Kitty Party launching first ever assisted-DeFi platform on Polygon
A Crypto project that blends NFTs, Gaming and DeFi to onboard first time users to the Cryptoverse, enabling community-led yield and wealth creation.
Based on the concept of ROSCA(rotating savings and credit association) and Kitty Party uses an individual who already used to the DeFi, nicknamed a Kreator, to introduce a group of non-natives, nicknamed Kittens, into the DeFi space through saving pools, nicknamed Kittys, that are deployed for yield generation with blue-chip DeFi projects. A Kreator who understands DeFi will help Kittens navigate through the process and help them make risk-reward decisions while earning a fee for the service provided. The development of Kitty Party will focus on innovative solutions for User Experience such as easy to use one-click setup wallets, phone/email based wallet addresses and efficient on & off-ramps.
Polygon has emerged as a preferred DeFi ecosystem for first time users who are looking for a superior experience and a wide variety of options without having to spend high transaction fees.
Many blue-chip projects that are battle-tested are available for first time users to experiment with. The Polygon team also has been at the fore-front of all the latest trends in DeFi including gamification and has built strong partnerships with many leading projects in the ecosystem.
Launching on Polygon helps Kitty Party to tap into the advantages offered by the scaling solution while also benefiting the high quality ecosystem. The large community also allows the project to recruit many Kreators who are a critical part of its DeFi platform. Kitty Party expects the project to bring in a large number of first time DeFi users to the Polygon thus benefiting the entire ecosystem. It will also generate revenue opportunities for current Polygon users who can sign up as Kreators.
Kitty Party envisions itself as a model to emulate for the next generation of DeFi platforms that will pave the way for mass adoption in DeFi. Many of its innovations like the assisted-DeFi, user experience that emulates tradifi are expected to be key in this process. Polygon has been a pioneer and leader in bringing DeFi to the masses and by launching on Polygon, Kitty Party expects to further expand its user base.
About Kitty Party
Kitty Party is the first ever assisted-defi platform that focuses on bringing mass adoption to DeFi. The project blends NFTs, Gaming, DeFi to onboard first time users to the Cryptoverse & enable community led yield & wealth creation.
About Polygon
Polygon is the leading platform for Ethereum scaling and infrastructure development. Its growing suite of products offers developers easy access to all major scaling and infrastructure solutions: L2 solutions (ZK Rollups and Optimistic Rollups), sidechains, hybrid solutions, stand-alone and enterprise chains, data availability solutions, and more. Polygon’s scaling solutions have seen widespread adoption with 3000+ applications hosted, 1B+ total transactions processed, ~100M+ unique user addresses, and $5B+ in assets secured.
If you’re an Ethereum Developer, you’re already a Polygon developer! Leverage Polygon’s fast and secure transactions for your dApp, get started here!
