Hi everyone, l’m here again today with another news specifically from the NFTs world. I discovered NFTs about six months ago after joining torum and since then I’ve been trying my best to be updated on news from the NFTs especially for those based on wax.
I’m very familiar with wax based NFTs and because of that I use atomichub and neftyblocks for my daily NFT purchases and sales. Not too long after I joined the NFT world (some five months ago), l discovered neftyblocks was about to launch their own token called NEFTY and there l started following the news about how their token is going to be launched.
What Is Even The NEFTY Token.
NEFTY is the native token for the second largest wax based NFT market place known as the neftyblocks. The NEFTY token was designed to empower artists, collections and collectors around the world to easily create, trade and manage NFT industry.
WAYS OF ACQUIRING THE NEFTY TOKEN.
As at now the NEFTY Token can be acquired in four ways before listing. First is through the community sale, second is through their airdrop program, third is mining the token and the last one is staking the NEFTY token. Community sale was done on 31st August and since it’s over l wouldn’t be talking much about that.
- CLAIMING THE NEFTY TOKEN AIRDROP.
This seems to be the easiest way users can acquire the NEFTY token before it’s finally listed. But there are conditions underlying the NEFTY token airdrop and these are stated below.
• For you to be eligible for the NEFTY airdrop, you must have an account with them before 29th June and should have purchased an NFT worth 1 wax or above before or on 29th June 2021. A snapshot was taken on 29th June 2021 and 1% of the total supply was allocated to the qualified accounts based on their purchased NFT before the snapshot.
But if you have an account on neftyblocks you can check your status via the link below, maybe you might have been qualified without knowing.
https://neftyblocks.com/nefty
- MINING AND STAKING NEFTY.
Mining the NEFTY token to me is the easiest way users can acquire NEFTY tokens. According to their whitepaper, collections and collectors that will be trading their NFTs on the neftyblocks marketplace will be automatically mining NEFTY tokens. This will soon start now that the community sale is over and users of the neftyblocks will start receiving NEFTY tokens when they purchase or sell NFTs. Users also staking the NEFTY tokens will boost their mining power and also still receive the promised A.P.Y by the neftyblocks.
NEFTY TOKENOMICS.
The total supply of the NEFTY is 100000000. Out of this 1% is allocated to the airdrop program, 25% to the team and investors, 4% to marketing and promotions, 15.56% to community sale and 54.44% to the liquidity mining pool.
If more information is still needed about the NEFTY token launch, please you can check out their whitepaper for all the information below. https://neftyblocks.com/whitepaper