- Nafty has ended the pre-sale of its NAFTY token.
- NAFTY is available on PanCakesSwap for trading from July 1.
- Nafty is a governance token that charges a 4% fee on all transactions.
Nafty has announced that it has ended the pre-sale of its NAFTY token. Moreover, Nafty is a decentralized finance (DeFi) ecosystem for the $97 billion adult industry.
Over 400 public investors wrapped up all the NAFTY tokens present for pre-sale in less than 54 minutes on July 5, 2021. More so, the Nafty had allocated 3,000,000,000 NAFTY tokens of 1000 BNB for the pre-sale. This is notably 3% of the total token supply. Moreover, the investors have contributed more than $300,000 for the project’s success.
Binance-based blockchain token NAFTY is available on PanCakesSwap for trading from July 1, 2021, at 12 PM EDT. Moreover, investors could use the NAFTY token on platforms over the Nafty platform in order to pay for content and services. More so, Nafty launched four adult content platforms already. These platforms include aftyFans.com, NaftyPay.com, Nafty.tv, and NaftyArt.com.
In addition, the Nafty platform has collaborated with the well-known adult stars with the aim of making 18+ content available exclusively on its platforms. Nafty encourages adult content creators to be beneficial in earning more, and content consumers to pay less. This is done by removing the middlemen and slowly reducing the payment processing fees.
Moreover, the token holders will gain passive income through the transaction fees charged over the Nafty ecosystem. Evenmore, they could also utilize it for tipping the adult creators, buying NFTs, and paying for subscriptions to Nafty.tv.
Added to this, the token holders could also participate in the governance related matters to influence the roadmap of the Nafty platform, since NAFTY is a governance token.
Nafty CEO Rob Kemenyfi said,
“We are proud and excited to have developed an ecosystem of platforms, which, along with the NAFTY token, put the power and earning potential into the hands of the creators.”
In line with this, Nafty charges a 4% fee on all transactions. Moreover, it provides the transaction fee as rewards to the present token holders for their holdings. Along with this, another 4% fee is locked in the liquidity pool to minimize supply. Nafty uses the profits generated to buy back and burn the LP tokens to raise the token value. With this an addition 2% will be neglected from circulation in order to raise the token value for all holders.
All-in-all, Nafty is a decentralized NSFW ecosystem that enables content creators to use blockchain. As said above, it also removes the intermediaries, offers low-cost payment solutions, and marketing tools to support creators to develop a fanbase. However, NAFTY is the governance token across the ecosystem.