Decentralized finance (DeFi) has thrived the market by storm in 2020, with all the latest developments taking place. DeFi is by far the technology of the century, enabling peer-to-peer payments and limitless access to financial services with very low costs. DeFi also provides unique investment opportunities as part of it being the preferred payment infrastructure for blockchain systems.
Following this trend, in 2021, there is a boom in non-fungible token marketplace. NFTs are the new art, and digital marketplaces are the new art auctioneers. When the NFTs arrived in the market, many innovative individuals made a fantastic mark on the digital space. Moreover, by the end of 2020, the market capitalization of transactions globally involving a NFT reached $388 million.
Marsis brings both of these technologies together. It is a decentralized, DAO-driven, NFT platform that pioneers NFT evaluations. The platform also supports an NFT marketplace and NFT fragmentation. All-in-all, the Marsis protocol enables users to vote on NFTs on the platform and evaluate their market value. In addition, the voted NFT can participate in DeFi, with the more votes an NFT gets the stranger its mining capabilities.
Marsis: A 3-in-1 Platform Integrating NFT X DEFI X DAO
Marsis is a 3-in-1 platform that integrates NFT, DeFi, and DAO together. The platform has already closed a $1 million seed financing led by Sapling Insight. Other institutional investors include Chain Capital, Redline Capital, Jove Capital, R8 Capital, Kryptos, 7 O’clock Capital, Legendland Capital, SVC, and Chronos Capital. The funding would be used to explore its technology and offer Marsis to further capitalize on its position as a pioneering role in NFT evaluation platforms.
Recently, on May 25, 2021 Marsis revealed that its $SIS token is now listed on PancakeSwap. However, PancakeSwap is a leading decentralized exchange (DEX) on the Binance Smart Chain (BSC). Of note, BSC offers faster and cheaper transactions than most…