Whitelisting for NFTify Dual IDO Launch Red Kite and PAID IGNITION | NFTify
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Whitelisting for NFTify Dual IDO Launch on PolkaFoundry Red Kite & PAID Ignition Launchpads

Dung Ho
Dung Ho
Fri, 28 May 2021 09:44
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4734
NFTify Dual IDO
Table of Contents
1.

PAID Ignition IDO Whitelisting

2.

Red Kite IDO Whitelisting

3.

How to join the NFTify IDO on Red Kite

4.

What is Ignition?

5.

What is Red Kite?

6.

About NFTify

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.

 

The IDOs for both launchpads will take place at the same time.

 

PAID Ignition IDO Whitelisting

1. Ignition IDO Schedule

Here are the important dates to note for participation:

  • Whitelist Start: 11 AM UTC, Wednesday, May 26, 2021
  • Whitelist Close: 4 AM UTC, Saturday, May 29, 2021
  • Winner announcement: Tuesday, June 1, 2021
  • IDO Date & Time on Ignition: 11 AM UTC, Friday, June 4, 2021
  • Vesting Period: Tokens 100% Redeemable on Ignition.

2. Ignition IDO Details

  • Total allocation: $140,000
  • Price per token: $0.08 per $N1 (NFTify’s native token)
  • Accepted currency: ETH
  • Restricted countries: Check HERE
  • Token allocation based on tiers.

*For applications to be considered valid, they must adhere to the PAID whitelist lottery rules, pass PAID Ignition’s KYC process, and adhere to each project’s specific KYC requirements and country restrictions, which vary per project on a case-by-case basis. For a list of NFTify specific restricted KYC countries, check HERE.

 

Red Kite IDO Whitelisting

1. NFTify IDO Schedule

Here are the important dates to note for participation:

  • Whitelist Start: 2 PM UTC, Wednesday, May 26, 2021
  • Whitelist Close: 2 PM UTC, Monday, May 31, 2021
  • Winner announcement: Tuesday, June 1, 2021
  • IDO Date & Time on Red Kite: 7 AM UTC, Friday, June 4, 2021
  • Vesting Period: Tokens 100% Redeemable on Red Kite.

2. NFTify IDO Details

  • Total allocation: $100,000
  • Price per token: $0.08 per $N1 (NFTify’s native token)
  • Accepted currency: ETH
  • Restricted countries: United States of America, China, Hong Kong, and all sanctioned OFAC countries (DR Congo, Iran, Myanmar, Sudan, Iraq, Ivory Coast, North Korea, Syria, Zimbabwe, Cuba, Belarus, Liberia)
  • Token allocation based on tiers.

How to join the NFTify IDO on Red Kite

To be eligible for NFTify Red Kite public offering, please complete the following steps:

Step 1. Follow NFTify’s and PolkaFoundry’s social channels below:

NOTE: Users who belong to Eagle and Phoenix tiers are not required to do the above steps. However, we recommend following our official Twitter and Telegram groups to stay up-to-date with important announcements.

 

Step 2. Register an account on the Red Kite website;

Read and follow Red Kite’s Guideline HERE.

 

Step 3. Complete the Red Kite’s KYC on Blockpass HERE.

 

Step 4. Staking PKF or PKF/ETH LP to claim your tier.

Click HERE to know more about the requirements and benefits of each Red Kite tier.

 

Step 5. Join the NFTify Pool, then fill in the NFTify Whitelist Registration form (only appears for those who passed the KYC process) and follow all requirements.

 

The NFTify token will be listed on Uniswap a few hours following the completion of the IDO.

The NFTify team is grateful for 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 which supports both the project founders and the community.

 

What is Red Kite?

Red Kite, part of the PolkaFoundry ecosystem, is a launchpad designed with distinctive 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 an intelligent 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: http://nftify.network/
Be a part of the NFTify community on Telegram, Twitter, Youtube

 

create your own nft store with NFTify
Category:
Announcements
Dung Ho
Dung Ho
Content Creator
Dung Ho is a Content Creator at NFTify. She likes running, going on long walks and have a small coffee addiction
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