The GameFi partnership between SwissBorg and Ultra aims to simplify the complex cryptocurrency ecosystem for online gaming enthusiasts. They plan to create a platform, AgoraDEX, that merges the gaming experience, the exchange of digital objects (NFT) and financial rewards, without leaving the world of gaming.
Agora tackles the major challenges facing the GameFi industry: the complexity of cryptographic technologies, high transaction costs and the lack of unified solutions for investors and players. AgoraDEX, operating on several blockchain networks, rewards users with its own cryptocurrency, AGA.
In addition to decentralised trading, Agora is introducing a digital wallet enabling players to collect and trade items directly from their game interface. "Lootboxes", mystery boxes containing tokens and NFTs from selected gaming projects, give users the opportunity to get involved in promising projects from the outset.
AgoraDEX is positioning itself as a gateway to the future of online gaming, offering innovative solutions to link video games, NFTs and cryptocurrencies. Their aim is to make the gaming experience more fluid, cost-effective and lucrative for all participants.
Register for free to the Summit Research newsletter
and receive our weekly newsletter every Saturday at 10 am (CET).
We make the world of blockchain and cryptocurrencies accessible by building a transparent and understandable ecosystem together.