Neftify, a new platform that facilitates revenue share between blockchain game players and lenders, recently took the top position in Solana’s final global hackathon of the year. Neftify won first place in the Digital Art and Collectibles Track of the competition, securing a prize of $45,000 USD.
The hackathon saw nearly 6,000 crypto pioneers and developers from around the world submit 568 final projects to the judges. Microsoft, Jump Crypto, Standard Chartered, Forte, and Metaplex took part as category sponsors, offering participants a global prize pool of up to $5 million in prizes and seed funding.
The Neftify platform belongs to Neftify Labs, a technology company focused on building open-source products and services for the future of the metaverse. This is done by connecting creators, lenders, and players to generate new ways for people to earn and live. Neftify crowdsources game NFTs and loans them to players. Lenders earn a share of play-to-earn rewards, while players are able to participate in the decentralized game economy.
In October, the platform saw considerable growth in the number of new players and an influx of new community members, with over 520,000 SLP (37,500 USD) being generated. Neftify is currently open to players in the Philippines and Venezuela, with plans to expand into other regions of Latin America, Africa, and Southeast Asia.
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Ivelina is an NFT and Blockchain lover. She has a knack for putting complex concepts into simple words.