In the gaming industry, non-fungible tokens (NFTs) are gradually becoming more popular as the play-to-earn business model allows gamers to earn money while playing their favorite games.
Gamers are often at a loss for where to sell their in-game NFT rewards. Although there are several sites for trading all sorts of NFTs, most of them aren’t specifically designed for trading non-fungible tokens from video games.
This is where SkinFlip comes in with a platform to connect NFT gamers with traders.
What is SkinFlip?
SkinFlip is a new Solana-based project that intends to build a multichain gaming marketplace for non-fungible tokens (NFTs) targeted towards providing a trading platform for in-game assets.
It aims to provide gamers with an opportunity to trade their video game assets on its platform while attracting avid NFT collectors and traders to look for new investments, uniting both in one platform.
The SkinFlip NFT marketplace will be designed as an easy-to-use platform, with some of the lowest fees in the industry. The team will also include a vetting process to protect users from scam projects while also integrating multiple blockchains.
Currently, Ethereum is the home for NFTs as it boasts more projects than other networks. But in recent times, other blockchains are becoming increasingly popular among NFT developers, including Solana, Binance Smart Chain (BSC), Polygon, and Flow.
SkinFlip plans to integrate all of these networks and many more as time progresses and other blockchains develop smart contract capabilities. By developing a multichain NFT marketplace, SkinFlip users will be able to trade their NFTs from any blockchain.
The platform aims to become a reliable marketplace for in-game accessories, allowing gamers and traders to freely move from one in-game asset to another, all capable within one platform, using advanced trading tools and analytics.
SkinFlip Turtles
SkinFlip Turtles is SkinFlip’s first official public project. They are the platform’s native PFP NFT collection.
It features 10,000 randomly generated SkinFlip Turtle NFTs with different unique attributes, which are all geared toward providing holders with various benefits. To allow every NFT enthusiast to hold a SkinFlip Turtle NFT, the project’s developers have organized an initial NFT offering (INO), which is scheduled to take place on December 22nd, 2021.
Everyone will have the chance to participate in the event. However, due to the limited issuing amount, only the quickest participants will be able to mint a SkinFlip Turtle NFT.
SkinFlip lists several utilities that holders stand to gain. Some of them include:
- Full IP rights to the SkinFlip Turtles NFT.
- Early access to the platform’s official NFT marketplace.
- Access to future digital products from SkinFlip and its partners.
- Opportunities to earn SkinFlip Exchange Tokens.
- A reduced marketplace trading fee via NFT staking
- Opportunity to access and vote in the SkinFlip DAO.
SkinFlip Exchange Token (SFX)
The SkinFlip Exchange token (SFX) is the native currency of the platform, which is designed to power the entire SkinFlip ecosystem.
It is an SPL (Solana Program Library) token standard. Holders of the SkinFlip Turtles NFTs earn income in the form of the SFX tokens by staking their NFTs on the platform.
SkinFlip Roadmap
SkinFlip has a detailed roadmap of its growth and development into a preferred NFT platform for video game assets. It currently includes:
SkinFlip has a detailed roadmap of its growth and development into a preferred NFT platform for video game assets. It currently includes:
