As we had already given a presentation of the scope that LunArt is going to have in previous articles, I am here to give you more information that we should already be handling with this magnificent project.
Among the first things to explain is the usefulness of the token, which we well know is a special type of token that helps in the capitalization or financing of projects.
It is this case:
- NFT + TOKEN staking process, in which artists can create their NFT and lock them together with $ARTS for certain established times and generate profits.
- Stake token like $ARTS (LunArt) and stablecoins, and generate more token.
- You will have an ecosystem of rewards of 3 levels, more participation being holder in terms of voting rights, air launches.
- Add liquidity in different pairs related to the project to earn ARTS and stablecoin on the sales platform and royalties.
- Profit system through sales, auctions regarding NFTs, also, minting burns ARTS to reduce pressure on token price.
- By sharing the referral link, you will get benefits when a new artist enters the LunArt system, the NFT sales royalties will be shared.
- Something very interesting about this whole project, is the action that is generated in the protocol transactions, it will provide ongoing charitable donations through our Angel Protocol Partner.
As for benefits to the Terra community, in my opinion since I have been researching for several months, it is that it brings a proposal to be able to publish the non-fungible token of the artists, but of my person, since I recently started with the creation of some characters, and it has been difficult for me to publish it in an NFT marketplace.
Recently I am trying to be able to publish on a page and it has been many days, waiting for the approval of the different steps.
I hope that with LunArt we can grow more, with the method when publishing our works of art.
LunArt’s Tokenomics & Emissions is as follows:
It is interesting to know the initial price of the $ARTS token with a seed value of $0.010 and as progress is made, the private sale of the token will be made at a higher price of $0.012, thus giving growth to the project and benefits to investors.
You are going to see an unlocking system, after buying the tokens either to offer tokens to artists in advance and act as a treasury to onboard major art brands and celebrities.
Likewise, conversations have been established with talent agents to find suitable celebrities to endorse the LunArt brand, which means that LunArt’s exposure increases for faster adoption.
Similarly, the community has been heard and, in response, it has been agreed to halve the number of tokens to be released initially (and implement a 4-week cliff after TGE).
The LunArt protocol launch will be available on the day the first ARTS tokens are awarded, 4 weeks after TGE, currently scheduled for April 18, 2022.
Terra launchpads can be said to have a unique approach to token launches, attracting a strong community around their brand and allowing many users to participate in whatever way suits them best.
Among them will be StarTerra, one of Terra’s biggest lauchpads, which will soon announce its details on LunArt.
Link: https://app.starterra.io/
To finish, I share with you what the Roadmap of this project is going to do.
Apart and it is clear that an NFT market is being built in the usual sense. You won’t find Galactic Punks or LunaBulls in LunArt, no matter how important they are in this ecosystem.
The main goal with the LunArt Protocol is to combine the talent and reach of artists featured in established galleries with the utility and presenting their art on the blockchain for the first time.
Link: https://www.lunart.io/
