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NFTdigitalAssets - DeFi Money Market Launches Non-Fungible Tokens to Empower $14B DeFi Ecosystem



" DeFi Money Market (DMM), the decentralized protocol and ecosystem that brings earned interest back into the global monetary system, is launching non-fungible tokens (NFTs) that grant the holder country-based, franchise rights on asset introduction within the DMM ecosystem. NFTs will be available as of December 3rd, 2020. DMM has partnered with Chainlink to ensure the security of the system.

"Launching NFTs represents a major step forward for the DeFi ecosystem," said Gregory Keough, Member of the DMM Foundation, the organization behind DMM. "DMM's NFTs represent franchise rights to introduce real-world, income-generating assets to the ecosystem. This NFT system enables major firms, funds, and companies from around the globe to become full participants invested in fostering the growth of this novel, decentralized monetary system that is transforming finance for the better." " - Read Full Article


Source: PRweb





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" DeFi Money Market Launches Non-Fungible Tokens to Empower $14 Billion-Dollar DeFi Ecosystem " - PRweb

" NFT are relatively new types of digital assets that are designed to represent ownership of something that is unique and scarce, whether that be tokenized physical assets, rare digital resources, shares, or practically anything else. " - Ledger

" Fortnite, the free to play game created by Epic Games, brought in a whopping $4.2 billion in revenue in 2019 " - substack

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" The non-fungible tokens (NFT) category gained global crypto attention over the past few weeks as a result of Rarible (RARI) incorporating yield-farming into their adoption strategy. " - monsterplay

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