Niftify Limited LLC, the inclusive non-fungible token (NFT) platform, has announced the initial offer to exchange its $ NIFT tokens with the ecosystem of Synapse Network cross-chain investment. Currently in the beta launch phase, the Niftify platform allows people to cash in, buy, sell and trade NFTs.
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In the Niftify ecosystem, NIFT tokens are native utility tokens for the protocol and are used to encourage actions throughout the system. NIFTs allow users to benefit from discounts when paying fees. Specifically, users only pay 2.5% fees instead of 5% when paying with other cryptocurrencies or fiat currencies. In addition, NIFT token balances are used to determine the level of access to special features, such as early and early access to new exclusive deposits, premium personalized profiles, and access to restricted areas. to members.
In anticipation of Niftify’s initial trade-in offering, Niftify will make two presales with Synapse Network. The first, Presale A, opens today, November 16, with 750,000 NIFT tokens for sale at $ 0.20 each. This represents 0.35% of Niftify’s offering. There is a hard cap of $ 150,000 and a limit of $ 500 per person with a linear daily vesting over 10 months. The second, Presale B, will take place on November 17 and 600,000 NIFT tokens will be offered at $ 0.25 each. These tokens represent 0.375% of Niftify’s supply, with a hard cap of $ 150,000 and a limit of $ 1,000 per person, and there will be a linear daily vesting over 8 months. These token sales are in addition to tokens issued under the SAFE / SAFT contracts and are subject to an issuance schedule.
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“We launched Niftify with the goal of creating the world’s first inclusive platform to create, buy, sell and trade NFTs, unlocking the true potential of the metaverse and more,” said Bruno Ver, co-founder and CEO of Niftify. Our initial exchange offer will allow us to grow faster and further in our mission to deliver on the promise of NFTs and unleash their true potential. ”
Niftify is a user-friendly platform that aims to make it easier for users to automate digital and physical redemptions. Unlike other platforms, creators are incentivized to monetize and sell their own NFTs to take advantage of the functionality of smart contracts, while having the opportunity to earn royalties on all future sales of their minted NFTs using the Royalty Protocol. Etherum. NFTs on Niftify also serve as proof of ownership and background tracking even for physical items and are also considered proof of authenticity for valuable digital and physical assets.
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