HyFi is an upcoming decentralized finances (DeFi) exchange marketplace utilizing blockchain technology. The DeFi principles are based on the creation of an innovative ecosystem of financial services, which is accessible to everyone without exception.
HyFi Token will be featured on HyFi Platform as the governance token, and to be used as a payment token for transaction fees on the Platform. HyFi ecosystem will be built on a combination of tokens to support its economy.
The HyFi economy is being established to advance and accelerate renewable energy, environmental, agrifood and other important markets and causes globally. While the economy will feature many elements it will emphasize the two following elements..
1. The trading of tokenized Renewable Energy Technology Licenses, Environmental Technology Licenses and related Projects via NFTs.
Non-Fungible Tokens “NFTs” will be created that will represent up to 100% ownership interest of a license to a particular geographic market (example: India) or a particular industry market vertical. There will be a subclass of tokens which represents an opportunity for many participants to have fractional ownership and participation in the unique one-of-a-kind exclusive license NFT. The NFTs will be tradeable on the platform once certain conditions have been met.
There will also be NFTs issued for qualified promising projects related to Renewable Energy, Waste to Energy, Agricultural and other approved projects.
2. The trading of the commodities with emphasis on Renewable Energy, Waste to Energy and Agrifoods via tokenized futures blockchain based smart contracts.
The trading of certain commodities (ie. Green Hydrogen Production) will occur in most cases without any physical delivery obligation, and with electronic settlement only. Traders will purchase tokens to participate. In some cases, commodities will be offered with a physical delivery option.
HyFi Token will be featured on HyFi Platform as the governance token, and to be used as a payment token for transaction fees on the Platform
HyFi Corp © 2021 All rights reserved