GryffinDAO looks to unify DeFi and NFT platforms

DeFi and NFT are landscapes that have almost existed as separate entities. Both existing on dominant blockchain networks illustrate that they are more connected than we understand. And GryffinDAO (GDAO) is a new project on the way to unite DeFi and NFTs under one ecosystem.

NFTs exploded in 2021, with the market registering millions of dollars in daily volume. The space has been influential for creators and artists, enabling creators to get more out of their work. However, it has not been able to influence the cryptocurrency market as a whole. The cryptocurrency market also affects the NFT landscape less than the DeFi market.

The crypto market may be in a bear market and the NFT landscape will record high trading volume unaffected by the momentum of tokens. NFTs are beyond mere art, and since networks like Decentraland (MANA), Sandbox (SAND) and others have created a virtual world out of it, the future looks promising for projects that want to create tailor-made solutions for it.

However, DeFi exploded in 2020 as soon as the market discovered the limitless possibilities it offered. DeFi works like a banking system, but without a banking system. This means that all central bodies and authorities are eliminated, and this allows users to get back 100% of the gains that could have gone to central bodies such as banks.

Decentralized Land (MANA)

Decentralized Land (MANA) is a virtual reality platform that runs on Ethereum. In this virtual environment, you buy land parcels that you can later explore, develop and profit from. The possibilities are endless.

The areas you interact with in Decentraland are LAND, non-fungible digital assets you buy from other players. The platform allows you to own LAND NFTs that you can spend as you wish. You can see LAND as a replica of real life property. You can create 3D dynamic scenes, a virtual school, a museum, a casino, etc.

It provides a fully immersive experience made possible by augmented and virtual reality. However, you take part in a three-dimensional world instead of playing on a two-dimensional screen. It seems to be the future of gaming as the gaming industry has always been looking for ways to make games more intense and real.

GryffinDAO (GDAO)

GryffinDAO is a new decentralized protocol on the BNB Smart Chain. The GryffinDAO protocol looks to unite NFT and DeFi tools under one ecosystem. It will give the community access to various features that make the platform unique. Innovative DeFi offerings such as bonds and liquidity startups can help bring the protocol to a new market resulting in an influx of liquidity and profits for early adopters.

GryffinDAO is a community-driven project, and since it has proven to be a very effective model for growth and for ensuring that projects have a direction, GDAO can be a safe bet. The NFT offering will power the gaming platform, NFT marketplace and virtual reality.

Various NFT collections will be available on the GryffinDAO gaming platform, some of which will be crucial to gameplay. The game platform will display the different rarity classes and available NFT use cases. In addition to the NFTs produced by the platform, GryffinDAO allows community members to produce their own distinctive NFT designs that can be used in the gaming industry. This improves users’ overall gaming experience while generating an additional source of income.

GDAO is on stage 2 presale, after recording a successful stage 1 presale. Buying the token now is cheap and comes with decent bonus offers. You get up to 12% when you buy with top cryptocurrencies like BNB, ETH, USDT and BNB. Subsequent purchases can earn up to 95% and you can end up with much more GDAO tokens than your money is worth. However, the referral program allows you to earn without buying a token – you get $40 for every $200 your referee spends on the pre-sale. Join the pre-sale here.

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