Seedify Successfully Launches NFT Token During Bear Market.
While many projects lost their way during the market downturn, Seedify saw success with the launch of $SNFTS.
Seedify Launches NFT Marketplace Token $SNFTS
On August 31, 2022, Seedify, one of the largest launch platforms in the crypto sector, released $SNFTS – the Seedify NFT Marketplace token.
Seedify is one of the crypto industry’s leading notable launchpads and incubators. They empower innovators and project developers through access to funding, community and partnership building, and a complete support system to help bring top-notch blockchain games, NFTs and metaverses to the community through events called IGOs (Initial Gaming offering) and INOs (Initial NFT’s offering) ). These events attract crypto investors due to the high return potential that these tokens and NFTs have.
Having launched over 50 IGO projects with a proven track record of success, Seedify has now entered the NFT space with an NFT launch platform and marketplace, bringing a new stream of investment opportunities to the community. In addition, Seedify will focus on two verticals – blockchain gaming and metaverse – each with utility-based NFTs, which are essential for sustainability and growth.
When $SFUND, Seedify’s native token, was first listed, it proved to be among the best performing free token distributions of 2021 during the bull run. These initial airdrops produced an average value increase of $18,000 and a market cap of $350 million at the 2021 market’s record high.
The numbers
Once again, despite the current bear run, Seedify launched its $SNFTS token via an airdrop on August 31, 2022. The results of the airdrop are as follows:
- At the time of writing this article, $SNFTS is hovering over 30x from its original price.
- Over $6.5 million in liquidity locked up on the $SFUND/$SNFTS pair on PancakeSwap.
- Over 1000+ holders have chosen to farm or stake their $SNFTS, earning passive income. Most of them have chosen 180 days stake pool, showing confidence in the long-term performance of the token.
- $SFUND is over a market cap of $90 million, 10 times that of the nearest gaming startup platform.
Staking and breeding possibilities
By cultivating farming rewards and high liquidity on the $SFUND – $SNFTS pairs, Seedify’s goal is to get higher volumes for both coins, entrench itself in the ecosystem, unlock shared tools and ensure mutual growth between tokens.
$SNFTS staking and farming pools were made available right after the airdrop. Once the holder claimed the $SNFTS, they could bet and farm and immediately start earning passive income. The betting pools are as follows:
- 14 days – 7% APY
- 30 days – 10% APY
- 60 days – 20% APY
- 90 days – 30% APY
- 180 days – 40% APY
Holders are also entitled to additional benefits of $SNFTS, such as fee reduction and random NFT drops for those trading on the upcoming Seedify NFT Marketplace.
They will also be eligible for whitelist slots for Seedify’s upcoming and exclusive Avatar NFT collection, which has been recently announced.
$SNFTS Tokenomics
- Total offer: 20 billion
- Initial MCap: 446,000
- SNFTS listing price: $0.0004 BUSD
- Circulating supply: 1.166 billion
- Network: BNB chain
- Swap: PancakeSwap
- Earning plan (for airdrop): 25% at TGE and 25% every month for three months
Seedify will continue to push the boundaries and expand its ecosystem to ensure that they present the best quality projects with the highest potential for return to the community and holders.
For more information about Seedify, visit the following links:
