Launching NFT art function of sToken

Dev Protocol
Dec 28, 2021 · 3 min read

Offer exclusive NFT art to supporters and make the staking experience more social!

sToken is an NFT given as a certificate of staking to patrons when they support (stake) creators. With this update, it is now possible for creators to freely add their artwork to their minted NFTs as a certificate for staking. sTokens, which can now be valued as art, will enhance the users’ motivation as well as make their staking experience much more exciting.

sToken history

So far, the main role of the sToken has only been that of a staking certificate. For example, when a patron stakes DEV for a creator, they only receive an NFT which states the amount of Dev they’ve staked instead of receiving a cute or a fascinating punk character! That’s quite boring, isn’t it? With this update, creators can now add illustrations or images to their minted NFT’s, making their sTokens more rewarding to own.

Advantages for NFT art function

The addition of the art function will bring about the following merits to the sToken function:

Example of NFT art with staking certificate — this is sToken.

https://tofunft.com/nft/arbi/0x40d999931f7055F670511860e24624939e71a96a/36

The NFT art function of sToken supports IPFS and allows you to set image, audio, and video.

In my view, this update will make the staking experience much more social and change the dynamic of the market. For example, creators can entice patrons of the platform by offering new, limited-run, exclusive NFT’s. Users who are interested in the NFT market will be enticed in staking for such a reward, thus attracting new patrons. This series of actions will both enhance the motivation of existing patrons as well as draw new users to the platform by offering this stimulating new staking experience.

Conclusion

This latest update provides users with the ability to start collecting unique NFT through staking. This kind of experiene will increase users’ staking motivation and contribute to the further growth of DEV’s creator economy.

The following link tells you how to set up an image for your sToken.
https://docs.devprotocol.xyz/en/stakes-social/attach-image/

Dev Protocol is the core of the Decentralized Creator Economy that supports sustainable revenue opportunity and global expansion with web3 technology. Tokenize your project with ‘Proof of Ownership’ and start your own economy easily with a powerful blockchain solution designed to help grow your projects.

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