NiftyPays is an NFT staking ecosystem that allows Nifty holders to earn rewards on their NFT’s to fully utilise this new Alternative Asset Class.
NFT’s went through their own hype cycle recently but they are here for the long term. Innovation in the NFT space is just getting started and NiftyPays is taking the industry to the next level. The NiftyPays ecosystem will provide services allowing NFT holders the ability to lend, borrow and engage in fractionalisation of NFTs. Basically, giving your NFT’s the power to pay you!
The $NIFTY token powers the ecosystem. The NiftyPay roadmap starts with the NFT staking farms and gradually builds out an ambitious ecosystem. This includes allowing holders to use NFT’s as collateral for a $DAI or $NIFTY token loan. Future opportunities also include fractional ownership of NFT’s as well as you being able to launch your own $NIFTY platform with an INO (Initial Nifty Offering).
Benefits for $NIFTY holders
The whole DeFi and NFT space is decentralising power and giving normal people unprecedented levels of control over their money, labor and lives. Launchpool do it for $LPOOL holders by ensuring a #Fairlaunch4all regardless of investment size and NiftyPay will do it for $NIFTY holders by empowering NFT creators and investors alike:
When you are earning APY on your staked NFTs, note that the system has an inbuilt compounding gamified framework. So the longer you stay in, the more benefits you compound. Users will also have the benefit of staking idle NFT’s safely and earning airdrops from the multiple NFT partner projects that get listed on NiftyPays. Everyone loves airdrops!
The Time is Now
Critics will say the NFT bubble has burst, however, a quick look at the data surrounding the NFT market shows huge interest and innovation happening exponentially. The time for building platforms where NFT holders and NFT artists can come together and build the foundations for a revolutionary market is now. The DeFi train is off and running, the wheels on the NFT train are only now being built!
Watch this nifty space for more information about the NiftyPay launch on Launchpool. All you need to do is stake your $LPOOL to get early access to the private sale $NIFTY launch.
NiftyPays is an innovative and revolutionary concept, deeply and strategically brainstormed to benefit the exponentially increasing holders of Nifties.
Launchpool ($LPOOL) is a Pre-IDO launchpad. $LPOOL token holders can stake their tokens to mine allocations in upcoming projects at private sale prices. Launchpool leverages communities, knowledge, expertise, contacts and capital to provide crypto projects with the best possible start to life, maximising their chances for success in this fast moving & dynamic space.