Fintech News

NFT API Provider Idexo Completes Its Stable Coin Distribution of Innovative Program

Niftify Announces NFT Platform Beta Launch, Sells Out Exclusive NFT Drop with Ice-T

Recently, Idexo, the leading NFT API provider, has completed its stable coin distribution of the innovative program. Idexo has simplified the complexity with the integration of NFT related features. It applies an API and architecture that hide the complexity and present an easy-to-use, low-code interface and a compute credit.

Browse The Complete News About Fintech : PrognoCIS Partners with PayPal and Braintree for Seamless Online Payment

With NFT becoming a growing digital asset, idexo, an NFT API provider, has greatly simplified the process of integrating NFTs into applications, games, and marketing campaigns.

Recently, Idexo NFT API provider has launched its general staking pool earlier this month covering all current products, services and integrations and has now released its first USDT rewards to eligible stakers. The total distribution was $5000 USDT and the average staker received a $80.65 USDT reward. Available rewards can be viewed and claimed easily in the idexo app.

Unlike typical staking programs, idexo’s program involves staking its native token and receiving a different reward token, in this case USDT.

This simplified experience for any blockchain comprises kits for software or community development. Software development is reduced to one line of code to integrate NFTs into any app with access features of multiple blockchains.

Get In-Depth Insights of Fintech : Build Strategy for Financial Crime Management Solutions Losing Attractiveness Among APAC Financial Institutions

The innovative staking model enables users of its community token, the Idexo (IDO) Token, to stake it in different types of pools that guide the direction of the product and project roadmap. In return, they receive NFTs that ‘prove their stake’ and these NFTS can be used for voting, special access and free and discounted products. People who stake also receive rewards in the form of USDT based on the size of their stake, taken from USDT that is deposited in the pools when the project generates fees from its products.

“Idexo’s general and directional staking programs provide a way for community members to prove their stake and give their vote weight in helping to guide the project. It’s an unprecedented level of transparency and communication in decision-making between a project and its stakeholders.” Says Greg Marlin, CEO and CTO of Idexo.

Read More About Fintech News : Barclays US Consumer Bank Commits $1 Million to Delaware State University to Advance Pathways to an Inclusive Economy in Underserved Communities

While key details of the staking programs are available in the Idexo Whitepaper, Idexo has simplified it further by recently making available a blog post entitled, “10 Reasons to Stake $IDO and How To Do It,” available on their website.

[To share your insights with us, please write to sghosh@martechseries.com]

Related posts

Neir Jhawar, Alireza Vaseghi join Global Atlantic’s institutional business

Fintech News Desk

InsurTech Express Launches Web 3.0 Digital Membership Program

Fintech News Desk

Bitcoin in Your Bank Account? FIS, NYDIG Partner to Enable Banks to Offer Their Customers the Ability to Buy, Sell and Hold Bitcoin

Fintech News Desk
1