NFTBomb-Introduction to the first NFT protocol ecological project
The daily trading volume of Opensea, the NFT trading market, continues to hit new highs, Cryptopunks and Loot often bid sky-high prices, and the frequency of keyword search of NFT on Google is refreshing history. The breaking of the NFT concept, the emergence of various new projects and new models, and the active participation of users make NFT one of the hottest tracks in 2021.
Of course, in addition to the enthusiasm of NFT exchanges, collectibles and other fields, there is no shortage of new breakers in this market.
NFTBomb is one of them.
From the perspective of protocol ecology, NFTBomb strives to become the Ethereum in the NFT world. At the moment when NFT competition is fierce, NFTBomb is breaking it from other sides to stand in the NFT market with its own unique style.
Currently, typical NFT projects’ NFT characteristics are set by project parties, it empowers its value, and then transfers it to collectors. In the rule setting of NFTBomb, all NFT attributes are created and assigned by collectors (although this process is not completely customized by collectors, but is automatically implemented by smart contracts). Project parties can also create their own protocol ecology in the world view set by NFTBomb.
The significance of it is similar to a Project Ara modular mobile phone solution once launched by Google’s Motorola ATAP (Advanced Technology and Planning) department. In its expectation, Project Ara divides the smartphone into multiple modules, which can be independent and users can purchase the corresponding modules according to their needs, and then compose the smartphones they want. If the functions are damaged, you can replace them with the corresponding ones.
In other words, Project Ara can be “assembled” or “created” by users, and NFTBomb can also allow users or project parties to “create” their own NFT or NFT game rules within the rule ranges.
NFTBomb- the first NFT protocol ecological project
NFTBomb is the first NFT protocol ecological project, dedicated to creating a new paradigm of NFT finance. NFTBomb is not only including the NFT market, but also carrying a rich NFT protocol ecology. The market module links the real world and Metaverse assets altogether, while the protocol ecology solves out the problem of NFT liquidity. NFTBomb can help high-quality NFT protocal to reach more valuable NFT assets quickly so that to serve more NFT users.
As the current NFTs are still basically at the stage of fighting alone, occasionally there will be hot projects that can trigger some developers to enrich its ecology, such as the previous CryptoKitties and the current Axie Infinity. But this kind of expansion is more like icing on the cake, and it is hard to say that it can influence or change the “world view” of the underlying protocol.
NFTBomb embodies the self-cultivation of the underlying NFT protocol in the form of a Metaverse view. Other NFT and gamefi projects can build countless completely different worldviews based on NFTBomb.
In addition to providing this kind of ownership protocol ecology, NFTBomb can also provide a new paradigm of the citation protocol ecology. The citation protocol ecology is similar to the citation of academic literature. In other words, if you want to do a research project, do you need to start research from zero? This is completely unnecessary and meaningless, because you just need to stand on the shoulders of giants to avoid fool’s errands.
NFTBomb-existing protocol ecology
According to the requirements of NFTBomb, the underlying NFT protocol needs to be versatile enough, rich enough, and support continuous update and maintenance. It is a network composed of a series of sub-protocols, rather than a vertical extension of a single item, and it is not an expansion of the number of direct asset holders of a sub-protocol. What we should pay more attention to is the value and number of sub-protocols. These two are the core value of the underlying NFT protocol.
Currently, NFTBomb has built several major agreements:
- Beings Protocal
Beings protocol is the parent agreement of the project agreement ecology. All developers can issue their own protocal dividend governance NFT by calling the Beings protocal. In fact, the holders will get the benefits of the protocal. The Beings protocol can provide the market with blockchain native financial NFT assets while supporting the developers.
From the transaction of NFT assets to the convenient use of the NFT protocal, to the NFT dividend management of high-quality protocal projects, the project provides users with a one-stop DeFi experience, and provide NFT creators with liquidity so that to improve the efficiency of NFT market allocation.
The Beings Protocol will be launched soon. More original agreements are still in the process of negotiating-Zhongcai protocol, cross-chain protocol, synthesis protocol, fixed investment protocol, Zhongyun protocol, Zhongji protocol and so on.
2. Crowd Auction Protocol
Anyone can lock an NFT asset on the chain and initiate an INO contract on NFTBomb. Users participating in INO can participate in crowd auctions by sending ETH to the contract. After the success of the INO contract, the ownership of Ki (in the form of Ki) will be obtained according to the proportion, NFTB incentives can also be gained proportionally at the same time.
The original INO crowd auction protocol of the NFTBomb project is to publicize, market and financialize NFT assets, which is a fragmented Pro version. INO can greatly reduce the threshold for participation in NFT, even 1USDT can also participate in the public auction of masterpieces.
3. BOOM Protocol
The BOOM protocol allows the project party to initiate a BOOM pool and inject bonuses. All users who hold NFT assets can use their existing NFT assets to collide with random numbers on the chain and win the prize pool according to the rules. This is a non-destructive collision process. the collision on the chain requires a very small amount of BOOM fee. Except for the gas fee, all other costs will be injected into the BOOM pool.
It is foreseeable that this BOOM pool will grow rapidly under the speed of visible to the naked eye until someone hits the jackpot! Moreover, the BOOM protocol also has a bottom guarantee mechanism. If the BOOM pool bonus is not consumed within the specified time, the remaining bonus will be airdropped to all participating addresses according to the number of collisions.
Bottom line
The prosperity of the Metaverse is not far away, but the construction of the Metaverse requires a variety of basic raw materials, which do not need to be reproduced by each builder, so the emergence of a general-purpose underlying NFT protocol is required.
As a low-level NFT protocol network, NFTBomb provides a universal, rich, sustainable and scalable Meta NFT for upper-level protocols/products, and provides an incentive mechanism that continuously encourages ecological prosperity at the same time. NFTBomb expects to actually lead this new paradigm revolution and become the Ethereum in the NFT field.