PARTNERSHIP ANNOUNCEMENT | RaceFi x AFKDAO

RaceFi
2 min readDec 12, 2022

We are honored to announce the partnership between RaceFi and Galaxy Arena 🤝

RaceFi is thrilled to become the Official Partner for Galaxy Arena.

RaceFi is delighted to be partnered with AFKDAO — decentralised scholarship program launcher and non-collateral lending pool solution for game NFT assets powered by the delegation functionality of its proprietary ERC-4610 protocol.

About AFKDAO

How Does It Work
🔹ERC-4610
An ERC-721 extension working as a delegator that enables separation of ownership and access to utility as well as profit sharing. ERC-721 wrapper is available
🔹AFK Aggregator
- Enjoy passive profits by staking game NFTs to delegate guilds to P2E in
- Rent game NFTs without collateral nor upfront costs to run your scholarship program even for decentralized games
🔹Lending Pool
- Sharing profit without the risk of losing your assets
- Lend and borrow game NFTs at any time at dynamic interest rate in a pool similar to AAVE in AFK Lending Pool without the need for collaterals
🔹AFK Launchpad
- Discover P2E-ready game NFTs in AFK Launchpad

The AFK Token
🔹Staking
Stake for allocation in Launchpad and AFK Aggregator
🔹Governance
Determine which NFT assets to list in lending pool and gauge of incentives in every pool (future plan with veCRV-like governance model)

Team (Details in Deck)
Ex-Neowitz, ex-Wemade, ex-Bandai, ex-Optus/Menulog, ex-EOS

Network:
BNB, Polygon, Avalanche, Arbitrum, Imutable X, Flow, Solana, WAX

Deck: https://afkdao.docsend.com/view/s/vfp9n2j3ndhuh7bw

Github (SDKs): https://github.com/AFKDAO/

Website: https://afkdao.io

LinkTree: https://linktr.ee/afkdao

About RaceFi:

RaceFi is a Decentralised Metaverse and Car Racing game with Web3 infrastructure | Built on Solana, Unreal Engine 5, AI/ML Within RaceFi’s ecosystem, players can earn while enjoying various game modes to satisfy the thirst for speed or make a profit by owning in-game property. Pure race or Battle race, PvP or PvE, racers or citizens of Race City, the possibilities are endless. Besides, RaceFi is in the process of building the RaceFi metaverse which is a seamless integration of the real and virtual worlds that runs on multiple blockchains: Solana, BSC, Polygon, and Avax.

RaceFi has concluded our IDO on SolRarz and Enjinstarter, and $RACEFI token is currently trading on Kucoin and Raydium. (Top 200 cryptocurrency on Kucoin)

Website | Telegram | Medium | Twitter | Discord | Reddit

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RaceFi

RaceFi is the first AI/ML integrated car racing game on Solana ecosystem.