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Over the last 24 hours, PolkaFoundry has made two significant announcements. The first was that they had reached a deal with NFTify to launch their IDO on the PolkaFoundry launchpad, and the second was that they had partnered with PinkNode.

The NFTify Press Release.

PolkaFoundry has confirmed a partnership with NFTify to host their IDO on the PolkaFoundry Red Kite launchpad. The IDO will be part of an NFTify-announced dual IDO that will take place on the PAID Ignition launchpad and the PolkaFoundry Red Kite Launchpad at the same time. The date and procedure for whitelisting will be revealed at a later time.

The announcement includes a $100,000 allocation for Red Kite and the NFTify token being advertised on Uniswap for a few hours after the IDO ends.

Consolidating Red Kite’s Role As A Cutting-Edge Launchpad

Red Kite has recently emerged as one of the most sought-after and cutting-edge launchpads for IDOs, focusing on increasing investor interest and entry. The NFTify IDO announcement solidifies the company’s role as the premier IDO launchpad.

With many high-profile projects in the works, Red Kite is still in high demand. Participants must own the $PKF token to join in the IDO. The announcement would also offer $PKF holders the opportunity to participate in the forthcoming IDO.

PinkNode’s Public Service Announcement

PolkaFoundry has announced an agreement with PinkNode to facilitate the optimization and implementation of PolkaFoundry’s node network applications.

Under the terms of their agreement, PolkaFoundry and PinkNode have committed to the following points.

“We are inspired by the vision of the Pinknode team to be the superhighway that connects projects in the fast-growing PolkaFoundry network. We’re experiencing a phenomenal level of proactivity from day one of our collaboration, and we are excited about future NaaS developments growing out of this partnership. We are eager to see the team’s efforts and the results in the coming months.”

Thi Truong, The CEO, and Co-Founder at PolkaFoundry commented 

Operational Improvements

The PolkaFoundry-PinkNode collaboration would make use of PinkNode’s dependable and high-throughput technology, streamlining the onboarding process and enabling projects to run seamlessly Polkadot network.

PinkNode’s Co-Founder made a statement about the collaboration.

“PolkaFoundry team has proven themselves to be a highly effective one, launching new features and products one after another, with the most recent being the state-of-the-art launchpad, Red Kite. We foresee that PolkaFoundry will continue to play a crucial role in Polkadot’s ecosystem. We are looking forward to collaborating with PolkaFoundry to create easy-to-use and scalable infrastructure solutions for their users and the ecosystem at large.” is a website dedicated to PolkaFoundry.

PolkaFoundry wants to be the go-to place for DeFi dApps. Developers will use the framework to play with DeFi and have real-world applications since it has all requisite functions, integrations, and resources.

PolkaFoundry integrates many DeFi-friendly services, thus leveraging Polkadot’s scalability and interoperability. It also has features that make dApps simple to use, allowing them to enter the mainstream.

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