Announcing the NFTify Dual IDO Launch on the PAID Ignition and PolkaFo | NFTify
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Announcing the NFTify Dual IDO Launch on the PAID Ignition and PolkaFoundry Red Kite Launchpads

Huy Phung
Huy Phung
Sat, 01 May 2021 09:44
NFTify IDO on Paid Ignition and Polkafoundry

We are super excited to announce that NFTify has reached agreements to do a dual launch Initial Dex Offering (IDO) on the PAID Ignition and PolkaFoundry Red Kite launchpads. The exact date and whitelist process are to be announced in an upcoming post.


PAID Ignition is one of the hottest launchpads owing to a vetting process for selecting high-quality, top-tier projects. The launchpad has recently given holders of the $PAID token the opportunity to invest in successful projects in the blockchain world like AIOZ and SHOPX. Among the dozens of projects that apply every day, Ignition decided to go with NFTify because of the huge potential for its NFT marketplace and the strong fundamentals of the project.


Red Kite by PolkaFoundry emerged recently as a state-of-the-art launchpad designed to improve investor access to and participation in IDOs. Already an in-demand launchpad, Red Kite has some high-profile projects in the pipeline. IDO participants need to hold the $PKF token.


The allocation for PAID Ignition is $140k and for Red Kite $100k. The IDOs for both launchpads will take place at the same time. The NFTify token will be listed on Uniswap a few hours following the completion of the IDO.


The NFTify team is grateful and overwhelmed by the huge support we have received from our community and partners since we launched our project. We are delighted to be able to give our supporters an opportunity to invest in the first e-commerce marketplace for NFTs through our IDO.

What is Ignition?

IGNITION, a PAID Network product, operates as a decentralized swapping protocol that allows blockchain-based token projects to conduct private and public auctions. The platform features Ethereum, Binance Smart Chain (BSC), and shortly, Polkadot functionality. Ignition is different from other auction platforms in that it properly vets and selects only top-tier cutting-edge projects. Its multi-level incentivization mechanisms for participants of published projects encourage HODLing that supports both the project founders and the community.

What is Red Kite?

Red Kite, part of the PolkaFoundry ecosystem, is a launchpad designed with unparalleled features to host hand-picked, fully-vetted projects. Capital raising efforts are supported by a network of tier-1 marketing partners, top influencers, and communities; a robust vetting process; and easier investor access at a lower price. Features include multi-chain support, parachain crowd loans, a lane-based swap system, and a smart reputation point system.

About NFTify

NFTify is a multi-chain platform that enables anyone to create their own fully functional NFT marketplace in just a few minutes, without coding or upfront cost required. The platform is one of — if not the first — platform to lower the bar for everyone to join the NFT space, and it comes with various first-on-the-market features to set itself apart from others, including:


  • Fully customizable: get access to a rich set of versatile tools & theme templates to design a store that speaks your brand
  • Payment in custom tokens
  • Built-in marketing tools: Google Analytics & Facebook Pixel integration
  • Multi-store collaborators

Go ahead & open your NFT stores via:

Be a part of the NFTify community on Telegram, Twitter, Youtube


Read more:

1. NFTify Announces Its Next Strategic Partnership With TribeOne

2. Whitelisting for NFTify Dual IDO Launch on PolkaFoundry Red Kite & PAID Ignition Launchpads

3. NFTify Morningstar Ventures Investor Spotlight | NFT Investing

4. Learn About NFTify and Unlock Rewards and Staking Opportunities on DAO Maker

5. NFTify Partners With Momentum6 for Marketing and Growth Accelerator Services

6. Announcing the NFTify Dual IDO Launch on the PAID Ignition and PolkaFoundry Red Kite Launchpads

7. NFTify Will Use the PolkaFoundry One-stop Production Hub for NFT and DeFi Applications on Polkado


create your own nft store with NFTify
Huy Phung
Content Creator
Huy Phung is a Content Creator at NFTify. When he's not online, he's a father and husband with little to no time on his hands.
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