New This Week: Work Starts On NFT Farming iOS App

NFT farming will be a multi-platform experience.

You’ll be able to mint NFT farmers on several blockchains, including Ethereum, Polygon, Avalanche, and Fantom.

What’s more, you’ll be able to enjoy the experience on desktop and mobile. The team just kicked off development for an NFT farming iOS app, so within a few weeks, you could be generating crypto rewards in BTC, ETH, BNB, and more… 

All in your pocket. NFT farming promises a revolution in NFT utility, and farming crypto rewards on your iPhone will make it all the more exciting.

If you’ve forgotten what NFT farming is, here’s a quick recap.

What is NFT farming?

If you’ve heard of decentralised finance, you’ve probably heard of yield farming.

For those that haven’t, yield farming is a way to generate APY by adding your crypto to liquidity pools and validator nodes.

Yield farming is great because it gives you a way to grow a portfolio of digital assets with a set amount of liquidity. The problem is that most yield farming apps are tricky to use, and therein lies the challenge that NFT farming solves.

NFT farming is yield farming in its simplest form. You simply buy an NFT farmer to start generating crypto rewards.

Here’s how NFT farming works:

1. You buy an NFT farmer
2. The cost of the NFT goes into crypto liquidity pools
3. You get weekly crypto rewards straight in your wallet

So if you’ve ever read about yield farming and thought, ‘I’d like to try that’ (or if you’ve ever looked at NFTs and asked yourself, ‘Where’s the utility…?!’).

NFT farming is for you. NFT farming not only makes yield farming accessible to anyone with an internet connection. It adds the perfect utility to NFTs (not forgetting you also get to own a piece of genuine digital art).

Be first to know when NFT farming is live: follow Elitium on Twitter today.