What is Infy Protocol? Infy Protocol is a decentralized NFT infrastructure protocol that provides NFT utilities such as: lending/renting NFTs, mortgaging NFTs,…What’s special about this project? Let’s find out with Weakhand in the article. hey.
What is Infy Protocol?
Overview of Infy Protocol
Infy Protocol is a decentralized NFT infrastructure protocol that provides NFT utilities such as: NFT lending/renting, NFT collateral, etc.
Infy Protocol aims to become a support protocol for GameFi or Metaverse platforms, Game Guilds can share revenue with players or other Game Guilds,…
Products on the Infy Finance platform:
- NFT rental: Infy Finance offers 2 NFT rental models: collateralized and uncollateralized. Additionally, users can also generate passive income by lending NFTs.
- NFT collateral: A place where users can receive an amount of money when using NFTs as collateral. Users simply need to pay back the loan to receive their NFTs back.
- NFT Staking: Users can stake NFTs to receive rewards in return. For the BAYC community, that could be a large amount of APR from the APE token.
- NFT launchpad: Allows INFY token users to participate in IDO on upcoming game projects.
What’s the difference with Infy Protocol?
The Infy Protocol provides the fastest possible way to build and deploy rental infrastructure on any EVM-based chain like Ethereum, Polygon, Binance, … using the Infy Protocol SDK Finance. This SDK can be easily integrated into any project of any size and quickly deploy features to the masses.
This SDK also offers collateral and non-collateral contracts (giving users more options) and uses functions such as NFT Lend, Rent, Stop Lending, Stop Renting, require collateral or Collateral-free and other on-chain features.
Core Team
Paresh Dudhat : Co Founder & CEO
- He graduated with a bachelor’s degree in engineering (BE) and information technology at BVM University.
- He joined TechMahindra company as a technical collaborator in January 2012.
- He moved to work as a software engineer for Cyberoam Technologies company in December 2012.
- Then in October 2014, he quit his job and moved to work as Software Developer Resolute at SoftTech company from November 2014.
- In July 2018, he moved to work for The App Experts company as a Remote Android Subject Matter Expert.
- He is currently the CEO at Infy Protocol since March 2022.
Parth Dudhat : Co Founder & CTO
- He graduated with a bachelor of engineering (BE) degree in information technology from Gujrat University of Technology.
- He has worked at Enggdream Infosoft company as Senior Android since July 2013.
- In March 2022, he quit his job and moved to become chief technology officer at Infy Protocol.
Investor
October 19, 2022: Infy Finance Announces Partnership with Polygon Studios to build a rental and lending infrastructure platform in GameFi games.
Tokenomics
Update…
Information Channel of Infy Protocol Project
- Website: https://www.infy.network/
- Twitter: https://twitter.com/infy_protocol
- Discord: