Nafty Tokens Sold Out in Less Than 1 Hour, to List on PancakeSwap From July 7
Nafty, which aims to be a complete solution for the adult industry, has concluded the presale of its BEP-20 NAFTY token, as per a press release on July 6.
Disrupting the $97 billion Adult Industry
Following the successful conclusion of its highly anticipated presale, the NAFTY token will begin trading on PancakeSwap from July 7.
According to Kassia Wosick, the assistant professor of sociology at New Mexico State University, the global adult industry was worth around $97 billion in 2015.
Roughly 12 to 14 percent of this revenue is from the U.S.
Distinctive, the Adult industry is dense with individual operations whose proprietors make a ton of money. Most draw their revenue from recurrent subscriptions and the industry’s growth.
These two markers are also incredibly intertwined, making porn lucrative.
NAFTY Tokens Sold out in Less Than 1 hour
Nafty has set sight on the Adult Industry and is putting forth a compelling solution that overcomes barriers inconveniencing operators.
The appeal of a decentralized solution solving a real-world problem explains why NAFTY tokens sold out in a record 57 minutes.
The project had allocated 1,000BNB worth of NAFTY tokens—3 billion tokens—representing three percent of the total supply for the presale as the project successfully raised $300k.
NAFTY token will be a utility used for paying for services and accessing premium content.
At the same time, NAFTY can buy NFTs and pay subscription fees on Nafty.tv.
The platform automatically charges four percent per transaction, distributed to token holders depending on their holdings. Another four percent of the fee is locked in a liquidity pool.
Besides, Nafty will use a portion of its revenue to buy back and burn tokens, reducing supply.
Already, Nafty operates four content platforms–NaftyFans.com, NaftyPay.com, Nafty.tv, and NaftyArt.com, in the process of partnering with celebrities in the adult industry to generate content as part of their marketing campaign.
Focus on the Community of Holders and Content Producers
There are several advantages of using the NAFTY token.
On the one hand, Holders stand to earn passive income from transaction fees charged across the Nafty ecosystem.
On the other hand, content creators can receive a bigger share of revenue and tips from token holders.
All this is in a decentralized, low-fee BSC environment where holders have a say as they can vote for proposals using NAFTY.