[PROPOSAL] Developing NFTBoxes development is a unique service for crypto marketplace and investors

NFTBoxes

Mission

NFTboxes marketplace - is a unique service that is provided on our own marketplace where you can create, craft, store, buy and sell NFTs, Lootboxes and SuperLootBox from various projects. It is developed for games and individuals, for the project’s own marketing purposes as a part of partnerships, alliances or promotions.

Our mission is to provide every person, community or project equal opportunity to easily use the NFT platform for their various purposes built on NEAR Blockchain.

The incredible surge in the growth of digital art is the most interesting trend in recent times. The popularity of NFT is growing not only among collectors, but also among investors, projects, gamers and traders.

NFT brings creators millions of dollars and gives buyers the right to a “piece of the Internet Art”. Tokens, Pictures, music, videos, GIFs and even posts in social networks can now be bought on marketplaces in such Boxes. It is another trend and a new exciting fun.

Our goal is to provide the best service in the NFT sphere and attract a wide range of investors for their projects development.

Problem

We are looking for new ways to promote tokens and creativity. New kind of airdrop is needed with a small commission. Most of the NFTBoxes that are present on the market are boxes that were created by a concrete project as its own product. So it is not for everyone.

Solution

You can sell your tokens in a new way in the form of boxes.

Lootboxes and SuperLootBox is another way of a trend. The author makes his tokens, puts his tokens into loot boxes. Users in explorer find boxes and collect gifts.

It has an element of surprise and additional fun. Overcoming the psychological barrier before buying a lootbox is easier than buying a specific item for a lot of money. The logic is simple: it is better to get a chance to drop a valuable item for just $ 2 than the item itself worth $ 20. It is the low price of the lootbox, along with the chance to purchase a more valuable item, that stimulates the buyer.

The difference between our NFTboxes is that:

  1. Projects and individuals do not need to spend money on developers, create their own sites with algorithms, and so on. They can come to the NFTBoxes marketplace and immediately create their own NFT and LootBox and link their community to the mint of their boxes, present it or sell on the marketplace.

That allows to:

  • save time
  • save money
  • be more flexible in marketing aspects.
  1. Our service will have SuperLootBoxes - these are the boxes which, when minted, allow users to get 3 to 5 tokens from different projects. All projects will be moderated, so these boxes will have a special value. Users who mint such lootboxes become holders in various projects at once and also get a liquid volume of tokens.

There can be up to 100 different projects in a SuperLootBox, which means there can be up to 100 different tokens.

Idea of Sponsor collaboration and attraction of new and new project is to give more value for lower price and involve more users and earn more together rather than individually. Furthermore NEAR blockchain gains more followers.

We believe that NFTBoxes is gaining popularity and is in high demand so it will attract a great audience.

For the end user the cost of unpacking NFTBox or Lootbox is minimal - he only pays the commission approximately 2$ for using a service and commissions are to be taken in NEAR token to promote the project.

The value of NFTBox greatly exceeds the commission, so the service is in huge demand and we see great opportunities here.

NFTboxes Marketplace capabilities

  • Create own NFTs

  • Create NFT lootboxes

  • Craft multiple NFTs and tokens into one NFT

  • Give away NFT / Lootboxes / SuperLootBoxes

  • Find lootboxes from the pool

  • Unpack and unbox them

  • Store

  • Sell

  • Use NFTs and tokens in games

  • Sell NFTs and tokens on the Marketplace

Features of a platform and planned contracts

We use the NEAR protocol even though contracts may be written on different blockchains, because Near Protocol with erc721 erc1155 erc20 token standards is hundreds of times more productive than Ethereum, and transactions cost less than a cent, making it a more suitable platform to issue and sell NFTs.

We have designed a system of contracts that will be written in NEAR

  • creation of the NFT
  • transferring the NFT to Marketplace
  • purchase of NFT
  • changing the price of the NFT
  • creation of the lootbox
  • unpacking the lootbox
  • applying for moderation of the lootbox. In order to get approval all sponsors have to prove that the declared value of the lootbox is true. This is done to prevent cheating
  • applying for moving the lootbox to the top
  • applying for enlargement of the Lootbox into a SuperLootBox
  • admins contract to approve application
  • ability to get a list of created lootboxes or NFT by wallet address
  • contract for change of commission settings and system parameters

Main site options

  • create lootbox
  • create NFT
  • review lootbox
  • preview NFT
  • personal account
  • NFT marketplace
  • lootbox marketplace, where you can see: new, moderated, top and super boxes
  • moderation page
  • about project and help page

Description of service

Lootbox is a stack of the same NFT, which keeps a link to a list of tokens and NFT.

