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Seedify NFT Space news
About Seedify NFT Space
SNFTS is a utility token created by Seedify, Incubator and Launchpad that will allow its holders to access the best NFTs in the space besides higher chances of getting into the NFT Launches promoted at the launchpad.
Some of the benefits of holding the token include:
-Fee discounts when $SNFTS are used (1% instead of 2%)
-Better RNG rates for the random NFT drop chances when making buy & sell transactions
-Funding the treasury for collaborations, marketing, NFT drops, and expansions
-Staking and farming for passive income
SNFTS Tokenomics:
-Total supply: 20 billion (where previously it was stated as 50 billion)
-SFUND snapshots and partnerdrops: 3 billion tokens — %15
-Liquidity: 500m tokens — %2.5 (half released initially, the other half released every month for 5 months)
-Staking and Farming incentives: 8 billion — %40 (linear monthly unlock for 120 months)
-Operations treasury: 4 billion — %20 (linear monthly unlock for 120 months)
-NFT treasury: 3 billion — %15 (linear monthly unlock for 120 months)
-Team incentives: 1.5 billion — %7.5 (unlock every 6 months for 120 months)
What is Seedify NFT Space?
Seedify NFT Space, represented by its utility token, plays a pivotal role in the ecosystem of digital collectibles and assets. This token is a cornerstone of Seedify's offerings, which include an incubator and launchpad designed to support and promote new projects within the blockchain space. Holders of this token gain access to a curated selection of NFTs, enjoying several advantages aimed at enhancing their experience and engagement within the market.
One of the primary benefits for token holders is the opportunity to obtain fee discounts. This makes transactions more cost-effective, encouraging active participation in buying and selling activities. Additionally, the token improves holders' chances of receiving NFTs through randomized drops, a feature that adds an element of excitement and potential value to their investment.
The token also serves as a funding mechanism for various initiatives, including collaborations, marketing efforts, NFT drops, and the platform's expansion. This ensures a continuous enhancement of the ecosystem, benefiting all stakeholders involved.
For those interested in passive income, the platform offers staking and farming opportunities. These features allow token holders to earn rewards by locking in their tokens, contributing to the liquidity and stability of the token's market.
The tokenomics of Seedify NFT Space reveal a well-thought-out distribution strategy aimed at sustaining the platform's growth and utility. With a total supply adjusted to 20 billion tokens, the allocation includes significant portions for staking and farming incentives, operations treasury, NFT treasury, and team incentives. This distribution ensures that the platform can continue to innovate and reward its community over an extended period.
In conclusion, Seedify NFT Space offers a comprehensive suite of benefits and opportunities for those interested in the NFT market. By holding the token, users not only gain access to exclusive digital assets but also contribute to and benefit from the growth of the ecosystem. As with any investment in the crypto space, it's important to conduct thorough research and consider the long-term potential and risks involved.
How is Seedify NFT Space secured?
The security of the Seedify NFT Space incorporates multiple layers to ensure the safety and integrity of user assets and data. At the foundational level, it employs a 25-word mnemonic seed, a common and highly secure method for generating and recovering blockchain wallets. This seed, combined with a strong passphrase, forms a robust security measure against unauthorized access. Additionally, for scenarios where users might lose access to their wallets, recovery codes are provided, offering a backup method to regain control over their assets.
Beyond these personal security measures, the platform emphasizes broader security strategies, including staking mechanisms. Staking not only incentivizes participation within the ecosystem but also adds an extra layer of security by decentralizing the validation process of transactions. This decentralization makes it significantly more challenging for malicious actors to compromise the network.
The utility token associated with Seedify, SNFTS, plays a crucial role in the ecosystem, offering holders various benefits that enhance their interaction with the platform. These benefits range from fee discounts on transactions to improved chances of receiving NFT drops. Such incentives not only encourage active participation but also contribute to the platform's security by fostering a more engaged and vigilant community.
Furthermore, the tokenomics of SNFTS are designed with a long-term vision in mind, allocating a significant portion of the total supply towards staking and farming incentives. This long-term distribution strategy supports a sustainable and secure growth of the platform by ensuring that tokens are released into the market gradually, thus preventing market manipulation and ensuring the stability of the token's value over time.
In conclusion, the security of the Seedify NFT Space is a multifaceted approach that combines individual security measures with broader network and ecosystem strategies. Through the use of mnemonic seeds, passphrases, recovery codes, staking, and a carefully planned token distribution model, Seedify aims to provide a secure and stable environment for its users to engage with NFTs.
