NFTb Holds First Community Vote for Phase 3.0

NFTb is looking to leap head-first into GameFi by burning 25% of its NFTb token supply as part of the cross-chain Non-Fungible Token (NFT) marketplace’s Phase 3.0 plans.

The Phase 3.0 proposal is currently up for consideration by $NFTb holders in the platform’s first community-initiated vote.

Initially launched on BNB Chain, NFTb is fully integrated with Ethereum, Polygon, and Klaytn, with Oasis next on deck.

“To burn a substantial chunk of our total supply will help to bring more value to the community. We want to reaffirm the team’s commitment to driving innovation within blockchain gaming while also supporting early to mid-stage start-ups looking to improve their ecosystem,” NFTb COO Mr Esen said in a Medium post.

According to the post, the NFTb team will roll out details on the full Phase 3.0 proposal over the next six weeks. Features include:

• Updated roadmap
• Tokenomics revision
• Increased utility for $NFTb
• New multichain gaming and metaverse platform
• Media and research HUB
• Increased focus on blockchain gaming
• Layer-one and -two ecosystem partnerships
• Expansion of local communities and global reach 
• Social Marketplaces
• KYC requirement for Launchpad users
• New Ambassadors Program 

To support the massive $NFTb burn, the platform is opening a 120% APY staking pool (with a 14-day staking period) at 10 a.m. UTC Dec. 6.

“The team feels confident that the launch of NFTb Phase 3.0 and expanding into GameFi & Metaverse verticals will create more demand and utility for the $NFTb token,” Mr Esen said. “Our vision is heavily backed by the leading L1 chains and we are well equipped to facilitate early-stage funding for gaming communities by amplifying them through our Launchpad and gaming MetaMarket.”

The price of $NFTb has responded positively, increasing by more than 12% in the past 24 hours, as of the time of writing.

For more information, including step-by-step instructions on how to join the community vote, see NFTb’s Medium post.

What is NFTb:

NFTb is an NFT exchange protocol built on the BNB Chain network. The platform can be accessed anywhere around the globe and is rumored to have partnered with hundreds of graphic designers. The project's chief concern is providing a powerful and easy-to-use platform for content creators to use while at the same time creating an affordable experience for NFT collectors by leveraging the power of BNB Chain.

Where to find NFTb:

Website | Twitter | Telegram | Discord | Blog |