NILE ‘NEITH Station’: the world’s first WEMIX mega-ecosystem NFTFi

NEW YORK, March 22 (Bernama-PRNewswire) — Wemade’s DAO & NFT platform NILE (NFT Is Life Evolution) has officially launched “NEITH Station”, the world’s first NFTFi service that guarantees stable future value via NEITH NFTs. These combine NFTs and DeFi to enable NFTFi, a decentralised protocol that facilitates Lending, Swaps, Staking, and more.

The world’s first NFT that conveys value via an underlying asset, NEITH NFTs are a new type of NFT that bears WEMIX and can be purchased with WEMIX$ in the Marketplace via auction or fixed-price sales. NFTs can be traded freely up till the Claim which can be made any time after the Covenant Date. This is usually set for one year after the start of the sale and only NFT holders can claim the covenant amount of WEMIX on or after the Covenant Date. Holders can also engage and communicate with others who own the same collection to increase the value of their NFTs through collective potential.

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