Ifrit Network launches extensive blockchain project using AI and NFT technology

Singapore, April 19, 2023 (GLOBE NEWSWIRE) — Ifrit Network, a comprehensive blockchain project that aims to revolutionize the world of DeFi and crypto, has launched a new decentralized project that will redefine the world of blockchain. The project consists of several components, including a multi-chain dex, a Web3-based forum, an AI bot that predicts token movements, and an NFT staking dapp. Using the latest technologies, Ifrit Network provides investors and developers with a platform that offers new ways to invest and collaborate.

Ifrit Network is also preparing for “GATE”, which will be a kick-start of the Ifrit ecosystem and the launch of the Ifrit community, leading to the Ifrit chain. This will be a major milestone for the project as it will mark the beginning of the Ifrit network’s journey towards becoming a major player in the blockchain industry.

“At Ifrit Network, we are passionate about bringing cutting-edge technology to the world of DeFi and crypto. Our team is dedicated to developing solutions that streamline transactions, improve security and empower our users to make smarter investment decisions. We believe that blockchain technology has the potential to transform the global financial landscape and we are committed to driving this change forward. We are excited to launch our Ifrit chain and introduce our ecosystem to the world. Join us on this journey towards a decentralized, transparent and inclusive financial system, said the Ifrit boss.

A dive into the Ifrit network

One of the key features of the Ifrit Network is the use of AI technology to help calculate crypto movements and predict currency trends. This technology will help investors make informed decisions and maximize profits. With the advances in AI technology, Ifrit Network can automate everything more efficiently.

Ifrit Network also creates a bridge to allow seamless transactions to and from different blockchains. This will make it easier for investors to manage their portfolios and maximize profits. The project is also developing a staking application that uses NFTs. By implementing NFT as a key on the staking platform, where NFT has a role to manage APY, Ifrit Network is trying to restore NFT’s glory. Ifrit NFT will also have a role as a tool used to mine Ifrit tokens on the platform.

With new technology, there is a need for a meeting place for both developers and investors. To understand this, Ifrit Network creates a Web3-based forum to share ideas, promote upcoming projects and invest and relax. This forum will bring interconnection and allow collaboration on the development of blockchain technology.

Tokenomics

Ifrit Network’s token, $IFRIT, is used to facilitate transactions and reward holders. The Tokenomics are as follows:

• 4% marketing
• 3% Development
• 1% redemption and burning

The marketing funds shall be used to get people interested in the products and services of Ifrit Network. The development funds must be used to create and deliver all products based on the roadmap. The buyback and burn funds will be used to increase the floor price of $IFRIT.

Last word

Ifrit Network is a decentralized project that focuses on developing the latest technologies related to DeFi and crypto. By implementing AI technology, Ifrit Network makes a new breakthrough in the development of digital platforms that can automate everything more efficiently. The project takes NFT to the next level, with NFT playing a key role in the staking platform and the mining of Ifrit tokens. Ifrit is a door to further explore the world of blockchain.

In conclusion, Ifrit Network is a comprehensive approach to blockchain development, focusing on leveraging the latest technology to provide investors and developers with a platform that offers new ways to invest and collaborate. Ifrit Network is poised to become a major player in the blockchain industry, and investors can rest assured that their investment in $IFRIT will yield significant returns.

For more information about Ifrit Network and its products and services, please visit its website at

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Disclaimer:

The information in this publication is not investment advice, financial advice or trading advice. It is recommended that you practice due diligence (including consultation with a professional financial advisor) before investing or trading in securities and cryptocurrencies.

CONTACT: Richard LEE
Ifrit Network
Info(at)ifritnetwork.com