. Project overview

0 23
Avatar for Epicnftstore
2 years ago

PROJECT OVERVIEW: WHAT IS NFTRADE?

NFTrade is the first cross-chain and blockchain-agnostic NFT platform. It is an aggregator of all NFT marketplaces and host the complete NFT lifecycle, allowing anyone to seamlessly create, buy, sell, swap, farm, and leverage NFTs across different blockchains. Using NFTrade, anyone can gain access to the entirety of their NFT collection, unlocking the total value of the NFT market. Currently, NFTrade is the top NFT marketplace on Avalanche and the second largest on Polygon, with growth in BSC and Ethereum usage as well.

2.A. GO-TO-MARKET STRATEGY

By offering unique value-adding features such as multi-chain accessibility (with cross-chain accessibility coming soon), P2P swaps, NFT farming, and zero transaction fees for the first 6 months of operations, NFTrade can provide intrinsic value to DeFi and NFT project communities that are looking for a more interactive and community-focused platform. By integrating viable collections and projects from multiple chains, ir can introduce their communities directly to NFTrade.

2.B. PRODUCT VIABILITY

As an NFT aggregator, many of the smaller and established NFT platforms are not direct competition, as it will be able to host their NFTs for sale and swapping using NFTrade.

NFTrade takes all the features missing from top marketplaces and platforms and introduces them in one easy-to-use platform. For example, escrowed NFT swapping is essentially non-existent, forcing users to trade OTC in a highly risky manner. NFTrade fixes this with trustless P2P swapping, which will eventually extend to cross-chain capabilities.

Taking NFTs to a new level

There is also major segmentation between blockchain networks and native NFTs, with new NFTs created across a variety of top platforms like Ethereum, BSC, Flow, Avalanche, and more. Currently, there is no way for NFT users to take advantage of the entire marketplace, with only trading on the native chain available. NFTrade expands on this problem, making it much easier to establish NFT liquidity across a much broader user base.

3. PRODUCT ROADMAP

4. REVENUE STREAMS

5. TECHNOLOGIES USED BY THE PROJECT

Solidity - Ethereum exchange Smart Contracts architecture

Rust, C and C++ - Wax and Solana exchange Smart Contracts architecture

Python - Image manipulation, AI and job processing

Cadence - Flow exchange Smart Contracts architecture

TheGraph - Query NFTs across different EVMs blockchains

Node.js - JavaScript runtime built on Chrome's V8 JavaScript engine - used as NFTrade's API

Kubernetes - Automating deployment, scaling, and management of the API

IPFS Cluster - Decentralized storage for minted NFTs

NFTrade's Protocol - Set of Smart contracts for exchanging NFTs on different blockchains

AWS - Cloud infrastructure (Redis, Cloudfront, S3, EC2, RDS Postgres, EKS, etc..)

CloudFlare - Content delivery services, internet security and DDoS mitigation

React, Redux, Next.js, web3.js, jest - Frontend application

Socket.io - Browser notifications

Cloudinary - Cloud-based image and video management services, used as a caching service of NFTs on NFTrade

6. TEAM

7. PARTNERS

8. TOKEN ECONOMY

NFT token holders receive three main benefits: governance rights, a discount on platform transaction fees, and the ability to stake for exclusive collectible and utility-based NFTs.

9. DETAILED TOKEN METRICS

Private SaleFundraised:$3,888,750Price:$0.10Lock-up:15% unlocked at the TGE, 3 months cliff, then 5.3125% on a monthly basis

Public SaleFundraise:$600,000SEED SHO:$495,000 + $5,000 Community roundPrice:$0.10Lock-up:20% unlocked at the TGE and 20% on a monthly basis

10. TOKEN DISTRIBUTION

11. TOKEN RELEASE SCHEDULE


1
$ 0.00
Avatar for Epicnftstore
2 years ago

Comments