Token Utility: 

– It acts as the liquidity base or collateral for new ERC20 tokens that are entering the DeFi market. This is essential for these new tokens to gain recognition in liquidity pools.
– Liquidity Providers Rewards: Liquidity providers who contribute to the NFTify ecosystem are eligible to participate in a liquidity mining program. This program distributes rewards over a period of six years.
These utilities are designed to incentivize participation and support the growth of the NFTify platform, ensuring a vibrant and active marketplace for NFTs. If you need more detailed information or have further questions, feel free to ask!

Website: https://nftify.network/
Twitter: https://twitter.com/nftify_official
Telegram:  https://t.me/nftify_official

Whitepaper: https://nftify.network/file/whitepaper.pdf

Positive Notes:

– Icetea Labs and morning start venture invested, also redkite
– No-Code Platform: Users can set up their NFT marketplace with ease.
– Customization: Offers a range of options to personalize the marketplace to fit the brand’s identity.
– Marketing Tools: Built-in tools to promote the site and drive organic traffic.
– Sales and Payment Options: Multiple methods to sell NFTs and secure transactions.
– Expert Support: Access to concierge services and expert advice for marketplace optimization

Negative Notes: 

– Down 88% from IDO
– very low volume
– not listed in any CEX
– Price 95% down since launch
– Only 1 tweet this april 2024, and last is december 2023
– telegram full of fake bot accounts

They manage to raise $4.4M USD that means they have a good marketing but the project dont succeed and goes down, now their telegram is full of bots, they still post once on twitter this month. I think the team silently abandoned this project.