One key question we keep hearing: what cool things can I do with NFTs after I get them? While there are many answers to this, we see the ability to put an NFT to work and earn passive income as a compelling option. As such, today we are excited to announce a partnership with Charged Particles, an innovative project that enables users to transform their NFTs into yield earning assets.
How it works
Charged Particles layers unique DeFi interest-generating mechanisms onto the world of rare digital assets. The Charged Particles Protocol enables users to turn their NFTs into a programmable basket of other tokens — ERC-20 and even other ERC-721 (NFTs). Charged Particles has deep integrations with DeFi lending and borrowing protocols like Compound and Aave allowing users to earn interest on their tokens inside their favorite NFTs. Through this seamless integration, Charged Particles creates interest-bearing assets with a scarce NFT attached, creating an exciting new token mechanic that is truly innovative in the space.
Says Ben Lakoff, of Charged Particles:
“Charged Particles is NFT Agnostic, but our CryptoArt DApp is live already. The new token mechanic enabled by Charged Particles offers near infinite possibilities for creativity and we’re excited to experiment and push the limits with Blind Boxes”
Besides adding interest capabilities to your NFTs, users are able to program the principal amounts of deposits in their NFTs — Time Locking the amount inside for a certain period of time. Users can also fully configure the interest earned, this accumulated interest (“charge”) can be discharged to other addresses, belonging to charity, friends, or artists they want to support.
Charged Particles x Blind Boxes Collaboration
Branded Blind Box Collections
Users can shop from Charged Particle Blind Box Collections. Inside these pools will be Protons, Charged Particles’ existing interest yielding NFTs. As with all collection purchases, users also get BLES tokens when they purchase from this collection.
Charged Secondary Marketplace
Through a portal on our dApp, Blind Boxes users can dive directly into the Charged Particles ecosystem. Here they can bring new life to the NFTs they just unboxed on the Blind Boxes platform. For example, users can pool NFTs plus $BLES tokens into a charged bundle. They can hold this bundle or resell it on marketplaces.
Says Anita Angelica Moore, CEO Blind Boxes:
“For the BLES community, the ability to earn yield on the NFTs they retrieve from Blind Boxes is huge. This combined with the potential to charge BLES tokens themselves, will unlock layers of value for our community. NFTs as an asset class are evolving rapidly. We are elated to partner with forward-thinking projects like Charged Particles. ”
About Charged Particles
Charged Particles allows users to “Do more with their Non-Fungible Tokens (NFTs),” offering near-infinite flexibility and creativity within this growing space.
With Charged Particles, any NFT can be transformed into a basket containing other ERC-20 tokens, even other NFTs. The Principal amount can be time-locked inside the NFT, and through an integration with Aave’s aTokens, programmable yield from these DeFi yield-generating assets is just a few clicks away.
About Blind Boxes
Blind Boxes is a gamified curation platform and launchpad for NFTs (non-fungible tokens). This highly scalable dApp enables brands and creators to diversify their revenue streams, increase the liquidity of their creative assets, and to become leaders in decentralized global economies, while engaging fans and buyers to discover and collect rare, limited edition NFTs.
Via the Blind Boxes Marketplace, buyers experience the thrill of time-released curated NFT collections. Here collectors unlock sealed packages of exclusive items, curated by tastemakers across the arts, music, & entertainment. Curation is at the core of our value proposition. The platform offers a commission structure that incentivizes independent contributors to produce bespoke blind box collections that feature top-tier talent and emerging artists and designers from around the world.
For all recent announcements and updates, connect with us: