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