ByteNext ecosystem evolves, building NFT-centric Metaverse with AR and VR enhancing

ByteNext ecosystem evolves, building NFT-centric Metaverse with AR and VR enhancing

ByteNext
ByteNext
4 min readOct 25, 2021

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Kickstarted early Q2 2021, ByteNext team set the navigation to the Metaverse to discover whatever this new blockchain venture has yet to offer. Along the way, we reaffirmed our resolve, aligned our vision and redesigned the way our system works, to ensure greenlight and profit for all its participants.

ByteNext is coming to Flow

We were discussing in our team how we can deliver comfort to NFT first-time adopters who never have a crypto wallet. Flow blockchain is a perfect fit in terms of fee-less, fast and secure transactions. All end-users will have seamless experience when they set up their first crypto wallet since the wallet will be created with their own email addresses.

What’s currently going in ByteNext’s ecosystem

With the physical art NFT Marketplace AvatarArt as the spearhead, ByteNext is eyeing for the extremely illiquid art assets around the globe. The idea behind AvatarArt is simple: Good art has been proven a reliable way to invest, but the entry barrier has always been too high for masses, art appreciation circles and collectors have always been quiet, collectors have no mean or no will to put the collections to the market, some art only been appreciated within national environment.

That sum up to $3 trillion worth of global illiquid art assets, underutilized, unknown and not sought for.

By minting physical arts into NFTs and tokenizing them, we remove the geographical limit and grant accessibility to the art market, granting greenlight and profit for all.

In the next few months, ByteNext will collaborate, investe and advise many creators to develop and launch their NFT projects on ByteNext Launchpad. ByteNext Launchpad will support both INO and IGO, as well as tokenized NFTs and a DEX with competitive features that will go live in Q3 2021 to provide more liquidity to NFT projects initially. This enables any artist, creator or owner to list and tokenize their collections.

The ByteNext’s Launchpad was configured to support both NFT and NFT DAO launches, bringing fair chances to everyone who is willing and capable to participate. Being a venture builder itself, ByteNext commits to share its knowledge, expertise, experience, advisors and experts resources network with any project that passes our application qualification.

What’s next?

We are on our way to a brand new system for creators, hobbyists, collectors and investors, enabling them to Defi every single activity or creation they can imagine of. ByteNext ecosystem will ensure DAOs auspiciousness with a friendly DEX and launchpad. Each user will have access to venture building experience, technology and competitive launching fees.

With that being said, it all comes to our utility token BNU new use cases

1.Trading fee on ByteNext DEX
2. Required in ByteNext NFT drops
3. Liquidity pool
4. Staking and Farming
5. Bidding for IDO seeding or presale ticket
6. Staking for bonus programs
7. Staking for special activity on ByteNext ecosystem
8. Staking for exclusives
9. Staking for membership and governance in ByteNext NFT DAOs.
10. Paying fees for every other service in the ecosystem, including future ones.

200,000,000 BNU tokens are allocated as follows

BNU Distribution

Vesting schedule is as follows

Token Vesting Schedule

Seed: 25% release 6 months after TGE, then quarterly release for 1.5 years.
Private: 25% release 6 months after TGE, then quarterly release for 1.5 years.
Strategic: 10% initially, 2 months cliff, then a monthly release for 1 year.
Public: 50% unlocked at TGE, then 50% after listing 01 month.
Ecosystem Growth: 2 week cliff, then monthly release for 2 years.
Team: 12 months cliff, then monthly release for 1 year.
Advisors/Partners: 12 months cliff, then monthly release for 1 year.
Farming: 10% per quarter, start unlocking when the farming program goes live.
Liquidity: Unlock 10% before listing, then linear 1 year.

We will unveil more details about the movement soon.

Need support on buying BNU, learn more about ByteNext or the upcoming NFT projects?

Website: https://bytenext.io

Twitter: https://twitter.com/Bytenextio

Telegram: https://t.me/ByteNextAnnouncement

Telegram Group: https://t.me/ByteNextOfficial

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ByteNext
ByteNext

ByteNext is a blockchain incubation hub that aims to make the Metaverse Economy a reality.