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NFPrompt Unveils Staking Launch & Other Community Upgrades, Triggers Price Rally – Crypto News

Published

2 years ago

December 29, 2023

Dripp

In a groundbreaking move towards community ownership, the innovative platform NFPrompt is set to introduce NFP staking. The network aims to place the power of decision-making in the hands of its users while also rewarding them for their support. The upcoming staking feature would reward NFP’s true supporters with several benefits, including a share in revenue. The latest announcement propelled the NFP price to rally by over 13%

NFPrompt Staking Rewards

In a recent post on X, the NFPrompt team announced that stakers will enjoy more than just financial benefits. They would attain exclusive voting rights in competitive campaigns. This first-of-its-kind approach sees stakers playing a key role in supporting artists by voting for their favorite works, which in turn would reward these voters.

NFPrompt is transparent about its revenue-sharing model and increased token distribution through staking, showcasing a true dedication to community ownership. Moreover, the network noted that they will also share platform fees with stakers, offering more ways to earn within the NFPrompt community. Furthermore, stakers would also receive extra cNFP, their in-platform token reward for completing daily tasks.

As the Season 2 NFP Airdrop progresses with the promise of providing higher rewards, NFP supporters can expect substantial earnings after the staking feature launches. The Season 2 Airdrop debuted on Wednesday, December 27, 2023, which coincided with NFP’s Binance Listing. The community has since been ecstatic about updates regarding the airdrop.

Also Read: NFPrompt (NFP) Airdrop Announcement Sparks Crypto Buzz Amid Upcoming Binance Listing

NFP’s Stellar Market Debut

The NFP ICO concluded on December 26 and the crypto made its market debut the next day. It got listed on Binance while the network initiated the Season 2 Airdrop. The NFP price added substantial value to its price thereafter even after being hit by bearish sessions.

At press time, NFP traded at $1.06, soaring by 13.18% on Friday, December 29, 2023. The surge could be in response to the recent NFP Staking announcement since the crypto witnessed significant declines a few hours ago. The day’s high was recorded at $1.11.

While the digital currency registered a phenomenal surge today, it is still trading 16.56% lower than its all-time high. The crypto recorded its ATH of $1.28 on the first day of trading. Currently, the NFP market cap stands at $266.15 million, up by 12.58%. However, the 24-hour trade plummeted significantly. As of writing, the trade volume was recorded to be $226.29 million, indicating a massive drop of 33.35%.

Also Read: Binance Launches NFPUSDT Perpetual Contract Amid NFP Price Rally