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NFTs and DeFi

DeFi NFTs are one of the most creative non-fungible token use cases that adheres to Bitcoin and the original intent of cryptocurrencies (Decentralized Finance Non-Fungible Tokens). Within DeFi, there are already many instances of NFT applications. These NFTs offer significant financial advantages. An alternative to conventional financial services is decentralized finance (DeFi). DeFi's primary benefit is that it does away with the necessity for middlemen. Smart contracts, which let network members to communicate directly with one another and complete quick transactions, make this possible.

They might also include artwork, but because smart contracts are a new technology, their main appeal is their practicality.

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NFTs and DeFi development are two different concepts but there are related in one way that NFTs can be used as collateral in DeFi lending and borrowing protocols. NFT development and DeFi integration can be a complex process that requires a combination of technical expertise and a clear understanding of the NFT DeFi use case. Although, Each NFT development company or a blockchain development company that stay in forefront of DeFi space, has ability to create cutting-edge NFT marketplace development solutions that allow for seamless trading and ownership of digital assets.

NFT collectors are looking for novel ways to monetize their assets as the NFT market expands. Collectors can now leverage their holdings utilizing DeFi methods like lending, borrowing, and staking in addition to simply reselling tokens.

By way of illustration, you can use your Phantz NFTs to obtain staking incentives on Glide Finance in the DeFi ecosystem of Elastos. You can gain an advantage of up to 28.22% by holding Phantz NFTs!

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However, there are other NFT use cases in DeFi. Credit NFTs, or cNFTs, are used by CreDA. With their NFT approach, you can have a credit score on the blockchain and take advantage of benefits like low- or no-collateral loans! The CreDA team hopes to make it possible in the future for your ability to obtain decentralized loans without collateral to be influenced by real-world credit scores.

These are only a few of the cutting-edge approaches that decentralized applications, especially in DeFi, can include NFT use cases. Without the potent technology underlying NFTs, none of this would be feasible.

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NFT in travel industry

Research

NFTs, or non-fungible tokens, became a popular topic in 2021's digital world, comprising digital music, trading cards, digital art, and photographs of animals. Know More

Blockchain is a network of decentralized nodes that holds data. It is an excellent approach for protecting sensitive data within the system. Know More

Workshop

The Rapid Strategy Workshop will also provide you with a clear roadmap for the execution of your project/product and insight into the ideal team needed to execute it. Learn more

It helps all the stakeholders of a product like a client, designer, developer, and product manager all get on the same page and avoid any information loss during communication and on-going development. Learn more

Why us

We provide transparency from day 0 at each and every step of the development cycle and it sets us apart from other development agencies. You can think of us as the extended team and partner to solve complex business problems using technology. Know more

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There are several reasons why people develop blockchain projects, at least if these projects are not shitcoins

Why Rejolut?

1 Reduce Cost
RCW™ is the number one way to reduce superficial and bloated development costs.

We’ll work with you to develop a true ‘MVP’ (Minimum Viable Product). We will “cut the fat” and design a lean product that has only the critical features.
2 Define Product Strategy
Designing a successful product is a science and we help implement the same Product Design frameworks used by the most successful products in the world (Facebook, Instagram, Uber etc.)
3 Speed
In an industry where being first to market is critical, speed is essential. RCW™ is the fastest, most effective way to take an idea to development. RCW™ is choreographed to ensure we gather an in-depth understanding of your idea in the shortest time possible.
4 Limit Your Risk
Appsters RCW™ helps you identify problem areas in your concept and business model. We will identify your weaknesses so you can make an informed business decision about the best path for your product.

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We as a blockchain development company take your success personally as we strongly believe in a philosophy that "Your success is our success and as you grow, we grow." We go the extra mile to deliver you the best product.

BlockApps

CoinDCX

Tata Communications

Malaysian airline

Hedera HashGraph

Houm

Xeniapp

Jazeera airline

EarthId

Hbar Price

EarthTile

MentorBox

TaskBar

Siki

The Purpose Company

Hashing Systems

TraxSmart

DispalyRide

Infilect

Verified Network

What Our Clients Say

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Rejolut is staying at the forefront of technology. From participating in (and winning) hackathons to showcasing their ability to implement almost any piece of code and contributing in open source software for anyone in the world to benefit from the increased functionality. They’ve shown they can do it all.
Pablo Peillard
Founder, Hashing Systems
Enjoyed working with the Rejolut team; professional and with a sound understanding of smart contracts and blockchain; easy to work with and I highly recommend the team for future projects. Kudos!
Zhang
Founder, 200eth
They have great problem-solving skills. The best part is they very well understand the business fundamentals and at the same time are apt with domain knowledge.
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CTO, Purplle

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