Altcoins Talks - Cryptocurrency Forum
Learning & News => Announcements [ANN] => Tokens/Coins Offerings (ICO, IEO, etc.) => Topic started by: NFTrestake on January 30, 2022, 07:50:35 PM
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Its a totally new idea and Its pretty simple. By holding NFTrestake tokens, everytime an NFT gets sold on the marketplace, the provision gets redistributed back to token stakers.
2 things happens when an NFT gets sold on the marketplace:
1. the token price pumps
2. token gets redistributed back to the community
This is how It traditionally works today.
1. NFT gets sold for 100BNB, owner of NFT gets 98BNB
2. Owner of the website gets 2BNB as provision for the sold NFT
LETS CHANGE THE GAME…FOREVER!!
This is my idea.
1. NFT gets sold for 100BNB. Owner of NFT gets 98BNB
2. The 2BNB provision no longer goes to the owner of the website(me)
3. Instead the 2BNB is exchanged on pancakeswap for NFTrestake Tokens
4. ALL NFTrestake token gets redistributed to all the holders that stakes NFTrestake Token.
All this means that there is a constant buying of NFTrestake token on pancakeswap, the price keeps climbing! the stakers share every single one(100%) of the NFTrestake token traded from pancakeswap.
(https://i.imgur.com/8n2N33R.jpg)
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Super easy Q&A (please let me know if more questions should be added)
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@NFT.ReStake - Worlds first community owned NFT Marketplace!
What is NFTrestake?
NFTrestake is a community owned NFT marketplace.
This means that ALL PROFITS made by sold NFTs are redistributed back to the community.
Who is eligible to get profits?
Anyone staking @NFTrestake token is eligible to gain profits.
How does this actually work?
Its easy! The NFT artist gets his share (98%) when the NFT is sold.
Stakers of the @NFTrestake token shares the profit (2%)
How can i get @NFTrestake tokens?
Buy @NFTrestake tokens on PancakeSwap.
@NFTrestake tokens will be available on exchanges, but can only be staked using a BSC wallet(Metamask or equivalent).
When will the NFT marketplace be launched?
The marketplace will be released Q3 2022.
When will staking be available?
Staking will be available Q1 2023