Hi! I want to present to you SNAFU: an Italian collective of artists that want to create a new form of income for young underground artists and experiment with NFT art.
Our goal is to create a DAO to govern the collective, that will propose art initiatives to the community, which will vote with $SNAFU tokens.
$SNAFU is an ERC-20 token based on the xDai chain. There is no max supply since it is minted and burned by a smart contract. The smart contract that we developed and deployed will be used to swap the NFTs of our collection (ERC1155 tokens sold on Unique One) to $SNAFU tokens (you will get an amount of tokens based on the rarity of the NFT). The “swap” idea is similar to nft20 (an ethereum project), but we adapted the concept to our project. UI will be deployed in the next weeks.
We want this token to be used by artists and by our community and be backed by the artworks themself.
We just AIRDROPPED $SNAFU to all our early adopters that bought our NFTs until April 3rd on Unique One Marketplace.
We have a lot of other cool features ready to be released:
- SWAPPING (as I presented earlier)
- FARMING: you will be able to farm unique artworks by staking $SNAFU tokens
- STAKING: you will be able to stake our $SNAFU tokens and earn more
- Honeyswap: the following week we will sell NFTs of our artists and use that money as liquidity for our token on Honeyswap
- LP STAKING: we want to incentivize people to add liquidity to our pool
- DAO: we will start promoting contests and initiatives and our community will vote for every decision we’ll make
You can find more details about us on our website: https://www.nftsnafu.org
The following week we will start selling the NFTs of our collective, each day we will do a drop of NFTs that will start from a base price. Each new drop will increase the price of the previous drops by 20%.
At the end of the week, we’ll airdrop 100 $SNAFU tokens for every NFT you bought!
P.S.: We f**king love xdai and 1hive community and would really like you to support us in our journey!
P.P.S.: We have an ongoing airdrop, you just need to follow our twitter account and join our telegram group: https://twitter.com/nftsnafu/status/1378448199648735233
P.P.P.S: I created a separate thread for our NFTs and artists where we’ll keep you guys informed and updated about the drops, you can find in the Cafè section.