Let’s make NFTs great, again!
Lift-off — 24th April’21
An offering for you to be part of the internet history and going by a unique name — 1Million NFTs is a super interesting project that launched recently by announcing a Triple IDO all on the 24th of April’21!
Quick Recap — What is this project about?
A smart-contract-based web3 platform on Ethereum blockchain with a 1000x1000 pixels grid. Each pixel is an ERC-721 NFT token with its location. Users will have an opportunity to buy, sell, rent, and paint them to create any picture with any link inside by painting pixels only using ERC-20 tokens.
What makes the 1MillionNFTs project so different?
A long time ago, when genius Alex Tew created a 1000x1000 grid, it was sold on eBay for a whopping $38'100 - followed by Redditt, a few years later, launched an experiment called Place where every registered user could place a pixel every five minutes for free!
This is exactly like that but a take on NFT’s and in terms of an idea, it’s something that nobody has ever done before!
The Token model in a nutshell!
So in terms of their token model, there are two: the ERC-721 NFT token which is a blockchain proven ownership of 1 pixel in the 1000X1000 grid, and then they’re going to have their token on 1MIL which is the ERC-20 token which enables users to buy NFT pixels and paint them creating some pictures on the grid.
And how does this works?
With a Total supply of 10’000’000 1MIL tokens, there will be lockups and strategic sales where investors for example will get only 10% on TGE allowing them to grab and paint only 10% of Strategic TOP place. However, the priority right to get 100% of the strategic location will last for 6 hours and since they don’t have enough tokens the right thing to do is go to the market and buy more, or lose the priority to get a strategic location, so others can grab it.
You can learn more on the model here: https://1mlnnfts.com/deck
This is HUGE!
So who all staked their place in the 1Million NFTs history?
Partnering with Sky Ventures, CoinMarketCap, and Hapi, among others — there is clearly a lot of interest and excitement in this project already!
This has been a very big launch and with this project, you’re going to be buying a piece of real estate on the grid! Personally what this reminds me of is Decentraland Mana where you can go ahead and buy parcels of land on Decentraland and these land parcels are the cheapest things in the world!
So if we see a similar thing unfold where a bunch of users is interested in the project and they start developing and building on the grid and I think this thing can really take off!
Let’s wrap things up!
1million NFTs is a community-driven NFT project and it has a lot of interest from a lot of big investors and it has the potential to do very well.
They’re going to have a dashboard and asset management along with a marketplace where you can buy and sell tokens. Overall, this project is very promising and can blow up given the meme style it has. I’d give it pro.
I am personally really interested to see how everything unfolds with this project in the long run! So don’t miss out on the chance to STAKE OUT YOUR PLACE in the NFT HISTORY.
If you would like to know where to buy 1MillionNFTs, the top exchanges for trading in 1MillionNFTs are currently MXC.COM, Uniswap (V2), 1inch Exchange, and DODO.
You can check out more on the project by visiting the links below:
Twitter: https://twitter.com/1MillionNFT
Website: http://1mlnnfts.com