Apidai Network is a decentralized finance (DeFi) platform. The network aims to offer various services like NFT marketplace, blockchain, dApps, metaverse, and more.

According to the whitepaper, the current blockchain architectures have problems such as scalability and extensibility. Therefore, a financial infrastructure is required that overcomes the issues and at the same time makes sure to maintain the integrity of financial transactions. Such a financial network must be open to everyone, allowing new organizations to join and provide financial access to the unserved. To achieve this, the Apidai network aims to become an alternative in which participants can ensure integrity and validity of transactions.

The network offers a mobile app called ApidaiPay, which allows users to store, stake, trade, spend crypto, and receive rewards of up to 40%. The application facilitates making contactless payments via phone or watches using NFC (near-field technology).

Apidai’s DeFi service allows users to earn passive income and supports various blockchains. The digital NFT Marketplace service facilitates minting, exploring, and trading exclusive digital assets. On getting an NFT, a unique and blockchain-generated Apidai can be minted and added to the user’s wallet. A total of 9,999 randomly generated Apidai are mintable.

While the platform’s metaverse service creates a virtual world, Averse, for instance, is a new game on the network that is wholly owned and operated by the players.

Further, another service the network offers is a yield optimizer platform (Apidai.Finance) that concentrates on offering DeFi users automated yields at empirical optimal intervals and pools transaction costs via battle-tested smart contract code and strategies.

The platform was launched in the third quarter of 2021, and the token sale began in the fourth quarter of 2021. The network has been established by volunteers worldwide.

The maximum supply of the token is 10,000,000,000.

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