CyberTime Finance has designed NFT Fantasy League ( NFTL ) for crypto artists & NFT lovers. Each Fantasy Teams member can create their own team of crypto artists and their works. Who, in his opinion, will gain the most votes, who will sell their work the most, etc. Anyone who purchases a Fantasy Pass using the native NFTL token can participate. This is just one of its uses. There will be a leaderboard who scored the most points with the Fantasy Team, and there will be cash prizes for the winners.
CyberTime Finance is a whole ecosystem of products on the NFT market 1. NFT Fantasy League for crypto artists & NFT lovers 2. Cyber Farming. No presale. Get NFTL tokens by farming in 5 pools and use NFTL to get CTF 3. DAO ecosystem for project development and distribution of funds from the Community Development Fund with governance token CTF 4. Exclusive NFT Time collection of 86,400 NFTs and NFT exchange platform
Before the development of NFT Fantasy League, we are planning to launch 3 products as the basis for the future league.
How NFTL.art will work?
We want to create an NFT league. It will be held seasons (25-30 stages in each season). Each stage lasts approximately 10 days. **How will the stage proceed?**
1. Crypto artist uploads his works to the platform before each stage
2. Before the start of voting, a draft window opens. Each Fantasy Teams member can create their own team of crypto artists and their works. Who, in his opinion, will gain the most votes, who will sell their work the most, etc. Anyone who purchases a Fantasy Pass using the native NFTL token can participate. This is just one of its uses. There will be a leaderboard who scored the most points with the Fantasy Team, and there will be cash prizes for the winners!
3. Voting / pre-sale starts. There will be two types, voting - love and money.
4. After 7 days of voting and discussion, a 24-hour auction opens. Everyone who deposited money at the previous stage gets the opportunity to buy NFT. Highest bet wins
5. If the works are not sold, they end up on the secondary market. The starting price of all works is $ 20 and counts down 24 hours to $ 5. Any member can buy at any time. If the work is not sold at this stage, it automatically goes to the NFTL fund. Once a quarter, there will be a charity sale of all NFTs in the fund and the proceeds will be donated to charity (the community will choose which charity to send money to after each sale)
**Like? Move on.**
We want to implement a personal token system for each crypto artist. Any artist can issue their tokens on our platform. These tokens will be mined according to an interesting scheme. Let’s say the artist has 50,000 tokens in total. By participating in the stage, the author uploads his work. Those who transfer money for his work automatically participate in the mining of the token. It is planned to allocate 1000 tokens for each stage and they will be distributed in proportion to the amount contributed for the author’s NFT.
**Why are separate tokens needed?**
Why farming not presale or IEO?
Because you can get NFTL tokens without spending! During farming, you can withdraw your money at any time + farmed NFTL tokens
What are the advantages of farming?
Security of your investments 🔒 Audit from a white hacker trusted by Google, Apple, Microsoft, Oracle, and more.
You do not lose your savings 💰 All your tokens will remain with you. You can withdraw tokens from the pool at any time. In pools, your tokens work and you earn!
Huge APY at the start 📈 Whoever enters first will receive huge profits due to the limited supply of tokens on the market. You can immediately sell the NFTL token on PancakeSwap, or start farming the governance token CTF
No pre-sales 🤝 The minimum price for listing, so the community itself forms the fair price of tokens
How to get involved in farming?
Dates: February 25 to March 03 Pools: Stablecoins (2): BUSD, USDT Crypto (3): BNB, CAKE, ETH
Total token distribution: 8.640.000 NFTL Total pools: 5 Pool share: 1.728.000 NFTL
What to do with NFTL tokens? You can add them to the NFTL / BNB liquidity pool on PancakeSwap and submit your LP token to our pool at cybertime.farm. Then you can start farming governance tokens CTF When we finish developing the NFTL.art platform for contests and creating a fantasy team, you can use NFTL tokens there
What are the benefits for $NFTL holders?
1. NFTL will be the platform’s key token. Artists’ works will be sold for NFTL, there will be a crypto token market for artists paired with NFTL, NFTL can be used to buy access to Fantasy League, etc. The demand for a token increases its value. 2. We thought to make a burn rate to reduce the number of tokens (we will raise this issue later at the DAO voting), but now we are thinking about developing an accelerator for NFT artists, young teams in the field of NFT, creating cross-chain solutions for NFT, virtual worlds on BSC base, etc. 3. We planned to send 25% of the income from the platform to NFTL / BNB liquidity providers
BEP-20 Token Name: NFT Fantasy League Symbol: NFTL Total number of tokens: 86.400.000Distribution scheme:
CyberTime Finance Token
Description
What are the benefits for $CTF holders?
1. Participation in voting for the development of the project
2. Participation in the distribution of funds from the community development fund
3. 100% of the league stages for BNB will go towards the CTF buyback at market price. 50% will go to the community developer fund, and 50% to CTF / BNB liquidity providers
4. 25% of the profits of all products of the ecosystem (NFTL.art, cybertime.art and others) will be directed towards the buyback of tokens from the market and distribution among liquidity providers and the fund
Tokenomics
BEP-20 Token
Name: CyberTime Finance Token
Symbol: CTF
Total supply: 86,400
Distribution
70% - NFTL / BNB LP Pool
20% - CTF / BNB LP Pool
10% - Team
We laid down the logic in a smart contract based on shares by pools - 80% NFTL / BNB and 20% CTF / BNB and 10% to the team from both pools.
