Introducing CONT token— the utility and governance token of conteNFT — the most profitable and user-friendly NFT marketplace
We are proudly announcing that we have built conteNFT — a unique NFT marketplace for users. Through our efforts to help improve and eliminate the backlog problems that creators and collectors have to face in the NFT market, such as the difficulty of understanding to use the NFT marketplace platform or the fee of creating, buying, and selling NFT items is too expensive. You may wonder how we can solve those problems? Because conteNFT is running on Binance Smart Chain (BSC), therefore users can take advantage of the low gas fee and high transaction speed at the same time.
Moreover, we aim to refresh the current NFT market, which is being repeated; we focus on building an NFT platform where content is new and fun like memes or short videos on TikTok or Instagram. Content creators will have a new way to contribute and make money from their content. To summarize, conteNFT is a new multichain NFT social network platform including an NFT marketplace where people can easily create — trade — earn and enjoy video NFTs.
To serve creators, viewers, and buyers in the best way, we have gathered the most optimize and convenient features in one product. Because of that reason, our platform is a combination of social network features and functions of an NFT marketplace.
With the advent of conteNFT, users will no longer have to worry about such problems. conteNFT is the NFT marketplace where users can mint, buy and sell digital content most easily and cost-effectively. Users do not have to know about specialized knowledge such as coding. We are aware that many global content creators are not familiar with blockchain and Non-fungible Tokens, so we do our best to make conteNFT in the easiest way for users to understand. By optimizing these technologies, as we may say- “with conteNFT — NFT is easy as pie”.
conteNFT is a new NFT platform where people can trade short video content NFT. Imagine that you can use a very interesting video social network similar to TikTok but also monetize your content easily without waiting for advertising money. Introducing conteNFT — A blockchain decentralized social network including an NFT marketplace that allows you to enjoy interesting video content and monetize in a variety of ways.
Our vision is to empower creators to contribute their content and generate benefits by NFTs. conteNFT is easy-to-use and so convenient that anyone can create/trade their NFTs on our platform then earn and enjoy.
conteNFT is non-custodial, so no one besides you can move or withdraw your NFT digital assets. By using blockchain NFT technology, You will prove that your content is unique in the world and was created by you, helping content creators and overcoming the barriers that today’s are facing, such as the high fees when selling digital content on centralized platform or too easy to be copied.
Furthermore, content creators do not have to worry about losing the NFT minting fee forever if they can’t sell their NFT items successfully. We reward our tokens for those who actively upload or purchase NFT items on our platform through a weekly marketplace mining system (only valid when trading with CONT). Users worldwide can easily create/upload or buy NFT items they like on our platform. This transaction is completely safe because with blockchain technology, once the transaction data has occurred, it cannot be changed back or reversed.
Not only has a weekly mining rewarded marketplace system, but conteNFT platform also has a strong community of dedicated content creators and their fans. conteNFT has been attracting more global users with the ambition to become the leading short video content provider of the NFT market.
Besides, we aim to make the new concept of NFT to the world while the current NFT marketplaces are just focusing only on arts and luxury collectibles. Our idea is to bring new — fun, and interesting NFT concept to refresh the world’s NFT market. We will help YouTubers and TikTokers easy to sell their content on our platform. This concept will change the way they make money and how they contribute their content. It means they can make profits not only from advertising but now they can also prove ownership of their content and sell them directly, not going to a third-party centralized company.
conteNFT always aims to be the most convenient and profitable NFT marketplace for creators and collectors. Therefore, conteNFT is developing with the firm will to become a fully Decentralized Autonomous Organization with our governance token. Users could influence decisions and incentivize active participation.
The token governance project-management model has been received a lot of support from the community and has been proven to be efficient within DeFi industry.
Welcome to CONT: the utility and governance token of conteNFT. CONT allows the most active creators and viewers/collectors on conteNFT to vote for any platform upgrades decision and join in curation and moderation. Our token will be issued and distributed as a BEP20 token on the Binance Smart Chain blockchain. Besides, CONT token also has many valuable features.
