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Effective URL: https://blog.nftb.io/nftb-announces-phase-3-0-the-big-burn-and-the-move-into-gamefi-metaverse-be6e840a975c?gi=fefde69...
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Effective URL: https://blog.nftb.io/nftb-announces-phase-3-0-the-big-burn-and-the-move-into-gamefi-metaverse-be6e840a975c?gi=fefde69...
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Open in app Sign up Sign In Write Sign up Sign In Published in NFTb NFTb Follow Dec 5, 2022 · 4 min read · Listen Save NFTB ANNOUNCES PHASE 3.0 — THE BIG BURN & THE MOVE INTO GAMEFI & METAVERSE Community Translations — Türkçe, Tiếng Việt, Español, Русский, 汉语, Indonesian, France, العربيه Crypto gaming is touted as the next significant leap forward in the digital space, offering a massive 3-dimensional social experience that allows users to engage in activities within a virtual world. Since its inception, NFTb has been constantly evolving with a focus on building quality products & providing the web3 community with new verticals to grow into. Expanding from being the leading NFT Launchpad & Marketplace on Binance, the platform is now fully integrated on Ethereum, Polygon, and Klaytn networks with Oasis integration being in the works. To accelerate NFTb’s further growth in GameFi, the team decided to update the token burn mechanics with the first-ever community-initiated vote in NFTb’s history. PHASE 3.0 🎮 Deciding on the 25% token burn of the total supply, the first-ever community vote is happening in the upcoming days and it’s up to the NFTB token holders to take part in this historical process. > “To burn a substantial chunk of our total supply will help to bring more value > to the community. We want to reaffirm the team’s commitment to driving > innovation within blockchain gaming while also supporting early to mid-stage > start-ups looking to improve their ecosystem. > > The team feels confident that the launch of NFTb Phase 3.0 and expanding into > GameFi & Metaverse verticals will create more demand and utility for the $NFTB > token. > > “Our vision is heavily backed by the leading L1 chains and we are well > equipped to facilitate early-stage funding for gaming communities by > amplifying them through our Launchpad and gaming MetaMarket,” stated Mr Esen, > NFTb’s COO. WHAT TO EXPECT 🚀 Over the next 6 weeks, we’ll share more details on the new & exciting developments for NFTb 3.0: - Updated roadmap - Tokenomics revision - Increased utility for $NFTB - New multichain gaming & metaverse platform - Media & Research HUB - Increased focus on blockchain gaming - Layer 1 & 2 ecosystem partnerships - Expansion of local communities & global reach - Social Marketplace: first-of-its-kind features in the ecosystem - KYC requirement for Launchpad users ✅ - New Ambassadors Program ✅ > 1. Join the first-ever community vote in NFTb’s history: > 💸Buy $NFTB on Kucoin > 🪙Stake $NFTB to get more voting power > 💰Vote on 25% token burn of the total supply > > 2. We’ll open the highest-ever staking pool tomorrow to support the token burn > voters: > 💰120% APY > 🗓️6 Dec, 10am UTC > 🔒14 days staking The team will release a detailed blog post explaining how NFTB token holders can take part in the upcoming NFTb Governance vote and will give step-by-step instructions on how to execute a vote on the platform. This is the first community-driven and decentralized decision in NFTb’s history. As an NFTB token holder, you’ll get to decide whether to burn 25% of NFTB tokens or in other words, destroy and never used them again. The vote will allow the token holders to decide the destiny of the treasury tokens (more details about the old Token Burn Mechanics 2.0 can be found here). The previous update to the Token Burn Mechanics 2.0 has resulted in more than a 650% increase in the number of tokens burned. More information about NFTb’s updated roadmap and tokenomics will be released shortly. ABOUT NFTB NFTb is a multichain Gaming & Metaverse platform for digital ownership, empowering GameFi projects with the ability to distribute & raise liquidity. Backed by