Snapshot:
SuperFarm is a cross-chain decentralized finance protocol built to facilitate the launching of new non-fungible tokens or NFTs without the need for programming. SuperFarm is a marketplace in the making itself and provides an innovative set of tools to digital creators or collectors for their projects to deploy a farm with its own rules.
SuperFarm is designed to bring utility to any token by turning it into an NFT farm with no coding required. The platform provides NFT farming as an open, accessible practice by letting its users quickly open up their own farms, purchase NFTs with points they generate by farming, and create their own unique NFTs. This helps break down the technical challenges that typically come with digital collectibles. SuperFarm’s utility token, SUPER is used for governance, fees, staking, and NFT drops. The SuperFarm platform was launched on 31 March 2021, with NFT Drops and the NFT Launchpad.
SuperFarm was co-founded by Elliot Wainman. Wainman, also the CEO of SuperFarm, is also an American influencer and crypto blogger.
The private funding round for SUPER was led by Bitcoin.com, Spark Digital Capital, GBV Capital, Solidity Ventures and Animoca Brands, allowing SuperFarm to secure $1.1 million in funding.
SuperFarm provides a platform that lets creators introduce their tokens and also sell them through a custom marketplace. The NFT collectors and fans will not only be able to buy NFTs, but they will also be able to trade them and farm them.
The platform is providing the creators and projects a way to connect with the audience without the hiccups of technicalities. The NFT collectors are not only getting an open platform to make their artworks available but are also garnering an additional potential revenue stream by dropping their own line of NFTs on a custom marketplace. End-users will also be able to stake project tokens from a range of cross-chain platforms to “farm” NFTs.
The platform released its first NFT drop; five designs from its Genesis Series Drop; on 21 March 2021.
The platform aims to initially target the gaming industry by allowing game developers to easily launch NFTs that have some usage within their video games. T0 name a few possibilities, these might include limited edition in-game items, unique experiences, pieces of gaming memorabilia and so on.
The NFT space has been creating a lot of buzz in recent times. Thanks to the Metaverse experiments that are garnering huge success, the NFT space has gathered eyes from not only celebrities all around the world but also from fashion houses and sports moguls. SuperFarm, with its ability to negate technical dependability, has created a space for NFT collectors and creators to only enjoy a decentralized platform! The factors that make it unique are:
Use these three-step processes to buy your first SUPER using the CoinDCX crypto app
Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. In case you have any queries, write to [email protected].
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