NEW YORK, NY / ACCESSWIRE / January 26, 2022 / On January 27th, Campfire, a Binance based project, plans to innovate the way in which Play-to-Earn Gaming and NFT based utilities are looked at. With their upcoming Pyromaniac Camp NFT drop and Campfire's NFT marketplace, users will get the opportunity to get in on the ground floor of a unique mix of NFT art and DeFi 2.0. Campfire is the primary token in the Campfire ecosystem that allows holders and users to earn rewards and participate in the governance of the Campfire project.
Campfire's NFT Marketplace, named The Bazaar, will play a crucial role in the upcoming NFT drop aptly named, Smokey. Users will be able to buy, sell, or rent the playable and utility driven NFT's, allowing them the ability to earn passive income. While buying and trading in the Bazaar is done with the native token $CAMPFIRE, earning the token is a mix of fantasy gaming and decentralized finance. The private whitelist sale will begin Jan 27th, and investors will have to apply to get access to this sale. We'll be selling 1,000 NFTs at a price of 0.25 BNB. Then pre sale will commence days after at a price of 0.35BNB. Then the public sale will follow after at a price of 0.5BNB
NFT UTILITY AND DEFI 2.0
DeFi or decentralized finance, has paved a way for holders to participate in ways to earn passive income from providing liquidity and yield farming. While many users participate in the opportunities presented in the DeFi space, other opportunities arose in the form of NFT's, or non-fungible tokens. The NFT space saw over $10 billion dollars in volume by the end of the 3rd quarter of 2021 alone! While most NFT projects look to mimic the success of other projects such as CryptoPunks or Bored Ape Yacht Club, Campfire has focused more on integrating and utilizing DeFi and NFT's.
Going a step further than standard NFTs, Campfire's Hero NFTs will be playable hero's that the holder can use within the protocol to earn $CAMPFIRE tokens. There are daily quests for players to complete using their Smokey NFTs. Each quest has been designed to be fun while providing meaningful utilities to the Campfire ecosystem. With a variety of different categories of quests, each has its own unique rewards that come from completing these dailies. Unlocking the ecosystem's native token $CAMPFIRE, increasing yield on the upcoming farms, or reducing the fees on the platform are just a sample of the rewards players and holders can expect to see.
CAMPFIRE LAUNCH PLANS
Campfire is an ambitious project with a lot in the development cycle for their launch. After the successful launch of the Smokeys NFT, Campfire plans on using their platform to provide an array of services. An IDO Launchpad, Liquidity as a Service, and Bonds, which allow users to sell tokens at a discounted rate in exchange for other assets, are all currently in development for the Campfire protocol. For more information, read the documentation at https://docs.campfiretoken.io/ or join any of the Campfire social media channels to learn more and join the community.
Twitter @CAMPFIRET0KEN
Website: https://campfiretoken.io/
Community Group: t.me/TokenCampfire
PR Contact: pr@campfiretoken.io
SOURCE: Campfire Token
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