Saturday, 1 May 2021

The Nftify Token


Introduction 

The NFTify team following the popular narrative on NFTs created NFTify. This is an interesting token  NFTify allows businesses to create their own NFT store without coding; helps NFT authors issue NFT easily and detect fake/similar content for copyright protection purposes; provides NFT collectors with a platform to transact at a much lower cost.
 
NFTify’s main features:
  • Based on Substrate
  • Copy write protection
  • Permission less shop creation
  • Cross Chain
  • Zero Coding
  • Low Fees  
What attracted me to NFTifyis that:
  • It does not require developers to join the chain, and therefore increases adaptation easy
  • Provides copy write protection, and therefore protects the users from copy theft
  • It is chain is permissiveness and has interoperability 
The use case of the project is solid, if you ask me. But do your own research before continue reading, by checking out the following links:
Please feel free to do your own research, using the link above.

Social Presence 

The has a good social presence with multiple AMA from the team members:
  • Twitter 1,441 Followers
  • Telegram 5442 members, 403 online
  • Facebook 24 people follow  
  • Youtube resources 1,934 views (of the most popular video)
In the social media the team is organizing frequent AMA and make sure they answer all the users questions. There is not Linkedin profile for the company, as it is a bit too early stage of the project.
 

Partners

Below we can see the Nftify partners:
 

 Note: Above we can see that there are some really interesting partners.

Platform

The whitepaper provided is more of a lightpaper, as it explains some rather basic concepts for the experienced crypto investor. Although again the narratives are very popular for the current bull market 
 
This is how the NFTiFY platform looks like:
 
Note:The platform is using AI to for copy write protection and makes use of the polkadot parachain. The narrative and the technology is good.

Roadmap

 The roadmap looks decent and reasonable. The roadmap of the project can be seen below:
 

Tokenomics 

Below we can see some of the tokenomics (token allocation) for the project: 
 


Below we can see some of the tokenomics (token release) for the project: 





 
References:

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