Marvel fans are in for a treat! The NFT Marvel Marketplace on Binance Smart Chain is now live. Through the native token, $MV, users can unlock and enjoy the full benefits of the ecosystem. The vision of the platform is to empower fans, creators and investors through easily accessible NFT tools.
Project: NFT Marvel Marketplace
NFT Marvel is a platform that lets users upload their artwork and turn them into NFTs. There’s also an AI feature that users can utilize in creating and selling their assets. The platform promises the best fees and fast transaction speed.
Marvel Fan Tokens ($MV) powers the entire ecosystem. Users can earn them by interacting with the platform. For example, users can earn $MV when uploading digital artwork and sharing them on social media. $MV tokens are also up for grabs when users send their digital art as a gift pack item.
It is clear that the functionalities of NFT Marvel are anchored on a strong and engaged community. Thus, NFT Marvel designed a competitive tokenomics to encourage users to use the platform.
Tokenomics: $MV
The guiding principle of $MV’s tokenomics is to ensure strong benefits for token holders. The transaction is taxed a 6% fee in each trade which is split in 3 ways. Firstly, 2% is distributed by $MV to all $MV holders to create value for them. In effect, the more $MV you own, the more $MV you will be rewarded per transaction. The longer you hold $MV, the more profit you will receive.
Secondly, a 2% fee will be added to the liquidity pool on Pancake Swap to ensure the sustainable development of $MV. With this mechanism, $MVwill protect the liquidity volume for traders. The liquidity pool will be locked in Dxsale in 6 months and listed on other big exchanges after Pancakeswap.
Lastly, rounding up the list is the 2% used to buyback $MV and burn in every transaction. Following the law of supply and demand, reducing the supply will lead to a price increase of the tokens.
The total supply is 100,000,000,000 $MV. 60% is allocated for the private and public sale while 22.5% is for the liquidity swap. The rest of the supply is allocated for listing, airdrop and a private stash of the foundation.
Artists vs. Comic Book Giants
The NFT boom was a treat for fans across sports, music, movies, fashion and art. Comic book fans are no exception because of the wide variety of storylines and endless character choices. However, both Marvel and DC were not pleased with the NFT Drops featuring their characters. Both publishers issued a strong statement that the sale of any digital image featuring their intellectual property is not allowed. This statement put them at odds with the actual artists who worked on the comic books. Most salient would be Former DC Comics artist Jose Delgo who sold his Wonder Woman NFTs for nearly $2 Million.
The NFT Marvel Marketplace affirms the synergy between NFTs and the Comic Book Industry. It is also Marvel’s ultimate statement towards any artist who may attempt to use their IP in their NFTs. The question now is, what will happen if artists do not heed the call of the comic book giants?
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This article is educational material.
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