Today we’re going to explain step by step, how to participate in the NFTmall GEM Token Sale — Seed Round.
The officially supported web3 wallet to participate in this sale is the Metamask wallet.
Step 1. Update the settings of your Metamask wallet if it’s not already configured to work on Binance Smart Chain.
You’ll need to add a new Network by following this guide.
https://academy.binance.com/en/articles/connecting-metamask-to-binance-smart-chain
Network Name: Binance Smart Chain
New RPC URL: https://bsc-dataseed.binance.org/
ChainID: 56
Symbol: BNB
Block Explorer URL: https://bscscan.com
Step 2. Visit the token sale page* on our website and connect your Metamask wallet.
If your address is whitelisted, then, this is the UI you’re going to see:
If you are not whitelisted, then, unfortunately, you won’t be able to participate in this sale and you will come across the message below:
Step 3. Input how much BNB you wish to trade** for GEM from our smart contract.
Step 4. At 18:00 UTC on 07/04/2021 the ‘INVEST’ button will be enabled to send the specified amount of BNB to the smart contract.
Tap the ‘INVEST’ button.
Step 5. And confirm the transaction on Metamask.
Make sure to set a higher gas fee to confirm your transaction faster.
That’s it! You are now a proud owner of GEM tokens*** 🚀
* As a security measure against possible DDoS hacking attempts, we’ll announce the token sale URL 2 hours prior to the start of the sale.
** The minimum required to participate is 1 BNB, the maximum is 40 BNB
*** 100% of the Seed round tokens will be unlocked gradually over 4 months.
Each investor will receive 20% of the GEM due to him immediately upon PancakeSwap listing and the remaining 80% will be vested over 4 months, at a rate of 20% per month.
About NFTmall
NFTmall — The first Creator centric, Defi Powered, Physically redeemable NFT marketplace.
For many years monopolies and international entities take advantage of creators/Artists/Photographers, This creates a huge barrier of entry. For example, traditionally, they’d have to physically produce a piece of artwork, then get it accepted by a gallery, then promote the exhibition and such to sell it. This complex process involves a huge barrier of entry and hinders creativity; as a result, creators often don’t get enough exposure and have to market their work instead of focusing on creation.
Not only that the traditional approach hinders creators, but it also hinders creativity in general since younger artists may not afford the entry requirement to use the various platforms. Using blockchain technology to synergize Defi and NFTs, this problem can be overcome, since It simplifies NFT creations and rewards payments. It affords artists and creators alike the chance to create and earn royalties in perpetuity. And thus create a level playing field for talented individuals. since it’s a very new concept and the market for digital items starts to create, existing (both centralised and decentralised) top tier digital item marketplaces also does not fully satisfy the needs of its users and does not solve the issue by having high platform fees to mint or list and even for Primary and secondary sells, also royalty fees for creators is not independent and usually chosen by Third-party, also some of them are not decentralized and requires KYC process, application, permission and thus act as a monopoly for users and possess high barrier of entry and fails to create a fair & level playing field for their users (creators, collectors and traders).
By deeply considering the limitations of existing marketplaces, we were stirring at opportunities and had to pick up the challenge to provide a solution we called “NFTmall”.
NFTmall is our answer to the existing limitations of the traditional NFT marketplace. It is a Creator-centric yet Decentralised, Defi & E-commerce powered, Multichain & standard support, Physically redeemable, Universal NFT marketplace with futuristic features like NFTmall 3D.
Learn More About nftmall.io and join the revolution.
Socials:
NFTmall Website : https://nftmall.io/
NFTmall Official TG : https://t.me/nftmall
NFTmall News Official TG : https://t.me/NFTmall_newsOfficial
NFTmall Medium : https://medium.com/@nftmall
NFTmall Discord : https://discord.com/invite/SG4GGYMXvJ
NFTmall Twitter : https://twitter.com/NFTmall
NFTmall FB : https://www.facebook.com/NFTmall-101972288642593
NFTmall Reddit : https://www.reddit.com/user/nftmall/
NFTmall Instagram : https://instagram.com/nftmall?igshid=19rw5m3uq46td
NFTmall Linkedin : https://www.linkedin.com/company/nftmall
