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Topic: Inoculate DeFi with Spore.finance (Read 97 times)

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November 03, 2020, 12:59:13 PM
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Mushroom farming is now live at https://enoki.finance. Stake tokens, farm mushrooms, earn governance tokens. $ENOKI holders can vote to double or halve the rate of emission.

DeFi, coming to a gaming console game near you.

We are pleased to announce a partnership between Itchiro, a DeFi project from a Japanese game development firm with over 50 cross-platform titles under their belts. We’re partnering to 1) Create infrastructure that makes in-game economics quickly implementable and deployable for devs, 2) Include a limited amount of Mushroom NFTs in their next title. ENOKI will drive DeFi developers towards their ecosystem while Itchiro invites new investors into DeFi.

The non-fungible token (NFT) market has been expanding with fervor in the recent months, with marketplaces like Decentraland, Rarible and OpenSea seeing volumes higher than ever before. Purchasing and collecting digital items and art has become popular globally.
Recently, NFTs have begun making their way into the financial space. The Enoki DeFi Club’s Non-fungible Mushrooms have a special set of properties designed to incentivize extended-play.
In 2020, the markets are more mature, thus presenting a need for reliable infrastructures where devs and gamers can trade and sell limited-edition assets. To make this virtual economy seamless for everyone, Enoki Finance has closed a partnership agreement with Itchiro Games.

https://miro.medium.com/max/1000/1*7UE0wasnNbz_qT-0b-1UyQ.png

💪 Joining Forces to build an NFT ecosystem
The Enoki DeFi Club sits at the intersection of decentralized finance, gaming, experimental governance, digital-first art, music, and community. While the Enoki community is already actively creating art and assets for the ecosystem, Itchiro will focus on the infrastructure behind the scenes to create in-game marketplaces, cross-platform compatibility, and tools that make DeFi integrations a breeze for game developers.

🌐 Development collaboration for NFT Marketplace
We’ve been a bit quiet because we’ve been working together tackling the back-end development to have a complete NFT Marketplace — including a launching pad, a DEX module, a minting module, and its own decentralized governance module.

🎮 In-Game Mushroom NFTs
One of Itchiro’s latest developments is an in-game wallet, capable of equipping game developers with the means to seamlessly integrate DeFi. As a part of their expansion into the DeFi space, limited amounts of Enoki-yielding NFTs will be found in their upcoming game, The Jungle.

$SPORE<>$JEM Liquidity Pool
Itchiro’s liquidity event is coming soon, and a $JEM-yielding vault will be available to $SPORE and $JEM holders. This will create buy pressure for the $SPORE token along with cross promotion between our respective gaming and DeFi audiences.
Read more about $JEM, the token that powers the Itchiro ecosystem, in an upcoming post on Itchiro’s Medium.

Join our Enoki DeFi Club 💬
Medium: https://enoki.medium.com
Discord: https://discord.com/invite/FC8J35T
Website: https://enoki.finance/
Twitter: https://twitter.com/EnokiDeFi
Telegram: https://t.me/enokidefi
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