# Executive Summary

INOFi is a platform that combines NFT marketplace and De-Fi based on blockchain technology. NFT Marketplace and DeFi have developed rapidly in the past time. But it was a barrier that had to go through a difficult process from the user's point of view and INOFi noted the disadvantages of these platforms. Also, the NFT Marketplace and DeFi markets are have their own large market scale. There are definitely limitations in each market. Thus, traditional coins (erc, xrp, matic, sol, etc.), NFT, and DeFi markets are in one economy three businesses need to be amalgamated to move on to the next generation. This is the beginning of the INOFi platform.​

First, constructing a new business on NFT itself is difficult. The start of the NFT can be viewed as the PFP model. The NFT market grew as the price was set by the rarity of PFPs, and then distributed to the market. (The rarity of PFPs is priced after that time, NFT market has grown as it has been distributed to the market.) But, with indiscriminate production of NFTs, there is a high possibility that PFP prices will also go down in markets that don't have exceptional business model.​

Second, DeFi is a collection of inflation. The decentralized platform generates interest by forming pools in various ways, But this is nothing more than a scarce financial product/ That is to say, it's going to be worth less to keep issuing tokens as interest reward. Eventually, the token economy without business and use it causes inflation and is expected to decline in token value.​

Third, the lack of user convenience. Token businesses such as NFT and DeFi operate on their own platforms. If you want to use it, you need to learn how to use it yourself. Unfortunately, most users need a lot of time to understand and utilize the definition, value, and circulation of tokens In the process, it is difficult to use a convenient platform from the first. The big problem is that the entry barrier to platform use is high due to the lack of user convenience.​
