Value Proposition - Platform Design
In contrast to conventional marketplaces, the Zomta NFT marketplace is differentiated by the following:
Scarce By Design
All platform content will be minted in limited quantities or accessed from other NFT compatible blockchains when ready. Provable scarcity gives creators a new dimension of customization while also inevitably enabling the emergence of secondary markets.
Customized Distributions
We support our users from entrepreneurs establishing their own storefronts to creators who love to share within their community in how they want to distribute their content. Configure your goods for one-click purchase, silent/public auctions, purchase approvals, redemption, or even a free drop for your patrons.
Content Agnostic
Zomta is open to all content types from 2D images to 3D models, internet domains to music albums. The platform aims to normalize NFT trade, so our users will naturally discover the content they want to create and transact with.
Decentralized Trade
Trade directly and leverage confidently with any user on the platform through automated smart contracts hosted on the public and proven ETH/POLYGON environment.
Community Governance
Platform stakeholders will be able to submit proposals, vote on initiatives, and moderate the platform to ensure alignment with evolving needs of the community. Token holders will also receive extra benefits on the platform such as increased limits and exclusive sales.
High Performance, Low Fees
The Polygon Blockchain ecosystem allows Zomta to transact in an ultra-fast and secure environment while maintaining limited fee exposure for our end-users. Not to mention we offer one of the lowest commission rates of all NFT marketplaces too.
Platform Features
The Zomta platform will have a direct focus on servicing the creation, discovery, and trade/distribution of NFTs. We are excited to introduce many new and innovative features designed from the ground up featuring NFT as both a means of transaction and content. However, once the platform is settled, we will begin shifting focus to allow users to extract value from their owned NFTS beyond simply ownership.
Empowering Creation
A highly customizable NFT creation process will serve as the pillar of the Zomta ecosystem. We aim to empower all creators with a suite of NFT minting features that can cater to any distribution intention. Zomta NFTs will support both ERC721 and, soon, ERC1155 standards.
ZOMTA offers custom scarcity options such as unique (1 of 1) or limited (up to 5), as secured by the blockchain. Verified token holders will be entitled to higher scarcity limits.
ZOMTA offers flexible royalties on creation to receive secondary sale commissions (up to 10%). Verified token holders will also have access to higher royalties’ limits.
Bundle existing NFTs together to create a new NFT unit to transact
Tokenize any content as an NFT. Our NFT creation module allows users to batch any number of files and extensions as one NFT unit.
Customized and extended preview options for your tokenized content. Preview your NFT listings in any way with support for all file types, including 2D and 3D media, audio, video, and more.
Store private files that will not be previewed openly but only unlock in full for the current owner.
Expand Discovery
Discovery will be the primary means of finding NFTs on the marketplace. Perusing the marketplace and finding NFTs of interest should be frictionless, intuitive, and most importantly fun for the community.
Regularly featured content and recommended NFTs from the Zomta team and voted by the community;
Register for a verified profile with the Zomta team if you're an existing artist or creator to get featured in the verified marketplace section;
Group similarly themed NFTs into their own private or public collections on your profile;
Robust social features between users include following favorite profiles, messaging, bookmarking your favorite NFTs, as well as sharing to external applications;
Create social channels for the community to promote, discuss, and engage with NFTs of a certain theme;
Explore past activity records for both individual users and NFTs as verified by the blockchain;
Prioritized NFT listings for verified token holders - Facilitating Trade
Once users have created their NFTs or have found the NFT of their dreams, users may transact securely on the Zomta platform via a plethora of trade options. Traders will have a wide array of transaction options to minimize the headache and maximize the trade.
Owners and creators may ZOMTA the transaction method for their goods such as one-click purchase, English auction (highest-bid), private bids (on-approval), gifting (free), and more;
Automated royalties to the creator from any valid secondary sale of an NFT, as set forth by the original creator;
Defining settlement currency allows creators to specify what tokens will be traded with the NFT. With token swap integrations, users will be able to transact with any token of their choice and immediately settle in the selected settlement token.
Further Leverage
We recognize the immense potential of NFTs in the future and aim to both develop internally and partner with existing community projects to unlock value from our tokenized content. A marketplace alone can greatly facilitate new content distribution, but an ecosystem will unlock worldly benefits for all NFT holders.
Fractionalized NFTs (tba) Partial ownerships of NFTs via secondary tokens, as validated by smart contracts, would provide extra liquidity on secondary markets while benefitting from the value transfer on the primary token.
ETH/POLYGON Community
As a member of the growing ETH/POLYGON developer community, Zomta is excited to join a proven ecosystem with thriving projects. Providing ultra-fast performance with limited fee exposure, we believe the ETH/POLYGON network will bring the most end-user value in terms of experience. Beyond the technical metrics, we also look forward to partnering with community projects to provide additional on and off-ramps for projects looking to integrate with NFTs. As a common marketplace for all NFT goods, Zomta is always on the lookout to expand our marketplace liquidity for our users. Serving as a binding intermediary for NFT transfers across the community will not only bring tangible benefits for our creators and traders but also bring closer the general ETH/POLYGON community as well.
ZOMTA Tokens Usage
Beyond the marketplace, Zomta will be governed and supported by our native and fungible ZOMTA tokens. ZOMTA tokens will be used as both a utility and governance token. Before the major public launch of the Zomta platform, ZOMTA may be issued, airdropped and distributed as an ERC20 token on the ETHEREUM blockchain, after our private and public sale has concluded.
Platform users will enjoy a sleuth of benefits from simply holding verified amounts of ZOMTA tokens. These benefits will not be available to users without ZOMTA tokens, who will be limited by the default restrictions.
Settle and fund transactions
Fund and settle your trades using the native ZOMTA token in lieu of ETH/POLYGON's own ETH or MATIC token.
Priority listings and discovery
Listings from users with verified token holders will receive increased exposure and listing priority on our marketplace
Increased minting limits and TX limits
Creators verified with ZOMTA tokens will also have higher limits when issuing and distributing their content
Discounted platform service fee
Verified token holders are entitled to lower service fee when trading on the platform
Early access to presales
Holding verified tokens will also enable early access to item presales, exclusive drops, and special listings from the community and Zomta
Token Distribution
Users will be able to obtain ZOMTA tokens during our Public Sale event, with the initial distribution following shortly after. Post token generation event (TGE), ZOMTA tokens can also be acquired on the platform via various means.
Community Mining
ZOMTA tokens will be awarded to the highest contributing users on the platform every two weeks. Creators and traders that have contributed the most to the platform by volume will share an allotted amount of ZOMTA tokens. There will be a fixed cap on how much ZOMTA is awarded to each user per batch to ensure a wider distribution of tokens within the community.
Platform Incentives
Users will be able to earn bounties of ZOMTA tokens by completing various activities on the platform such as profile completion, community engagement, user invites, minting and more.
Zomta Staking:
ZOMTA tokens can be used for the following:
● Stake ZOMTA for token rewards related to its overall activities
● Stake ZOMTA for rewards related to specific activities
● Stake ZOMTA for exclusive content
● Stake ZOMTA to vote and participate in the coming DAO
● Stake ZOMTA to subscribe to exclusive merchandise
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