Metamorphosis Whitepaper

BlackMarket Genesis
5 min readSep 15, 2022

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Vision:

“When you build it, they will come.” — Sounds easy, but it’s not.

Sustainability is the key in both worlds. That’s why we are creating Metamorphosis Black Market (First Crypto E-Commerce Space in WEB 3.0) that will cater to both worlds.

Through fully decentralized and anonymous sources, IRL people will utilize Metamorphosis Black Market for IRL goods and services paid exclusively with Crypto. These same transactions power Post-Apocalyptic Metamorphosis’s Black Market.

The Challenge:

Since we are all Degens, most of our funds are in Crypto and outside of centralized exchanges. Most of us are too lazy to buy a ledger and secure funds. The problem is that sometimes we need things from the real world. However, it’s impossible to buy them with crypto.

On top of that, most of us are un-bankable. Some of us don’t even have Bank Cards. So we can’t even make simple transactions. Ending up wasting a lot of money buying degen nfts that end up in hidden folders.

The Product:

The Black Market (First Crypto E-Commerce Space in WEB 3.0) has been online weeks before the launch of the NFT collection, becoming a cash flow machine powering the whole Metamorphosis Ecosystem. We believe in utility first and mint later. We don’t over promise on roadmaps. We deliver products.

Our Minimum Viable Product (MVP) already enables purchases for products such as Discord Nitro, Prepaid Cards and other digital products.

Check it out yourself on blackmarket.network

Utility for NFT holders:

When it comes to utility, we want to offer different target groups different possibilities of what they can do with their NFT and what kind of benefits they can get.

The NFT community is diversified in so many ways and this must be represented in the utility a project offers.

We can divide the utility in three different segments:

  • Special experiences, only available to holders
  • Flash sales with crazy discounts on popular products
  • Long-term investment opportunity for holders

NFT holders are the core of the BlackMarket.

Thinking long-term and outside the box:

At its core, the blackmarket.network is an e-commerce solution with a crypto component. E-commerce is one of the biggest species in the world, generating trillions of dollars for companies, merchants, and sellers.

However there is no solution that offers an Amazon like experience for crypto holders. Well, there is one now and it’s called blackmarket.network.

The blackmarket.network you can access right now is the first version of the future of crypto e-commerce. Just like any other startup, we start with a basic offering for our customers: buy a selected number of goods directly from us.

This is the first step, but the future looks way different. What we are building is not a platform that sells 10 products, but a marketplace for everybody to sell digital and physical goods.

Selling on the blackmarket.network as an NFT holder

In order to become a marketplace merchant on our platform, you will have to have one thing: The metamorphosis NFT. That’s right, if you want to use the platform and become a player in the space, you must hold at least 1 Metamorphosis NFT. It works as a gatekeeper to make sure that, only legit products will be offered on the blackmarket.network.

Benefits for holding/staking

We understand that not everybody wants to be a seller but wants to benefit from the success of the blackmarket.network, that’s why we offer holders the opportunity to stake their NFTs in return for our own coin $META. While we are introducing several new blockchains and currencies on our platform (ETH and SOL are already integrated), there is a necessity for our own coin. This will use give the flexibility to keep the costs low and at the same time offer holders benefits in the Long-run.

Stakers will receive a share of the $META coin that increases with the time they stake. The coin will be tradable on several DEXs and at the same time it can be used to purchase goods on the blackmarket.

Flash Discounts

Blackmarket.network will have Flash Discounts on Digital Products.

To be eligible for a discount you will need to hold Metamorphosis NFT.

We have also implemented a discount multiplier which is adjusted by the quantity of NFTs the user holds.

For example:
There is a 10% Discount for Amazon Gift Card worth 100.00$
The general discount will multiply up to 5.
In other words, if you hold:

1 NFT you get 10%
2 NFT — 20%
3 NFT — 30%
4 NFT — 40%
5 NFT — 50% (Yes, you will be able to buy 100$ Amazon Gift card for 50$)

10 NFT+ — Free Airdrops

Access to Exclusive Goods

Metamorphosis Holders will be able to access the exclusive section on the Blackmarket

The section will include products/experiences such as:

Stay in Dubai and Drive Ferrari
Sport Events (Champions League Tickets, NBA Tickets)
Experiences such as Jumping with Parachute
Concerts (Tomorrow land and Burning Man)
Yacht Trips in the Mediterranean Sea

Metamorphosis holders will be able to connect their wallets to the Blackmarket website and access 24/7 support chat, where they can further discuss details of products and get more information.

From the beginning the products mentioned above will be in limited quantities, our team will seek to improve the stock and varieties.

Summary:

Metamorphosis is part of a new wave of projects with the agenda of building first and selling later. We come from a startup background, where the only goal is to deliver products first and worry about funding later. This is why we launched blackmarket.network BEFORE the mint.

We think long-term and want our holders to think the same way.

Links

Blackmarket: https://blackmarket.network/

MetamorphosisNFT : https://www.metamorphosisnft.xyz/

Metamorphosis Twitter: https://twitter.com/MorphosisNFT

Welcome to the future of e-commerce.

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