ShoeFy

ShoeFy

Contemporary way of repositioning the Non-Fungible Token (NFT) in an unprecedented method with the help of Fungible Tokens (FT). Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
AUD23—34m (Dealroom.co estimates Oct 2021.)
Panama Panamá (HQ)
  • Edit

Recent News about ShoeFy

Edit
More about ShoeFyinfo icon
Edit

ShoeFy operates in the rapidly evolving NFT (Non-Fungible Token) market, providing a platform where users can mint, stake, and trade unique sNFTs (synthetic NFTs). The company targets Web 3.0 gamers and NFT enthusiasts, offering them a blend of digital collectibles and DeFi (Decentralized Finance) tools. Users can mint unique sNFTs, which are algorithmically generated and stored as ERC 721 tokens, each with distinct attributes like fire, water, earth, and wind. These sNFTs can be staked on the ShoeFy platform to earn passive income or traded in secondary markets. ShoeFy also features a cross-chain token bridge, enabling seamless token swaps across different blockchain networks without intermediaries. The business model revolves around transaction fees, staking rewards, and secondary market sales. ShoeFy partners with top-tier LaunchPads to expand its reach and enhance its offerings.

Keywords: sNFT, DeFi, staking, farming, cross-chain, ERC 721, Web 3.0, gaming, digital collectibles, algorithmic generation.