Market Signal

What Is SuperFarm (SUPER)?

SuperFarm is a cross-chain decentralized finance ([DeFi]) protocol built to facilitate the launching of new non-fungible tokens ([NFTs]) without the need for programming. A marketplace and an innovative set of tools allow any project to deploy a farm with its own rules.

To learn more about this project, check out our deep dive of [SuperFarm].

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.

Conceptually, SuperFarm is a comprehensive NFT marketplace. It allows users to create their own NFTs, farm coins for NFTs, create ERC-20 tokens and bind NFTs to videogame items.

SUPER is SuperFarm's utility token that is used for governance, fees, staking and NFT drops. The SuperFarm platform launched on March 31, 2021, with NFT Drops and the NFT Launchpad.

Who Are the Founders of SuperFarm?

Elliot 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.

What Makes SuperFarm (SUPER) Unique?

SuperFarm is building an NFT framework with a focus on the platform and user interface. The main challenge for SuperFarm is to make a DeFi and NFT infrastructure that is easy to use by building utility and providing a platform for NFT Farming. It will allow users to easily set up farms, deploy tokens or NFTs and sell via their own marketplace.

SuperFarm will also act as a link between crypto ecosystems and the gaming industry. It aims to support collectible tokens for use in AAA games. With NFTs from SuperFarm, users gain access to the video game experience and limited edition items. Members can use and exchange their assets.

The SUPER token gives users access to a range of opportunities in the crypto space through SUPERVERSE, Partner Video Games and frequent NFT drops.

Related Pages:

Read about [PancakeSwap].

Read about [Polkadot].

Take a deep dive into decentralized finance with [CMC Alexandria].

[What Is SuperFarm?]

How Many SuperFarm (SUPER) Coins Are There in Circulation?

SUPER is the native utility token of SuperFarm and is used for governance, fees, staking and NFT giveaways.

SUPER was launched on February 22, 2021, via an initial dex offering ([IDO]) on the Polkastarterplatform. The maximum supply is 1,000,000,000 tokens, of which 10,000,000 were part of a public round.

The total supply of SUPER tokens is allocated as follows: 25% to staking, 5% to NFT drops, 10% to the founders and advisors, 10% to the ecosystem, 5% to the seed round, 35% to P1 (Private sale 1)/P2 strategic/P3 lottery/the liquidity pool and 10% to the development.

How Is the SuperFarm Network Secured?

SuperFarm (SUPER) is a cryptocurrency token that runs on the Ethereum blockchain. Its network is protected by the proof-of-work ([PoW]) consensus mechanism Ethash.