The meteoric rise of @AxieInfinity has opened the floodgates to #Blockchaingaming, beginning a paradigm shift in:
- Free-to-Play ➡️#PlaytoEarn
- DeFi Airdrops ➡️ GameFi Rewards (Earndrops?)
- Using ➡️ Owning
#Avalanche + #Chainlink could have the flexibility needed to be the foundation of the “internet of finance.”
How? Let’s take a look🧵👇
When Chainlink price feeds went live on Ethereum, DeFi exploded and projects like @AaveAave & @synthetix_io surged into billion dollar giants.
Now, Chainlink data feeds are available on Avalanche, granting similar opportunities to protocols new and native to $AVAX. But first,
Fractionalizing allows you to take an NFT and split it into pieces (fractions!), usually in the form of ERC20s.
🧵👇
You can use the ERC20 fractions in DeFi: trade them on a DEX or in the future list them on @AaveAave. Fractionalizing improves NFT liquidity with efficient pricing!
Importantly, it democratizes access to NFTs via collective ownership. Can’t buy a punk?
Own a piece with others🤝