MONNFTS ANNOUNCEMENT ABOUT AN IDO (Initial DEX Offering MON Token)

MONNFTS (MON) Token
3 min readJan 26, 2022

The Blockchain ecosystem MONNFTS — a project specializing in NFTs is growing strongly and receiving high praise from experts. The project is opening an IDO round to everyone.

MON Token

The MONNFTS project has successfully completed the Private Sale round with the participation of many trustworthy investment funds.

An IDO will begin to run on February 7 at 14:00 UTC and end on February 10, 2022. You can follow more information about MONNFTS’s IDO through the project’s official communication channels such as Telegram, Twitter, and Fanpage.

Along with that, the MONNFTS blockchain ecosystem is expanding and developing very quickly with prestigious strategic partners such as BlockchainHub, Shilian, Sohu, MarketWatch, Yahoo Finance…

WHAT IS MONNFTS?

Monnfts is a programming and development project built upon web 3 software on the blockchain platform, the project operates in the fields of NFTs, Affiliate Marketing and

AMM Dex. Which are explained as thus:

  • NFT (Non-fungible token) is a currency that is unique and cannot be replaced by other tokens. The realm of NFTs is currently growing and expanding rapidly, a lot of businesses have been putting resources towards its development.
  • Affiliate Marketing (Affiliate Networks) operates on the CPA (cost per action) model, which is charged for each customer action (buying, downloading software, completing a form).
  • AMM DEX (Automated Market Maker, Decentralized Exchange) is a trading method that uses an algorithm to calculate the token price at the time of purchase on decentralized exchanges.

HIGHLIGHTS OF MONNFTS

The highlight of Monnfts is its role as an all-in-one suite for NFT, Marketing, and DeFi. Monnfts has a ton of features, including:

  • NFT Marketplace: A marketplace for artists’ NFT products.
  • CryptoPop: 5000 unique collectible characters stored on the Binance Smart Chain (BSC) with certified proof of ownership. They’re fun, small, 24×24 pixel art characters that are algorithmically generated and tokenized.
  • M2C: Affiliate network which operates under the CPA and CPO models.
  • Trade: Provide exchange-trading features and Liquidity — similar to Uniswap.
  • Earning: Provide liquidity to AMM DEX for receiving your rewards.
  • Launchpad: This is a feature of launching tokens similar to Launchpad in the Binance ecosystem.

THE ROLE OF $MON TOKEN IN THE MONNFTS PROJECT

Currently, the $MON token is understood as the original BEP-20 governance under the BSC platform. Accordingly, the $MON coin will take on the main roles:

  • Used for the purchase of NFT tokens.
  • Used to purchase CryptoPOP.
  • Used to provide liquidity to MonSwap.
  • Received as rewards for staking, farming, and gaming.
  • Interact with other platforms such as M2C or Launchpad.

With a focus and mission on bringing P2P commerce, NFTs, and Defi closer to everyone, Monnfts believes they are better positioned than ever to open up billions of dollars worth of opportunities to the mainstream. The team will actively start targeting the users this year.

*Disclaimer: This is a press release, not investment advice. You need to research carefully before acting, we are not responsible for your investment decisions

--

--

MONNFTS (MON) Token

Monnfts helps creators mint and auction their digital artworks as NFTs on the BSC blockchain.