NFTY Network Announces IAO on ApeSwap
NFTY Network is proud to announce an exciting partnership with ApeSwap, one of the biggest decentralized exchanges on the Binance Smart Chain and Polygon.
In This Article:
- Singapore based NFTYNetwork is set to launch IAO on ApeSwap on September 29th, 2021.
- NFTYNetwork announces integration with NFTYConnect, the world’s first cross-chain Token management platform.
- NFTYNetwork aims to provide further interoperability across burgeoning Layer-One NFT ecosystems.
NFTY Network is proud to announce an exciting partnership with ApeSwap, one of the biggest decentralized exchanges on the Binance Smart Chain and Polygon. We’re thrilled about the collaboration with Apeswap due to the fantastic opportunities it brings our community.
Firstly, ApeSwap will be coming onboard as our official launchpad partner for our BSC Initial Dex Offering(IDO). This is huge! ApeSwap has processed $2bn in translation volume over the past 30 days and currently has $0.68 Billion in Total Value Locked. The platform provides many incredible features like Yield Farming, LP tokens staking, Banana staking pools, and vaults. The ApeSwap platform also powers the Initial Ape Offerings launchpad that counts successful projects like BiShares, HiFi Society, and Astronaut as past launches. We strongly believe we will have a successful launch with them too.
That’s not all. We will also be working with the ApeSwap Team on a number of mind-blowing co-marketing activities. ApeSwap has one of the largest communities in the DeFI space, and we can’t wait to champion the growth of both NFT and decentralized finance communities.
“Working with a world-class team like ApeSwap has been an absolute honour for us. The ApeSwap team has been responsive and top-tier in every way, demonstrating why they are a leader on BSC. We are thrilled to be introducing our community to one as lively and vibrant as theirs, and we hope that our collaboration will go far beyond the debut of NFTY” — Lawrence, NFTY Labs CEO.
We’re extremely excited about today’s announcement, and we look forward to the immense gains this collaboration will benefit our users and respective ecosystems.
NFTY Supply — The NFTY Utility Token is an ERC-20 utility token on the Ethereum mainnet with a total fixed supply of 1,456,240,353 NFTY. The NFTY token is natively supported in the Ethereum environment, but future plans could involve having the token hosted on other blockchain networks, and/or Ethereum Layer 2 scaling networks.
Token Distribution — Tokens are distributed in reaction to various events, starting with the launch of the NFTY platform and its continued progression. Tokens are emitted via an inflation mechanism to enable tokens to be in the hands of individuals who will use them the most.
ApeSwap is a Multi-Chain DEX, Automated Market Maker, Yield Farming, and Staking platform on Binance Smart Chain. The #1 AMM and yield farm for apes by apes.
About NFTY Labs
NFTY Labs is a foundation focusing on the growth of NFT ecosystems by building open-sourced, community-based tools that will unlock inherent utility and value within NFTs. NFTY Lab’s goal is to create new applications that offer new utilities for NFTs, and we aim to do this by utilizing a core feature of all NFTs: ownership.