Well, the community has spoken, and finally, they have voted for VFTLAB getting a 5% marketplace fee (the burning votes were not necessary as there was only a proposal).
This means basically that each Music NFT sold in the VFTLAB will have a 2.5% fee and the wax collection will have another 2.5% fee. Basically if you manage to sell $100 worth of NFTs we will be only getting $2.5 from them on VFTLAB and the rest will be each time a NFT is traded on the WAX market.
We are already testing the marketplace with our first amazing musician @stickupboys, you will be asked for:
- A covert art (which can be a JPG, GIF)
- Not a must but we can include MP4 VIDEOS
- Your MP3 song
- Supply(you cant launch twice your NFT,if the supply is over)
- Price in USD
And as we are not asking for exclusivity as is your own art, we will include in the last media of the NFT a cool cover art with the VFTLAB brand. You dont need to have experience
This service will be available for all the original musicians after an interview to proof the ownership of the art. We will start receiving proposal after the first test with the stickupboys is finished.
VFTLAB VAULT
Actually a lot of people is farming on VFTLAB, the future Music NFT will be priced on USD but charged on VFT, with this method the only way to acquire these exclusive NFTs will be through either farming VFT or buying it from HIVE ENGINE.
Actually 6 tokens can be used for farming VFT:
- VIBES
- VFT
- LEO
- DEC
- STARBITS
- HIVE
In other news:
- we are even closer to launching our new Frontend´
- The group of curators will receive a reset on the way of working.
- Governance debate for including new Pools for HE tokens.
- we need to start improving the visual experience of VFTLAB like showing an APR based in the price of the VFT on hive-engine. Include the upgrades for the Music Nfts like auctions
- Its now time to start burning some Vibes , all the tokens bought through the account @burnthevibes will be burned, also is offering some liquidity to the market.
- We will be looking in the next weeks a BSC developer to help us in our own bridge for our ecosystem (like just for VIBES and VFT)
this is very exciting!
ey nice bro,congratz!
totally!
I must admit that I understand very little about NFT to be honest!
However, the new "front end " is very exciting for sure ~ In a way that makes the #MusicForLife Community even more independent from Hive. A separate Music entity you might say...
Enjoy some !PIZZA √
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Learn more about $PIZZA Token at hive.pizza
It looks very good and everything is working correctly which is not little. I am already betting my tokens on the farm and receiving VFT. It would be nice if in addition to BSC Matic was added, which is even cheaper.
yeah is cheaper but not all the exchange has a deposit address for matic
That's great going in such a short space of time. I have bought and staked some from the first day and was delighted with my new nft's.
The main thing that i would like to see on the site is how much is staked in each pool so that we can see what we are putting in as part of the total amount. It's hard to know how your stake measures up without a total.
Apart from that it's been a great experience so far.
thanks!! we are working really hard to become the second best tribe on the hive ecosystem
Man, you guys don't slow down! Keep up the great work.
You are working and working, amazing job, I'm tune on your post and your projects, congrats and thanks again, thanks for your efford to the comunity.
Are all the pools in Farm working. I transferred some Starbits yesterday and i don't see anything under earned stacket.
Could be that i have transferred a low number of starbits so the earning is not much to be shown there ?
It doesn't show up there (at least mine doesn't) the VFT is sent to your Hive-engine wallet once per day (around 8pm eastern it looks like).
Let me check in hive-engine. Thanks a lot for clarification. Appreciate that.
No problem. I was expecting it to show on the front end too.
I see the VFT in hive engine, thanks for the guidance. But it should show on VFTlabs front end as well.
mm please come to our discord and report the problem there :) ! so we can figure out what cause the issue
Sure, can you please provide Discord server details to add it to my discord app. I know there is plugin on website but i prefer my mobile app as it's always available even when i am away.
sure! https://discord.gg/AujYRQdwnk
Thanks a lot.
!GIPHY thanks
Via Tenor
I agree with this. However, I will say I'm pretty happy with the APR based on my small stakes so far.
@al-gaming! This post has been manually curated by the $PIZZA Token team!
Learn more about $PIZZA Token at hive.pizza. Enjoy a slice of $PIZZA on us!
Me gustan los NFTs estan genial bro y a invertir con cabeza 👍🏼👍🏻
all that the AL group adds is incredible, thank you for giving us so much! and that they continue the successes to the moon
@liotes wouldnt it be great to be able to stake LEN tokens?
That would definitely be great :-)