Groundbreaking blockchain-powered solutions provider, Zloadr, reveals the potentials of their Esport NFT-Based Yield Farming in a recent Whitepaper
LONDON, UNITED KINGDOM, November 28, 2021 /EINPresswire.com/ — It is looking like good times for blockchain enthusiasts across the globe if the content of Zloadr’s whitepaper is anything to consider, with the recent release showing the amazing potentials of their esport NFT-based yield farming for planned metaverse platforms.
The global NFTs market has literally exploded in recent times, with the trading volume hitting $10.67 billion in the third quarter of 2021, up a whopping 704% from the previous quarter, according to analytics platform DappRadar. The growing popularity of NFT games has undoubtedly contributed immensely to the skyrocketing trading volume is the growing popularity of NFT games, with in-game items generating $2.3 billion of trading volume during the same period.
The increasingly popular metaverse world has been described by experts as the future and businesses across industries are already looking at ways of tapping into the potentials of the concept. In a related development, the team at Zloadr, led by Sam Enrico Williams, seeks to take the experience a notch higher by creating a comprehensive ecosystem to meet the diverse needs of all categories of stakeholders. The recent revelations as contained in their whitepaper, especially as it relates to esport NFT-based yield farming for planned metaverse platforms, has further substantiated this claim.
$ZDR has been designed as the currency to be used on the Zloadr platform as well as Metaverse for NFT assets purchasing and other functionalities. Consequently, it also forms a major part of the yield farming, as the $ZDR yield accrued by an NFT in Zloadr’s Metaverse can only be collected by the owner of the NFT when it is transferred or traded.
Members of the ecosystem can grow their yields by using their NFT’s in competitions and games, competing against other participants and enjoying swift appreciation for every winning. Owners can also earn yield in several other areas by purchasing a Zloadr NFT that is part of metaverse competitions, tournaments and games. Some of the ways of earning yields include scoring goals, transfer windows, attending training sessions, and backing the purchase of new players. NFT-based yield farming is also possible through staking $ZDR and staking $ZDR LP’s, staking longer for higher APY, co-owning a team, playing in-live games, and becoming a liquidity provider.