Recap of the NFTify AMA with Blockchain Space
On Tuesday, June 1st, we had the pleasure to welcome to our Telegram chat:
Nikita Ngan Nguyen, The CEO & Co-founder of NFTify.
We asked her questions about the development of NFTify.
INTRODUCTION
Q~ Thanks for joining us once again today. Please start off by introducing yourself to the Blockchain Space community and your role in the team?
A~ Hi. My name is Nikita Ngan Nguyen, CEO & Co-founder of NFTify.
I’ve been working in the IT industry for the last 12 years, and Blockchain in particular for the last 6 years.
I’m a business woman first and foremost. It’s like a natural instinct for me to turn any topics into business :D
I’m also the co-founder of Ekoios Technology — Leading Vietnam’s Blockchain & AI Development Company.
At Ekoios, we get to engage and provide business & tech consulting, development services to hundreds of Blockchain startups all over the world. That definitely gives us a general picture of the Blockchain ecosystem, and helps us come up with the idea of creating NFTify, a platform that we’re confident will become very impactful that is lacking out there.
Q~ What is NFTify all about in detail, what problems in the current NFT market inspired you to create NFTify?
A~ Well, first of all, NFTify is a platform where people can create an NFT store without coding.
Anyone can start a store, tokenize & sell NFTs right away instead of spending months and hundreds of thousand USD to develop something like Opensea, Niftygateway.
A year ago, before most of the world had heard of NBA TopShot NFTs — now a half-a-billion-dollar business — Ekoios, our Blockchain development house in Vietnam started receiving streams of pressing requests from clients around the world.
Recognizing the tremendous value creation opportunities in tokenizing and selling their digital assets as NFTs, they were anxious to launch NFT marketplaces for their art galleries, gold and other commodities, sports trading merchandise, and a myriad of other uses.
But no Shopify of NFTs existed. Even TopShop…That’s when we came up with the idea of creating NFTify.
Q~ Can you share with us detailed information on the $N1 tokenomics and it’s usecases?
A~ Our tokenomics is fully public on the website. Our full supply is 200.000.000 N1 tokens, with the initial supply of 12,300,000. Initial Market Cap is $604,000.
Token Utilities includes:
- Pay fees for store setup and plugin purchases
- Trade NFT
- NFTify platform rewards
- Platform governance
For more information, you can access our tokenomics on
Q~ Did you raise funds so far? If so, how did you handle them? Are you planning to do any future raises?
A~ Yes, luckily we have the supports from many partners and advisors. So we reached to them, they are really excited to our project. We have Closed $2.1 Million Fundraising round Backed By Leading Blockchain Investors and going to do the IDO on June 4th, only more 3 days. Don’t miss out on NFTify IDO by visiting our social media channels:
- Website: https://nftify.network/
- Telegram: https://t.me/nftify_official
- Announcements: https://t.me/nftify_ann
- Twitter: https://twitter.com/nftify_official
Q~ Could you share with us, the recent progress and your future plans for NFTify?
A~ We have closed our fundraising, announced many major partnerships in IDO, marketing, technology integration etc., We have closed the IDO whitelist for Ignition and Red Kite and will commence the IDO on June 4th.
In terms of development, right now we are focusing on the MVP version of NFT platform to allow people to create their own store and brand, and the built-in AI services. We plan to launch these 2 features in June. We have released AI Services demo (https://ai-live-demo.nftify.network/) and the 1st demo platform (https://www.youtube.com/watch?v=k8R0OI2xGrY). The 2nd Sprint Video will be released in 1–2 days.
Also, we’re having many on-going conversations with other projects to onboard the 1st artists to register and sell NFT on NFTify. Most recently, we’ve partnered with DAO Maker on rewards pool, staking and with Faraland to launch its first gamified NFT store on NFTify.
We plan to release our MVP and AI feature by the end of June. In the coming months, we will continue to work on the main features as well as develop DeS services: encryption, compression etc. The upcoming time will be very important for us.
With the desire to bring products to the market soon, we have been working non-stop, even during holidays.
QUESTIONS FROM TELEGRAM
Q~ CUSTOMIZATION is one of Nftify best features…can you tell us more about it and how people can customize their stors appearance?
A~ Well, store owners on NFTify will be able to customize their store by purchasing community plugins to improve: payment method, theme, information display etc.
Q~ What price will this subscription be for users and what benefits will they have in a month of service?
A~ We haven’t released the pricing yet. We will offer a variety of subscription plans for users to choose from to suit their needs. And of course, there will always be a free trial version of the product as well.
Q~ Congratulations on your agreement with faraland to host your NFT store, do you plan to place stores in other games, so that we have a wider market available?
A~ Thanks for updating our announcements. Gamified Store is one of the most important use cases of NFTify. We already have many in discussion right now to develop the ecosystem. There will be more partners come to us in the future. Right now, I can only tell you that will be very excited.
Q~ Concerning your upcoming dual IDO which would occur on June 4th, I would like to know why NFTify decided to have a dual IDO launch on two launchpads instead of one?
A~ Yes, our IDO will be conducted on Redkite & Ignition Paid on June 4th. We want to get more exposure to community. Paid Ignition has been very successful and they have been launching. many great projects. Kyle is enthusiastic and has the best reputation. Redkite is PKF, our incubator. They are gaining great attention and actually they are now 1 of top 10 platforms on Polkadot. Because they are also our incubator, we hope that we can receive the best support.
Q~ Do you have any useful videos or tutorials to help starters understand better how to easily issue NFTs and and build a brand on NFTify?
A~ Sure. We’ll engage the community in every milestone of the project. Every two week, we’ll release one Sprint about our development progress. When our product is launched, for sure we will also have video tutorial for users. Please be sure to follow our Telegram and Twitter for official announcements.
CONCLUSION
You know, these days market is red. A lot of peole feel worried. But NFTify is a long term project. We are confident with our technical capabilities, overall understanding about the ecosystem, and very strong support from our advisors, investors, partners, we will be able to pioneer it through all fluctuations.
It’s really nice having the NFTify project in here!!!
You can check out their Website for more details. You can also follow them on Telegram and Twitter to keep up to date with all things relating to NFTify.
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