MNFT$ Token

Party to Earn | Stake NFTs | Spend in the Metaverse

The $MNFT Token

The $MNFT token is the main currency of the PARTY-TO-EARN ecosystem and plays a central role in every interaction made on our dancefloors, stages, affiliated talent drops, and partner events.

$MNFT is used to purchase special NFTs such as wearables and skins that can be used across multiple metaverse platforms. It is also the reward for participants and VIP membership NFT holders, unlocking early access to special events, unique content, and rare NFT drops.

In addition to these uses, $MNFT can also be spent to rent out one of our many metaverse venues for private events, or at our arcades and RL events to purchase merchandise and experiences. As a versatile and valuable currency within the PARTY-TO-EARN ecosystem, $MNFT is an essential part of the immersive experiences offered by MultiNFT.

Maximum Total Supply: 4,200,000,000

Supported Chains: Ethereum + Polygon (more TBD in 2024)

Smart Contract: ERC 777 Diamonds + multiple ERC 721s

BRINGING FUNGIBLE AND NON-FUNGIBLE CLOSER

MultiNFT is committed to making the metaverse approachable and useful for everyday users. Leveraging our extensive network of leading projects and artists, the $MNFT token – in combination with our web3 applications and multiple metaverse headquarters – enables a seamless synergy of experiences and VIP access for participants, driving the growth of a thriving user vs creator economy.

Some of the ways in which $MNFT is used within our ecosystem include:

  • Paid event tickets, which provide treasury income in both $MNFT and $USDT

  • NFT agency collection collaborations, which also provide treasury income in $MNFT and $USDT

  • The metaverse venues rent module, which generates treasury income in $MNFT and $USDT

  • Party2Earn rewards, which create treasury spending in $MNFT

  • Vaulting rewards, which incentivize participation in the ecosystem while reducing NFT sell pressure and creating treasury spending in $MNFT

Overall, the $MNFT token plays a key role in bringing together various elements of the metaverse and enabling a wide range of immersive experiences for our users.

To ensure the stability and value of the $MNFT token, 50% of all profits generated by the MultiNFT treasury and LLC company are used to buy back and lock in liquidity from the public markets. This prevents price erosion from P2E (Party2Earn) and helps to maintain the value of the token for our users. By regularly buying back $MNFT from the market, we demonstrate our commitment to supporting the value of the token and to providing a strong return on investment for our community.

NETWORKS AND LIQUIDITY

The MultiNFT token is firstly launched as an ERC777 token on the Ethereum blockchain with a polygon sidechain and zkrollups for NFT stakers and party earners. Investors and Yield farmers will be able to stake their token to provide further liquidity through our panel and also via public DEX and CEX pools, followed by multi-chain liquidity on Polygon (MATIC), Binance Smart Chain and more.

The main purpose of our multi-chain liquidity is to enable seamless immersive integrations with our partner metaverses such as Decentraland (MATIC).

SEED ROUND

Panda Capital Hong Kong 200,000 USDT 6M cliff \ 18M vesting Linear

DAO Kondr Russian Federation 200,000 USDT 6M cliff \ 18M vesting Linear

INITIAL TOKEN DISTRIBUTION

PUBLIC SALE DATE: 20/04/2022

PUBLIC SALE PRICE: 0.07 $USDT

NUMBER OF TOKENS FOR SALE: 61,600,000 $MNFT

DEX LISITNG: Q1 2023

Token Cap Table

Treasury 32%

Locked DEX Liquidity 21%

Team and Founders 10%

Community Fund 10%

Growth. Marketing 9%

Advisors & Partners 8%

Pre Sale 7%

Seed 1.25%

Series A 1.75%

PreviousMEW Multi Events Wallet

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