tofuNFT and DEV Protocol starts a partnership for NFTs

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Dev Protocol — Accelerating Web3 with Clubs

4 min readJan 24, 2022

A new secondary market for sTokens — yield bearing NFTs — is born ! You can now freely trade sTokens on tofuNFT on both Polygon and Arbitrum.

We’re excited to announce the launching of a collaboration with tofuNFT, a multilingual and multi chain NFT market. This new connection improves benefits for supporters by enabling users to exchange supporter-certified NFTs (sTokens), which can be acquired by supporting creators through Dev Protocol, with “tofuNFT”.

About tofuNFT

tofuNFT is a multi-chain NFT Market (*1) specializing in BCG (Blockchain Games) and Collectibles, and it is designed to be an easy to use, fully featured decentralized marketplace for buying, selling and trading NFTs. SCV NFT Market, a predecessor of tofuNFT, operated only for the overseas market and its monthly transaction exceeded 1 billion yen within 3 months of its launch, resulting in the highest trading volume in the NFT market in BSC (*2). As of January 2022, tofuNFT has integrated more than 24 supported chains, 12 million monthly PV, 12 multilingual supports, and has gained access from 193 countries and regions. tofuNFT is deployed on multiple blockchains, including Polygon and Arbitrum.

(*1) Only NFTs of the proprietary contracts can be sold, and Mint is not available on the platform.

(*2)Reference: dappradar.com

Features of the partnership

Users can get sTokens as staking certificates when they support creators. Creators can customize their sTokens with their own images, music and videos to increase the demand for staking their projects. Individuals can easily trade their whole or part of their yield bearing staking position in the form of an NFT. This makes it easier for Patrons that don’t wish to go through all the staking process and just want to support their favorite Creator while receiving rewards.

What will be achieved through this partnership

Trading sTokens on tofuNFT for DEV tokens
Holding auctions for sTokens held on tofuNFT
Supporters can exchange their favorite sTokens with each other.
sTokens issued by Polygon and Arbitrum networks are supported.

How to trade sTokens on TofuNFT

There are two ways to trade sToken :

If you have a Supporter Certification NFT (you are already supporting creators), access https://tofunft.com/, connect your wallet, and you can easily sell your items from “My NFTs” page in the menu.

If you don’t have any supporter certification NFTs, access https://stakes.social/, connect your wallet, and request sTokens at the “Supporter List” by selecting projects you want to support.

How to use TofuNFT

First, connect your wallet to tofu NFT. If you don’t have an sToken in your wallet, just search for Dev Protocol in tofu’s search bar.

You can choose networks, in this case, the first one is Dev Protocol on Arbitrum and the second one is Dev Protocol on Polygon. Once you click on any of those, you will be able to see a list of sTokens being sold on that specific network; you will also be able to see a history of trades.

If anyone is offering sTokens there, you can check them and either buy at the price it is being sold or offer a bid for it, if the seller accepts it, it will automatically show up in your wallet.

Examples of a supporter proof NFTs (sTokens) on tofuNFT: https://tofunft.com/nft/arbi/0x40d999931f7055F670511860e24624939e71a96a/36

Future Developments

NFT has been the most socially implemented technology in the blockchain domain in 2021, and Dev Protocol keeps supporting the issuance of “Supporter Proof NFTs”. The experience of supporting creators and receiving exclusive NFTs in return has been highly appreciated by supporters, and the value of the “Supporter Proof NFTs” itself is expected to increase as the number of customized NFTs increases. In the future, Dev Protocol plans to develop “Perks” function that can provide various benefits such as sponsorship and membership in addition to the “Supporter Proof NFT” so that creators in need of assistance can attract more support.

Dev Protocol is the core of the Decentralized Creator Economy that supports sustainable revenue opportunity and global expansion with web3 technology. Tokenize your project with ‘Proof of Ownership’ and start your own economy easily with a powerful blockchain solution designed to help grow your projects.