Get to know more: DareNFT

Table of Contents:

  1. Overview

  2. DareNFT product suite

  3. DareNFT Growth Strategy

  4. Tokenomics

  5. Token Metrics

  6. Using and Vesting Schedule

  7. Roadmap

  8. Investors

  9. Partners

  10. Audit Report

  11. Earn with DareNFT

1. Overview

Token symbol: DNFT

Chain: Binance Smart Chain (BEP20)

Total Supply: 2,000,000,000

Contract: 0x162c2332e92be409254ac7c59ad559c16a3f506e

Exchanges:

PancakeSwap

Coin98

Analytics Information:

Coinmarketcap

CoinGecko

DareNFT is the universal NFT 2.0 protocol for Digital Assets, with the product suite aim to solve these problems: Unrecognized benefits between NFTs, Unrecognized relationship between NFT owners, and hidden risks of NFT Ownership.

This protocol allows the following:

Creators receive royalties from the derivative owner’s revenue:

NFT 2.0 enables a beneficial relationship between NFTs which will pay out a royalty to each owner through a smart contract.

Supports the co-owner model:

There is only one owner with the current NFT 1.0 whereas the co-owner model helps NFT liquidity and increases the trust in ownership.

Supports the multi-chain rental NFT model:

NFTs naturally have low trading liquidity and it will likely become a liability rather than an asset if the owner will hold until they can sell, therefore NFT 2.0 can offer the rental model.

Compatible to the existing NFT 1.0:

This means all NFT 1.0's can become an NFT 2.0 through our smart contract without reminting a new NFT.

2. DareNFT product suite:

DarePlay

DarePlay is a platform onboarding traditional games to blockchain games.

DarePlay is a full packaged suite of products, including a blockchain gaming launchpad, an IGO service, and a ready-made marketplace for in-game NFT items.

Three features on the DarePlay platform serve different purposes:

The Blockchain Gaming Launchpad is used to NFTify in-game items, turning traditional games into NFT games.

The IGO Service will be offered to these new-transformed NFT games.

The Marketplace, available on DarePlay, will list their in-game item NFTs on the market, allowing players to buy in-game assets, and especially rent or lease these assets, and earn money.

DarePlay will create a cost-efficient, streamlined platform for traditional game publishers to ride the waves and evolve with blockchain technology.

DareWork

Derivative Work Marketplace

The majority of the internet content is a form of derivative content, such as song remixes, subtitled videos, edited images, learning contents, translated books…

In most cases, authors do not benefit from their works due to the barrier of the existing licensing processes of derivative content which are manual and time-consuming.

The revenue streams of derivative works are currently not well-tracked.

The DareNFT Derivative Work Marketplace will allow creators to upload their works as an NFT and reproducers can request to update, reuse or remix their item, allowing both author and reproducer to earn a financial benefit.

NFT Cloud Service

DareNFT provides a cloud service of NFT and KYContent for any platforms, which would like to NFTify their digital contents and assets on-demand without building a blockchain infrastructure.

For example:

Traditional games Video and Music streaming platforms Stock Photo Platforms Learning Management Systems (LMS)Online Publication Platforms

The client of an NFT 2.0 as a service can choose their favorite network.

3. DareNFT Growth Strategy:

The project growth strategy is divided into 2 phases:

Phase 1 ( current ):

In this phase, DareNFT focus on the demand market of Onboarding Blockchain Gaming because it's a big trend at the moment with the huge potential growth power

This phase will be implemented through 3 steps:

Step 1: Adjust their current GamePlay

Step 2: Integrate the NFT cloud service to NFtify Game Assets and create In-Game Tokenomics.

Step 3: The company will need an NFT Marketplace and IGO Launchpad.

Phase 2 (near future):

To get closer to the large market of NFTs products/services

DareNFT will provide their API and their clients will send the content out and receive the corresponding NFT. The integration of their NFT cloud service only takes from 1-2 days rather than 6-12 months

DareNFT can support the traditional gaming, music company, or author to NFTify their product or service, for a small fee. A user can then use fiat or normal transaction to buy the product or service from the marketplace.

They will also support a multi-chain network.

_Comment: This is a clear and reasonable strategy to approach the NFTs market which is thriving at this stage.

4. Tokenomics:

DareNFT will be built in the DAO model, with 3 layers:

1st layer:

When an NFT 2.0 transaction fee occurs it will go into the DAO treasury, and split into 5 main parts:

#1: Distributing dividends to the users who are staking DareNFT tokens

#2: Rewarding the people who provided the liquidity to the DEX

#3: Discounting for the person who staking DNFT when they charged the NFT 2.0 transaction fee\

#4: Using to burn a token quarterly which will reduce the supply of our token and increase the price.

#5: Reserving for the future use of DareNFT DAO

2nd layer:

Creating the NFT 2.0 as a service where DareNFT will compact all their NFT features into a package to give the whole service access to the 1st layer.

3rd layer:

Many kinds of NFT based applications for example blockchain games, NFT based content platforms, or even their bootstrap product DarePlay .

5. Token Metrics

6.Using and Vesting Schedule:

7. Roadmap:

8. Investors:

9. Partners:

10. Audit Report:

DareNFT was successfully audited by CertiK, You can read the Audit Report here:

Audit Report

11. Earn with DareNFT:

At this time you can take part in their IGO/INO events to have a chance to buy many promising tokens/NFTs at the lowest price, or participate in their partner’s airdrop

Visit DareNFT’s Twitter for the latest update from the team:

DareNFT Twitter

Above is the Recap of the DareNFT project, wish you have wise and effective investment decisions.

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