TribeOne partners with Syscoin to help the NFT space prosper

TribeOne
3 min readFeb 28, 2022

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March looks exciting as we are partnering with Syscoin- a decentralized open-source platform built to combine industry-proven technology to support cutting-edge applications all in one network.

Syscoin is a revolutionary blockchain solution with the promise of better integrating DeFi platforms into our lives. TribeOne, with its native token $HAKA and custom NFT-lending solutions, is sharing this goal and will explore the Syscoin ecosystem to open new doors for both TribeOne and Syscoin users.

TribeOne x Syscoin

Our new partner enables NFT marketplaces to be built atop their blockchain. With the launching of Syscoin NEVM, Syscoin has set sail to the NFT space and is aiming to provide its users with scalable and efficient NFT solutions. This is where TribeOne comes into play with its unique NFT lending and borrowing capabilities.

In light of this partnership, we will be offering flexible loaning options to users of NFT platforms built on top of the Syscoin blockchain, specifically Luxy after they make the transition to Syscoin NEVM once they implement ZK-Rollups later this year.

Hoping this partnership to be a long-lasting collaboration, we will be also partnering with NFT platforms yet to be built on the Syscoin platform. We anticipate the NFT community to find Syscoin’s solutions very useful and aim to provide all newcomers and experienced NFT traders with our dApp’s ground-breaking lending solutions such as tailored loan plans, simple installment payments, alongside the entrance to newer areas of revenue generation in crypto.

Our dApp offers speculation/NFT-flipping by enabling users to take long positions on NFTs and self-liquidating (i.e. dipping out of paying their entire loan amount and putting the NFT back on its marketplace of origin for sale) — resulting in a profit from future price hikes of the NFT.

Additionally, this partnership will allow Syscoin users to participate in Crypto’s Biggest NFT Giveaway by TribeOne. To celebrate our collaboration, we would like to welcome Syscoin users to take part in the most exciting NFT giveaway event in modern crypto history, where we will be giving away a Mutant Ape Yacht Club NFT!

Last but not least, we are also looking into $HAKA being listed on the Syscoin platform.

“The reach of TribeOne’s game-changing financing solutions is expanding at a rapid pace. Joining forces with Syscoin will help us reach more NFT enthusiasts across the globe and grant us the chance to introduce our ever-growing ecosystem to new users. Syscoin users will also benefit from our unique NFT lending solutions. We anticipate this partnership to open new doors for communities of both parties and look forward to further exploring the vast Syscoin ecosystem.”

- Mehdi Suleman, Founder, and CEO of TribeOne

“Our key objective at the moment is to continue expanding the Syscoin Platform at the most rapid rate since our inception, which we can only do by offering our users as many ways as possible to connect with the exciting opportunities of DeFi. TribeOne marries the NFT and DeFi industries together in one seamless protocol, which Syscoin users will now have the ability to take advantage of. We look forward to growing our relationship and integrating further in the future within our own marketplaces like Luxy, LastKnown and beyond.”

- Michiel, Syscoin Foundation

About Syscoin

Syscoin is a decentralized and open-source project founded in 2014 whose NEVM combines the best of Bitcoin and Ethereum in a single coordinated platform.

Bitcoin’s proven security and Ethereum’s Turing-complete programmability elevated to true L2 scalability via ZK-Rollups taking place on a singular platform, Syscoin, will usher in the next step in the evolution of blockchain technology.

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About TribeOne

TribeOne is the world’s first AI-powered decentralized financial platform backed with RAROC (Risk-Adjusted Returns On Crypto) technology. TribeOne is an NFT, lending, borrowing, saving, and credit risk platform that offers a seamless experience; to all the users through its innovative consumer-centric products. The platform will break barriers in the traditional financial ecosystem and revolutionize the DeFi sphere as a whole. Providing the community with a platform to lend, borrow and invest in crypto assets and NFTs. Therefore, offering an unconventional experience for all.

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TribeOne
TribeOne

Written by TribeOne

TribeOne is an AI Powered NFT and DeFi funding Platform

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