Binance Labs, Polygon Studios, Klaytn Foundation & Oasis Protocol, NFTb is well equipped to facilitate early-stage funding or GameFi communities by amplifying them through NFTb Launchpad, gaming MetaMarket and staking vault offering. NFTB provides support for early and mid-stage web3 projects through their incubation programs & accelerator grants with Klaytn & Polygon. Website | Telegram | Twitter | Medium | Discord Nftb Gamefi Tokenburn Governance Token Nft Marketplace 56 56 56 MORE FROM NFTB Follow NFTb is the Complete Multi-chain DeFi and NFT platform for Communities. Our mission is to help creators get comfortable and love using DeFi dApps. NFTb ·Jan 26 NFTB UPCOMING 25% TOKEN BURN & UPDATED TOKENOMICS To accelerate NFTb’s further growth in Web3 Gaming, the NFTb Foundations has decided to update the Token Burn Mechanics by initiating Governance Voting on the NFTB Token Burn. In early January, the first-ever Governance Voting was launched with more than 3000 token holders voting in favor of a 25% token… Nftb 3 min read Nftb 3 min read -------------------------------------------------------------------------------- Share your ideas with millions of readers. Write on Medium -------------------------------------------------------------------------------- NFTb ·Nov 21, 2022 NFTB FOLLOWS BINANCE BY IMPLEMENTING KYC, OFFERING 200 $NFTB IN REWARDS Community Translations — Türkçe, Tiếng Việt, Español, 汉语, Indonesian, اردو ,فارسی NFTb has always been fully committed to the users’ safety and funds. When it comes to protecting its users & compliance requirements, NFTb takes its role very seriously. Apart from just meeting the compliance obligations, KYC (Know Your Customer)… Nftb 5 min read Nftb 5 min read -------------------------------------------------------------------------------- NFTb ·Oct 26, 2022 NFTB INTRODUCES A LAUNCHPAD PROTECTION POLICY TO PROTECT ITS COMMUNITY Community Translations — Türkçe, Tiếng Việt, Español, Русский, 汉语, Indonesian, فارسی ,العربيه The NFTb Launchpad team stays on top of its game by constantly rolling out new safety features that make it a desirable choice for new users wanting to enter the early stages of token launches or IDOs. Users… Launchpad 5 min read Launchpad 5 min read -------------------------------------------------------------------------------- NFTb ·Sep 29, 2021 NFTB AND BINANCE NFT COLLABORATE TO IMPROVE THE LIQUIDITY OF HIGH-VALUE DIGITAL ASSETS Community Translation —Italiano, Русский, Türkçe, Tiếng Việt, Español, 한국어, 汉语, Indonesian, اردو ,فارسی Earlier this year, ‘The First 5000 Days’ by Winkelmann was auctioned for $69 million. As the world realizes and embraces the value of owning NFTs as an asset, users are demanding greater liquidity access and creators are… Partnerships 3 min read Partnerships 3 min read -------------------------------------------------------------------------------- NFTb ·May 29, 2021 4 WAYS TO WRITE A BETTER DESCRIPTION TO ENTICE BUYERS TO LEARN ABOUT YOUR NFT A description on a NFT listing is the copy that explains what the NFT is and why it’s worth purchasing. The purpose of a description is to inform potential buyers with information that they care about such as it’s story of the product so they’re compelled to buy. Have you… Education 3 min read Education 3 min read -------------------------------------------------------------------------------- Read more from NFTb AboutHelpTermsPrivacy -------------------------------------------------------------------------------- GET THE MEDIUM APP NFTB 3K Followers NFTb is the Complete Multi-chain DeFi and NFT platform for Communities. Our mission is to help creators get comfortable and love using DeFi dApps. Follow MORE FROM MEDIUM TrIIx ✨ 14 BEST PLAY TO EARN GAMES FOR 2023 Pantera in The Crypto Kiosk HERE’S HOW TO EARN CRYPTOCURRENCY IN 2023 WITH NO INVESTMENT Jessica Doosan 5 AI COINS FOR THE NEXT CRYPTO TREND Max Yampolsky in DataDrivenInvestor 9 HIDDEN WEB3 TRENDS TO WATCH IN 2023 Help Status Writers Blog Careers Privacy Terms About Text to speech To make Medium work, we log user data. 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