On August 31, 2022, Seedify, one of the biggest launchpads in the cryptocurrency industry, launched $SNFTS, Seedify’s NFT marketplace token.
The Seedify story
Seedify is one of the leading crypto industry launchpads and incubators. They empower innovators and project developers to access funding, build communities and partnerships, and build a comprehensive support network to help deliver blockchain games, NFTs, and metaverses from first order to its community through events called IGO (Initial Gaming offering) and INO (Initial NFT offering). These events attract crypto investors due to the high ROI potential that these tokens and NFTs promise.
Seedify has launched over 50 IGO projects with proven success and has now joined the NFT space with an NFT launchpad and marketplace that will bring new investment opportunities to its community. Additionally, Seedify will focus on two verticals, blockchain gaming and metaverse, each with utility-based NFTs, which are imperative for sustainability and growth.
The initial listing of $SFUND, Seedify’s native token, turned out to be the best performing free token distribution of 2021 during the bull run. These initial airdrops generated, on average, a gain of $18,000 in value and a market capitalization of $350 million at the all-time market high of 2021.
Once again, despite the current downtrend, Seedify successfully launched 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 initial price.
- Over $6.5 million in liquidity locked on the $SFUND/$SNFTS pair on Pancakeswap.
- Over 1000 holders have chosen to farm or stake their $SNFTS, earning passive income. Most of them chose the 180-day staking pool, showing their confidence in the long-term performance of the token.
- The market capitalization of $SFUND exceeds $90 million, which is 10 times larger than the nearest game launch platform.
Staking and farming possibilities:
By cultivating farming rewards and high liquidity on the $SFUND – $SNFTS pairs, Seedify’s goal is to achieve higher volumes for both currencies, anchor itself in the ecosystem, unlock utilities shared and ensure mutual growth between tokens.
$SNFTS staking and farming pools were made available immediately after the airdrop. Once the holder has claimed their $SNFTS, they can stake and farm and immediately start earning passive income. The staking 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 trading on Seedify’s future NFT marketplace.
They will also be eligible for whitelist spots in Seedify’s upcoming exclusive Avatar NFT collection, which was announced recently.
- Total supply: 20 billion
- Initial Market Cap: 446,000
- SNFTS listing price: $0.0004 BUSD
- Circulating supply: 1.166 billion
- Network: BSC
- Exchange: Pancake Swap
- Acquisition plan (for the airdrop): 25% at the TGE and 25% each month for three months
Seedify will continue to push the boundaries and expand its ecosystem to ensure it presents its community and holders with the best quality projects with the highest chance of return. To not miss any news from Seedify, follow them on their website, Twitter and Telegram.
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