- NEFTiPEDiA announced its initial coin offering (ICO) for its governance Token (NFT)
- The token will incentivize the community to run the entire ecosystem
After announcing the development of its community-driven NFT marketplace last month, NEFTiPEDiA announced its initial coin offering (ICO) for its governance Token (NFT). The token will incentivize the community to run the entire ecosystem.
NEFTiPEDiA describes itself as the world’s first decentralized and community-driven NFT marketplace built for an all-inclusive environment of people. This includes artists, creators, crypto traders, art collectors, art buyers, sellers, and art fans.
The next generation of decentralized NFTs marketplace said it is building the platform’s native token (NFT). According to NEFTiPEDiA, its native token (NFT) is available for public sale now.
As a result, CEO and Co-founder Natalia Saputra gave the details of their ICOs, which are a popular fundraising method used primarily to offer products and services. Natalia Saputra detailed the ICO as follows:
As of right now, investors can buy NEFTiPEDiA tokens (NFT) through the NEFTiPEDiA website. Clients must first sign up through the ICO panel on the main page. All funds raised through the sale of NFT tokens will go towards building the world’s first fully decentralized, community-driven NFT marketplace.
In addition, Natalia Saputra said that the token sale would end on July 31, 2021. Therefore, interested investors can buy NFT using cryptos such as Ether (ETH) and Bitcoin (BTC). Also, they can use the traditional method of payment which is credit cards and bank transfers to purchase NFT.
Moreover, the team noted that the total amount of tokens made will be 750 million NFT out of which 250 million are allocated for sale during the ICO.
“The purchase price is currently 0.0215 USD per NFT, which will be delivered to any Binance Smart Chain (BEP-20) compatible wallet of your choice (we personally recommend Trust Wallet) upon purchase,” the team added.
To make NTF tokens accessible for everyone, the NEFTiPEDiA team stated that they will list the token on the top crypto exchanges. Thus, NFT tokens will be available for users to buy, sell and trade.