ANALYSIS OF CAIFU NFT DEFI - A LEAVERAGE FOR ARTISTS

in caifunft •  4 years ago 

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A PRESENTATION OF CAIFU

There are some prevalent Defi issues the Caifu platform aims at providing solutions to resolve. Such as low convenient lending for nft artists, realization of staking, Liquidity of the crypto market, low cross chain utilization of nft and poor monetization of nft game products.

Caifu has some unique features built on its platform which aims at elucidating the prevalent issues in the Defi system.

The platform is built on Binance Smart Chain which is highly reputed in the Defi system. It will help to ensure the safety and accuracy of the transactions on the platform and protect its value, growth and liquidity.

The Caifu platform is managed by a team of crypto enthusiasts with great years of experience in Defi and trading in cryptocurrencies.

FEATURES OF CAIFU

NFT lending

Caifu has an unprecedented Defi lending feature of allowing its users to use NFT tokens as collateral to borrow up to $1000 at a very cheap rate of 1.2%. No Defi platform has ever given this opportunity to its users. It will help the artists/participants to solve their emergency pressing needs and also promote the values of cryptocurrencies in the financial market.

Caifu Market

The Caifu marketplace allows easy and safe trading of non-fungible and fungible tokens. These tokens can also be staked to earn more rewards. Users are also allowed to engage on p2p swapping or lending/borrowing of tokens in the platform.

Centralised Gamify Defi

The Caifu platform is designed to be a great NFT protocol that will link-up artists globally in online gaming and other unique Defi products and services that will be gainful to the users.

Staking NFT Tokens

Caifu and NFT tokens can be staked in the Caifu marketplace by its owners. The placed tokens can be farmed to earn profits to its owners.

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CAIFU REWARDS

There are a series of programs designed by Caifu platform to compensate and encourage its participants such as referrals, trading, airdrop and other routine rewards as follows: These rewards will boost the activities and growth of the platform.

Raffle Draw

Investors who purchase up to 0.1BNB worth NFTC token in presale is given a ticket to participate in pre sale raffle draw. Caifu is offering a $5,000 in BNB to the participants in the NFTC presale.

Memorial rewards

Artists can design good memorial graphics about caifunft and post it in the Caifut Twitter page and stand a chance to win up to $250 in BNB.

Ambassador Reward

Caifu has a provision of 1BNB reward for ambassadors who promote the platform in various forms. Ambassadors are members who announce and share information about the project in various online platforms. This program comes in batches.

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TOKEN DISTRIBUTION

The management will supply 1,000,000,000,000 NFTC tokens to the community.

127,000,000 (12.7%) of this will be offered for presale. The pricing of this token will be designed to grow fast and also be stable.

Participants in the presale can sell only 20% of their tokens in a month.

ROADMAP

Caifu platform is established through the following sets of activities:

Q1 2021

Establishment of the project.

Q2 2021

Development of project products like crowdfunding, lending/borrowing, Launching of NFT marketplace and DEX and Smart contract auditing.

Q3 2021

Launching of other products like cross-chain integration, mobile App, Extended NFT vault, NFT liquidity AMM, Game development.

Q4 2021

Establishment of launchpad and incubation, Ecosystems development and improvement of system governance.

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Caution

The native token of Caifu will first be listed on Gate.io exchanges which has the biggest crypto users and will help to take the community to greater heights. Participants are warned to be cautious of fake tokens

The company has only one official website, and is currently not listed in any exchange.

Announcements will be made on the social channels the token is listed on exchanges and DEXs like Pancakeswap, Bakeryswap or Julswap.

MORE INFORMATION :
Website: https://caifunft.com/
Twitter: https://twitter.com/nftc_defi
Telegram Channel: https://t.me/caifuann
Telegram Group: https://t.me/caifunft
Blog: https://leofinance.io/@caifu

WRITER INFORMATION :
BITCOINTALK USERNAME : Obigidon
BITCOINTALK FORUM URL : https://bitcointalk.org/index.php?action=profile;u=2968567
PROVE OF REGISTERATION : https://bitcointalk.org/index.php?topic=5339096.msg57092555#msg57092555

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