CONT USAGE
conteNFT users can enjoy maximum convenience and profit by holding a specific amount of CONT tokens. Users without CONT tokens will not be able to access unlimited features.
Used for trading NFT items. Users can also use BUSD, BNB
conteNFT users can use CONT tokens for trading NFT items on our platform, and for maximizing the convenience of trading on conteNFT, we also allow users to trade by BUSD or BNB.
Voting on system upgrades and Moderation
If our community want a new feature or a platform improvement? Don’t worry; when our community votes, we execute!
Holders of CONT can submit and vote on proposals about:
+conteNFT’s trading fee
+New conteNFT features to be developed or implemented by our team
+The use of CONT to further decentralize the governance and development of conteNFT
Donation to Creator/Owner
Creating a convenient way for viewers/fans to support their favorite creator/NFT owner when they can’t afford to buy short video content NFTs. Viewers/Fans can send CONT to donate to the creator/owner to show their love and support.
Expose NFT more on Trending section
Holding CONT helps your NFTs exposed more frequently on the trending section besides the NFTs with high engagement than users who don’t hold CONT.
Expose your Profile more on conteNFT Explore site
Holding CONT helps your Profile exposed more frequently on the conteNFT Explore site next to those with high engagement than users who don’t hold CONT.
Receive/ Increase Royalty Payment Limit
Holding CONT will allow you to set a higher percentage of royalty payment than users who don’t hold CONT
HOW TO EARN CONT
Earn CONT by using conteNFT marketplace mining system
By using conteNFT marketplace. You can earn CONT if you actively participating in our platform. This is called “Marketplace Mining”. 40% of CONT’s total supply is reserved for NFT uploaders (minters), NFT sellers and buyers on conteNFT marketplace, who will receive CONT weekly by distribution schedule according to weekly sale, purchase and upload quantity. 500.000.000 CONT of the total supply.
+Every Tuesday 60.000 CONT tokens are distributed to the NFT uploaders (minters), NFT sellers and buyers who bought NFT during that week before. 10% to the NFT uploaders (minters), 45% to the NFT sellers and 45% to the NFT buyers.
Details of conteNFT marketplace mining system
+Our Marketplace mining reward CONT token issuance will be deployed every Tuesday consequently.
+Minters, Sellers and Buyers will be received respectively 10% (6000CONT), 45% (27000 CONT) and 45% (27000 CONT) of the distributed amount. This allocated amount of tokens is divided by the total number of participants who upload /sale/purchase NFT items on conteNFT and those with the most total quantity of Upload/Sale/Purchase will receive more CONT.
NFT uploaders(Minters) will get CONT token rewards by calculating: 6000CONT divided by the total NFT Minters(Uploaders) of the previous week.
Top 20 users with the highest total of NFT successfully purchase times will receive a total reward of 10,000 CONT from the total reward of 27,000 CONT for the buyers. And successfully buyers outside the top 20 get tokens by calculating: 17,000 CONT divided by the total number of successfully buyers outside the top 20 that week.
The specific amount of CONT tokens that the top 20 buyers with the highest total of NFT successfully purchase times receive:
Outside the top 20 rewards = 17,000 CONT divided by the total number of successfully buyers outside the top 20 that previous week
Similarly, we have: Top 20 users with the highest total of NFT successfully sale times will receive a total reward of 10,000 CONT from the total reward of 27,000 for the sellers. And successfully sellers outside the top 20 get reward tokens by calculating: 17,000 CONT divided by the total number of successfully sellers outside the top 20 that previous week.
The specific amount of CONT tokens that the top 20 sellers with the highest total of NFT successfully sale times receive:
Note: To ensure that the amount of CONT tokens is properly allocated to users and attracts more users coming to our service:
We will not calculate the Marketplace mining reward for those who haven’t successfully sold or bought NFT on conteNFT that previous week.
