🤝Propel is thrilled to officially announce a strategic partnership with Genesis Shards.
It is an exciting moment for both of us to announce this partnership. Genesis shards is a pioneer that provides the first of its kind NFTO launchpad, wrapping pre-ido tokens into NFTs — creating a new Defi options market for previously illiquid tokens.
As we all know, NFTs currently serve only as collectibles. So by using Genesis Shards’s NFT swap architecture wrapping time-locked fungible tokens into NFTs, they can be reimagined to serve as DeFi options. Isn’t it fascinating? Essentially, their goal is to turn NFTs into a liquidity vehicle for Pre-IDO tokens as well as a new suite of DeFi products that can be used across various blockchains.
Also, Gen tickets are NFT contracts that represent a varying amount of pre-IDO tokens. These NFTs can be traded on Gen NFTX exchange or can be exchanged for the IDO tokens at the time of token generation events.
Propel has provided and continues to supply NFT solutions ranging from the fundamentals to the most advanced. We have a number of NFT utility modules that help to power the DeFi ecosystem. As a result, both firms will learn more about NFTs through “Propel X Genesis Shards.” Team Propel is excited to collaborate with Team Genesis Shards.
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.
Learn more about Propel:
Website | Twitter | Medium| Telegram Community | GitHub
About Genesis Shards
Genesis Shards is a decentralized ecosystem powered by Polkadot redefining NFTs as DeFi options, creating a permissionless environment of interchain liquidity for pre-IDO tokens. By wrapping time-locked fungible tokens into NFTs, Genesis Shards is creating a new marketplace for previously illiquid.
Learn more about Genesis Shards:
