NFPrompt is the newest name to appear on Binance Launchpool. The project also promises to bring new large Airdrop potential with 10% of the total supply devoted to this activity.
So what is outstanding about the project?
Let's find out more!
What is NFPrompt?
NFPrompt is the first Artist Platform in Web3, enabling the creation of Non-Fungible Token powered by AI.
This is a Web3 tool that allows users to become content creators and establish a way to monetize their work through AI tools.
NFP fully utilizes the advantages of blockchain technology in the contemporary art industry. With NFPrompt users can fully leverage their creativity through convenient tools while ensuring verifiable ownership of the artwork.
Read more: Binance lists NFPrompt (NFP) on Binance Launchpool
Outstanding features of the project
$cNFP
This is a synthetic Token that represents the native Token , NFP coin.
Here are the ways to receive this Token and its Vai in receiving Airdrop :
- Log in daily: Just log in for 7 consecutive days, users will receive rewards.
- Referral: For each person referred, the user will receive 2 credits, and can refer a maximum of 5 friends per day.
- Mint Non-Fungible Token: For each Non-Fungible Token Mint , the user will receive 5 credits, a maximum of 10 Non-Fungible Token can be Mint .
- Volume: Maximum value is 3 BNB volume, this is also where users can get the most points.
- Join Discord: Users will receive 5 credits when joining here.
- Follow on Twitter: Users will also receive 5 credits for participating here.
- Weekly cumulative rewards: There will be a ranking of those with the highest credit scores, the Top 10 will receive rewards.
- Additional rewards from Galxe: If a user participated in the Galxe campaign in May and earned OAT, they will be eligible for a special one-time reward and the Maestro Vai in NFPrompt. As an early backer, they will receive 50 credits.
To create Non-Fungible Token artworks and Mint on NFPrompt, users will need to spend 1 credit per piece. The more Mint , the higher the score to receive Airdrop Token .
Experience no Gas Price
At this stage, NFPrompt wants to encourage its users to create more AI Artworks. NFP will provide each user with a 100% discount on Gas Price every day during the campaign period, and the campaign is only for popular platform transactions (Mint and List, Collect…).
Earn income in NFPrompt
NFPrompt allows users to generate rich content (AIGC) through AI such as images, videos, animations, PFP avatars, music and 3D models from text descriptions.
The project uses a Token mechanism, where royalties are transferred to the original creator when their prompt is reused (Similar to the Royalties fee mechanism in Opensea or LooksRare). This model supports the trading and circulation of Non Fungible Tokens, thus increasing profit potential for content creators.
Creative collaborations with other Web3 Projects also introduce a Token incentive mechanism to the community. NFPrompt will steadily promote user participation in AIGC content creation campaigns sponsored by various projects and brands with corresponding bonuses. Users can participate through voting, purchase top works of art, and receive rewards from the prize pool.
Information about Token
Token metrics
- Token name: NFPrompt Token
- Ticker: NFP
- Blockchain: Updating…
- Token Standard: Updating…
- Contract: Updating…
- Token Type: Utility, Governance
- Total Supply: 1,000,000,000 NFP
- Initial Token Supply: 250,000,000 NFP (25% of total supply)
- Circulating Supply: Updating…
Allocation of Token
- Binance Launchpool: 11%
- Initial Airdrop: 10%
- Investors: 10%
- Team: 15%
- Short-term Growth Fund: 27%
- Longing-term Treasury Fund: 27%
Token payment schedule
Token utility
NFP Token are used for the following purposes:
- Transaction fees
- DAO or administrative permissions
- Staking
- Receive Airdrop
- Earn income from Royalties Fee
Roadmap
Updating…
Project team
Updating…
Investors & partners
According to Cryptorank , NFPrompt invested in the Seed round in June 2023, bringing the valuation of the Non-Fungible Token platform to 60 million USD. With this funding, NFPromp will develop more AI features and build a better community.
Currently, investors and partners of the project have not been announced.
Frequently asked questions
Official information channel of the project
What is NFPrompt's content creation method based on?
- If you are familiar with AI tools, many people will surely think of Midjourney and Stable Diffusion and indeed the project also recognizes NFPrompt based on these channels.
Identify
The project is an interesting version of artificial intelligence tape image generation on Web3. The platform also recently confirmed that it will pay Airdrop starting from December 25, so there is still a chance to receive rewards from users.
Being listed on Binance Launchpool shows how big the attraction is from the Gaming and Non-Fungible Token segment, such as the launch of Fusionist or Bitcoin Ordinals , which is considered a lucrative piece of cake to prepare for 2024.
A bit about Tokenomics, Binance Launchpool and Token Airdrop account for a total of 21% of the Token allocation, showing the early stage project's intention to attract users. Meanwhile, Teams and Investors only account for 25 and can unlock linear Token Lockup at the same time. Taking up a not too high proportion in such an allocation structure "may" affect the price line $NFP in the future if there is no uniform collection and support of prices from the team.
summary
Allinstation has answered your question about what NFPrompt is and provided information about the project's Token . Let's learn and evaluate together to make the wisest investment decisions. Wish you luck!!!
