2020 is the year where DeFi rose to prominence, and the prices of DeFi tokens have repeatedly hit new highs; the boom in the cryptocurrency sector has continued, and time and again we see different DeFi tokens “skyrocket to the moon”. The current total market value of the DeFi market has exceeded US$20 billion. With the popularity of DeFi, NFTs and DAOs have also become the focus of potential investors. When DeFi is ingeniously integrated with NFT and DAO, various innovations are born.

After more than half a year of preparation, NFT (non-fungible tokens) have undergone a revamp, and has successfully injected a wave of fresh blood into the crypto market. According to Google search trends, the search volume of NFT has soared by nearly 2400% since February this year. It appears that the search volume of NFT has begun to take the lead after catching up with DeFi. The golden combination of DeFi + NFT + DAO has ushered in one of the major market directions in 2021.

MIGO's pioneering model of "DeFi + NFT + DAO" blockchain model has constructed a truly decentralized digital financial ecosystem, thoroughly improved the social and economic aspect of blockchain technology, and redefined the meaning of blockchain. When it comes to DeFi, NFT, or DAO, all of them may have their own shortcomings. However, MIGO learns from the flaws of each and improve them to create a perfect blockchain application.

MIGO is a maze-like puzzle game based on the combination of DeFi, DAO and NFT. It forms an autonomous community with a collaborative approach of "governance through building", allowing users to mutually benefit and help each other to reap huge benefits.

With the design and concept of the maze, MIGO adheres to the philosophy of "all roads lead to Rome", so that every user can enjoy a different experience. Users can also enjoy activities akin to playing with Legos, yet also get to participate in a DeFi ecosystem. After the user completes their registration and KYC, the system will reward them with a black box prize. In each black box, three different levels of shovel and a mysterious NFT easter egg will be randomly given. Different levels of shovel will confer different benefits, while each easter egg will be unique thanks to its NFT features.

MIGO has united the concepts of DeFi and NFT, and will build its platform on the world's top blockchain project - HDAO. A leader in the blockchain industry, HDAO aims to establish an efficient, transparent and achievable complete DeFi ecosystem, and provide users with a complete decentralized financial infrastructure. With openness, fairness, and interconnectedness as its core values, HDAO provides services such as stablecoin generation, lending, decentralized wallets and asset management, and more services will be added as the future ecosystem continues to grow.

The MIGO platform will adopt a "tokenization" method of governance through the issuance of the platform’s native token MIGO. Major decisions between the platform, users and stakeholders are all determined by the platform's DAO, where members use MIGO tokens to vote and propose new initiatives. In the future, the platform will find a win-win way to share the benefits of the platform with MIGO token holders.

Currently, the scale of the current NFT market is still small; the total market value of the top 100 NFT tokens by market value is 7.789 billion U.S. dollars, and the market value of NFT tokens just exceeded 1 billion U.S. dollars six months ago. Overall, NFT currently only accounts for 0.4% of the entire crypto market. However, its growth potential cannot be underestimated. With its focus firmly towards the future, MIGO will continue to create a new chapter in the world of blockchain.