Announcement

NMKR Token 2023 - Part 2: Token Dashboard & Utility

Putting the NMKR Token Strategy into action
location
Zürich
calendar
March 17, 2023
Announcement
Announcing the NMKR Token Dashboard
Announcing the NMKR Token Dashboard

Summary:

  • Part 2 of 2 about NMKR 2023 blog series
  • Release of NMKR Token Dashboard
  • Two Core functionalities
  • Earn:
  • Stake Pool Offering
  • Participation in Ecosystem (Minting, Trading, etc)
  • Liquidity Farming
  • Use:
  • Lock & Stake Tokens + Optionally Seaplane NFT in Smart Contract (powered by Genius Yield)
  • Receive SaaS Access NFT
  • Receive Yield:
    6 months locking period: 5% APY
    9 months locking period: 7% APY
    12 months locking period: 10% APY
  • APY Boosts through Seaplane NFTs:
    Bronze: +1% APY boost
    Silver: +2% APY boost
    Gold: +3% APY boost
  • Partnership with Genius Yield to offer Locking & Staking Functionality
  • Introduction of the concept of SaaS Access NFTs: Use NFT to get access to products instead of subscribing to a Software-As-A-Service. 

Relevant Dates:

  • Token Dashboard Release: 17.03.2023, 9pm UTC
  • First SaaS Access NFT Tool Release: 24.03.2023
  • First Vesting Period for Stake Pool Offering ends: 20.04.2023

Introduction

Welcome back to our second installment of the NMKR Token 2023 series. In our first post, we provided an in-depth overview of our token strategy, outlining our plans for the NMKR token and its role in our ecosystem. In this post, we'll be putting that strategy into action and diving deeper into the token dashboard and utility.

As we move closer to the launch of our platform, we are excited to share with you the latest developments on the NMKR token front. Our team has been hard at work designing and implementing the token dashboard, which will provide an intuitive interface for users to manage their tokens and participate in our platform's ecosystem. Additionally, we will be discussing the various utilities of the NMKR token, including its use in staking, voting, and governance.

We believe that the NMKR token will play a critical role in driving the success of our platform, and we are committed to ensuring that its functionalities and features meet the needs of our community. So, without further ado, let's dive into the world of NMKR token dashboard and utility.

Token Dashboard

We are excited to announce the release of our NMKR Token Dashboard on Friday 17th of March 2023. The dashboard will provide users with an intuitive interface to manage their NMKR tokens and participate in our platform's ecosystem.

The token dashboard will offer two core functionalities: Earn and Use. Let's take a closer look at each of them.

Earn:

The Earn functionality of the dashboard will, first and foremost, allow users to claim NMKR tokens that they’ve earned by either:

  • Participating in the NMKR Ecosystem by Minting with NMKR or using our Trading Smart Contracts
  • Participating in the NMKR Stake Pool Offering

Lock:

We’re happy to introduce the new Token locking functionality. You will be able to lock and stake your NMKR tokens in a smart contract powered by Genius Yield. This feature will allow you to earn additional rewards for locking your tokens for a set period:

  • 6 months locking period: 5% APY
  • 9 months locking period: 7% APY
  • 12 months locking period: 10% APY

Additionally, you will receive a boost for locking an NMKR Seaplane NFT together with the NMKR Tokens:

  • Bronze: +1% APY boost
  • Silver: +2% APY boost
  • Gold: +3% APY boost

For locking your NMKR Tokens you will additionally receive a SaaS Access NFTs, which will you them access to our platform's premium services.

The SaaS Access NFTs will be explained in more detail in a later part of this blog post.

Partnership with Genius Yield

We are excited to announce our partnership with Genius Yield, the all-in-one DeFi platform that combines AI-powered Yield Optimizer with a concentrated liquidity DEX. Through this partnership, we are thrilled to offer our users access to Genius Yield's Staking dApp, which will enable them to lock and stake their NMKR tokens.

The addition of NMKR tokens and NFTs to the Genius Yield Staking dApp is a significant step towards providing our users with even more opportunities to earn rewards. Genius Yield's Staking dApp is a powerful tool that allows users to earn additional rewards by staking their tokens for a set period.

The NMKR team is thrilled to collaborate with Genius Yield and offer its users the opportunity to stake NMKR tokens and NFTs.

SaaS Access NFTs

In addition to the functionalities provided by the NMKR Token Dashboard, we are thrilled to introduce our unique SaaS Access NFTs. These NFTs will serve as the key to accessing new premium platform services, offering an alternative to the traditional SaaS subscription model.

SaaS Access NFTs will provide users with access to our powerful NMKR Tools, which will enable them to streamline their workflow and enhance their productivity. Users can use these tools to manage their portfolios, analyze market trends, and much more.

Unlike traditional subscription models, which require users to pay a recurring fee, SaaS Access NFTs provide a one-time option by locking NMKR Tokens in the locking smart contract. This means that users can purchase the NFTs and gain access to our premium platform services, without any additional recurring costs.

Additionally, the NFTs can be easily traded or sold on blockchain marketplaces, providing you with the opportunity to sell and buy access to the tools on the secondary market. 

Overall, we believe that SaaS Access NFTs offer a unique and innovative approach to accessing premium platform services, and we are excited to offer this alternative to our users. In the next section of this blog post, we will dive deeper into the features and benefits of SaaS Access NFTs.

About NMKR

NMKR is an NFT Creation, Minting & Trading Infrastructure provider on the Cardano blockchain, offering a suite of tools that help brands, companies and enterprises to launch Whitelabel custom Cardano NFT projects.

With a strong focus on accessibility, NMKR has created a mix of development APIs and No-Code building blocks, which can be combined in a modular way to integrate NFT Minting and NFT Marketplace Trading functionalities on websites quickly and easily.

NMKR is the largest NFT infrastructure provider on the Cardano blockchain, being responsible for Minting over 1.6 million NFTs. NMKR has launched NFTs with celebrities such as Martin Lawrence and all three founding entities of the Cardano Blockchain: IOHK (IOG), Emurgo and the Cardano Foundation. By using NMKR brands, companies and artists can mint their NFTs quickly and easily. NMKR was previously named NFT-MAKER and rebranded in 2022.

About Genius Yield

Genius Yield is the all-in-one DeFi platform, that combines an AI-powered yield optimizer, “Smart Liquidity Vault”, with a concentrated liquidity DEX, built from the ground up to fully benefit from Cardano’s EUTxO-based ledger, which would be accessible both to beginners and seasoned traders. Our solutions are practical and easy to use, allowing participants to reap the benefits of DeFi in a mitigated environment anchored on security, transparency, and automation.

Privacy Preferences
close
When you visit websites, they may store or retrieve data in your browser. This storage is often necessary for the basic functionality of the website. The storage may be used for marketing, analytics, and personalization of the site, such as storing your preferences. Privacy is important to us, so you have the option of disabling certain types of storage that may not be necessary for the basic functioning of the website. Blocking categories may impact your experience on the website. Your preferences will be saved for 180 days. View our Privacy Policy here
Manage Cookie consent
Essential
Always active
These items are required to enable basic website functionality.
Analytics
We use Google Analytics and Hotjar to help to understand how its website performs, how visitors interact with the site, and whether there may be technical issues. This storage type usually doesn’t collect information that identifies a visitor.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Cookie consent
By clicking “Accept All”, you agree to the storing of cookies on your device to analyze site usage and assist in our marketing efforts. You also agree that providers in the USA also process your data. In this case, it is possible that the transmitted data will be processed by local authorities. View our Privacy Policy for more information. You revoke your consent in our Privacy Perferences.
essential onlyAccept all