The Non-fungible Moonbirds will would go live on March 3 at 20:00 UTC.
Liquid Collectibles Debuts MoonBirds NFT Collection
Today, Liquid Collectibles will launch an Initial Non-fungible Offering (INO) for Non-fungible MoonBirds (NFM). NFM is a unique collection of 8,888 algorithmically generated digital Moonbirds created by Moonbird Finance.
Liquid Collectibles offers projects the possibility of creating BEP-20 tokens backed by NFTs. These tokens, referred to as NFT Indexes (NFTi), can be traded like every BEP-20 token on Decentralized Exchanges (DEX) like ApeSwap. Users would be able to buy NFMi tokens via Liquid Collectibles’ “Dutch auction.” Once purchased, they can be used to buy NFMs.
The NFT Liquidity maker powered by ApeSwap shed more light on the Dutch auction through a blog post on February 25 and announced the launch time.
“Liquid Collectibles will host the sale through a Dutch auction, that is to say, using a decreasing price format – starting at a higher price and slowly decreasing until sold out or the sale ends,” Liquid Collectibles’ Medium disclosed.
The NFM launch would go live at 20:00 UTC today, March 3, on the Liquid Collectibles INO page, and users would also use NFMi and provide liquidity to the collection to earn $LICO. $LICO is the native token of the Liquid Collectibles ecosystem that serves as both governance and inventive for users to provide liquidity.
The sale would last for three days—72 hours or till it is completely sold out. After the sale ends, users would redeem their NFMi tokens for NFM. Each NFM would be purchased with 100 NFMi. However, the rate would increase to 105 NFMi after the launch. The NFM sale has a lot of hype, considering the backing from ApeSwap, and we expect the collection to sell out totally. For more information on participating, refer to the Liquid Collectibles article.
What is Liquid Collectibles?
Liquid Collectibles is a Non-Fungible Token (NFT) liquid market maker on BNB Chain. The project allows projects to create BEP-20 tokens backed by NFTs. These are called NFT Indexes, or NFTi. These tokens can be traded on any exchange where regular BEP-20 tokens can be exchanged.
Visit the following links to learn more about Liquid Collectibles:
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