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NFTY Network is a decentralized NFT ecosystem, built to facilitate various innovations in the NFT space. With a suite of core products, NFTY Connect and NFTY Launch, NFTY Network is the bridge between the product ecosystem powering the NFTY utility token.
$NFTY is the native utility token that is used for:
1) Fees for token gate creation and management
2) Rewards for accessing and engaging with token gates
3) Used for governance votes to determine how network resources are allocated.
There is 40M tokens across ETH and BSC. 60M NFTY tokens are in total circulation including 20M tokens in liquidity pools.
NFTY Network was founded by the CEO Digital Lawrence, the COO Tytaninc, and the CTO Kevin Caffrey.
The three founders worked together for years in the crypto industry supporting other projects before developing tools to help facilitate NFT utility across layer 1 and layer 2 chains.