SML NFT World
An NFT, or non-fungible token, is an irreplaceable, non-interchangeable entity that is unique and encoded into the blockchain. SML NFT World was born out of the necessity to introduce DeFi and blockchain technology to music.
What is SML NFT World?
SML (Super Music League) is the world’s first music entertainment NFT project, jointly established by the global crypto world technology team, music artists, and game creators. SML uses NFT technology to transform the intangible value of music, artists, and music lovers in real life into a unique asset in the crypto world. Cryptographic assets in the SML ecosystem are constantly decreasing under the destruction mechanism of application scenarios, and these crypto assets will generate incredible commercial value in the long term.
SML is not only an NFT game but also a pioneer in NFT expansion to Metaverse music. The concept of Metaverse, a science-fiction successor to the Internet, refers to the “ultimate form” of the web. It describes a world in which people interact with software as avatars in three-dimensional space. SML has been entangled with Metaverse since its inception. Users in SML are not just passive players but can play, create, and trade on their own terms, just like in real life.
After the outbreak of novel coronavirus, music artists and the industry of traditional music have all been negatively affected by various restrictions. However, the rapid development of the NFT music market has bred significant business opportunities. SML Music Metaverse integrates elements such as music, DEFI, poker, and Monopoly, and collaborates with many music artists and traditional music entertainment leaders to create a complete Metaverse music scene, providing opportunities for extensive digital entertainment, social connections, and business development.
How does SML NFT World work?
SML NFT world has 1 million constant blind boxes. The blind boxes are divided into two levels: common and unusual. The prices are different for different levels. Each blind box is designed in the form of poker in four colors: spades, hearts, plum blossoms and squares. There are 13 pieces of each color from A to K, giving 52 pieces in total. The four colors represent four music elements: spades correspond to music artists, hearts correspond to performance scenes, plum blossoms correspond to playing instruments, and squares correspond to music fans. The blind box needs to be purchased with SML. One NFT card of each blind box is randomly selected from 52. Each blind box can only be opened once, and the remaining 51 will be destroyed. One to ten blind boxes may be purchased each time.
Each NFT card has a specific music performance income value. The basic ticket income of different numbers is different and divided into 5 levels. The larger the number, the greater the ticket income. NFT cards can be purchased, sold, placed, replaced, and removed.
NFT cards can also be combined with card books to obtain SML tokens. The card books have a variety of specific combinations, and the basic ticket income of the combined card book’s NFT cards will take effect. Different numbers can also get different combination bonuses. Players with the card book can remove and replace the NFT cards in it. The replacement will change the total ticket income. If you don’t want to continue to hold the card book, you can remove it to dissolve the card book. Ticket income is calculated as follows: Total player ticket revenue = basic ticket revenue * (1 + combination bonus + combined card bonus) + invitation bonus.
There is a linear relationship between the total amount received today and the amount destroyed yesterday. Players receive today = total personal ticket revenue / weighted average of total network ticket revenue * total amount received today.
NFT cards can be purchased or listed for sale in the trading market. The premise of the listing is that the player has NFT card inventory in the card package. The premise of the delisting purchase is that the player holds SML token inventory, and the selling fee is 5%, purchases are feeless.
One of our proudest features is that 99% of all SML tokens consumed in buying blind boxes will be destroyed; the remaining 1% will be given to players as a reward and 100% of the transaction fee SML will be destroyed.
Tips from the team:
- Because BSC blockchain smart contract technology is used, your BNB will be deducted for each operation (we decided on BSC because of the cheaper gas fees relative to Ethereum).
- It is recommended to purchase 10 blind boxes at a time because the use-cost of blockchain for purchasing 10 and 1 is equal (every transaction has a fixed cost regardless of whether you buy 1 box or 10).
- Don’t underestimate the invitation bonus (inviting other players to join SML NFT World will get you an invitation bonus.).
- Try to buy unusual blind boxes, the income is significantly higher.
- Changing cards or forming groups among friends can multiply efficiency.
We recently had our smart contract audited by Know Chuangyu, an independent third-party company who reviews smart contracts to confirm their safety. Hence, our smart contract is verifiably secure and our users can enjoy our platform with the peace of mind that all associated data is safe.
Present and Future:
Since our launch, we have had explosive growth and community engagement! The community actively participated in the game, fully interacted with the SML team, and made several valuable suggestions. We owe many thanks and have sincere appreciation to the community for the support of our project. Because of the support and engagement, SML NFT World has recently formed a DAO, enabling public voting on community proposals and implementing resolutions as necessary based on these suggestions.
The team is proud to announce that we are now included on TockenPocket. As we continue on this journey to merge music with elements of NFT blockchain technology, DeFi, poker, and Monopoly, we are always striving to improve the user interface and spread the joy of our platform to the world. Learn more about us by visiting our website and following us on social media!
Summary:
We are proud of the progress we have recently delivered to our users and continue to work on improving our user experience on our platform. Our smart contract has been audited and determined to be safe by a third-party auditing expert. Visit our website and join our active Telegram group to stay updated.
Sincerely,
The SML NFT Team
About SML NFT:
SML NFT World integrates elements such as music, DeFi, poker, and Monopoly. It is the primary form of Metaverse. All NFT cards contain both original elements of digital music and real music artists.
Follow us on Twitter, Medium, Reddit, and Telegram, or reach us by email: official@smlnft.com.
