AirNFTs launches the first-ever NFT Launchpad
As AirNFTs promised during their project roadmap they intended to organize the first NFT based launchpad program on the platform. And for this special occasion, they wanted to announce the AirNFTs public raise as the first NFT launchpad ever organized.
AirNFTs users will have the opportunity to purchase these launchpad NFTs that will be converted into AIRT tokens at the end of the program.
They have allocated 20% of the total supply for the public launchpad program. From day one, they have always wanted to be a community-first funded project, where their users are the most significant holders and would have a word in the future direction of the project.
Since the project has never sold any tokens to private investors, they decided the best way to kick start a fundraiser was to make sure their users have the same opportunities that private investors would otherwise have.
What is the NFT launchpad?
Like IFO (initial farm offering), projects can raise funds through NFTs with symbolic token value, this particular type of fundraising is called the NFT launchpad. The purchased NFTs are later minted to the users and the tokens are transferred to the user’s addresses, respective to the purchase they made during the launchpad.
How to participate?
Get started in 3 simple steps:
- Make sure you have BNB in your wallet. You can learn how to buy BNB here.
- Go to app.airnfts.com/launchpad, make sure your wallet is connected to BSC network.
- Select a package of preference and tap “Buy”. You can buy as many times as you wish.
At the end of the launchpad, they shall distribute all AIRT allocation to the buyers with respect to the amount they purchased. The participants can also sell their launchpad NFTs on the secondary market.
Benefits of owning $AIRT:
- Participate in vote and governance – decide on the future of the project.
- You will be able to stake $AIRT and earn rewards.
- Exclusive allocation spots in future launchpads on the platform.
- Participate in liquidity mining programs to earn even more rewards.
- AIRT will be deflationary, where a portion of tokens will be burnt every quarter.
- Team will allocate raised funds to boost development to ship royalties, auctions and crosschain faster.
- Earn trading fees from provided liquidity on DEXes.
- Trade AIRT without price impact.
- The team will add AIRT/BNB liquidity for trading for those willing to sell later or speculate.
- Discounts, AIRT will be the utility token for all activities on the platform.
- A percentage of launchpad will be used to buy back AIRT.
Why they are doing the launchpad now?
As you might have known, the project has been run solely from founders’ resources from day one. We have never taken any form of outside investments and they have never sold any token to private investors.
As they plan to scale up the project further and execute the most ambitious goals and boost development to reach their roadmap goals faster, they need to raise funds to sustain these objectives for the long term.
NFT Launchpad distribution rules
- What happens after I buy a launchpad NFT package?
After you buy a launchpad package you will see your balance updates on the “You will receive” section on the launchpad page. That will show your allocated AIRT that will be distributed to you at the end of the launchpad. - Can I buy more than one package during the launchpad?
Yes, the participant can buy more than one package and can select any other type of package and possibly combine different package purchases as they wish. - When will I get my purchased AIRT tokens and NFTs?
The purchased tokens will be distributed to the buyer’s addresses at the end of the program. At the same time, the exclusive NFTs will be minted and also transferred to the buyer.
📰 INFO
https://www.airnfts.com/post/announcing-the-first-nft-launchpad
