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Our NFT Access Keys

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NFTs as Tiers System

The Vital Concepts Behind Parasol

Non-fungible tokens, or NFTs, are the latest cryptocurrency phenomenon to go mainstream in the industry. Non-fungible tokens, or NFTs, are pieces of digital content directly stored to the blockchain.

They are unique, non-interchangeable, and can represent real-world objects like art, music, video games, and much more. NFTs cannot be replicated on a whim.

They can be traded on a marketplace, staked on a platform, or utilized for many interesting purposes. Which brings us to Parasol Finance’s utility NFTs.

Parasol Finance is adopting a unique and never-before-seen mechanism for our upcoming IDO launchpad.

One of the first use cases we are currently planning with Parasol NFTs is that they will act as keys that unlock access to exclusive communities, events, and most importantly, IDO allocations. These NFTs will represent a user’s share of upcoming IDO sales and will be directly used to purchase IDO tokens based on the user’s NFT.

This distinctive feature will set Parasol Finance apart from the crowd by providing the Parasol community with unparalleled utility for NFTs.