Teams, tokenomics and technical reviews about the Savvel Chain $SAVL project are here.
They describe themselves:
Savvel Chain is a decentralized NFT auction marketplace where everyone has a fair chance to discover,create and trade NFTs while earning more SAVL tokens
Launchpad AMM: Pancakeswap
Pre-Sale has some risks. Like minting, proxies and developer abandonment. Please DYOR (do your own research)
|Liquidity Lock||% 60 BNB raised liquidity lock|
Lock duration: 11 months
|Participation||Open to anyone|
|Max Spend per Account||5 BNB|
|Presale Price||218.579,23497268 SAVL / per BNB|
|Listing Price||196.721,31147541 SAVL / per BNB|
|Start||Mon 19 Apr 20:01|
|End||Wed 28 Apr 23:01|
Total Supply: 1.000.000.000 SAVL
it is good
- % 60 BNB raised liquidity
- 11 months liquidity lock time
- Presale price is lower than listing price.
it is not good
- Hude dev. wallet
- No KYC
- No audit
About the team
From White Paper
Savvel Chain is a decentralized NFT auction marketplace
The marketplace is regulated and controlled by the community itself hence it is fully decentralized.
- Stake & Earn: Users can stake their $SAVL tokens on the platform to earn interest, and the more they hold, the more they earn.
- Get rewarded: Get rewarded with more $SAVL tokens each time you participate and vote to decide the ideal starting bidding price for an NFT before a live auction takes place
- Several Profit: Each active member of the community benefits equally from the ecosystem.
% 59 of total supply (590.000.000) is locked(link). But only % 10 is locked for 12 months, other %49 is locked for 3 months. There is still %10 of total supply at the team. if team uses this amount effectively, it could be well.
If all of it will be distributed for marketing, it can be price fluctuation in the beginning of listed.
Considering that the NFT area is growing gradually, the target of the project is very well chosen. A promising field.
In their web site, there is a section “Market place”. When I click it, nothing happen.
The project is to create an NFT auction marketplace. Looking at the target, I expected the websites to be more attentive.
if you interest this project, leave a comment.👇
19 BNB collected. not reach softcap. failed.