BSCDaily hosts NFTb: #NFTs #NFTb #BSCDaily #BSC
BSC_Daily Admin: Hello and welcome, how are you today?
Tommy: Today has been great so far – how are you?
BSC_Daily Admin: Happy to hear! Ready to start our AMA?
Tommy: Yeah! Let’s do it.
Q1: Now to start the AMA, team NFTb please have a quick introduction to the community. What made you decide to build NFTb?
Tommy: The idea for NFTb was born from the frustration of having to pay massive fees to buy, sell and create NFTs. However, in our journey to creating an NFT Marketplace that is accessible to all we discovered there are many more problems that need to be solved.
Some of these problems include:
– The lack of support for languages other than English on many NFT Marketplaces. NFTs have been an unprecedented source of income for many artists from developing countries. These artists are underserved with the current NFT marketplaces. We just launched multi-language support on NFTb to provide greater access for these artists.
– Access to buyers from other chains. Creators shouldn’t be restricted when it comes to who they do business with. The NFTb team is adding cross-chain support to enable artists to reach buyers on whatever platform they are on.
– Poor UX from open NFT platforms that try to support too many different types of NFTs at once.
However, since launching our NFT marketplace we found that there is also opportunity to apply these frustrations to improve Staking/Farming and Launchpads as well!
NFTb’s journey so far
NFTb originally launched as the First Premium NFT Marketplace on BSC. However, after speaking with many creators – we discovered that solving the issues of transacting with NFTs isn’t just about making an NFT platform that is easy to use but about creating a platform that enables creators and users to access opportunities in DeFi and engage their audience.
Recently, the NFTb team has been working hard to shift NFTb from being “the first premium NFT marketplace on BSC” to shift its focus on being “the complete multichain NFT and DeFi platform for communities”.
This means that unlike other projects that have added an NFT marketplace ad-hoc. NFTb is on a mission to help creators first take advantage of opportunities in the world of DeFi. In other words, we want to help creators of the world love using DeFi dApps, instead of inspiring a subset of DeFi enthusiasts to love NFTs.
NFTb is now much more than just a premium NFT marketplace. We have:
NFTb Market – A premium NFT marketplace where creators can access buyers from anywhere around the world and on multi-chains.
NFTb Earn – A DeFi platform giving users access to yield farming opportunities plus an AMM to become a liquidity provider in a variety of DeFi farms.
NFTb Launch – A first-of-its-kind NFT Launchpad created to help projects and creators mitigate the risk and accelerate the launch of their NFTs in a way that is fair for all.
But that’s not all! We’ve found that our user-centric approach to building platforms can be applied to other communities and blockchain ecosystems. This is why we have decided to take our platform multi-chain and expand the NFTb Platform for Gamers!
Q2: Please share with us the background of the team behind this project. What are your past experiences?
Tommy: NFTb’s team consists of about 15 full-time equivalent team members from all around the globe. We have employees that have lead projects for Amazon and HP.
All 3 of our Founders have come from a technical background and have experience working for venture capital firms.
We are a team that believes in user focussed products, this is why we have chosen to focus on the niche of premium art on BSC before expanding further into gaming, other DeFi products and other blockchain ecosystems.
Q3: We see that you recently announced NFTb Gaming – How does that work? Can you give us more details about that?
Tommy: Definitely – I am super excited about NFTb Gaming.
Last week, we announced NFTb Gaming, a Cross-Chain NFT and DeFi Platform for Gamers, created to empower gamers to unlock the value of owning gaming collectibles.
NFTb Gaming implements NFTb’s design philosophy and technology stack for gamers. This includes introducing more powerful social and marketplace features that gamers expect. We will also be redesigning the UI to ensure that features that are needed for gaming users are easily accessible.
As a gamer myself, I feel that current NFT marketplaces lack a great experience for users looking to list or purchase Gaming NFTs.
NFTb Gaming will introduce innovations such as:
1. Cross-Game Atomic Swaps, which will enable gamers to take their hard-earned gaming collectibles to their next game. Gaming projects will also be able to use NFTb Gaming to build community by encouraging users to ‘transfer’ their progress from one game to another.
– Project A wants to attract community from Project B
– Project A shares a whitelist of rare in-game NFTs that can be redeemable by transferring and burning an equivalent (whitelisted) NFT from Project B
2. Renting out your in-game NFTs. NFTb is building a feature, which will enable gamers to unlock the value of their unused gaming collectibles by renting them out.
The key takeaways here are:
1. We are building an NFT Marketplace for gamers with powerful social and gamification features (like Steam). We believe that by expanding to adjacent markets (NFT verticals) and building user-centered products, NFTb is in a strong position to attract the most users (which open NFT marketplaces can’t replicate).
