PolkaFoundry: 76% |
Review Date: March 16th, 2021
PolkaFoundry is a platform for creating borderless and frictionless DeFi apps. It is designed as a One-stop dApp factory providing interoperability with DeFi and Web 3 ecosystems thanks to the use of Substrate and by being a part of the Polkadot ecosystem. The platform is built to allow a proper focus on UX to enable a broad adoption. PolkaFoundry aims to help for a range of different use cases, mainly targeting DeFi, like open lending platforms, NFT auction and marketplaces, cross-chain DEX, DeFi derivatives or even prediction markets.
Originally named Icetea, the project that aims to bring full DeFi interoperability to Polkadot rebranded to PolkaFoundry earlier this year. Their public repositories show a lot of developing activity and while some trending projects currently are purely speculative and based on hype, PolkaFoundry is displaying a good amount of work. The project is ambitious and despite the recent work and the soon to come token sale, the mainnet is scheduled for Q3, so there is still a long wait before the product is fully operational. The token is scheduled to go through IDO on 03/16/2021 and will most likely be trading on Uniswap soon after that.
