[Approved] MITTE, an NFT Trading Platform on NEAR

Thank you so much for providing this wonderful opportunity. It has truly made us think that we’re not alone in this journey!

Let’s come together and make 2024 the inaugural year for NEAR NFT, driving astonishing growth that will surprise everyone! :fire:

1. Project Name:

  • MITTE

2. Project Information:

  • MITTE is a mobile-optimized, orderbook-based NFT Trading Platform on NEAR, designed to revitalize the NEAR NFT ecosystem by enhancing liquidity and attracting external interest. Our mission with MITTE includes:

    • Facilitating Professional NFT Trading:

      • MITTE offers tools specifically catered to Pro NFT Traders, such as orderbook trading and the ability to sweep up to 50 items at once for both buying and selling. These features are intended to ease the entry of professional traders into the NEAR NFT ecosystem.
    • Increasing Trading Volume and Transactions:

      • By facilitating the influx of Pro NFT Traders as previously mentioned, we aim to boost daily NFT trading volumes and daily transactions. This effort seeks to draw attention not only from within NEAR but also from users on other chains. Such an elevation in numbers is crucial for promoting NEAR’s NFT ecosystem and achieving a quantum leap in visibility and engagement.
    • Promotional Strategies and Partnerships:

      • Internally, we are preparing for collaborative growth by linking numerous projects and products within the NEAR NFT ecosystem. By partnering with NFT collections, marketplaces, and wallets, we plan to distribute the attention MITTE receives across the ecosystem through active marketing efforts.

      • Externally, we are pushing for integration with NFT indexer sites like Crypto Slam and Tiexo to increase channels that spotlight individual projects as well.

    • Creating a Cohesive Ecosystem:

      • Like in other chains such as Solana, we are working on projects that intertwine benefits across different projects, ensuring that users who enter the NEAR NFT ecosystem are encouraged to stay and explore beyond a single project. This strategy aims to create a unified band where mutual benefits are shared, fostering a more vibrant and interconnected ecosystem.
    • Establishing Dominant NFT Collections:

      • Unlike other chains, NEAR lacks a defining face in terms of iconic collections. We are committed to supporting existing collections and attracting collections from other chains to create recognizable and leading NFT collections that will become synonymous with NEAR.
  • Based on these efforts, beyond the NEAR NFT Ecosystem, we plan to contribute to the growth of the entire NEAR Ecosystem. Especially since listings or offerings on MITTE are considered as locked volume, the more MITTE is used, the more it will help increase NEAR’s TVL, thereby aiding in the revitalization of the entire ecosystem. Through this, we aim to make NFT to be one of the pillars of NEAR’s growth.

  • Additionally, to facilitate the onboarding of numerous projects onto NEAR, MITTE has been specifically developed with a Javascript SDK. By disclosing and promoting this fact through white papers and other mediums, we aim to create an opportunity for various projects to easily onboard onto NEAR, further enhancing the ecosystem’s appeal and functionality.

3. Current Status of MITTE

  • MITTE is currently in its Alpha Testing Period, and you can try it out using the link below.

    • Home: https://alpha.mitte.gg/

    • Twitter(X): https://x.com/mitte_gg

    • Discord: https://bit.ly/mitte__gg

    • Docs: https://docs.mitte.gg

  • We are planning a grand launch next week, with strong marketing efforts in the last week of March in collaboration with the foundation and various partners.

  • Currently, Meteor Wallet is integrated, and El Cafe Cartel is listed. With the Grand Launch, we plan to increase the number of listed collections and supporting wallets. Proposals related to this are always welcome, so feel free to contact us.

4. Funding Request: 4,500 USD

  • We are targeting an increase in NEAR’s current trading volume from $1,500 USD to $30,000 USD within the next three months.

  • To achieve this, we are engaging in collaborations with various Key Opinion Leaders (KOLs), providing benefits to new users, and increasing exposure through external channels and integration with indexer sites.

  • To reach our target figures, during the first month, we plan to conduct marketing events offering NEAR NFTs as rewards to both MITTE users and potential NEAR NFT traders. For this purpose, we intend to allocate $2,500 from the marketing funding to cover the purchase costs of these rewards.

