NEARton

Looking to mint or buy NEARton on secondary? Here’s my guide to help your research and save time. Knowledge is NFT power.

Key Information

  • Supply: 3,000
  • Websitehttps://about.nearton.org/
  • Twitterhttps://twitter.com/MetaNEARton
  • Discord: discord.gg/nearton
  • Mint Cost: TBA (approximately $100 in NEAR)
  • Whitelist Mint Date: WL February 25th, 6 pm UTC – (444 coolest houses)
  • Public Mint Date: February 27th, 6 pm UTC
  • Roadmap Summary: At it’s core NEARton is a collection of 3,000 houses on the NEAR blockchain. There are two core elements – a DeFi strategy game where you stake your NFT (including partner collections) to earn the NEARton token ($NEXP). And secondly to provide a beautiful gallery for your assets.

Soleco Take

One of the most highly anticipated NEAR NFT launches due to its unique utilities including a DeFi strategy game, NFT staking (and with other projects) and providing a visual gallery for your NFT assets. Combine this with building a fervent large community and the narrative is very strong for a successful NFT project. Reminiscent of the much loved Solana project, Solsteads, NEARton through it’s extensive roadmap ideas may well be able to combat the issues Solstead had i.e. you need more than a gallery to house your NFTs to maintain interest.

Soleco
  • Brand Story: very strong – bringing both individuals and their collections together in a NEAR neighbourhood.
  • Team – from what I can see there is a core team of two, one tech lead and a creative/community driver. Funded by Big Brain Investments so perhaps there is more resource behind the scenes.
  • Mint Price – on the pricey end at around $100 – or under today’s rates (14th Feb) 10 NEAR
  • Availability – 444 of the coolest houses (From 3,000) will be for whitelists.
  • Discord – Huge and engaged. 6,736 members as of 14th Feb.
  • Partnerships – Very strong. Funded by Big Brain investments. NEAR Grant. Staking partners include @ASAC_NFT, @KokumoKongz, @ClassyKangaroos, @nearnauts and @Near_Tiger
  • Designs – NEARton did redesign the look of their houses. Design is of course subjective, I’m not a huge fan of these.

Team

an experienced tech lead, one of those rare talented developers who love to communicate with people

Alex Goodv1n (https://twitter.com/alex_goodv1n)

an artsy person, passionate about everything creative, be it writing, drawing, or building a community

Raspberry An (https://twitter.com/RaspberryAn1)

Roadmap

Latest Tweets

Community

Super engaged large Discord group.

Rarity

Not release yet but 444 of the ‘coolest’ (so you’d expect the most sought after) will go to whitelisters.

Partnerships

Big Brain Holdings

Big Brain Holdings are a well established investment vehicle with strong presence in Solana and NEAR ecosystems. They are represented online by https://twitter.com/SOLBigBrain and https://twitter.com/nearbigbrain

NEAR

Like many NEAR NFTs they have gained a grant from the NEAR foundation.

Influencers

Lots of chatter from influencers in Solana and NEAR including NearBigBrain who are also investors.

Design Examples

Due to feedback NEARton have revised their designs. Here are some examples:

NEARton Whitepaper

This is available at https://whitepaper.nearton.org/

We’ve embedded a copy below (12th Feb edition)

Introduction

NEARton is a DeFi strategy game based on NFT Staking and a beautiful gallery for your assets, powered by NEAR Protocol.

Sounds sweet, right? But what exactly does it mean? Let’s figure it out together step-by-step.

  • First of all, NEARton is NFT Collection itself. Each house is NFT with its own rarity attributes.
  • We will have a map of the town, and a shareable gallery page for each house to show off your home and your other NFTs.
  • DeFi strategy game – this doesn’t mean that it’s a “classic game” where you fight against mobs. We’re going to gamify the NFT staking process with rarities, boosters, and the ability to stake NFTs from other well-known collections. So, the combination of all your NFTs will affect your $NEXP rewards rate.
  • You can spend $NEXP inside (and we hope outside) the town on additional accessories for your houses, gambling, self-promotion on local radio, and other fun stuff.
  • After NFTs distribution, we’re going to create a DAO for all holders. DAO will decide which other collections to partner with for staking.

Motivation

Our main goal is to connect strong NFT communities on NEAR and provide additional utility for NFT collectibles by staking.

NEARton is the project for the ecosystem, and we believe it can attract more NFT collectors from other chains and make rarity sniping fun again.

And, of course, NEARton is a fun way to flex your NFTs.

NFT Staking

You are probably already familiar with the staking concept from the DeFi sector or know about the Proof of stake consensus mechanism, but what the heck is “NFT Staking”?

Let’s dive into that.

How it works

In short, you stake your NFTs by locking them in the Smart Contract Vault and then receive $NEXP rewards according to your Staking Rate.

Important:

  • We don’t control your NFTs. You can unstake them at any time
  • Not every NFT will be eligible for staking. Initially, you can stake only NEARton NFTs, but we’re going to connect with trusted collections to create the pool. It’s up to the community to decide which one should be in the pool.

The Staking Rate

The Staking Rate is the most interesting and tricky thing because its value is calculated based on your assets.


Each home has a base Staking Rate (bSR)

bSR is calculated based on house district and rarity attributes.

bSR is static. You will know it after the mint.

And if you stake more than one home there are bonus points (BP) per each NFT.


The NFTs from external collections will also have their own bSR and BP.

NOTEBP is needed to encourage people to accumulate assets in one account to get more rewards.


To clarify the process, take a look at the picture below.

Summary

In short, the more NFTs you stake, the more $NEXP you get. We give a bonus for staking more than one NFT from the same collection.

You earn rewards per day (24h cycle) and can claim them anytime.

The $NEXP token

$NEXP ( NEAR eXperience Points) is the utility and loyalty token dedicated to NFT enthusiasts on NEAR Protocol.

The main purpose of the $NEXP token is to reward early NFT adopters on NEAR and add additional utility for our NFTs & others collections.

But what about utility?

  • Ability to buy NEARton NFTs via $NEXP
  • NEARton will create the ecosystem around it so both residents and guests will be able to spend $NEXP inside the town.
  • Partnerships with NFT collections will let people buy some part of supply via $NEXP

Loyalty aspect:

Think about $NEXP not only as “money”, it’s like XP in RPG. The more good NFTs you collect, the more $NEXP you get.

$NEXP is the opportunity for the devs to engage their holders in the long term and give another reason to HODL their NFTs.

$NEXP Tokenomics

Total Supply – 100,000,000

$NEXP Distribution
Purpose% of Total SupplyNumber of TokensCirculation
Team15%15,000,00012-month vesting period
Marketing & Airdrops1%1,000,000Initial Circulation
Liquidity pools4%4,000,000Initial Circulation
VCs & Advisors15%15,000,0006-month vesting period
Public Sale15%15,000,000Initial Circulation
Staking Rewards50%50,000,00018-month distribution period
Total Initial Circulation – 20,000,000 (20%)