Figures and facts
Figures and facts
Let us start by segmenting the industry. According to the approach we have developed, the complex p2p solutions market will evolve over the next 5-10 years primarily in DAO and DEX integration: this will be done both by moving offline entities to online entities (tokenisation) and back; and by directly interacting crypto-asset markets with fiat and other markets, spheres via -developed gateways.
The pilot implementation of the first trend was the creation of the ICO market, from which the DeFi market was born, which from 2017 to 2021 showed staggering growth in a variety of indicators: from the number of services created, to capitalisation and the total number of users (which, however, is still small, which proves further potential for development).
Between 2020 and 2021, the first large-scale DeFi integrations with NFT models began. Here are some simple but detailed examples:
  • Uniswap - integration with liquidity protocol in version 3.0;
  • YFI - insurance policy in the form of a non-interchangeable token;
  • AAVE - creation of a collateral drive via NFT.
Why does this happen?
One obvious answer to this question is precisely in the growth of both DeFi and NFT markets:
That is, there are so many ERC-20 and other tokens (ERC-223, ERC-777, EOS-21, etc.) within the DeFi market that their aggregation via NFT is necessary. The point is that one listing of ERC- and similar tokens can take up quite a lot of space: ERC-20, 223, 777, 721, 998, 1155, 1400, 1410, 1594,1643, 1644, 884, 1404, 1450, and then there are TRC-20, ST-20, DS-standard, R-standard, S3, Atomic-DSS, BEP-2, BEP-7, EOS-21, TZIP, OEP-4, 5, 506, QRC-20, VIP-1801, VIP-181... and many others, each of which can be further categorized: interchangeable and non-interchangeable token. And then gradate by functionality: utility token and non-utility token (this includes not only security). And then another, and another, and another... So NIFTSY actually creates a tool to unify the aggregation of tokens based on one important criterion: security, which means the demand for the asset (asset group) in the market. The rule is simple: centralisation is a last resort, unification is necessary. And herein lies several useful functions, which NFT-implementations realise at the same time:
However, p2p-economy today contains an almost unlimited number of possibilities, so let's try to consider it from another angle: through integration of NIFTSY as a Protocol.
  1. 1.
    By wrapping liquidity tokens (LP-tokens) in NFT, one can eliminate various liquidity attacks, which have literally become the scourge of the DeFi market: just think of cases of so-called vampire mining. Given the architectural features of the PoS-family, such attacks will continue to evolve, both quantitatively and qualitatively, so now is the time to think about eliminating them at the core system level: without protocols it is unlikely. Especially without lower level protocols.
  2. 2.
    An important aspect is the fact that NFT allows the creation of ETFs (exchange traded funds) as well as simple units. This approach is useful for different groups of investors at the same time: for beginners, it helps to find among thousands of created projects those in which you can invest without losing all your investment when the asset falls: for example, by creating a collateral NFT, which includes BTC, ETH and tokens on different platforms. It is easy to segment services, assets, etc., and select the ones that the user needs. Thus, by assembling integrations of VR/AR/MR/XR and blockchain solutions (such as Decentraland with a native MANA token), one can get a contribution to a segment without complex primary search evaluation and/or analysis approaches. For professional investors, however, this approach allows for a toolkit of asset exchanges without multidimensional swap transactions, where not only asset transfers themselves need to be unified, but also asset issuance standards: That is, any fund can acquire a set of ERC-20, ERC-721, ERC-998 tokens, for example, and with them bundled wBTC and other native coins of different blockchains wrapped in the Ether network, or in any other network where tokenization through any entities is possible: tokens, patterns (patterns), etc. п., by means of primitive smart contracts. Without any unnecessary intermediary entities and/or legal entities.
  3. 3.
    Finally, NFTs with a uniform roll-up and roll-down mode (wrap/unwrap model - WUM) provide the ability not only to tokenize any unique entities around DAO/DEX, but also to do so according to certain rules. Thus, a decentralized, and thus - conditionally independent, tool of external certification of the same DAOs is formed due to the network security of the initial collateral value (see Cases below).
Last modified 6mo ago
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