2. We are building a DeFi platform for gamers to unlock the value of owning gaming collectibles.
3. NFTb Gaming will act as a gateway for Gaming Projects and communities to move between blockchain ecosystems.
Q4: I see the launchpad is coming soon. Can you give us some details about it? What projects will be accepted there?
Tommy: The recent success of NFT collections like CryptoPunks as well as our very own Bored Clowns Collection by Rzijj has inspired many artists to create more high-quality resource-intensive NFT projects. NFTb Launch is the first of its kind NFT Launchpad created to help projects and creators accelerate and mitigate the risk of launching their NFTs in a way that is fair for all.
With NFTb Launch, creators and projects can build early community through an Initial NFT Offering (INO). For creators and projects, this represents a unique opportunity to lower the risk of entry for creating resource-intensive NFT projects.
We think the INO model will appeal to Creators as this is something they have seen before from organizations such as Kickstarter.
NFTb has found a unique way to incentivize and reward all NFTB token holders access to exclusive NFT and project launches. while helping creators and projects generate interest for their work.
We’ve secured 8 Play2Earn Gaming partners that will use NFTb Launch. Here are a few:
– CryptoTycoon (built by an ex-Tencent team)
– Drunk Robots (created by the team behind Liquidity)
– Infinity Skies
Q5: Let’s dive into your token $NFTb. Can you share with us your tokenomics? What are some of the $NFTb use cases? Does it get audited?
Tommy: You can view the full tokenomics for NFTb here – nftb.io/about/
NFTb is built to reward creators and platform users. The $NFTB token is designed to reward all network participants.
There are also many ways to use the $NFTB token, which include:
– Platform fee discounts
– Governance
– Platform services (advertising and promotions)
– Staking and Liquidity Mining
– Integrations with BSC based platforms on accepting $NFTB as a payment token
– Used to participate in NFTb Launch
We recently announced an aggressive token burn that happens every month. This will result in 25% of all tokens held by the NFTb Foundation to be burnt in the next 2 years.
NFTb’s Smart Contracts have been audited by Hacken.
Q6: Let’s talk about partnerships & influencers that you are collaborating with.
Tommy: I forgot to mention that NFTb is a project backed by Binance, this means that we have been able to benefit from a few unique opportunities to collaborate.
NFTb has been successful with working with partners in delivering value for our users. Some good examples are:
– Our partnership with CoinMarketCap to launch an exclusive series of limited-edition digital art NFTs created by the platform’s top artists. Every month, NFTb will offer a limited-edition NFT created by a top creator for users to collect.
– Our partnership with BSC community to host an NFT giveaway for the BSC Anniversary Event with BakerySwap
– Our partnership with Watsi (a Tencent-backed charity) to empower creators to be able to donate to their charity.
In terms of supporters, we have a wide network of supporters. KSI is an investor in the NFTb project.
Q7: How is the NFT Marketplace Performing? Are artists earning from using NFTb?
Tommy: We’ve seen a huge uptick in sales since the NFT craze, artists that have created NFT series or collections have benefited the most on our platform. This is expected to grow quickly as NFTb launches on Polygon, Cardano and Solana. We will very soon announce a partnership with an NFT agency to bring creators and celebrities from SEA creates NFTs on NFTb.
Since launching only 3 months ago, several of our top creators have sold over 50 BNB in Digital Art. Many of these artists have never created NFTs before joining NFTb.
Q8: Can you share your Roadmap & Marketing strategy in the next 6 months?
Tommy: We actually will announce an updated roadmap later today (if not tomorrow) that will show a new set of features that have been added to our roadmap.
A few exciting coming up on our roadmaps are:
– Binance NFT Integration
– $NFTB as a Payment on our platform
– Polygon Integration
– NFTb Gaming
Our focus in the short to medium term is to continue to deliver on our roadmap for the NFT Marketplace, add more DeFi instruments on NFTb Earn and launch projects and NFTs for our Creators/Projects for NFTb Launch. NFTb will also engage more in marketing on other blockchain ecosystems.
Q9: Where can we find out more about NFTb on social media?
Tommy: you can learn more about NFTb here:
Website: nftb.io/
Telegram: t.me/nftbcommunity
Twitter: twitter.com/nftbmarket
Medium: blog.nftb.io/
Instagram: www.instagram.com/nftb_market/
BSC_Daily Admin: With this, we are now at the end of our AMA session with NFTb.
Time for wrapping up, any last words you would like to say to our community?
Tommy: Thank you for having me – we’ll be back soon when we have another major update.
BSC_Daily Admin: Thank you so much for spending time with our community & all the very best for NFTb.
Source : bscdaily