How will Seedify NFT Space be used?
The Seedify NFT Space is designed as a comprehensive ecosystem catering to various aspects of the NFT and blockchain world. It serves as a multifunctional platform where users can engage in a range of activities centered around non-fungible tokens (NFTs), yield farming, and marketplace functionalities. This space is particularly geared towards artists and creators, providing them with a venue to showcase and sell their NFT creations. Additionally, it incorporates innovative features such as an NFT launchpad for fundraising, an NFT lottery, and gamification elements to enhance user engagement and interaction within the platform.
Expanding beyond the realm of art and collectibles, the Seedify NFT Space is also poised to play a significant role in the gaming and metaverse sectors. It offers a fertile ground for gaming enthusiasts and metaverse explorers to engage with gaming-related NFTs and utility assets, which can be used within virtual worlds or as part of interactive gaming experiences. The platform supports staking and investing in NFT projects, thereby opening up avenues for users to potentially earn passive income or become part of emerging NFT ventures.
Holders of the SNFTS token, the utility token created by Seedify, stand to gain several benefits within this ecosystem. These include fee discounts on transactions, improved rates for random NFT drops, and access to exclusive launches. The tokenomics of SNFTS indicate a well-thought-out distribution strategy aimed at supporting the platform's growth and sustainability. This includes allocations for liquidity, staking and farming incentives, an operations treasury, an NFT treasury, and team incentives, ensuring a balanced approach to development and expansion.
In conclusion, the Seedify NFT Space is positioned as a dynamic and versatile platform that bridges the gap between NFT creators, collectors, gamers, and metaverse participants. It offers a rich array of features and benefits, making it an attractive hub for those looking to dive deeper into the NFT space. As with any investment in the crypto or NFT space, it's crucial for individuals to conduct thorough research and consider their financial situation before participating.
What key events have there been for Seedify NFT Space?
Seedify NFT Space has experienced several pivotal moments that have significantly shaped its trajectory and community engagement. Among these, the launch of the Creator Journey program stands out as a foundational step towards fostering a supportive environment for creators within the blockchain space. This initiative aims to streamline the process for creators to bring their projects to life, ensuring they have the necessary tools and guidance to navigate the complexities of the blockchain ecosystem.
The growth of the Web3 community around Seedify NFT Space marks another crucial development. As the community expands, it brings together a diverse group of enthusiasts, developers, and creators, all contributing to a vibrant ecosystem. This community-driven approach not only enhances the platform's dynamism but also encourages collaboration and innovation, paving the way for new possibilities within the NFT and blockchain domains.
Partnerships with other NFT gaming platforms have also been instrumental in broadening the reach and capabilities of Seedify NFT Space. These collaborations allow for the integration of various gaming experiences and NFT functionalities, offering users a richer and more diverse ecosystem. Through these partnerships, Seedify NFT Space leverages the strengths of different platforms to enhance its offerings, making it a more attractive destination for users seeking unique NFT and gaming experiences.
In addition to these events, the tokenomics of SNFTS provide a structured approach to utility, incentives, and growth within the ecosystem. With a total supply adjustment and allocations for staking, farming, and operations, the tokenomics are designed to support the platform's sustainability and expansion. These measures not only benefit token holders through potential rewards and fee discounts but also contribute to the overall health and development of the Seedify NFT Space ecosystem.
As the platform continues to evolve, it's essential for potential investors and participants to conduct thorough research and consider the dynamic nature of the crypto and NFT markets. The outlined events and strategies highlight Seedify NFT Space's commitment to innovation and community engagement, positioning it as a noteworthy player in the blockchain and NFT landscape.
Popular Tokens on the BNB Smart Chain (BEP20) Chain
The live Seedify NFT Space price today is $0.001845 USD with a 24-hour trading volume of $6,639.63 USD. We update our SNFTS to USD price in real-time. Seedify NFT Space is down 2.07% in the last 24 hours. The current CoinMarketCap ranking is #4787, with a live market cap of not available. The circulating supply is not available and a max. supply of 20,000,000,000 SNFTS coins.
If you would like to know where to buy Seedify NFT Space at the current rate, the top cryptocurrency exchange for trading in Seedify NFT Space stock is currently PancakeSwap v2 (BSC). You can find others listed on our crypto exchanges page.