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NFMart (NFM): Simplifying NFT Market Construction with Generative AI

远山洞见2024/07/20 03:59
By:远山洞见
I. Project introduction
 
NFTMart is a decentralized NFT trading market that allows anyone to easily build and customize their own NFT market without any programming knowledge
 
NFMart provides a complete set of tools and templates that enable users to design and build NFT markets based on their unique needs and target markets. Unlike traditional NFT markets, NFMart gives creators full control, from the appearance and branding of the market to trading rules and community participation, users can customize according to their own needs. For example, users can set royalties, ownership rules, and sales restrictions to meet the needs of specific communities.
 
The goal of NFMart is to promote the widespread adoption of NFTs by simplifying the creation process of the NFT market, reducing technical and financial barriers. Users can fully control their market, from brand design to sales mechanisms, to meet the needs of specific target audiences.
II. Project highlights
 
1. Ease of use and accessibility: Anyone can easily create and customize NFT markets without programming knowledge.
 
2. Generative AI support: AI helps users with market design, brand building, and copywriting, improving creative efficiency.
 
3. NFM Token Versatility: Tokens are used to pay platform fees, unlock advanced features, incentivize customer engagement, and Platform Governance.
 
4. Decentralized governance: Users can participate in platform decisions to ensure fairness, transparency, and efficiency.
 
With these advantages, NFMart is committed to becoming the core platform driving the widespread adoption of NFTs, providing users with a powerful and flexible NFT market creation tool.
III. Market value expectations
 
NFMart, as a platform for creating and managing NFT markets without programming knowledge, fills an important gap in the market. Similar to Squarespace's role in website construction, NFMart enables anyone to participate in the NFT ecosystem.
 
Integrated generative AI not only simplifies market design and brand building, but also generates diverse NFT content. This technological advantage will attract more creators and users, increasing the active level and stickiness of the platform.
 
NFM tokens have a wide range of applications both inside and outside the platform, promoting active user participation and platform development. Token functions include payment of transaction fees, marketing activities, service payments, discounts and Loyalty Programs, unlocking exclusive features, etc., ensuring the actual value and wide application of tokens.
 
Considering the above factors, the initial circulation market value of the superimposed project is only 1.67 million US dollars, which is reasonable to expect bullish in the future.
 
IV. Economic model
 
NFM tokens are the backbone of the NFMart ecosystem. Users can use NFM tokens to pay for basic functions, such as transaction fees when purchasing NFTs, marketing fees for promoting their market on the NFMart website, newsletters, and other promotional channels. This creates a seamless and efficient trading environment, reducing the friction usually associated with using fiat currency on decentralized platforms.
 
Users who continue to use NFM tokens to pay transaction fees and marketing services may accumulate points, which can elevate them to a higher loyalty level. This level can provide them with exclusive promotional opportunities or special discounts on platform services, forming a virtuous cycle of participation and rewards.
 
The total number of NFMart tokens is 10 billion, and the specific distribution is as follows:
 
Content Partners Operations: 22.5%, linear release over 20 months.
 
Strategic Investors Partners: 20%, 12-month cliff period + 20-month linear release.
 
Development (R D): 11.6%, linear release over 20 months.
 
Ecosystem: 10%, 6 months cliff period + 20 months linear release (5 billion tokens will be released when listed on the exchange).
 
Marketing: 10%, 6 months cliff period + 31 months linear release (initial 22.50 billion tokens for airdrop and exchange listing).
 
Team, Advisor and Partner: 10%, 12 months cliff period + 20 months linear release.
 
Liquidity: 8.75%, 36-month cliff period + 20-month linear release.
 
Backup Ecosystem Dev: 7%, 21 months cliff period + 20 months linear release.
 
Reserve: 0.083%, 36-month cliff period + 20-month linear release.
 
NFMart's economic model aims to balance short-term incentives and long-term Sustainability. The strict lock-up and linear release mechanism of tokens ensure market stability and avoid market fluctuations caused by sudden circulation of a large number of tokens. The core team and strategic investors account for a total of 30%, reflecting the confidence of the team and investors in the long-term development of the project.
 
The proportion of content partners and operations is 22.5%, ensuring sufficient operating funds and cooperation resources for the platform in the initial stage. The R D and ecosystem parts account for a total of 21.6%, ensuring the platform's continuous innovation and ecosystem development. The marketing part accounts for 10%, used for promotion and increasing the platform's user base.
 
V. Team and financing
 
So far, due to confidentiality considerations, mainstream media, project websites, and white papers have not disclosed detailed team information and specific financing details of the NFMart project.
 
VI. Risk Warning
 
1. The cryptocurrency market is volatile, and large price fluctuations may lead to investment losses. Therefore, cautious decisions should be made and market risks should be fully understood.
 
2. As a blockchain-based platform, NFMart may face technical risks such as smart contract vulnerabilities and hacker attacks.
 
VII. Official links
 
Website: https://nfmart.co/
 
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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