Understanding vNFT and sNFT: A Comprehensive Guide

in nftcommunity •  4 months ago 

In the ever-evolving world of NFTs, vNFTs and sNFTs have emerged as unique assets with specific utilities and benefits. Here’s a detailed look into these fascinating NFT categories and how you can make the most of them.

  1. What is a vNFT?
    vNFT, short for Voting-NFT, is a specialized NFT that provides daily upvote support from the @vnft account, which holds approximately 400,000 STEEM Power. Each vNFT allows holders to receive one voting support daily, and these NFTs can be traded directly among holders or on the SteemSquad NFT Market.

Features and Benefits:

Daily Upvotes: Each vNFT holder gets one daily upvote, starting from the day after purchase.
Value: When liquidated, each vNFT can claim a minimum of 182 STEEM. Assuming an annual voting return of about 15%, the estimated value of each NFT is approximately 207 STEEM.
Diverse Collection: vNFTs feature 12 zodiac animal characters, each with 12 unique variations, totaling 144 different characters. This variety adds an exciting collectible aspect to owning these NFTs.
Explore vNFTs Here: vNFT Market

  1. What is an sNFT?
    sNFT, or Staking-NFT, is an NFT that provides passive income in the form of liquid STEEM rewards from the @snft account, which holds around 1,400,000 STEEM Power. sNFT holders receive monthly rewards without the need for active participation.

Features and Benefits:

Monthly Rewards: Holders receive a liquid STEEM reward on the first Monday of each month. The next reward date is September 4, 2024.
Value: Like vNFTs, sNFTs can claim a minimum of 182 STEEM upon liquidation. The key advantage of sNFTs is their ability to benefit inactive users who do not engage in content creation.
Easy Income: Enjoy a monthly “salary” of STEEM just for holding the NFT.
Explore sNFTs Here: sNFT Market

  1. How to Find Your Perfect NFT
    Finding the ideal vNFT or sNFT is easy with these tips:

Visit the Market: Browse the vNFT Market and sNFT Market to view available NFTs.
Filter Options: Use the filter tab to switch from "BUY NOW" to "ALL" to explore different characters and current owners.
Direct Purchase: If you find an NFT you like, you can contact the owner directly through comments on their Steemit posts for potential trades.

  1. Current NFT Inventory and Pricing (as of August 7, 2024)
    Account Details:

@snft: 1,438,650.245 STEEM Power, 7,676 NFTs
@vnft: 410,060.214 STEEM Power, 2,182 NFTs
Total: 1,848,710.458 STEEM Power, 9,858 NFTs
Current Average Price per NFT: 1,848,710.458 STEEM / 9,858 NFTs ≈ 187.53 STEEM

Discover the magic of vNFTs and sNFTs and make your next NFT acquisition a smart investment. Explore the vNFT Market and sNFT Market today!

#NFT #vNFT #sNFT #CryptoAssets #STEEM #Blockchain #DigitalCollectibles #InvestInNFTs #NFTMarket #PassiveIncome

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!