The mission of MADNFT — to enable all creators, musicians, influencers and athletes from all sectors to convert their assets into NFTs.
How does MADNFT work?
MADNFT — an NFT marketplace that supports the creation, purchase and sale of NFTs (non-fungible tokens), minted on the Harmony blockchain. $ONE, Harmony's native token fuels all transactions on the MADNFT platform, unlike Rarible or OpenSea which use $ETH. You can also use FIAT currency to buy NFTs.
Whenever you create a collectible, you can set a certain percentage as a royalty for resales. Example: you create a digital painting and sell it for 10ONE, the fee is 10%. Your buyer at some point sells your painting for a higher price of 50 ONE. This is where the royalty system comes into play. As an original content creator, you get 10% of this sale, i.e. 5 ONE.
Authentication:
| 1. | You can check the authenticity of the NFT directly on the madnfts > NFT page or by using a reverse image search. |
| 2. | Each Creator and NFT will be reviewed by the team until a governance token is launched, where the community can vote on what gets approved on the platform. |
Currently, madnfts works on mobile devices thanks to its responsive design. An app will be added in the future. Also, a VR gallery is being developed where creators can showcase their work online in the metaverse.
This includes: active community participation, represented by engaged followers and social interaction, as well as motivated creators who go out of their way to spread the word MAD to help other creators to discover and enter the MAD platform.
Project usage rules
Your NFTs will be stored securely in your MAD account and you can use them at any time once you have your wallet set up. Firstly, install the Matamask extension in Chrome. Usually, if everything is in order, your NFT will be available to the public no more than 7 days after upload. This period gives the community time to double-check if your new NFT violates any of the community rules. Once your NFT is approved, it will become visible to everyone who visits the site.