NFPrompt Unveils Innovative Staking Features

NFPrompt Unveils Innovative Staking Features

NFPrompt Unveils Innovative Staking Features

NFPrompt, an innovative platform, is poised to implement NFP pledges as a pioneering motion towards community ownership. The objective of the network is to empower its users with decision-making authority and incentivize them for their assistance.

The forthcoming staking feature would bestow numerous advantages, including a portion of the revenue, in recognition of the NFP’s ardent supporters. The most recent disclosure increased the NFP price by more than 13%.

The NFPrompt team recently announced on X that stakers would receive provisions beyond monetary gains. They would be granted sole voting privileges during competitive campaigns.

In this novel methodology, stakeholders are pivotal in endorsing artists by voting for their preferred works; in exchange, these voters are rewarded.

By being transparent regarding its revenue-sharing model and increased token distribution via staking, NFPrompt demonstrates a sincere commitment to community ownership.

Additionally, the network announced that platform fees will be divided by stakes, thereby expanding the opportunities for earning within the NFPrompt community.

Stakeholders would additionally be awarded additional cNFP, their in-platform token reward, for accomplishing daily duties.

With the Season 2 NFP airdrop advancing towards offering greater rewards, NFP supporters can anticipate significant earnings after introducing the staking feature.

Wednesday, December 27, 2023, also marked the debut of the Season 2 airdrop, which coincided with the NFP’s Binance listing. Since then, community members have been elated to receive updates on the airdrop.

The NFP ICO was concluded on December 26, and the following day, the cryptocurrency debuted on the market. It was listed on Binance concurrently with the Season 2 airdrop initiated by the network.

The price of NFP subsequently increased significantly in value despite experiencing adverse sessions.

NFP traded at $1.06 at the time of publication, an increase of 13.18% on Friday, December 29, 2023. The surge may react to the recent NFP staking announcement, given that the cryptocurrency experienced substantial declines just a few hours prior. The highest price of the day was $1.11.

Although the digital currency experienced a remarkable increase in value today, it is currently trading 16.56% below its all-time high. The ATH for the cryptocurrency was $1.28 on its initial trading day.

At present, the market capitalization of NFP is $266.15 million, representing an increase of 12.58%. Nonetheless, the 24-hour trade dropped substantially.

The trade volume was documented at $226.29 million at the time of writing, signifying a substantial decline of 33.35%.

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