NIFTY DeFi Protocol

NIFTY DeFi Protocol

Created using Figma
Created using Figma
Rewarding Excellence Token
Be the voice of quality. Be rewarded for your discernment
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  • Uniswap (v3)
    0X3085154623F51B00DEDFC6CEEB5197277A66B17B/0XC02AAA39B223FE8D0A0E5C4F27EAD9083C756CC2 bir ay önce
    $ 0.1869
    $ 1.931 K
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    0X3085154623F51B00DEDFC6CEEB5197277A66B17B/USDT % count% ay önce
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    0X3085154623F51B00DEDFC6CEEB5197277A66B17B/ETH % count% ay önce
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    $ 12.635 K
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hakkında NIFTY DeFi Protocol

What Is NIFTY DeFi Protocol (NFTY)?

The NIFTY Protocol creates a reputation layer for NFT auctions by employing gamified staking and "farming" activities to crowdsource reputation data.

NFTY is the utility token behind this protocol. . When staked, it is used to:

  • Increase a staker’s social rank, unlocking access to exclusive events and NFT auctions
  • Endorse/advocate for NFT auctions to increase their visibility and likely sales price
  • Increase the total NFTY supply through staking rewards

The endorsement/advocacy process uses economic incentives and rewards funded from 7.5% of the final payout of auctions using the protocol. The reward is distributed to the pool of “endorsers” or “advocates” in proportion to each token holder's respective endorsement allocation amount, in NFTY tokens, to an auction.

How Many NFTY Tokens Are in Circulation?

NFTY launched on September 20, 2021 with 5 million tokens. There is no maximum supply, but new tokens can only be minted through staking. The number of tokens staked and the length of a wallet’s staking streak determine the number of NFTY tokens minted once they are claimed by the staker.

Stakers must use their NFTY to endorse auctions if they want to claim their reward. The advocacy process does not spend or burn any existing NFTY tokens, but locks them to prevent unstaking until the endorsed auction closes.

Who Are the NIFTY DeFi Protocol’s Founders?

NFTY is the product of a team with highly diverse backgrounds. Chris and Clinton Mills are renowned video game developers with multiple Webby awards under their belt, while their father Ed Mills is an experienced Hollywood talent agent with a strong finger on the pulse of what the creative community needs to see before they’re willing to enter the NFT space en masse.

Jean-Philippe Beaudet is an experienced token builder and early blockchain entrepreneur recognized as one of the top 50 Canadians in crypto. Alyze Sam is a renowned speaker, author, and blockchain strategist who runs marketing campaigns for many successful token launches. Steve Wood is an impact-diven serial entrepreneur and data scientist responsible for multiple US laws, mobile app launches, and humanitarian campaigns across the world.

Rounding out the team is AI and privacy expert Evelyne Chevry, onboarding and project manager Chrissy Cook, head writer and content creator Adam Alonzi, advisor and billion-dollar social project entrepreneur Jake Collins, and an ever growing support team across the globe.

This team came together over the course of 2021 to address the problems of reputation and access for NFT artists and collectors after countless conversations revealed the many systemic gaps holding back the most talented from stepping into the arena.

What Makes NFTY Unique?

NFTY rewards excellence in the NFT space through unprecedented gamified DeFi mechanisms.

Stakers are presented with the challenge of finding the best strategies to “endorse” auctions based on their ability to close the sale, potential payout, quality of the NFT, and the number of other advocates currently endorsing the auction. Successful strategies result in greater payouts called “farming rewards.” The reward for each auction is 7.5% of the final sale value.

This reward is distributed proportionally to all advocates based on the proportion of NFTY tokens they allocated to endorse each auction. For example, if Person A allocates 10 NFTY to an auction and Person B allocates 20 NFTY to it, Person A gets 1/3 of the 7.5% advocacy reward. Allocated NFTY tokens are locked and cannot be unstaked until the auction is completed and the NFT is sold, at which point they are unlocked for reallocation or unstaking.

This paves the way for an array of possible strategies without incentivizing the endorsement of non-sellable, low-quality, fraudulent, or spammy content - doing so is economically unviable. The result is a filter and data analytics platform; users can determine the degree of desirability as well as the expected sale price of an NFT.

Altogether these mechanisms create a reputation layer akin to likes, upvotes, or favorites on social media platforms while using economic incentives to ensure quality is promoted. Scams, spammy, and low-quality NFTs are filtered out while top-quality auctions are signal boosted to potential buyers.

Where Can I Buy NFTY Tokens (NFTY)?

NFTY is currently available for trading on the DeFi automated market maker platform Uniswap with an Ethereum (ETH) pairing.

New to cryptocurrency? Read CoinMarketCap’s easy guide to buying Bitcoin or any other token.

Aktivite

İzleyiciler:
3 514
MEDIUM
Tweetler:
914
VERY HIGH
30 Gün Büyüme:
-48
Üyeler:
215
VERY LOW
30 Gün Büyüme:
-10
$ 0.0557
Crypto Stats
Daily, %:
Weekly, %:
-34.72%
Monthly, %:
-70.07%
Market Info
Market Cap:
Volume 24h:
$ 57.124 K
Circ. Supply:
Ticker:
0X3085154623F51B00DEDFC6CEEB5197277A66B17B
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  • Bu bilgi, ICO finansmanına yatırım konusunda bir öneri veya tavsiye değildir. Lütfen ilgili bilgileri iyice araştırın ve ICO katılımına karar verin.
  • Bu içerikte düzeltilmesi gereken sorunlar veya sorunlar olduğunu düşünüyorsanız veya listelenen kendi ICO projenizi göndermek istiyorsanız, lütfen bize e-posta gönderin. a>
Lütfen sorumluluk reddi beyanını ve risk uyarısını okuyun. Feragatnameyi göster ve risk uyarısı.
    

YASAL UYARI & amp; RİSK UYARI     

Bu teklif yalnızca teklif veren tarafından sağlanan bilgilere ve diğer kamuya açık bilgilere dayanmaktadır. Belirleyiciyi satma veya değiştirme olayı ICO hak sahibiyle tamamen ilgisizdir ve ICO sahibinin (teknik destek veya tanıtım da dahil olmak üzere) herhangi bir katkısı yoktur. ICO sahibinin ilişkisi bulunmayan kişilerden gelen simge satışları, müşterilerin yalnızca genel simge sektöründe gerçekleşen etkinliği takip etmelerinde yardımcı olmak için gösterilir. Bu bilgi, hangi konuda güvenmeniz gerektiğini tavsiye etmeye yönelik değildir. Sitemizdeki içerikler temelinde herhangi bir işlemi yapmadan veya bunlardan kaçınmadan önce mesleki veya uzman tavsiyesi edinmeniz veya kendi durumunuzu gerçekleştirmeniz gerekir. Katkıda bulunanlar tarafından Token'in satın alınmasıyla ilgili olarak girilen tüm şartlar ve koşullar, Token'in ihraççısı ile ICOholder arasındaki aralarında bulunduğu bu tür Kartların satıcısı değildir. ICOholder'ın herhangi bir Token satışı konusunda üçüncü şahıslar tarafından yapılan herhangi bir beyanattan hiçbir hukuki sorumluluğu bulunmamaktadır ve sözleşme ihlali iddiası, burada belirtilen Token yayınlayan şahısa karşı doğrudan yapılmalıdır.     

Bu simge satışının niteliği, uygunluğu veya yasallığı ile ilgili herhangi bir endişeniz varsa lütfen [email protected] ile iletişime geçin. endişelerinizle ilgili ayrıntılı bilgi.