In 2009, cryptocurrency came out of nowhere with the launch of Bitcoin. Yet, today, you’d be hard-pressed to find someone walking down the street who doesn’t know about digital currency.
And is it any wonder? Within a year, Bitcoin has skyrocketed from $5,400 per token to nearly $60,000 as of this article’s writing.
Today, more than 5,000 Bitcoin ATMs are located worldwide, and this coin continues to gain widespread, mainstream acceptance. Why has this currency seen so much success? It enables fast peer-to-peer and low-cost transactions through its Bitcoin Lightning Network.
In this SuperFarm review, we’ll look at one of the biggest challenges facing crypto projects today, creating tangible utility for underlying assets and tokens.
Here’s what you need to know about this cross-chain DeFi protocol that permits customers to deploy NFT and crypto farms, no codes needed.
What Is SuperFarm?
Designed to bring utility to any token, the SuperFarm platform transforms currencies into NFT farms that don’t require code. The platform offers an innovative suite of visual tools. These resources ensure your ability to deploy the most exciting new farm with custom rules incentivizing the behaviors that you prioritize.
In this way, you can easily reward liquidity providers. For example, you can encourage longer stakes or provide special access to the services you offer through NFTs with utility.
The platform also provides a simple set of building blocks that fuel any project, thereby connecting to mainstream products and adding new utility to your tokens. As a result, SuperFarm has revolutionized non-fungible token (NFT) and DeFi infrastructure.
More About SuperFarm
SuperFarm offers a home for NFT Farming combined with crypto-to-crypto farming on a platform that’s as intuitive to use as Uber. It also allows you to deploy new tokens and NFTs, easily set up farms, and sell through a custom marketplace.
The most important features in NFT infrastructure come together in the SuperFarm platform. What’s more, it offers a user experience that’s light years ahead of other platforms.
The SuperFarm project holds the potential to help businesses, too. For those companies that wish to create and market their own NFTs, nothing beats SuperFarm’s streamlined, easy-to-use interface.
As the SuperFarm project continues to work towards its vision of mainstreaming cryptos and NFTs, the platform offers a promising outlook for the DeFi world. It has already proven to be straightforward and profitable.
Crafting Utility First
SuperFarm bridges the divide between the ever-expanding gaming industry and current crypto ecosystems. For example, non-fungible tokens (NFTs) from SuperFarm and its official “Partner Farms” get utility from real AAA videogames.
Users can access limited edition experiences and items within video games with NFTs from SuperFarm. They can use and trade these assets in cutting-edge new digital worlds. As a result, NFTs represent more than just pixels on a screen. They also hold the power to unlock one-of-a-kind digital experiences.
At the moment, it’s safe to say that many NFT projects come with the mindset that “if you build it, they will come.” But this assumes that others will use their tools to realize meaningful products.
Is this approach smart? Not necessarily. After all, it assumes someone will construct an excellent game using your tech. That’s akin to hoping to win the lottery (but never buying a ticket).
Of course, SuperFarm is breaking the mold when it comes to NFT projects. How? By building true utility before infrastructure.
What’s more, it continues to pave the way for existing and future projects to not just survive but thrive.
SuperFarm and the SUPER Token
What else do you need to know about SuperFarm for NFTs? The site boasts its own SuperFarm token, SUPER. This token plays an essential role in the SuperFarm ecosystem, facilitating a wide array of uses. Here’s an interesting read about crypto going mainstream that will help you get better plugged into the industry.
The utilities you’ll enjoy with SuperFarm’s native token proves varied. For example, SUPER can be used to pay for transaction and governance fees or as a medium of exchange.
The token also gains holders access to programs and products available in SuperFarm’s gaming ecosystem, SUPERVERSE, which we’ll discuss in greater depth in the next section.
Its governance is community-directed because the platform has a stated goal of becoming fully-decentralized soon. That said, SUPER holders must vote on any proposal or decision to modify or amend the platform.
How is voting power determined? By the number of SUPER tokens a user holds.
The more customers hold in SUPER, the weightier their voting power. To purchase SUPER, you’ll need to head to the Uniswap, where it’s listed.
SuperFarm and SUPERVERSE
Better yet, the SUPER token offers access to fun and eclectic opportunities in the crypto space through NFT drops, SUPERVERSE, and Partner Video Games.
As the gaming interface for SUPERVERSE, this NFT-based card game functions on an auto-battler setup. Besides game points, rewards include NFT drops from SuperFarm-partnered gaming platforms.
Just be aware that there’s a minimum requirement for SUPER holdings. You must meet this minimum before receiving access to the Superverse.
SuperFarm Review: The Takeaway
What’s the takeaway when it comes to our SuperFarm review? The platform remains an interesting DeFi project. It has already clearly identified who its target market is, which proves a plus for the platform.
For the project to continue successfully, it will require more buy-in from gamers and developers. But it’s already done much to pique people’s interest in DeFi and cryptocurrencies.
The company’s goal remains to get all 2.5 billion gamers to jump on board with cryptos. While an ambitious undertaking, it’s a laudable vision that would further bring digital currencies mainstream.
Are you interested in exploring the world of cryptocurrencies further? Check out our latest review of OKCoin.