NFT royalty is king

DefyDefi
3 min readApr 22, 2021
Photo by Content Pixie on Unsplash

Build your NFT royalties through our Defy community

BUILD — BUILD — BUILD

  • Build volume of circulation
  • Build your community
  • Build your brand

RATIONALE:

By giving away your NFT into the hands of token investors the following may happen:

  • They start to follow your work on social media
  • They start talking about your work in NFT groups
  • Buy and sell demand starts to pickup in NFT marketplaces
  • Continuous trading will eventually increase your NFT prices.
  • Eventually NFT royalties will be big enough to matter.
  • You get perpetual income on all NFT sales in marketplaces.

OUR PROPOSAL

  • We partner for an NFT collaboration and airdrop to our Defy community
  • We mint 100 pieces and sell the NFTs for $1 each.
  • We place your token in a 24 hour spotlight on our website.
  • Your NFT will undergo a 48 hour process of reservation, lottery and airdrop.
  • Only one wallet address is allowed for reservation to ensure the NFT is fairly distributed.
  • Proceeds of the sale goes back to our NFT fund to help the next NFT artist startup.

The only way to win in the competitive NFT game is not by selling but by giving

Why is DefyDefi the game changer in NFT?

  • We are the first ever to combine auto-yield smart contract for NFT fund raising.
  • We are the first ever to create NFT royalties that would benefit both the artist and its community.
  • We are the first ever to do NFT cross-chain acquisition in ETH to BSC.

Why mint in Binance Smart Chain and not in the Ethereum network?

  • Ethereum’s expensive gas fees are discouraging both buyers and sellers to regularly trade.
  • NFT poses an environmental issue in the Ethereum network.
  • Binance Smart Chain’s almost zero fees is the future of both defi and NFT.
  • BSC is the solution to the NFT environmental issue in Ethereum.

If DefyDefi is about fund raising of NFTs why should I give my NFT for free?

We are carefully managing our NFT fund for strategic operations that will benefit the community and support more NFT artists in the future.

Our funds shall be allocated on the following:

  • Pay for NFT cross-chain acquisitions
  • Pay our NFT team who will conduct due diligence, collaboration and proper IPFS documentation.
  • Pay for individual minting fees of every NFT piece (ERC 721).
  • Pay for gas fees on Binance bridge and cross chain acquisitions.
  • Pay for NFT listing fees on marketplaces.

What is our royalty model? The standard royalty across different marketplaces is 10% on every sale.

  • 5% goes to the team
  • 15% for marketing and support
  • 40% for artist share
  • 40% community token buyback

Why would our token investors care about your NFT career?

  • Your NFT royalty model in Defydefi directly benefits them through token buybacks
  • Every time they patronize NFT pieces minted in Defy they also help their own token investment.
  • They would love to buy your NFT because the community is highly familiar with your brand which in turn gives them more confidence of NFT reselling in the future.

DefyDefi Blockchain ID is the future

  • We are building stringent security procedures to make sure we only mint authentic NFTs in DefyDefi .
  • Part of our vision is to simplify NFT validation by associating authentic NFTs into the DEFY blockchain ID.
  • Defy blockchain ID will be the game changer in NFT.

Follow our project at
Website https://www.defydefi.io/
Twitter https://twitter.com/DefyDefi_
Telegram https://t.me/DefyDefi

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DefyDefi

We raise funds for NFT startups and tokenize their royalty shares