+If there are less than 250 NFT uploaders(minters) that previous week: Each minter will receive up to 20 CONT tokens
+If there are less than 250 NFT successfully buyers that previous week: Each buyer will receive up to 30 CONT tokens and we won’t count the top 20
+If there are less than 250 NFT successfully sellers that previous week: Each seller will receive up to 30 CONT tokens and we won’t count the top 20
If one of these cases occurs, the balance after conteNFT reward the mining tokens for users will be returned to the Marketplace Mining System fund to be distributed to the next users in the future.
Users must create or trade successfully NFTs with a minimum value of 10$ to receive CONT Marketplace mining rewards
conteNFT reserves the right to change the calculation and amount of rewards from time to time. You are solely responsible for regularly reading notices of these changes. We will not take any responsibility for your losses so please read conteNFT notices regularly.
We reserve a right to alter Marketplace mining process to ensure that any potential attempts to cheat the system and demolish the fairness of our process can be eliminated.
Earn CONT by selling NFT items on conteNFT platform
To earn CONT you can trade NFT items on our platform.
Earn CONT by the donation feature (Receive CONT from viewers/fans donation)
Receive CONT from your viewers/fans donations.
Earn CONT by swapping on Pancakeswap
You can swap your BUSD or BNB into our tokens on PancakeSwap. (This function will be deployed until 2021 November & December)
Earn CONT by trading on global exchanges
You can earn CONT tokens by trading on global exchanges (We will list CONT on global exchange in 2021 or 2022)
CONT Token Distribution
1st Private Sale
The 1st Private Sale: is a token sale to investors who believe in us from the very beginning and want to energize us to create an NFT marketplace paradise for users. We will release 12% of this private sale on TGE and after TGE, we will unlock 8% monthly.
2nd Private Sale
The 2nd Private Sale: is a token sale to strategy partners or investors so that conteNFT can get more funds to grow the platform. We will release 12% of this private sale on TGE and after TGE, we will unlock 8% monthly.
Liquidity Fund
The liquidity fund allocation is reserved for executing the needs of future platform integration, including providing liquidity or bounties. Locked (We will announce when using if need to). It can be unlocked from TGE but it’s optional so we can reserve this money for the right time to spend (TBA).
Team
The team allocation is reserved as a motivation for the current and future conteNFT team members and advisors. This allocation will be locked in 1 year and then release 10% quarterly.
Treasury Fund
The treasury fund will fund all platform and ecosystem development, including function developments, marketing, affiliate incentives, etc. Locked but if unlocked only 15% limit per quarter and announce.
Marketplace Mining
The Marketplace Mining will be used to motivate users and content creators on our platform. Every week, we will distribute 60.000 CONT, 10% to the NFT uploaders(minters), 45% to the NFT sellers and 45% to NFT the buyers. Additional rewards may be distributed to our contests. This allocated amount of tokens is divided by the total number of participants who upload or sell or purchase NFT items on conteNFT and those with the most total quantity of Sale/ Purchase will receive more CONT.
We reserve a right to alter the Marketplace mining process to insure that any potential attempts to cheat the system and demolish the fairness of our process can be eliminated.
conteNFT Roadmap
conteNFT team has been gathering and listening to users’ ideas and feedback about how an NFT platform should serve our users in the best way. Therefore, we are planning to develop and deploy many new exciting functions as well as improve our platform.
Incoming features:
+Royalty Feature
+Governance System
+Reporting System
+Direct Message
+conteNFT mobile app
+AI Recommendation Feature
+Donating Feature
[***This content is for information purposes only and is not financial advice. We will not take any responsibility for your losses when you invest in Crypto Currencies or assets related to Crypto Currencies.***]
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YouTube: https://www.youtube.com/channel/UC1mEQ9J1C4pKDJOmM_G2DXQ
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