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.
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.
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.
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:
Go ahead & open your NFT stores via: https://nftify.network/
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