Ninja Squad Token

Ninja Squad Token ($NST) is the utility token that is given per diem to every NFT holder on the Ninja Squad platform. It is listed on SushiSwap, and in early 2022, there was a special token launch for holders. Consumers with $NST gained access to merchandise launches and also could earn 1 $NST for each NFT a user had. Ninja Squad has stated that in the second year, holders will earn $0.50 for each NFT. $NST will be allocated to the holders for two years and will have a 10 million market supply. The tokens can be used to unlock community rewards, shop for merchandise, and access an animated crypto/NFT education series. There is also a subscription service that can be accessed with $NST. This service, known as Ninja Squad Trader Hub, gives consumers access to education regarding cryptocurrency trading.

The company behind the development of the token has stated that future plans for it include utilizing it in play-to-earn games. Consumers will also be able to use the token for future NFT and networking events that are organized by the company behind $NST.