Aloha DeFi has become one of the first protocols on the platform to take the model of play-to-earn to the next level. They have done it by merging with the concept of learn-to-earn to provide participants with numerous opportunities for earning. In recent times, play-to-earn has turned into a pretty popular concept in the industry of gaming, with the re-emergence of technology of blockchain which would take traditional modes of gaming to the ultimate level.
However, with a whole horde of users joining in every single day, these platforms are pretty set for some major competition in the future if they can’t bring something new to the model itself.
DeFi Platforms Bringing More Opportunities For Users
Aloha DeFi previously began its journey as a platform of WiFi sharing- which was focused on providing one with several income opportunities. In practice, the platform also allowed most of their users to bring out more revenue for sharing bandwidth which was mobile. With all the potential for a decentralized financial institution, Aloha has been looking towards the financial institution to bring out more passive earning opportunities to its users.
The key to the DeFi for the ecosystem of Aloha lies in its NFTs. Most participants will be looking forward to a far newer set of Aloha NFTs which keep getting released every single season- with six seasons to date. Season releases also come up with an original theme of ‘Surf’s Up’ that would include all the six different characters. Since limited editions do exist in every single season, every NFT holds a certain level of rarity that would help with the development of the platform.
NFTs which are present in DeFi Platforms usually provide users with multiple opportunities to earn through raffles. Through the utilization of the method, any participant that holds around 5000 ALOHA in their wallets would be eligible for more money.