A new token challenges the bear market

On August 31, 2022, Seedify, one of the largest launch pads in the cryptocurrency industry, launched $SNFTS, Seedify’s NFT marketplace token.

The Seedify Story

Seedify is one of the leading launch platforms and incubators for the crypto industry. They enable innovators and developers to access funding, build communities and partnerships, and build a comprehensive support network to deliver first-order blockchain games, NFTs, and metaverses to the community through events called IGO (First gaming offering) and INO (Initial NFT Offering). These events attract crypto investors due to the high ROI potential these tokens and NFTs promise.

Seedify has launched over 50 IGO projects with proven success and has now entered the NFT space with an NFT launch pad and marketplace that will open up new investment opportunities for its community. In addition, Seedify will focus on two verticals, blockchain gaming and metaverse, each with utility-based NFTs necessary for sustainability and growth.

The first mention of $SRD, Seedify’s native token, turned out to be the best performing free token distribution of 2021 during the bull run. These initial airdrops averaged a profit of $18,000 in value and a market cap of $350 million at the market’s high point in 2021.

Despite the current downtrend, Seedify successfully relaunched its $SNFTS token via airdrop on August 31, 2022. The results of the airdrop are as follows:

  • At the time of writing, $SNFTS is hovering above 30x of its original price.
  • More than $6.5 million in liquidity locked on the $SRD/$SNFTS pair on Pancakeswap.
  • Over 1000 holders have chosen to edit or wager their $SNFTS, earning passive income. Most of them opted for the 180-day wagering pool, showing their confidence in the long-term performance of the token.
  • The market cap of $SRD exceeds $90 million, which is 10 times larger than the nearest game launch platform.

Staking and Farming Opportunities:

By cultivating agricultural rewards and high liquidity on the $SRD – $SNFTS pairs, Seedify’s goal is to achieve higher volumes for both currencies, anchor itself in the ecosystem, unlock shared utilities, and ensure mutual growth between tokens.

$SNFTS strike and farming pools were made available immediately after the airdrop. Once the holder has claimed their $SNFTS, they can wager 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 other benefits of $SNFTS, such as reduced fees and random NFT drops for those who trade on Seedify’s future NFT marketplace.

They are also eligible for whitelisting in Seedify’s upcoming exclusive Avatar NFT collection, which was recently announced.

$SNFTS Tokenomics:

  • Total supply: 20 billion
  • Initial Market Cap: 446,000
  • SNFTS List Price: $0.0004 BUSD
  • Circulating supply: 1.166 billion
  • Network: BSC
  • Swap: Pancake Swap
  • Acquisition Plan (before the airdrop): 25% at the TGE and 25% every month for three months

Seedify will continue to push the boundaries and expand its ecosystem to ensure it provides its community and holders with the best quality projects with the highest return rate. In order not to miss any news from Seedify, follow them on their website, Twitter and Telegram.

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Theia Patin

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