Article Summary, Automatically Generated By AI
About Quidd
Key Points
- The QUIDD token provides utility in purchasing and minting NFTs, staking programs, and Quidd’s Collect-To-Earn economy.
- Token uses include real purchase utility, staking for collector superpowers, earning through airdrops, and supply-side governance.
- Quidd was co-founded by Michael Bramlage, who previously ran the digital division at Topps.
- The project is backed by Sequoia Capital and is part of the Animoca Brands family of companies.
- The QUIDD token is unique due to its pioneering of digital collecting with officially-licensed collectibles from 325 brands and 7 million collectors.
- The total supply of
About Quidd: Empowering a New Era of Digital Collectibles
The Role of the QUIDD Token: Unlocking a New Era of Decentralized Finance
The QUIDD token is meticulously crafted to empower Quidd collectors with enhanced utility, facilitating seamless purchases and minting of NFTs, while also unlocking additional benefits through staking programs and lucrative opportunities within Quidd’s innovative Collect-To-Earn (C2E) economy framework.
Here are some additional applications of the token:
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Unlock Real-World Utility: By leveraging $QUIDD, millions of buyers and sellers worldwide can seamlessly price and settle transactions, moving beyond traditional fiat-based systems. As an added benefit, $QUIDD holders can enjoy discounted aftermarket sales fees and exclusive early access to NFT drops.
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Staking for Unparalleled Collector Privileges: Holding and staking $QUIDD unlocks tangible value. Advanced collectors can stake their tokens to gain exclusive access to professional-grade tools and services, including wholesale purchase bidding, storefront analytics, and discounted sales fees. $QUIDD holders can unlock new, cutting-edge functionality tailored to digital collectors.
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Rewarding Positive Behavior: Quidd collectors can earn additional $QUIDD by engaging in activities that foster long-term value creation, rather than relying solely on weekly trading activity, which can lead to wash trading. This approach encourages healthy behavior and rewards collectors for their positive contributions.
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Decentralized Governance: Proportional to their holdings, token holders can exercise their voting power to determine the allocation of Quidd’s content and licensing budgets. By doing so, $QUIDD token holders actively participate in production decisions, protecting the value of their existing collectibles by influencing future supply. In essence, vote your $QUIDD to shape the future of NFT drops!
Unlocking Seamless Transactions: We’re empowering a global network of millions of buyers and sellers to seamlessly price and settle transactions in $QUIDD, moving beyond traditional fiat currencies. As a token of appreciation, $QUIDD holders can enjoy discounted aftermarket sales fees and gain exclusive early access to coveted NFT drops.
Unlocking Collector Supremacy through Staking: The value of holding and staking tokens is palpable. Notably, seasoned collectors can leverage their $QUIDD stakes to gain privileged access to premium, professional-grade collector tools and services. These exclusive benefits include bidding on wholesale purchases, utilizing storefront analytics, and enjoying volume discounts on sales fees. By staking $QUIDD, digital collectors can unlock unprecedented functionality, elevating their collecting experience.
Earning! Let’s delve into airdrops! Quidd collectors can accrue additional $QUIDD by engaging in activities that foster sustainable value, diverging from the conventional approach of relying solely on weekly trading activity, which often perpetuates wash trading. Consequently, $QUIDD can be earned through virtuous behavior.
In a pioneering display of supply-side governance, token holders wield significant influence, with voting power proportionate to their holdings. By exercising their voting rights, $QUIDD token holders assume an active role in shaping production decisions, thereby safeguarding the value of their existing collectibles by regulating future supply. In essence, harness the power of your $QUIDD to dictate the trajectory of the next NFT drop!
The Visionaries Behind the Project: Meet the Founders
Quidd was co-founded by Michael Bramlage, a visionary entrepreneur who previously helmed the digital division at Topps, the venerable American baseball card company. Under his leadership, he successfully established a pre-NFT franchise that generated an impressive $125 million in digital trading card revenue.
Notably, Quidd, initially backed by the esteemed venture capital firm Sequoia Capital, is now a valued member of the esteemed Animoca Brands family of companies.
Meet the Visionaries Behind the Project
Meet Michael Bramlage, Co-Founder and Chief Executive Officer
Yat Siu, Executive Chairman and Co-Founder of Animoca Brands
Unveiling the Unparalleled Quidd and Quidd Token Experience
The QUIDD token serves as the official utility token for the QUIDD ecosystem, a pioneering force in digital collecting that has been thriving for five years. With a vast repertoire of officially-licensed collectibles from over 325 of the world’s most revered brands, QUIDD has garnered a devoted community of 7 million collectors. The QUIDD token is specifically designed to empower QUIDD collectors and creators, offering enhanced utility within the QUIDD app, including the purchase of NFTs and collectibles, governance, trade, as well as innovative create-and-collect-to-earn programs, all facilitated by the QUIDD token.
The Circulating Supply of Quidd Tokens: A Closer Look
The total supply of QUIDD is capped at a fixed 1,000,000,000 tokens, minted in a single batch. Notably, there are no provisions for subsequent minting or burning, ensuring that the total supply of QUIDD will forever be capped at 1,000,000,000.