Flare Finance Sees Massive Response to its NFT Launch

Bob Coiney

September 17, 2021

The Loyalist NFT collection launched by Flare Finance has already garnered over $1million in sales within a short timeframe. The Delorian NFT sale initially began with 7,777 NFTs and only about 2.1k remain at the time of writing this. These NFT come with a range of benefits for the holders which are not just limited to drops and bonuses.

Flare Finance is gearing towards creating a collection termed “Supaku’s Awakening”, which will comprise both NFTs and physical art. The Delorian NFT in itself is a premium creation with very appealing visuals and graphics. Holders of this NFT will gain access to various NFT related drops, bonuses, and benefits commemorating past, present, and future events in the ecosystem. The Flare Finance NFT sale is live and available on Rarible (which is an NFT marketplace and is also a platform for creating NFTs).

The renowned blockchain use case –Non-fungible tokens (NFTs) are a form of crypto-asset which uses blockchain to record the ownership status of digital objects, such as images, videos, and text. These items are accessible to view by anyone, but only the buyer of an NFT has the official status of being its owner. NFTs have been well received by the cryptoverse in recent times, leading to massive amounts of sales, as well as adoption across different sectors. 

Perks For Flare Finance NFT Holders 

The loyalist NFT collections like the phenomenal ‘INFLUXO X Ronaldinho’ is half of the two-piece set, with one half being “The Right Arm of Supaku” and the other half being “The Left Arm of Supaku.” Holders who own the “The Left Arm of Supaku” and 10% of the supply of the “The Right Arm of Supaku” will be eligible to claim the first piece of physical art.

The Left Arm of Supaku” NFT will be the first HotDrop hosted on the FlareDrop Platform. Users will be able to participate in the auction easily using any supported currency, and the user with the highest bid will take home “The Left Arm of Supaku” NFT. Additionally, after each Bonus Drop, a patch will be developed and sold by the Flare Finance Team, allowing for people who did not receive the NFT itself, to purchase a physical representation of the Bonus Drop.

Other Lineup of Products to be Launched 

Flare Finance is expected to launch with six products – FlareFarm, FlareX, FlareLoans, FlareMutual, FlareWrap, and FlareMine once Flare Network goes live. With FlareWrap, Flare Finance brings together communities by enabling minting from one chain to another and vice versa.

One of the foundations of Flare Finance has been Creativity, and that is evident from the Delorian NFT. With such finesse shown by the team in creating NFT, one can only anticipate the quality that would be seen in the Flare Finance platform. Cryptoverse will get to witness the Experimental Finance (ExFi) platform which is now expected to go live anytime soon on the Songbird Network. Keep an eye on the announcements to be the first to try the ExFi platform.