SolanaPrime will accelerate and host IDO for Soltype, a Marketplace for Literary NFTs
May 17, 2022 — SolanaPrime is pleased to announce that it will be accelerating and hosting an IDO for a new partner, Soltype. Soltype is reinventing the way authors distribute and monetize their written work while connecting with their fan base and likeminded communities.
Soltype is a game-changer platform that enables the creation, trading and consumption of literary NFTs where authors can reach new audiences, build strong brands and make a living from their writing. It will be one of the Accelerator projects to be incubated by the SolanaPrime team in Q2 2022.
Fans will be able to access all written content for free, support authors by buying, trading, or tipping the NFTs of their favourite works, and join the exclusive reading communities of the authors they tip.
Also, investors can earn some profits from re-selling literary NFTs, while authors keep receiving royalties on every sale.
Soltype’s innovative platform marks a revolution in the way authors publish, distribute, promote, and monetise their writings to directly connect them to their readers, investors, and fans.
SolanaPrime, a Solana-powered, fully decentralised IDO launchpad, is excited to be accelerating Soltype and sees huge potential in the project. Soltype will benefit from all stages of the incubation process. Thus, the project will receive feedback and guidance on their tokenomics, community building, integrations, partnerships and more.
“We’re pleased to be alongside Soltype in their aim to make blockchain technology more accessible and valuable to readers, authors, and investors alike. Accelerating the project will help them reach a wider audience, as well as make a stronger impact on the Solana ecosystem and its supporters.” — Ramiro Gamen, SolanaPrime Co-founder and Head of Business Development
Soltype chose the Solana chain to benefit both authors and readers with low transaction fees; unlike Ethereum, where creators are currently dealing with outrageous gas fees that have caused existing projects to lose user engagement.
The $STYPE Token will debut on the SolanaPrime launchpad. Token holders can stake their coins and accrue revenue gathered by Soltype’s 2.5% transaction fee cut. With this coin, readers can tip a written work & gain access to comments, highlight favourite phrases, connect with other fans, and open them to an immersive social reading experience.
“We’re excited to have partnered with SolanaPrime and be one of the first projects to be accelerated by their team. We value the expertise and network they bring to our project and are excited to launch the $STYPE token on the SolanaPrime launchpad. SolanaPrime definitely brings accelerating quality for all Token related matters and beyond.” — Paco Puylaert, Co-founder at Soltype
Soltype is a new way for writers to monetise their work and connect with their communities. Soltype is a game-changer for today’s literary industry, marred by gatekeeping and poor financial returns on written work. Soltype rolls each part of publishing and promotion into a straightforward platform that prioritises authors, readers and investors. Learn more at: https://www.soltype.io/
Follow Soltype’s social media channels to stay up to date with the latest news:
- Website — https://www.soltype.io/
- Twitter — https://twitter.com/SoltypeNFT
SolanaPrime is a Solana-powered, fully decentralised IDO launchpad platform. It serves as the primary market gateway for the next generation of DeFi, GameFi and Metaverse dApps to launch on the Solana ecosystem, either as direct token participation in the IDO or indirect exposure to SolanaPrime in its entirety.
Follow SolanaPrime’s social media channels to be at the forefront of the Solanaverse:
Telegram Official Community — https://t.me/SolanaPrimeOfficial
Telegram Announcements — https://t.me/SolanaPrimeAnnouncement
Discord — https://discord.gg/solanaprime
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