Creating a lootbox is transferring values from the user’s wallet to the contract, and getting a bunch of NFT tokens in return. Each token as a key can unpack the box and take a random gift from the list of values.

The procedure of creating a lootbox looks like this: the user selects his tokens and NFT on the site, specifies their transferable amount, specifies the count of drops and clicks the “create” button - the contract is called, which takes the specified values to his address and generates NFT equal to the number of falls to the user’s wallet.

Such lootboxes are visible to all on the marketplace of lootboxes.

The selected lootbox can be unpacked. Unpacking a lootbox is the opposite procedure to creating one. The random gift is given to the user, and the lootbox is destroyed.

The created lootbox can be sent for moderation to increase the level of trust. Press the “send to moderation” button - a contract is called, which will take the commission and change the state of the lootbox to “submitted to moderation”.

In the moderation window you can see requests to change the state of the lootbox. The moderator can approve, reject and write a comment.

Promoted lootbox can be sent to the top or to the SuperLootBox, this is also done by changing the state of a lootbox and confirmation through moderation.

Getting into the SuperLootBox transfers values to the main pool.

SuperLootBox is a lootbox, which is combined from different lootboxes (sharebox).

Users on the lootbox marketplace see one large SuperLootBox. When unpacking a random gift is selected from many different lootboxes.

Benefits of NFTBoxes marketplace for projects

NFTBoxes marketplace brings investors multiple benefits and users the right to a valuable digital “piece of the Art” for symbolic fee. It allows various projects to use the latest cryptoworld technologies to develop their projects and be in trend.

NFT&LootBoxes may be also used in bounty and airdrop campaigns, GameFi and other marketplaces. Other benefits for projects:

  • identity
  • new holders
  • promotion
  • coverage
  • audience engagement and exchange
  • partnership and collaborations with alike projects
  • newest hype
  • new way to promote NFT and tokens
  • strong reputation

Benefits for NEAR ecosystem

As for the NEAR ecosystem, it might become a convenient way to explore the crypto world for big masses of new audiences who would be ready to try to create their own NFT or mint the gifted ones.

Also when commissions are paid in NEAR Token users will generate new transactions on NEAR blockchain, increasing the whole ecosystem growth.

MVP development roadmap:

  • The service’s MVP solution should be developed during January-February 2022. It will include a set of functions and interfaces based on web technologies.
  • Smart - Contract on NEAR blockchain should be written within the same time - January-February 2022.
  • After the development of the NFT platform module, there will be a test for the platform’s interaction with smart contracts through the web interface and blockchain. February 2022
  • Technologies are selected / The frontend is implemented as a site on react 17.0.2, a backend on C# asp.net core 3.1, the site calls contracts for the user through Metamask, and receives data from networks through the backend.
  • The launch of NFTBoxes marketplace on NEAR blockchain is planned on March 2022.

Team

Alex White is a serial entrepreneur, passionate about his business, and an ambitious leader. He has successfully founded and sold more than 10 companies with total revenues of more than $25 million.https://www.linkedin.com/in/alex-white-828b08225/

Aleksandr Litvinov - CTO, product, customer development, software engineering

Nikita Tepelin - Professional Blockchain developer

Alex Zarya - Product VP

Ammy Heart - SEO digital marketing

Adriana White - Advisor, Founder of MetaFlow digital - 10 years of experience in Internet marketing

Artur Jamaev - C# programmer

Iskander Karimov - frontend developer

Vadim Anikin - design, art

Danik Zagitov - system architecture

Costs

March - April 2022MPV. Implementation of Smart - Contracts on NEAR blockchain. Reworking the site for the new blockchain. Test version release on testnet. MVP. The service’s MVP solution should be developed. It will include a set of functions and interfaces based on web technologies.

Total cost: $400K - $450K

The project is currently under development with phased launches.

Total ASK: 10000 NEAR

3 Likes

Hey!

Awesome detailed proposal and neat idea!

The value requested is far beyond any of the budgets which the DAOs and funding verticals here can distribute, though.

I’d recommend checking out the NEAR Grants programme if you haven’t done so already:

Good afternoon, how can I apply for a grant?

Hey, the steps for applying for a grant are here:

Hi, thanks for responding. Actually, we forgot to specify our current need. We need a lot less NEAR token, as we have the MVP of the project already in readiness at a late stage. Let’s call each other and discuss the details.

