 | CardinalCardinal is a NFT infrastructure protocol facilitator it offers leasing, staking, and ticketing to increase the utility of NFTs. Launch your collection or integrate your protocols with the Creator Standard. Cardinal raises $4,4 million IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice. |
Overview
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OpenWhat is Cardinal
Cardinal offers a Solana protocol with use cases such as rentals, staking and ticketing to help improve the utility of NFTs. Rentals, for example, allow rented NFTs to physically sit in renters' wallets while maintaining the impossibility of default.
Cardinal launched the first version of its rental marketplace earlier in the year and "several thousand rentals" have already been executed through the platform. It expects to release the second version in the coming days with a redesigned user interface and experience.
The startup also offers "escrow-less" NFT staking, which allows stakers to continue benefiting from any utility their tokens offer. Among other verticals, we've seen this be especially beneficial to gaming projects that want to create staking initiatives for their users without compromising their ability to play the games.
While Cardinal is for now only focused on Solana, it plans to support other blockchains in the future.
DetailsRaised: 5,2000,000 USDLegalBlockchain Platform: SolanaRegistration year: 2021 | Token infoType: Utility-token |
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