Telegram Chat | Twitter | Documentation

Learn more about Propel:

Website | Twitter | Medium| Telegram Community | GitHub

--

--

Propel

MaaS(Metaverse as a Service) & DaaS (DeFi as a Service) Infrastructure Provider