In this SuperFarm review, we’ll look at one of the biggest challenges facing crypto projects today, creating tangible utility for underlying assets and tokens.
Here’s what you need to know about this cross-chain DeFi protocol that permits customers to deploy NFT and crypto farms, no codes needed.
About SUPERElliot Wainman is SuperFarm’s co-founder and CEO. Wainman is an American influencer and crypto blogger.
The project’s first private funding round was led by Bitcoin.com, Spark Digital Capital, GBV Capital, Solidity Ventures and Animoca Brands, allowing SuperFarm to secure $1.1 million in funding.
SuperFarm is a platform designed to make non-fungible tokens (NFTs) more accessible and easier to get to grips with by offering a cross-chain NFT farming platform. It provides a platform where anybody can launch their own NFTs and NFT farms without any coding knowledge required.
SuperFarm is designed to bring utility to any token by turning it into an NFT farm with no coding required. Thanks to a set of visual tools, users can deploy a new farm with customizable rules and fine-tuned incentives. The farms can easily reward liquidity providers, stimulate long-term stakes, or give access to a project's services through an NFT with utilities.
With the ticker symbol SUPER, the native token plays an important role in the SuperFarm ecosystem. SUPER launched in February 2021 and is now available on major exchanges. Unlike other blockchain platforms, where the native token sometimes lacks a necessary utility, SUPER gives holders a whole range of uses in the SuperFarm “superverse.” For example:
- Governance, where SUPER holders can vote on proposals to make changes on the SuperFarm network. SuperFarm’s roadmap shows they eventually want the platform to achieve decentralization.
- Staking Rewards, where users can stake SUPER to earn SUPER. Staking the SUPER token will let users earn platform fee rewards.
- Exclusive Drops, where token holders will be given exclusive access to new NFT drops issued by SuperFarm’s many partners.
- Fees & Purchases:SUPER is required to use most features of the platform.
Is SUPER safe?Team
The project leader is Elliot Wainman, he is also the creator of ElioTrades and co-founder of Dapp Evolution Games. Elliot's goal is to reach over 2.5 billion players worldwide looking to purchase in-game assets through NFT.
Is SUPER a good investment?
As with any investment, if you're considering buying SUPER it's important to do your own research and understand how its blockchain works. As with all cryptocurrencies, the price will be volatile and could fall dramatically, so only invest money you can afford to lose.
We hope that the detailed information provided above about SUPER will greatly assist you in deciding whether it is a scam or not. If you have any questions related to this article, please feel free to comment in the section down below!