Seedify Successfully Launches its NFT Token During Crypto Bear Market

[PRESS RELEASE – Please Read Disclaimer]

On 31st August 2022, Seedify, one of the biggest launchpads within 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 premier blockchain games, NFTs, and metaverses to its community through events called IGOs (Initial Gaming offering) and INOs (Initial NFTs offering). These events attract crypto investors due to the high ROI potential that these tokens and NFTs carry.

Seedify has launched over 50 IGO projects with a proven success history and has now entered the NFT space with an NFT launchpad and marketplace that will bring a new stream of investment opportunities to its community. In addition, Seedify will focus on two verticals, blockchain Gaming and Metaverse, each with utility-based NFTs, which are imperative for sustainability and growth.

When $SFUND, Seedify’s native token, was initially listed, it proved to be the best-performing free token distribution of 2021 during the bull run. These initial airdrops saw, on average, a gain of $18 000 in value and a $350 Million market cap at the 2021 market all-time high.

Once again, despite the current bear run, Seedify successfully launched their $SNFTS token via an airdrop on 31 August 2022. The results of the airdrop are as follows:

At the time of writing this article, $SNFTS is hovering above 30x from 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 have chosen the 180 days staking pool showing confidence in the long-term performance of the token.
$SFUND is above a $90 Million market cap, 10x above the closest gaming launchpad.

Staking and farming opportunities:

Through cultivating farming rewards and high liquidity on $SFUND – $SNFTS pairs, Seedify’s goals are to gain higher volumes for both coins, entrench themselves within the ecosystem, unlock shared utilities and ensure mutual growth between the tokens.

$SNFTS staking and farming pools were made available straight after the airdrop. Once the holder claimed their $SNFTS, they could 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 additional benefits of $SNFTS, such as fee reduction and random NFT drops for those trading in the upcoming Seedify NFT marketplace.

They will also be eligible for whitelist spots for Seedify’s upcoming and exclusive Avatar NFT collection, which has recently been announced.

$SNFTS Tokenomics:

Total Supply: 20 Billion
Initial MCap: 446,000
SNFTS Listing Price: $0.0004 BUSD
Circulating Supply: 1.166 Billion
Network: BSC
Exchange: Pancakeswap
Vesting plan (for the airdrop): 25% at TGE and 25% every month for three months

Seedify will continue to push the boundaries and expand its ecosystem to ensure they present the best quality projects with the highest opportunities for return to its community and holders.

About Seedify:

Seedify is a Blockchain Gaming, NFT and Metaverse incubator and launchpad, empowering innovators and project developers with access to funding, community building, marketing and a high calibre partnership network, with a complete support system to help bring premier games, NFTs and Metaverse projects to our community.

The post Seedify Successfully Launches its NFT Token During Crypto Bear Market appeared first on CryptoPotato.

Related Posts

Coingecko Cofounder Talks About Investing in a Bear Market

Speaking At Token2049, Coingecko COO and co-founder Bobby Ong offered his thoughts on crypto’s future and how crypto adoption fared in 2021. Token2049, a forward-looking crypto conference…

Bitcoin price slips under $19K as official data confirms US recession

Politicians continue to argue about whether the U.S. economy is in recession, even as data highlights two consecutive quarters of negative growth. Meanwhile, BTC holds $19,000, for…

This altcoin exploded 120%, will it continue to rise in October? Analysts take

Terra Classic’s (LUNC) over 100 percent rally in September has forced analysts to look into how October could be for the cryptocurrency. The recent 1.2 percent burn…

Shiba Inu biggest position for Ethereum whales holding more than $139M – Will SHIB price explode?

Ethereum Whales double down on Shiba Inu buying despite the crypto winter encouraged by discounted prices and the Impressive growth of the Shiba Inu ecosystem driving up…

Hong Kong Protects Local Currency in Forex Market Amid Capital Flight to US Dollar

Following the Bank of England explaining that it would be meddling in U.K. bond markets and the Bank of Japan defending the yen in the foreign exchange…

Biggest Movers: SOL Moves Towards $35.00, XMR Extends Recent Gains

Solana rose for a second straight day on Thursday, as the token moved closer to its long-term resistance point of $35.00. Monero was also in the green…

Generated by Feedzy