What is vNFT?: Daily 1 Upvoting Support

in steem •  last year 

vNFT (Voting-NFT) is an NFT with voting utility that can receive daily upvoting support once a day from the @vnft account, which currently holds around 400,000 Steem Power. This NFT can be traded directly between holders or on the SteemSquad NFT market (https://squad.steempunks.xyz/collections/vnft).

Upon future liquidation, each vNFT holder has the right to claim a minimum of 182 STEEM. Assuming an estimated 15% voting (or interest) profit over a year, the NFT's estimated value can be calculated to be around 207 STEEM.

The upvoting support takes place after a holder snapshot is taken at 00:00 KST (Korean Standard Time) daily. Therefore, once purchased, upvoting support can be received from the next day onward. Even owning just one vNFT allows for upvoting support. (Holding approximately 168 vNFTs provides full upvoting support.)

vNFT consists of 12 animal characters, each having 12 different variations, resulting in a total of 144 unique characters. This adds to the enjoyment of collecting based on personal preferences.

  1. What is sNFT?: Monthly 1st Monday Reward Support

sNFT (Staking-NFT) is an NFT with utility that allows holders to receive passive income in the form of liquid STEEM once a month from the @snft account, which holds approximately 1,400,000 Steem Power. Similar to vNFT, sNFT can be traded directly between holders or on the SteemSquad NFT market (https://squad.steempunks.xyz/collections/snft).

Like vNFT, sNFT holders also have the right to claim a minimum of 182 STEEM each upon future liquidation. One significant feature of sNFT is that it benefits even inactive users who are not actively posting.

Every first week of the month, on Monday, liquid STEEM rewards are automatically deposited into the sNFT holders' accounts, providing them with a monthly "salary" of sorts. The first salary distribution for sNFT holders is scheduled for September 4th.

  1. Finding Your Preferred NFT:

The easiest way to find your preferred NFT is by visiting the following links:

vNFT Market: https://squad.steempunks.xyz/collections/vnft
sNFT Market: https://squad.steempunks.xyz/collections/snft
While purchasing directly from the sale listings is straightforward, the number of sellers might be limited. In such cases, you can click on the "BUY NOW" filter tab and change it to "ALL" to explore the available character NFTs and their owners.

Another good method is to leave a comment on a Steemian's post who possesses the character NFT you like, initiating a direct trade.

  1. NFT Quantity and Price (As of 2023-08-10):

Account `SP NFTs

@snft :1,400 , 172.825 7,676
@vnft : 399, 092.948 , 2,182 NFTs
Total: 1,799, 265.774 SP , 9,858 NFTs
Price per NFT: 1,799 ,265.774 / 9,858 = 182.518 STEEM

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!