Following in Sovryn and Babelfish’s footsteps, we aim to leverage the Sovryn Origins platform to conduct a token sale for Niftify to bring an NFT marketplace and exchange to the Sovryn/Bitcoin DeFi ecosystem.
Niftify™ is launching an all-in-one platform to create, buy, sell, and swap NFTs. We take NFTs out of their infancy and bring them to the real world by unlocking their true potential in a world where everything digital or physical can be bought, sold, or traded as an NFT. A platform for proof of ownership and authenticity, with metadata for smart tracking. Niftify™ is a user-friendly NFT launchpad, marketplace, and exchange aiming to facilitate users to automate digital to physical redemptions.
With so much of the DeFi and NFT ecosystems focused around and built exclusively on Ethereum or Ethereum L2 chains, we applaud Sovryn in their mission to build out the DeFi ecosystem for Bitcoin/RSK, and aim to join them in their mission to expand the available product universe by bringing exclusive and authenticated NFTs from top artists, celebrities, and sports teams to the Bitcoin and Sovryn communities.
Niftify™ is bringing the first NFT marketplace powered by Bitcoin to Sovryn Origins. Upon a successful token sale, we will expand the offerings on Sovryn by enabling users to mint and sell NFTs on Niftify™. An exciting feature, coming in early 2022 is an NFT bridge, which will enable users to transfer NFTs from other chains to Sovryn/RSK and vice versa.
Niftify™ is on a mission to become a market leader by focusing on a simple user experience and strong community of NFT enthusiasts: creators, collectors, traders, gamers, and enterprises wanting to buy, sell, or trade NFTs. A platform with all the benefits of the blockchain and ready for mass adoption.
Niftify is fortunate to have a terrific team (which can be found publicly on the website - no anons to be found here!) and has grown extremely quickly. We are pleased to share that development of the initial V1 release is complete and currently concluding an audit, with a Beta launch scheduled for this Friday (Oct 15th) and the live V1 launch of the platform/marketplace scheduled for October 28th, 2021.
There are already a number of exclusive NFT drops lined up for launch and beyond, with a celebrity drop from Ice-T kicking things off November 1st. This will be the rapper’s first NFT release, and there are numerous other high-profile partnerships (ranging from DJs, athletes/sports teams, luxury car brands, music festivals, and more) lined up or in the works for future exclusive drops.
Beyond celebrity/high-profile drops, Niftify is an NFT platform built for everyone. Any artist will be able to easily create and mint their own NFT art, and we will work with top and upcoming artists from other platforms to attract the most creative and innovative to feature them on Niftify.
More details on completed milestones and the future roadmap can be found on the site.
NIFT token is the native utility token for the protocol and is used to incentivize actions across the platform. A token allocation is reserved to enable the incentive structure for early adopters, contributors, and liquidity providers. This will allow the system to overcome the bootstrapping challenge and also fund further development.
Token Sale Day 1:
NIFT price: $0.20
Tokens for sale: 6,750,000
Percent of supply: 3.38%
Vesting: Linear daily vesting over 10 months
Wallet limit: $2,500
Token Sale Day 2:
NIFT price: $0.30
Tokens for sale: 4,166,667
Percent of supply: 2.08%
Vesting: 50% at TGE, daily vesting for remainder over 10 months
Wallet limit: $2,500
Tokens for Sovryn: 2,000,000
Percent of supply: 1%
Pool to be created: NIFT/RBTC
Proposed public sale date: between 25th October and 1st November
Note: Due to legal reasons, our vision and focus on mass adoption and our goal to become a market leader, as well as the fact that we already started sorting documents that will allow us to operate within the U.S. market, all token sale participants will have to complete the KYC process, which can be found here. We also concluded to avoid listing NIFT on unregulated exchanges.
Bonus reward for token sale participants:
Every participant in the token sale will get one of the limited edition Sovryn <> Niftify NFTs in their wallet. The NFT will grant the owner early access to special drops or access to a premium user account.
- Contribute under $1k: early access to 1 special drop of the user’s choosing
- Contribute $1k - $2k: premium Nifitfy account for 1 year, enabling customized profiles and early access to the most sought-after NFTs from celebrities and high-profile artists
- Contribute $2 - $2.5k: lifetime premium account membership
Pitch Deck: https://niftifypitch.io/
Ice-T | Niftify Partnership: https://twitter.com/finallevel/status/1443964634696986630
Telegram Community - https://t.me/niftifycommunity
Telegram Announcements - Telegram: Contact @Niftify
Twitter - https://twitter.com/Niftify_io
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