GIFTY.FI
The Solution that is connecting between Crypto market and Real world market by tokenizing Giftcard.
GIFTY.FI
The Solution that is connecting between Crypto market and Real world market by tokenizing Giftcard.
The problem GIFTY.FI solves
It makes possible to utilize various real world assets that is able to be bought via Giftcard on blockchain.
Challenges we ran into
- Mismatch in the exchange rate between gift cards and cash
-Fee collection
-Self-generated liquidity sourcing
-Yield farming - Volatility in the currency value due to multiple collateral types in the protocol-based currency
- Need to correspond to KRW and USDC
-Assets other than KRW are converted using an oracle reference converter
Tracks Applied (2)
QF Track
It makes possible to utilize various real world assets that is able to be bought via Giftcard on blockchain.Open Track
It makes possible to utilize various real world assets that is able to be bought via Giftcard on blockchain.Technologies used
Discussion