According to the plan of the roadmap, the NFTMart mainnet has been officially launched on September 24, 2021. The launch of the NFTMart mainnet will be divided into three phases, namely: trial operation (September 24 to October 8, 2021), open operation (October 9~October 29, 2021) and launch of NFT transaction service (October 29, 2021).
During the trial operation phase, the main network will adopt a closed operation method and no external nodes will be opened. After the trial operation, the core functions related to mainnet tokens and governance will be fully opened, and the one-way NMT cross-chain (ETH → NFTMart) acceptance service will be opened, so that ordinary users who hold NMT can also participate in staking and governance voting. After a period of open operation, we will gradually launch and open NFT trading services. During the open operation period, we will promptly launch the pre-testnet user airdrop rewards and carry out various mainnet token airdrop campaigns. Welcome to join the NFTMart official community to keep abreast of the latest trends.
Token distribution instructions
* After the mainnet goes online, the position of each account will change with actual use;
Node and pledge mining
According to the agreement of the white paper, the target pledge rate of the NFTMart mainnet is 60%, and the expected annual inflation rate is 10%. With the pledge rate of 60%, the average annualized return of pledge is 16.5%.
The current NMT issuance is calculated at 100 million, and the target pledge token needs 60 million, but the current market is insufficient to circulate tokens. In order to avoid abnormal additional issuance of tokens, we will use part of the tokens of transaction mining and ecological funds for pledge to ensure that the pledge rate remains above 25%, and the corresponding annualized rate of return is about 22.5%.
During the trial operation, the main network will be set to a maximum of 5 nodes, all deployed by the development team. In order to better reward users, the official node commission will be set at 5% for a long time. After the open operation, we will gradually increase the number of nodes based on the pledge of candidate nodes, and give outstanding nodes additional token rewards based on the actual situation.
Airdrop Campaign
For users participating in testnet campaigns and users participating in testnet node recruitment, we will airdrop reward tokens during the open operation phase. The specific reward rules and time will be announced in the near future.
After the opening operation, we will also launch more mainnet token airdrop plans. For detailed rules, please follow the official community and social media channels.
Main chain token exchange
In the open operation phase (expected on October 8th), we will open the NMT one-way cross-chain (ETH → NFTMart) acceptance service to facilitate everyone to participate in pledge mining and on-chain governance. Before October 29, open NMT two-way cross-chain (ETH ↔ NFTMart) acceptance service. At the same time, we will actively communicate with the exchange to strive for the exchange to support the mainnet token deposit and withdrawal.
NFTMart is not only a main chain, but also an NFT ecosystem. Our ERC20 tokens on ETH will be retained for long term after the mainnet is launched and will provide two-way cross-chain acceptance services for long term.
NFTMart ecology
After the stable operation of the main network, NFTicket, Rainbow NFT Investment Fund, and Facebook NFT will be launched as part of the NFTMart ecosystem.
NFTicket
NFTicket is a decentralized NFT ticketing project involving early investment and incubation by the NFTMart Ecological Fund. NFTicket will rely on the NFTMart public chain as its infrastructure to provide decentralized NFT ticketing services for art institutions, blockchain activities, and meta-universe projects. As a brand-new team, NFTicket participated in the second summer Polkadot Hackathon and won the third prize. NFTicket will adopt the DAO model, through the management token NTT (NFTicket Token) for decentralized development and management.
Rainbow NFT Investment Fund
Rainbow NFT Investment Fund is an art foundation initiated and established by NFTMart, and is committed to NFT and blockchain the world’s top artworks. In response to issues such as the valuation of the NFT market and the difficulty of circulation, we invest and deploy top NFT works and artists in the form of foundations, incubating and supporting the growth of native NFT artists in the crypto world. We will become a bridge between global crypto artists and blockchain, creating a new incremental market in the field of art, and the foundation will adopt the DAO governance model.
Chinese Opera Mask Plus NFT (COMP NFT)
Chinese Opera Mask Plus NFT (COMP NFT) is a set of derivative NFT works based on traditional Chinese opera facial makeup initiated and promoted by NFTMart. The entire COMP NFT is minted in a completely decentralized, free, and random manner, and is currently issued on Ethereum. After the main network is stabilized, it will support cross-chain to NFTMart, and open gameplays such as reproduction, synthesis, and exchange transactions.
About NFTMart
NFTMart is a marketplace for NFTs based on the Substrate Framework.
It’s a fractional trading NFTs marketplace in the Polkadot ecosystem, with our own public chain. and we commit to being the most professional NFT marketplace in the world.
NFTMart is committed to being a low-cost-to-participate NFT marketplace, which provides users with NFT issuance and transaction services.
It is divided into two parts:
The first part nftmart.network is an open and decentralized NFT public chain, which delivers the issuance of NFTs and transaction data on the chain.
The second part is nftmart.io which we provide a fun, simple, accessible transaction experience for all. NFTMart is taking steps toward developing itself into a decentralized autonomous organization.
NFTMart will also establish an ecological fund to support third parties to expand NFTMart through interfaces, contracts, and other methods to achieve a more diversified NFT+ ecosystem.
Website : https://www.nftmart.io
Mart(Beta): https://beta.nftmart.io
Wechat： nftmartio
QQ-Group： 72296606
Twitter：https://twitter.com/NFTMartio
Medium: https://nftmart-io.medium.com/
Tele-Group: https://t.me/NFTMartOfficial
Tele-Channel: https://t.me/NFTMartChannel
Discord ：https://discord.gg/jNMeDvvvvR
