Sypool cooperates with DeFine to launch NFT PLUS
Sypool Protocol gladly announces its collaboration with Define to launch NFT PLUS, an interesting and special NFT product.
NFT PLUS!
Sypool is partnering with Social NFT Platform DeFine to make NFT PLUS product. DeFine aims to build a decentralized NFT based social network for web 3.0 and has previously introduced its innovative product NFT PLUS, which can be redeemed for real world assets.
With this partnership, DeFine will empower Sypool to launch 3 types of NFTs in the form of mystery boxes, each of them has 3 levels, N, R, SSR.
Each NFT holder will have the right to redeem SYP at $0.04 during a specific period.
Here is the allocation of each NFT.
Total $10,000 (250,000 SYP)
There will be a total of 246 mystery boxes, 82 for each NFT.
Level N holders:
NFT holders can redeem 2,500 SYP under certain conditions:
- Redeemable 12 hours before TGE
- Send the NFT & $100 USDT to the redemption smart contract and it will return 2,500 SYP and give you the NFT as a souvenir.
Level R holders:
NFT holders can redeem 5,000 SYP under certain conditions:
- Redeemable 12 hours before TGE
- Send the NFT & $200 USDT to the redemption smart contract and it will return 5,000 SYP and give you the NFT as a souvenir.
Level SSR holders:
NFT holders can redeem 10,000 SYP under certain conditions:
- Redeemable 12 hours before TGE
- Send the NFT & $400 USDT to the redemption smart contract and it will return 10,000 SYP and give you the NFT as a souvenir.
The sales of Sypool NFT will start on Sep 1st on the DeFine platform. The price of each mystery box is $5.
You can also trade them on DeFine platform before the redemption date.
About DeFine
DeFine is the NFT social platform for all creators including artists, musicians, influencers, gamers, and athletes.
The platform facilitates all social interaction, engagement and communication for creators and their fanbase with digital assets like NFTs and social/fan tokens.
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About Sypool
Sypool is a synthetic asset management protocol which is built by professional quantitative trading team.
This is another innovation that we have migrated finance from off-chain to on-chain. This idea was inspired by both off-chain fund companies and packaged asset derivatives. On the one hand, we tokenize fund shares. On the other hand, this share token actually represents a small part of a multi-token pool, thus providing the scarce liquidity for the cryptocurrency market.
Therefore, you can consider it as a fund share, or you can consider it as a mirrored token pool asset, or your own portfolio, as well as other new uses that may appear in the future.
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