NFTLaunch is a deflationary marketplace and a charity NFT launchpad. The platform aims to offer a common place for traders, creators, and businesses alike. The platform intends to change the conventional NFT marketplace and launches. For that, NFTLaunch seeks to launch zero-cost NFT airdrops, token burns, and much more. The platform also looks forward to creating invaluable partnerships with some of the top NFT artists in the space.
Today the NFT storm has taken over the crypto industry. Trade volumes for NFTs have witnessed a tremendous surge in recent years. At the same time, the initial DEX offering (IDO) space has also witnessed an exponential surge, and the number of new projects has exploded. An initial DEX offering, or IDO, is a decentralized and permissionless way of crowdfunding and fundraising in the cryptocurrency world. NFTLaunch aims to be the next step in the evolution, changing the NFT marketplace and how launches are conducted. NFTLaunch's new incubator program seeks to select and support the promising teams and projects, aiming to offer a marquee status across the ecosystem of the launchpad.
Talking about the platform's vision, NFTLaunch plans to change the NFT space by introducing top-tier IDOs & NDOs (NFT decentralized offerings) to the community. These IDOs can stretch from various categories, including NFTs, Metaverse, gaming, DeFi, and more. Availability of resources, knowledge, expertise, and experience aims to be displayed with fair launches of multiple IDOs on the launchpad of the platform.
Coming to the token, NFTL is the native token of the platform. The platform follows a three-tier model, i.e., the Starter, the Pro, and the Advance tiers. This three-tier approach aims to simplify the process for all traders to partake in IDOs. NFTL's three-tier approach also seeks to allow purchasing NFTs at the ground level before they are listed on exchanges. Holders at high tiers seek to get allocated higher pool weights for IDOs and more NFTs to mint. Moreover, token holders aim to get access to participate in exclusive low-mint NFT projects. Occasionally at times, random tier holders get additional NFTs airdropped. Tier holders need to stake NFTLaunch tokens to participate in NDOs or IDOs.