Live SUPER Price Overview
The current SuperFarm (SUPER) price is $0.6563, with a 24-hour trading volume of $8,469,468. Over the past day, the price has increased by 4.54%, and it has risen by 7.67% in the last week. The market capitalization stands at $397,359,577, with a circulating supply of 605,495,947 SUPER coins. SuperFarm currently holds the #108 rank in the cryptocurrency market.
Compared to its all-time high, the price is down by 86.13%, while it remains 2,884.53% above its all-time low. All data and prices are updated in real-time to reflect the latest market movements.
What Is SuperFarm?
SuperFarm (SUPER) is a utility token native to the SuperFarm ecosystem—a cross-chain platform designed to facilitate the creation of NFT farms. It operates on the Ethereum network.
The SUPER token was initially launched through an Initial Dex Offering (IDO) on the Polkastarter platform. It serves multiple purposes within the SuperFarm ecosystem, acting as a medium of exchange for platform purchases and covering transaction fees. Additionally, SUPER is used in staking mechanisms, allowing users to earn crypto rewards or NFTs by locking their tokens. It also functions as a governance token, enabling holders to vote on proposals that shape the project’s future.
The maximum supply of SUPER tokens is capped at 1,000,000,000, distributed as follows:
- 25% for Staking
- 15% for P2 Strategic
- 10% for P3 Lottery
- 10% for Ecosystem
- 10% for Development
- 10% for Co-founders and Advisors
- 9% for P1
- 5% for Seed
- 5% for NFT Drops
- 1% for Liquidity Pool
As a cryptocurrency, SUPER is subject to market volatility. For the latest price trends, refer to real-time charts and historical data.
Key Features of SuperFarm
SuperFarm is an NFT marketplace offering a suite of services, including NFT farming, NFT generation, and a customizable marketplace. Users can create their own NFT farms powered by custom tokens, deploying both tokens and NFTs with personalized rules and parameters.
The platform enables the creation of ERC-20 tokens and NFTs without requiring technical knowledge, making it accessible to a broad audience. It also allows users to link NFTs to games, bridging the gap between gaming and cryptocurrency. Beyond creation, users can buy, trade, and farm NFTs seamlessly.
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Development Team and Background
SuperFarm was launched in 2021 by Super Studios Inc., a blockchain-based gaming company co-founded by entrepreneur Elliot Wainman, who serves as CEO. The team has developed a Play-to-Earn gaming platform called Impostors and is currently working on an NFT marketplace named Gigamart.
Elliot Wainman holds a Bachelor of Arts from the University of California and has prior experience at firms like Kennedy Wilson and Tictoklabs Inc. He also runs a YouTube channel, EllioTrades Crypto, focused on cryptocurrency content.
During its initial private funding round, SuperFarm raised approximately $1.1 million, with backing from investors such as Bitcoin.com, GBV Capital, Animoca Brands, Spark Digital Capital, and Solidity Ventures.
Frequently Asked Questions
What is SuperFarm (SUPER) used for?
SUPER is a utility token for the SuperFarm platform, used for transactions, staking, and governance. It enables users to participate in NFT farming, earn rewards, and vote on project decisions.
How can I stake SUPER tokens?
You can stake SUPER tokens to earn crypto rewards in SUPER or NFTs. The process involves locking tokens in the platform’s staking mechanism, with rewards distributed based on staking duration and amount.
What makes SuperFarm unique?
SuperFarm stands out for its user-friendly NFT and token creation tools, cross-chain compatibility, and integration with gaming. It requires no technical expertise, making it accessible for beginners.
Who founded SuperFarm?
SuperFarm was co-founded by Elliot Wainman through Super Studios Inc. The project gained support from several prominent investors in the crypto space.
What is the total supply of SUPER tokens?
The maximum supply is 1 billion SUPER tokens, allocated for staking, ecosystem development, team incentives, and liquidity.
How volatile is SUPER’s price?
Like most cryptocurrencies, SUPER experiences price fluctuations. For updated trends, monitor real-time charts and market analysis.