Country for PR: United States
Contributor: PR Newswire New York
Monday, November 15 2021 - 18:00
AsiaNet
All-Inclusive NFT Marketplace Niftify Announces Initial Exchange Offering of $NIFT Tokens with Synapse Network
MAJURO, Republic of the Marshall Islands, Nov. 15, 2021 /PRNewswire-AsiaNet/ --

- $NIFT Token Pre-Public Sales to Take Place November 16, 17 

Niftify ( 
https://c212.net/c/link/?t=0&l=en&o=3358225-1&h=1783507818&u=https%3A%2F%2Fwww.niftify.io%2F&a=Niftify 
) Limited LLC, the all-inclusive NFT platform, announced the initial exchange 
offering (IEO) of its $NIFT tokens with cross-chain investment ecosystem 
Synapse Network. Currently in beta launch, the Niftify platform allows people 
to mint, buy, sell and swap NFTs. 

Within the Niftify ecosystem, NIFT tokens are native utility tokens for the 
protocol and are used to incentivize actions across the system. NIFT allows 
users to receive discounts when paying fees. Specifically, users only pay 2.5% 
in fees instead of 5% when paying with other cryptocurrencies or fiat. 
Additionally, NIFT token balances are used to determine the level of access to 
special features, such as early access to new and exclusive drops, premium 
custom profiles, and access to "members-only" areas.

Leading up to Niftify's IEO, Niftify will complete two pre-public sales with 
Synapse Network. The first, Pre-Public A, is open today, November 16, with 
750,000 NIFT tokens for sale at $0.20 each. This accounts for 0.35% of 
Niftify's supply. There is a hard cap of $150,000 and a $500 limit per 
individual with linear daily vesting over 10 months. The second sale, 
Pre-Public B, will take place on November 17 with 600,000 NIFT tokens available 
at $0.25 each. Accounting for 0.375% of Niftify's supply, there is a hard cap 
of $150,000, a $1,000 limit per individual, and there will be linear daily 
vesting over 8 months. These token sales are in addition to tokens issued 
pursuant to SAFE/SAFT and subject to an emissions schedule from a prior 
pre-seed round in April 2021.

"We launched Niftify with the goal to create the world's first all-inclusive 
platform to create, buy, sell, and swap NFTs, unlocking the true potential of 
the metaverse and beyond," says Bruno Ver, co-founder and CEO of Niftify. "Our 
IEO will enable us to grow faster and go further in our mission to deliver on 
the promise of NFTs and unlock their true potential."

Niftify is a user-friendly platform aiming to facilitate users to automate 
digital and physical redemptions. Unlike other platforms, creators are 
incentivized to mint and sell their own NFTs to benefit from the functionality 
of smart contracts, and also offering them the opportunity to earn royalties of 
all future sales of their minted NFTs by using the Etherum royalty protocol . 
NFTs on Niftify are also used as proof of ownership and history tracking for 
even physical items, as well as proof of authenticity for valuable digital and 
physical assets. 

The sale is open to people around the world, with the exception of residents of 
USA, Canada, China, Iran, Libya, North Korea, Syria, Cuba, Afghanistan, and 
Crimea (as a part of Ukraine).

To learn more about Niftify, interested parties may visit niftify.io; media 
inquiries may be addressed to Niftify@FinnPartners.com. 

About Niftify

Niftify(TM) is on a mission to create a strong community of NFT enthusiasts: 
creators, collectors, traders, gamers, and enterprises wanting to buy, sell or 
trade NFTs. With an all-inclusive platform that allows people to create, buy, 
sell and swap NFTs, Niftify offers all the benefits of the blockchain, without 
the complexity of owning a wallet or transacting in crypto. Niftify aims to 
take NFTs out of their infancy and bring them to the real world by unlocking 
their true potential. 

Media Contact: Niftify@FinnPartners.com

W: https://www.niftify.io/ 

T: https://twitter.com/Niftify_io 

L: https://www.linkedin.com/company/niftify/ 

Disclosure: This announcement does not constitute an offer of securities for 
sale in the United States. Securities may not be offered or sold in the United 
States absent registration or an exemption from registration. Any public 
offering of securities to be made in the United States will be made by means of 
a prospectus that may be obtained from the issuer or the selling security 
holder and that will contain detailed information about the company and 
management, as well as financial statements.

SOURCE  Niftify