  • Additionally, for external marketing efforts, including exposure through KOLs and various media outlets, we plan to spend $2,000 from the marketing funding to ensure significant visibility during the first month.

5. Contact: (TG) glenn_stone2

1 Like

Hello Glen and Mitte Team, we are happy support your proposal with $4500 funding.

Thank you, krikkraktrak and team!

We will be fully committed to putting in the effort and contributing to the booming of the NEAR NFT ecosystem!

1 Like

Hello Team :blush:;

We are happy to inform you that our funding request has been approved by House of Merit :blush:

  1. While we are waiting Trustees to release the funds, can you please complete KYC process?:

All leaders and funded wallets should get NDC KYC https://go.fractal.id/NDC-KYC After going through KYC, you need to fill the airtable choosing the DAO name so it can appear on the DAO list Interface Form - Airtable

  1. In addition to KYC, there is a request that House of Merit wants us to convey to you, we kindly ask you to take it into account:

All NDC DAO developers/founders who got funded from NFT DAO should talk about it in the form of a) posts on their social media, b) adding a logo on their websites (NDC / NFT DAO / Near)

NFT WG logos

Thank you in advance

1 Like

MITTE_NFT WG funding report feb-May

  1. Supporting NFT Collections:
  • We have been supporting existing NFT collections on NEAR and those launching through various launchpads (Bodega, HOT TG Wallet) to operate stably with MITTE listing and marketing support.
  • The grant received from NFT WG has been used for the marketing expenses of newly listed NFT collections.
  • Using the grant, we provided ongoing liquidity and organized events (such as offering NFTs to top traders) to maintain traders’ interest and hype.
    • https://x.com/MITTE_gg/status/1775078292254760998
  1. Campaigns with NFT and Meme Token Projects:
  • We conducted campaigns to increase interest in NEAR’s entire ecosystem through NEAR NFTs by collaborating with NFT and Meme Token projects.
  • Partnerships with Meme Tokens involved trading NEAR NFT collections or posting related tweets to receive Meme Token Airdrops.
    • https://x.com/MITTE_gg/status/1785957437234884712
    • https://x.com/MITTE_gg/status/1788489876650041361
  • To not only boost interest in NEAR Meme Tokens but also create a Network Impact, we encouraged staking these tokens, offering rewards to extend interest to ecosystem partners like Ref Finance, Meteor Wallet, and Jumpdefi.
  • We used the grant from NFT DAO to purchase the Meme Tokens distributed to traders and users, running a large-scale campaign.
  1. Engaging Traders from Other Chains:
  • We are actively using the NFT WG grant for marketing expenses to drive partnerships and integrations with external channels and NFT platforms.
  • Significant results are expected from 3Q onwards.
  1. Results:
  • Achieved a 10x increase in overall NEAR NFT volume:
    • https://twitter.com/adriaparcerisas/status/1783435840666149197
    • https://x.com/Masi_DN/status/1789803399724089400
  • MITTE accounts for 91% of the total NEAR NFT trading volume.
    • Achieved 35K+ MAU.
    • Accumulated trading volume exceeded $1.5M in just two months.
  • Ranked 7th in daily NFT marketplace volume across all chains, surpassing Blur.
    • https://x.com/AltCryptoGems/status/1783195450721304946
  • Successfully listed 10 collections.
    • Additional 4 collections to be listed within a month.
    • Continued additional listings in collaboration with launchpads.

This is just the beginning. We are witnessing the start of the NEAR NFT renaissance together. Without the support of NFT WG, none of this would have been possible. We deeply appreciate NFT WG’s dedication and have utilized the grant not just for MITTE, but for the entire NEAR NFT ecosystem, yielding these significant results.

With the grant from NFT WG serving as the catalyst, we have created an incredible market environment in a short time. We will continue to strive so that we all shine, and so many people can feel the power of the NEAR Community through NEAR NFTs.

We would like to once again thank NFT WG, Krit, and Aescobar for their continued support.