The most active NFT traders on OpenSea will get a new year airdrop from NAFFITI, the first DAO-governed gasless NFT marketplace controlled by the people for the people. NFT Investment and Venture Limited’s NAFFITI team will launch its own NFT DAO ($NAO) tokens in January 2022. All NFT inventors, holders, and traders on OpenSea will receive 50 percent of the total supply of $NAO. The amount of the token claim will be determined using the following formula:
- OpenSea has a large number of NFT transactions (ERC)
- OpenSea owns a certain number of NFTs.
- Total amount spent on NFTs in terms of gas
As NAFFITI enters a new phase of NFT adoption, the team wishes to return power to the creators and traders by building the most desired marketplace, which will be controlled by a fairly distributed DAO that will allow the most active users to vote on the platform’s important directional changes.
The two token ecosystems, as well as $NAFF, will be critical in delivering the essential utility and incentives while also returning power to those who make the NFT market operate.
All creators and traders who have traded NFTs and transacted on the OpenSea marketplace since day one will receive the $NAO airdrop. The total airdrop represents 50% of the total quantity of $NAO tokens, which is 100 trillion. As a result, users can prepare to make claims by linking wallets and sharing summaries.
Users will immediately benefit from high yield staking APY (earning $NAO) when they become a key $NAO holder, as well as the ability to vote on which intriguing confirmed IPs should be featured on the NAFFITI marketplace. Furthermore, NAFFITI has partnerships in the works to ensure that users don’t miss a beat, so get ready to join the NAFFITI family!
The Beta platform has already been constructed, and the essential aspects of the NAFFITI launchpad and marketplace will be decided by you.
The distribution of $NAO is as follows:
- 50% airdrop to OpenSea users
- 20% Staking Incentives
- 20% $NAO project initiatives
- 10% LP incentives
The 50 percent airdrop is determined by the number of NFT transactions on OpenSea – ERC (40 percent weight), the number of NFTs owned on OpenSea (40 percent weight), and gas fees incurred (20 percent weight).
NAFFITI NFT marketplace development receives a 20% allocation of $NAO (20 percent ). The launchpad’s core features, such as the multichain enabled NFT marketplace, platform sponsorships, project cooperation, and more, will be decided by $NAO holders. The community will have voting authority over which collections will be placed on the Naffiti launchpad and marketplace, with a roster of high-end exclusive IPs already guaranteed.
The 20% $NAO tokens will also be utilised to assist creators, entrepreneurs, and licenced owners in the creation of NFTs based on their original artwork. It will also be used to support community activities and initiatives organised by the DAO NFT.
Users have until June 30, 2022 to claim their tokens, after which any remaining tokens will be donated to the DAO treasury for community initiatives when they confirm their wallets during the whitelisting period.