One of the most exciting aspects of the work we do here at the DeFi Gaming Coalition is collaborating with decentralized finance and NFT projects that are pushing the boundaries of what’s possible in this rapidly evolving industry. Seeking out these pioneers, and working with them to strengthen our growing community of like-minded companies fosters collective enthusiasm and demonstrates how powerful our coalition’s shared vision truly is.
It’s with this spirit that we are thrilled to announce our newest member, a new protocol that allows users to deposit any ERC token into any Non-fungible Token (NFT) — Charged Particles
Who is Charged Particles?
Charged Particles is a token agnostic and NFT agnostic protocol that is expanding the possibilities of NFTs by allowing for a scarce NFT (e.g. Art, Collectible, Virtual Real Estate, In-Game Item, etc.) to be transformed into a basket holding a number of other tokens. The Principal amount can be time-locked inside the NFT, and through integration with Aave’s aTokens, the programmable yield from these DeFi yield-generating assets is extremely easy to access.
Their name holds true meaning in the context of their innovation, as “Charged Particles” are interest-bearing Non-Fungible Tokens, or DeFi NFTs. Any NFT Token that is minted with an interest-bearing token (e.g. aDAI) via the Charged Particles Protocol is considered a “Particle”, and accrues interest over time. This interest is the “Charge” that becomes inherent within the token, and the amount of interest earned over time represents the specific “Charge” that the did you“Particle” has amassed.
“With this partnership Charged Particles together with DeFi Gaming Coalition will be pushing the boundaries of exploring the DeFi and NFT space and venture into the possibilities of gaming.”- Ben Lakoff, Co-Founder of Charged Particles
Charged Particles links
What is the DeFi Gaming Coalition?
A legion of innovators, technical geniuses, gaming fanatics, and DeFi experts, it is our ambition to merge DeFi’s uniqueness with the gaming world. By the gamification of DeFi’s liquidity, and by using groundbreaking technology and products such as NFTs, we wish to grow the DeFi industry to a point where it reaches mass acceptance and scalability.
We promote the research of new protocols, services, and products in the DeFi and NFT sectors by promoting innovative efforts, bridging the gap between projects, and laying focus on security. The goal is to form a strong and robust ecosystem, consisting of dozens of projects at the intersection between industries, with talent hailing from across the globe. In order to provide a headstart for new projects, our gates are wide open to welcome new projects, as well as providing the means to establish solid partnerships between existing projects.
The DGC is fostering and supporting the development of decentralized token-based economies for gaming enthusiasts that’s been lurking just around the corner for years. In this manner, gamers can not only answer their hunger for competition, but also enjoy modern financial services, utilize the many benefits of NFT technology for in-game items and collectibles, and earn lucrative rewards.
Want to learn more?
The DeFi Gaming Coalition will remain at the forefront of innovation in the industry. Want to learn more, and join the coalition? Head over to our site at https://defigamingcoalition.org