It turns out that all CTF tokens will be distributed according to the following scheme:
From the second month and every 30 days the decrease will be 80%. Such a scheme will be softer. We present you a table of token distribution for the next 12 months in our Docs.
NFT League Token
Description
What are the benefits for $NFTL holders?
1. NFTL will be the platform’s key token. Artists’ works will be sold for NFTL, there will be a crypto token market for artists paired with NFTL, NFTL can be used to buy access to Fantasy League, etc. The demand for a token increases its value.
2. We thought to make a burn rate to reduce the number of tokens (we will raise this issue later at the DAO voting), but now we are thinking about developing an accelerator for NFT artists, young teams in the field of NFT, creating cross-chain solutions for NFT, virtual worlds on BSC base, etc.
3. We planned to send 25% of the income from the platform to NFTL / BNB liquidity providers
Tokenomics
BEP-20 Token
Name: NFT Fantasy League
Symbol: NFTL
Total number of tokens: 86,400,000
Distribution scheme:
30% Cyber Farming
35% Crypto Artist Contests
35% Fantasy League
We create an exclusive NFT collection of 86,400 NFTs (seconds in 24 hours).
This is a performance project that develops at the expense of the community. We plan to work with authors, winners of NFT League stages to create unique NFTs.
Each author is allocated 1 minute = 60 seconds = 60 NFT, where he creates a unique work. It will be the same on all 60 NFTs, the only difference is the changing seconds. Having bought 1 NFT, a person buys 1 second from the CyberTime world.
The peculiarity of the project is that a native token will be launched. $SEC, which will allow the owner of the NFT to make an exchange in one direction and the other at any time. This will greatly increase the liquidity of the NFT.
Within the league, all stages will be divided into 2 directions of payments: BNB & NFTL
During the BNB stage: voting, Fantasy Team formation, auction sale will be for BNB. Accordingly, during the NFTL stage, all calculations will be in this token.
All income from BNB stages is distributed as follows: - 50% goes to the buyback of CTF tokens at the market price and this CTF tokens goes to CTF/BNB pool stakers - 50% goes to the buyback of CTF tokens at the market price and this CTF tokens goes to the Community Development Fund
Distributes all income from NFTL stages as follows: - 25% goes to Community Development Fund - 25% goes to NFTL/BNB LP stakers - 25% goes to buyback CTF at the market price and give CTF/BNB LP stakers - 25% burn rate
The team will not have access to Community Dev Fund. The distribution of the amount will take place through the voting of the token holders
Voting system: - We will launch a voting system on the https://snapshot.page platform. - Each owner of 8.64 CTF tokens can vote.
On the basis of the Community Development Fund, we plan to launch the DAO Accelerator to develop an entire ecosystem of CyberTime-based products and support promising teams and crypto artists. The main condition is that part of the profit will go to the redemption of NFTL & CTF tokens, which will be returned back to the DAO Fund.
Learn about Cryptocurrency in this article ☞ What You Should Know Before Investing in Cryptocurrency - For Beginner
NFTL has been listed on a number of crypto exchanges, unlike other main cryptocurrencies, it cannot be directly purchased with fiats money. However, You can still easily buy this coin by first buying Bitcoin, ETH, USDT from any large exchanges and then transfer to the exchange that offers to trade this coin, in this guide article we will walk you through in detail the steps to buy NFTL
You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT)…
We will use Binance Exchange here as it is one of the largest crypto exchanges that accept fiat deposits.
Binance is a popular cryptocurrency exchange which was started in China but then moved their headquarters to the crypto-friendly Island of Malta in the EU. Binance is popular for its crypto to crypto exchange services. Binance exploded onto the scene in the mania of 2017 and has since gone on to become the top crypto exchange in the world.
Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer, and buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT)
Step by Step Guide : What is Binance | How to Create an account on Binance (Updated 2021)
Next step - Transfer your cryptos to an Altcoin Exchange
Since NFTL is an altcoin we need to transfer our coins to an exchange that NFTL can be traded. Below is a list of exchanges that offers to trade NFTL in various market pairs, head to their websites and register for an account.
Once finished you will then need to make a BTC/ETH/USDT deposit to the exchange from Binance depending on the available market pairs. After the deposit is confirmed you may then purchase NFTL from the exchange.
Exchange: PancakeSwap
Apart from the exchange(s) above, there are a few popular crypto exchanges where they have decent daily trading volumes and a huge user base. This will ensure you will be able to sell your coins at any time and the fees will usually be lower. It is suggested that you also register on these exchanges since once NFTL gets listed there it will attract a large amount of trading volumes from the users there, that means you will be having some great trading opportunities!
Top exchanges for token-coin trading. Follow instructions and make unlimited money
☞ https://www.binance.com
☞ https://www.bittrex.com
☞ https://www.poloniex.com
☞ https://www.bitfinex.com
☞ https://www.huobi.com
☞ https://www.mxc.ai
☞ https://www.probit.com
☞ https://www.gate.io
☞ https://www.coinbase.com
Find more information NFTL
☞ Website ☞ Explorer ☞ Whitepaper ☞ Source Code ☞ Social Channel ☞ Social Channel 2 ☞ Social Channel 3 ☞ Social Channel 4 ☞ Message Board ☞ Coinmarketcap
I hope this post will help you. If you liked this, please sharing it with others. Thank you!
#blockchain #bitcoin #cybertime finance #nftl