The team behind the DeFi hub Cyber Finance is set to release an NFT collection in collaboration with b0rder1ess, Magic Eden, and Polygon, as representatives informed ForkLog.
Cyber Finance will distribute 1,000 non-fungible tokens among partners and whitelisted community members. The minting is scheduled for July 18 on the Magic Eden platform’s launchpad, supported by the Polygon team.
“NFT holders will gain exclusive governance rights in Cyber Finance and access to a private community. Subsequently, the NFTs will be backed by Cyber Finance (CFI) ERC-20 tokens through the NAP protocol from b0rder1ess. The backing will continually increase through a portion of the project’s revenue,” commented b0rder1ess CPO, known as RK.
Cyber Finance is developing a DeFi hub in the form of a Telegram bot, operational on Ethereum, Arbitrum, Optimism, Base, BNB Chain, Polygon, Linea, Scroll, and other EVM networks. The project plans to add support for non-EVM blockchains like Solana and The Open Network (TON) in the future.
At the time of publication, Cyber Finance has launched a namesake mini-game, where users earn points by breaking an egg with a hammer and completing other tasks. The hammer and egg can be upgraded to reduce breaking time and increase point accumulation.
“After launching the bot, you will see a countdown until the egg ‘breaks’ and you receive a certain amount of xCFI points. The egg will then reset, and the process begins anew,” Cyber Finance notes.
In the future, the project team will convert xCFI into governance tokens CFI.
“We will conduct a TGE after the successful launch of our main products, starting with the wallet. The primary benefit of CFI lies in revenue sharing: the better our products, the more token holders earn,” Cyber Finance developers comment.
According to them, the Telegram bot’s audience exceeds 5 million users.
Earlier, ForkLog published an article on how the NAP protocol from b0rder1ess operates.