Highlights
- The distribution of the Spintop (SPIN) coin is expected next month and this could be a reason why it is gaining the attention of potential investors.
- The SPIN coin is the native utility token of Spintop Network's ecosystem, a gaming hub based on blockchain technology.
- The SPIN coin plays an important role in the platform's functions and is required to mint NFTs, create guilds, profile, and apply for scholarships
Ahead of its initial game offering (IGO), Spintop cryptocurrency is getting the attention of crypto enthusiasts. On Friday, November 26, the network announced that it completed the Airdrop event with global participants and winners will be announced on December 3.
What is Spintop crypto & how to buy a SPIN coin?
The distribution of the Spintop (SPIN) coin is expected next month and this could be a reason why it is gaining the attention of potential investors.
What is Spintop crypto?
The SPIN coin is the native utility token of Spintop Network's ecosystem, a gaming hub based on blockchain technology. The Spintop network uses the tools of Web 3.0 to provide a comprehensive experience for traders, investors and gamers.
According to the project's website, the Spintop network's ecosystem is designed to allow its users to exchange their reviews, SPIN coins, and non-fungible tokens (NFTs).
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The SPIN coin plays an important role in the platform's functions and is required to mint NFTs, create guilds, profile and apply for scholarships. Users can participate to stake SPIN tokens in the Spindex pools, the network's decentralized exchange or earn more tokens through the yield farms.
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The Spintop ecosystem comprises four products- Spindex, Gamepedia, NFT Marketplace and Guild Maker. It is based on the decentralized autonomous organization (DAO) governance model and the network's community members will be able to participate in decision-making.
The total supply of the Spintop crypto is one billion tokens and initial market capitalization would be $265,700.
Bottom line
The blockchain-based game projects generally launch their IGO on the Seedify platform. This platform acts as an incubator and launchpad ecosystem for blockchain-based projects and allows investors to access and invest in them without the need for a third party.
To get hold of the SPIN coin, an investor will have to first complete the Know Your Customer and the platform will take you through the process.