Hi, I hope your call went well!
I’m a DAO member from human guild and have a couple of questions about the project:
1_ the name is dangerously similar along with the concept itself to this project.
How do you plan to relate with your twin, which is actually quite famous in the mainstream NFT world (given that the main investor is Pranksy)?
2_ I would like to understand more properly what you guys mean by !applying for moderation of the lootbox. In order to get approval all sponsors have to prove that the declared value of the lootbox is true. This is done to prevent cheating".
We already have public data sources for NFT value on the Near blockchain, I think that transparency is essential in this case to make sure the moderation process is managed correctly towards potential collaborators.
Would you please elaborate the way you intend to select the collaborators? which would be the requirement? How do this requirements align with your vision?
3_ (and this is a personal question), Do you guys have a vision to build your project upon?

Please take your time to answer and feel free to reapply in the DAO once you think you answered this questions.

Hi NEAR peeps. Yes, I know this Team and I have revied use-case, proof of concept.
I requested details on Milestones, a gantt chart, and details about the development, and they quickly provided all information. We discussed some integration with other projects as well.
We have a chat on Telegram.
Check https://exilon.io/ and https://nftboxes.space/market

1. Although we have similar site names, our service is part of the ecosystem of the existing Exilon project. Secondly they have a very narrow service of buying NFTs and is completely different product. By the way their site is in development and not working.

The product of this project deals only with NFT as such, the only thing they offer is the purchase of NFT.

The difference is that NFTboxes marketplace - is a unique service where you can:

:small_blue_diamond: pack files (music, photos, texts e.t.c.) into NFT.

:small_blue_diamond: pack the NFT collection into a lootbox from where your creativity will randomly drop out to anyone.

:small_blue_diamond: sell tokens in a new way in the form of lootboxes.

:small_blue_diamond: pack your lootboxes in a SuperBox.

:small_blue_diamond: OPEN / mint SuperBox from Exilon.

On our platform you can buy or sell tokens in a new way in the form of NFT&LootBoxes. It is a new form of airdrops and can be used in bounty and promotional campaigns, GameFi and other marketplaces.

SuperBox :gift: is a lootbox that contain tokens of various sponsors that NFTBoxes Marketplace will attract. NO ONE HAS SUCH SERVICE NOW. It is our innovative idea.

To mint such SuperBox means to get from 3 to 7 tokens and NFTs from different projects valued ~1$ each.

2. First of all moderation is necessary to make sure that the content does not contain pornography, scenes of violence and political appeals, images of drugs, mockery of religions.

Secondly, when we talk about moderation, we are also referring to the tokens of the projects which contain our boxes. They must be liquid, traded on exchanges. In this case, we guarantee the value of the tokens to the buyer of the box. We moderate the right number of tokens in each box so that the buyer receives a liquid number of tokens.

In case the project is not yet traded on the exchange, it secures the value of tokens with a deposit. In order to get into the Superbox, it is necessary to pass moderation.

The value of the transferred token, divided by the number of tokens, must be higher than the commission for unpacking the Superbox.

In case the project fails, we as a platform have the right to withdraw the tokens from the box so that the user does not get a scam.

We think this is fair to the buyer and important for the reputation of the project and the site itself.

Everyone who has minted Superbox is a winner, so projects get a satisfied and loyal audience. And for the user it is a great solution as an investment.

Benefits for projects:

  • identity * new holders * promotion * coverage * audience engagement and exchange * partnership and collaborations with alike projects * newest hype * new way to promote NFT and tokens * strong reputation

Benefits for buyer:

ability to create and sell their own NFTs and Lootboxes that may contain NFTs and any tokens

when mint SuperBoxes get valuable amount of liquid tokens from a variety of moderated projects.

And yes, our requirements align with our vision, because:

3. Our vision and mission is to provide every person, community or project equal opportunity to easily use the NFT platform for their various purposes and the guarantee benefits to both sides (to the buyer of SuperBox that becomes a holder and to the Sponsors that gets new holders) best and fair service in NFT sphere and attract a wide range of investors for their projects development.

1 Like

I love the idea a NFT container. I’ve Massive NFT project that requires adjustable Lootboxes.

  1. If I create a Lootbox with 7 NFTs, can I as the creator add a NFT to a Lootbox at any time?
  2. Can I or the person who owns the lootbox take out NFTs at any time?