In the dynamic world of blockchain technology and non-fungible tokens (NFTs), innovation never sleeps. The X-NFT project is taking a giant leap forward with an exciting partnership with Meld Gold, a trailblazer in the world of digital gold-backed assets. This groundbreaking collaboration promises to revolutionise the NFT landscape by providing awards to our NFT holders. In this article, we’ll delve into the details of this partnership and explain how it will work.
X-NFT & Meld Gold: A Symbiotic Partnership
The partnership between X-NFT and Meld Gold is set to redefine the way NFT collectors are rewarded. Meld Gold, known for its expertise in digitising and tokenising precious metals, brings a unique dimension to the world of NFTs. Together, they are creating a system where holding X-NFTs not only means owning digital art but also having the opportunity to claim valuable real-world assets.
Year of the Rabbit Awards: Rarity-Based Rewards
The first series of awards in this partnership will be the 2023 Year of the Rabbit NFTs. These awards will be distributed based on the rarity of our holders NFTs. The rarest NFTs in this series will receive Gold imbued awards, the next level of rarity will receive Silver imbued awards, and the least rare will receive Bronze NFTs. You can follow your NFT position in the leaderboard along with the snapshot countdown at x-nft.art.
Note: It’s essential to understand that the rarity score of our NFTs may fluctuate over time due to the burn mechanism. This mechanism removes/burns NFTs and therefore associated traits from the ecosystem, impacting rarity. The most accurate and reliable source for tracking rarity is on the Hone platform, accessible at hone.fi. While other NFT marketplaces may provide valuable services, they might not fully reflect the real-time changes in rarity caused by our burn mechanism, please make sure to use Hone.fi for the most accurate and current information on our NFT rarity.
The Gold and Silver awards are particularly exciting because they are imbued with physical precious metals — gold and silver, respectively. This means that the value of these awards is tied to the real-world prices of these metals, providing a unique level of security and value to NFT collectors. Gold and Silver NFT’s can be burnt for GOLD$ & SILVER$ at Hone.fi.
2023: A Year of Rarity
The 2023 Year of the Rabbit NFTs are expected to be among the rarest and most sought-after award NFTs in the X-NFT ecosystem. This rarity is due to the fact that only two series were produced in 2023, Peppemint and Coopa Troopa, meaning a smaller amount of the awards have been produced.
Gold
There are only 50 gold coins, holders of our rarest NFTs in their wallets at the time of the snapshot will be able to claim one Gold Coin for each eligible NFT (redeemable for 1x GOLD$).
Silver
Silver
There are only 100 silver coins, holders of the next 100 rarest NFT’s (after gold) in wallets at the time of the snapshot will be able to claim one Silver Coin for each eligible NFT (redeemable for 1x SILVER$)
Bronze
The final reward is Bronze, this is represented by the Bronze rabbit NFT which will be rewarded to the 200 rarest NFT’s after silver.
Ongoing Quarterly Releases
The partnership between X-NFT and Meld Gold isn’t a one-time event. Instead, it’s a commitment to providing ongoing rewards to NFT holders. Quarterly releases are planned for 2024 (year of the dragon..), ensuring that collectors have a continuous opportunity to earn valuable awards by collecting X-NFTs. It is important to note that the parameters for awards may fluctuate, meaning any NFT could be eligible for awards in the future.
Claiming Awards on Hone.fi
Claiming your awards is a straightforward process. X-NFT collectors can head to Hone.fi, a secure and user-friendly platform, to claim their rewards. Whether you want to burn your awards for $GOLD (Gold Rabbit Coin = 1x GOLD$) or $SILVER (Silver Rabbit Coin = 10x SILVER$), Hone.fi will facilitate a seamless process, ensuring that collectors can access the intrinsic value of their NFT’s.
Stay Updated: Follow @xNFT_ART
For the latest updates and announcements regarding X-NFT and its partnership with Meld Gold, be sure to follow the official X-NFT Twitter account: @xNFT_ART. This will be your source for news, insights, and exciting developments in the world of X-NFT and precious metal-backed NFT awards.
Conclusion
The X-NFT project has always been about pushing the boundaries of what’s possible in the world of NFTs and giving back to our community. The partnership with Meld Gold takes this mission to new heights by introducing tangible, precious metal-backed awards for NFT collectors. As the Year of the Rabbit awards kick off at the end of 2023 and quarterly releases continue, X-NFT holders are in for an exciting journey where their NFTs aren’t just digital art but keys to real-world value. Stay tuned for more updates, and don’t miss your chance to be a part of this groundbreaking collaboration.
About X-NFT
This groundbreaking initiative presents a unique fusion of Decentralised Finance (DeFi) and NFTs, empowering users to earn X-NFT rewards through LP pools on Algorand DEXes such as Pact, Tinyman and Humble while claiming and managing them effortlessly via Hone.
About Meld Gold
We believe in the stability of gold as an asset, and we champion its role as the global currency of the future.
That is why we are so passionate about delivering a robust technology solution that can improve and amplify gold’s utility for businesses and customers alike.
Meld supports the entire gold supply chain, offering a safe, secure, and stable platform on which investors and industry partners can rely on.
