The NFT boom is surging. The competition for NFT exchanges as a counterpart to traditional cryptocurrency exchanges is getting more and more fierce. Rarible, is the first exchange that issue coins, and opensea, which has received a16z million in financing and may issue coins in the near future, they are already extremely competitive, both gaining market recognition. In particular, rarible, which is despised by crypto art lovers, has been criticized for its arbitrary banning behavior, but after issuing coins, it has become the top three platform for crypto art. However, its tens of times increase also discouraged many NFT enthusiasts, and these people are looking for the next NFT exchange that issue coins in future.
It's coming. As the most powerful competitor of the next-generation NFT head exchange, RefactorerNFT aims to maximize the liquidity of the NFT. Based on the token RFT issued by the platform itself, it provides an interesting economic model: multi-sector dual Token circulating supply system and NFT liquidity mining, creating incentives for the entire NFT industry, and promoting more users to actively participate in production, trading, and holding NFT. This initiative is the first of its kind in the NFT industry.
I have read many analysis articles on NFT exchanges in the market before, and found a very important problem: Many NFT exchanges do not issue coins. Coins have pros and cons, but as long as they are used properly, the advantages far outweigh the disadvantages. Not only can it effectively solve the problem of how to solve the problem of liquidity in the industry, but it can also greatly promote the development of the platform itself. Among them, one of the most typical examples is RefactorerNFT, an NFT trading platform that has received million-level financing from numerous institutions and is about to issue coins.
Why are so many institutions competing to participate in the financing of RefactorerNFT platform currency RFT? Why has the platform reached an exclusive partnership with many crypto artists before it went live? Why have thousands of communities been built in just a few days? Let's know these main issues.
What is RefactorerNFT? It is an emerging NFT trading platform. This platform combines NFT and DeFi, and is committed to opening up the on-chain transfer of physical assets and covering the entire industry chain of the NFT market. Refactorer announced that it has received investment from leading institutions in the industry such as CMT DIGITAL and Bolliger.
Of course, we enter the crypto circle to make money. We only need to see what the token model looks like and how it works. As we all know, the reason why many projects cannot keep up with the average increase in the big bull market because the economic model of the project itself has greatly deviated from the economic law of project development. The unreasonable market circulation of tokens, resulting in extremely heavy market selling pressure, which in turn hurt the confidence of investors and the community, and seriously led to the death of the project.
However, the total amount of this project is still moderate, and there are no tens of billions and hundreds of billions of projects. The angel round has now completed the fundraising, and the private fundraising round is currently underway. There are very few quotas on the market at present, and the team is very cautious in private equity. There has not yet been a situation of confusion and overweighting of private equity prices for projects . The information disclosed by the public offering is being docked with the IDO platform. It can only be determined that the IDO platform may be DODO, DAOmaker, Polkastarter, etc. The details have not been released .
Functions of RFT:
Judging from the white paper, in order to better empower RFT and promote the rise of RFT prices. The platform itself incorporates all NFT production and trading links into the RFT incentive system.
Rights of RFT holders:
First, grant holders exclusive privileges, airdrop platform exclusive commemorative NFT artwork, game props, collectibles, etc. from time to time.
Second, enjoy the platform's quarterly dividend rights, and 50% of the platform's profits are shared with all RFT holders.
Third, support the transaction fee of the RFT payment platform, and other exchanges require a minimum of 5%. RFT is expected to reduce the transaction fee.
Fourth, participate in DAO governance and voting, including voting not limited to the use of platform operating funds and the admission of artists.
Fifth, there is a priority auction right for the platform's exclusive NFT.
In the future, the platform will further expand the rights and interests of RFT holders to maximize the stable value-added and value circulation of RFT. From the perspective of disclosure, RFT is worth investing, but limited to the strict private placement requirements of the project party, it is not easy to get the quota.
DAO governance
In order to better comply with the distributed characteristics of the blockchain, the governance of the platform will gradually be delegated to the community in the future, and the project party only reserves the right to execute and make proposals. There are two main aspects to adopting the form of DAO governance: one is for real anti-inflation assets on the chain (such as real estate and gold, etc.), a decentralized review committee needs to be established; two, the platform operation and liquidity mining are guaranteed to be part of the incentive token. Recently, the project is working on drafting governance plans simultaneously. The platform is launched and the DAO is also directly launched to gradually realize the decentralization of the platform and the community. However, users can also get token incentives for participating in governance.
NFT liquidity mining
At present, liquidity mining has been proven to be one of the effective methods that can partially effectively improve the liquidity of NFTs. But RefactorerNFT has been expanded and improved.
Traditional liquidity mining only provides incentives for a single homogenized token. However, with the improvement of functions in the future, RefactorerNFT will gradually support single NFTs, asset fragments, specific homogenized tokens split by a single NFT, and liquidity mining of RFT and RFC, which greatly enriches the reward types and platform value.
And in the future, the project party will build liquid mining pools in mainstream DEXs such as uniswap, Sushiwap, dodo, and solswap to provide corresponding mining services for different public chain users.
Compared with general DeFi project liquidity mining, NFT liquidity mining has stronger user relationship. Unlike users who only support high-value APY, the liquid mining pool created through NFT will have unique characteristics. Each single NFT liquidity mining pool increases the value of NFT.
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