About Liquidifty Project, An Upcoming IDO on BSCPad, PAID Ingnition, A2Dao on June, 15th

In 2021, the NFT market reached a daily volume of $5 million. Non-fungible tokens have already touched significant industries globally, such as sports, art, and technology companies selling their NFTs daily. This is only the start; the NFT market is drawing a growing number of users. However, how can ordinary dealers and users gain from it?

Liquidifty is based on Binance Smart Chain, and provides different tools for NFT collectors. Users from other platforms (Ethereum, Polkadot, Flow) will have access to cross-chain NFT oracles, NFT collateralized loans, NFT vaults, and more. There are several different and unique NFTs. They might be made on a different blockchain. But Value is the thing that most NFT collaterals have in common. Liquidifty helps users in using this value. Integrates Binance Smart Chain, Polkadot, Ethereum, Flow.

What is the purpose of Liquidifty?

Loans under the NFT collateral

After a NFT collateral is purchased, you can use your NFT as collateral to get funds. Our trustable oracles will determine the NFT estimated price and lend to you in ETH. You may lend that money to other users and make an earning with it.

Cross-chain NFT oracles

Liquidifty is developing cross-chain oracles that will analyze prices for NFTs on different blockchains (Binance Smart Chain, Polkadot, Ethereum, Flow) and estimate the price of each NFT held by the users.

NFTs multi-ownership

As some NFT collateral might be expensive. With Liquidifty you will be able to cooperate with other users to share the purchase. In this case, you will have a multi-sign address with the NFT you bought and share profits with the co-owner.

Cross-chain NFT marketplace

Liquidifly provides a service that you will be able to buy/sell NFTs from any blockchain. The plan is to implement NFTs made on Ethereum, BSC, Flow.

NFT Vaults

The purpose of NFT vaults is to automate profitable NFT trading on many markets and exchanges, resulting in advantages for the users

$LQT Token

LQT is the governance and utility token with an elastic supply and deflation mechanism. It is public that there will be 50M tokens minted in Binance Smart Chain. LQT token will be listed on Pancakeswap at $1 per token. The IDO was initially planning to be held on May 25th. However, it is postponed till June 15th. For further updates on the IDO, you may check on PAID Network, BSCPAD, A2DAO websites.

Backers

It is announced that Liquidifty has a $3.5 million fundraising. Participants from BSCPAD, The Abood Capital, AU21 Capital, Master Ventures and others.

Main-Net Launch

The main-net v0.1 of Liquidifty was first launched on May 21, following up with an update v0.1.1 on May 28. You may try out it here: https://app.liquidifty.io (bear in mind that Liquidifty marketplace is based on Binance Smart Chain, you may need to connect your Metamask BSC network)

Come together with the launch, Liquidifty also announced a $100,000 prize pool competition for NFT artists. Top 15 winners will get $40k, $20k, $10k, $6k, $4k and $2k USDT (x 10 winners). The rewards will be paid in USD and LQT tokens. The competition is still live until June 10th. Follow the project’s Twitter for more information.

Achievements since the launch of the Mainnet

Conclusion

Liquidifty is a promising project. The team aims to build the most artist-friendly platform. Not Just for famous artists, everyone will be able to mint an NFT for any purpose.

Read more about the project, please visit.

Website: liquidifty.io

Telegram: t.me/liquidifty

TG ANN: https://t.me/liquidifty_ann

Twitter: twitter.com/liquidifty

Gitbook: docs.liquidifty.io

Medium: liquidifty.medium.com

Instagram: instagram.com/liquidifty.io

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