NFP (NFPrompt)Project Analysis
1. Research Institute Review
NFPrompt is the first platform to combine AI and NFT, providing users with a unique experience for creation and collection. It allows users to generate NFTs using their imagination rather than relying on existing images or videos. NFPrompt conducted liquidity mining on Binance Launchpool, attracting a significant number of users, thereby enhancing the liquidity and distribution of NFP. This initiative also increased NFP's exposure and recognition.
2. Recent Developments
NFPrompt, incubated by Binance Labs, has received support and recognition from Binance. It recently participated in Binance Launchpool's new coin mining Fair Mode activity, positioning itself as one of the projects in Binance's AI track.
3.Project Introduction
NFPrompt is an AI-driven platform for artistic creation and NFT trading, allowing users to generate unique NFT artworks using their imagination and sell or collect them on the platform. As the first Web3 AI Prompt UGC creation platform, NFPrompt combines AI and blockchain technology to offer users an innovative and enjoyable experience.
4.Token Utility
NFPrompt is a community-oriented platform that uses the NFP token to incentivize and reward user participation and contributions. Users can hold NFP to enjoy platform benefits, services, and governance. Additionally, they can showcase their talent and creations by participating in platform activities and contests.
5.Token Economic Model
Total Token Supply: 1,000,000,000 NFP
Launchpool Token Reward: 110,000,000 NFP (11% of total token supply)
Initial Circulating Supply: 250,000,000 NFP (25% of total token supply)
Team: 15%, Treasury Fund: 27%, Growth Fund: 27%, Other: 20%.
6.Investment Institutions
Binance Labs.
7.Community
77,000 followers on Twitter, 43,000 members on Discord. The community is predominantly composed of international members.
8.Future Outlook
With the rise of BRC20, minting activities on many blockchains are becoming more popular. Unlike other projects, WHEN on the hot Solana chain adopts a unique minting method, namely a lottery system. In each block, a valid minting factory is selected using the block hash as a random number generator. If minting fails in a block, the corresponding fees will be added to the AMM pool without providing a refund. All fees collected from minting will be injected into an Automated Market Maker (AMM) pool to enhance protocol liquidity. This unique minting method has become a social experiment, attracting widespread attention. The community is currently vibrant, with the Discord chat group being exceptionally active. Analysoor (ZERO), the second token from the same project on the Solana ecosystem, just completed minting, and the community interest is high. Many people started paying attention to this project during the IDO phase, and the token just went live yesterday. With a large initial pool and LP burning, the project's first token, ZERO, has a wealth effect, and the future market value is expected to continue to increase.
9. Project Highlights
NFPrompt has introduced the first-ever AI-driven platform for artistic creation and NFT trading, allowing every user to become an artist and claim ownership on the blockchain. The ability for AI models to generate stunning artworks from text prompts has revolutionized the digital art era. NFPrompt facilitates easy creation of NFTs (NFP) by providing interfaces for AI models, allowing users to realize their imagination. Users can fully customize their experience by using different AI models and adjusting settings to reflect their creativity.
10. Special economic model
None
Basic Information
Project Introduction: NFPrompt is an AI-based platform for artistic creation and NFT trading, allowing users to generate unique NFT artworks using their imagination and sell or collect them on the platform. NFPrompt is the first Web3 AI Prompt UGC creation platform, leveraging the combination of AI technology and blockchain technology to provide users with an innovative and enjoyable experience.
Token Full Name: NFPrompt
Token Name: NFP
Project Website: https://nfprompt.io/
Project Documentation: None
Block Explorer: https://bscscan.com/address/0x75e8ddb518bb757b4282cd5b83bb70d4101d12fb
Liquidity Explorer: https://bscscan.com/token/0x75e8ddb518bb757b4282cd5b83bb70d4101d12fb
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CoinW Institute
2023/12/27