StoneAge is a platform where Stones, known as GeStone (GES), are deemed the primary mode of a transaction within the ecosystem. GeStone (GES) can be used in the marketplace as a mode of currency, as NFTs, as auction bids, as creator’s fee, as well as games! GES is also widely accepted within other stores using the Binance Smart Chain Technology. Behold, the StoneAge, and GES.
Now, we are sure that you’re curious to find out about GeStone (GES) Tokenomics!
Let us fill you in with the details!
GeStone (GES) has a total supply of 950,000,000
With an extensive and well-calculated allocation method as laid out below:
Mining 53% — 503,500,000 GES
Public Sales 15% — 142,500,000 GES
Partnership & Marketing 10% — 95,000,000 GES
Vault Staking 10% — 95,000,000 GES
NFT & Game Development 10% — 95,000,000 GES
Liquidity Management 2% — 19,000,000 GES
The project has an extended elaboration on how each of the allocations is allocated as per the above-mentioned and why every component needs that certain percentage. Quickly head to our GitBook to find out more: https://info.stoneagenft.com/the-stoneage-protocol/ges-tokenomics
What about a sneak peek of their NFT Marketplace RIGHT NOW?
Stone Age NFT Marketplace is the so-called A-Z NFT Platform.
Why? This is because other than NFT transactions, users are allowed to mint their NFT! It’s so simple that it only takes a few clicks to become an NFT Creator. So here comes the BIG news about Stone Age NFT Marketplace!
They are launching a Public Sale, the Initial Stone Offering (ISO), on 15 October 2021 UTC 1200!
What must you know about the ISO? First, users can spend GEG or BUSD to purchase GES, with each GES priced at $0.008. And there is a minimum and maximum purchase applied on the ISO. The minimum purchase limit is implemented to prevent bots, while the Maximum limit is to avoid whales.
Start Date: 15 October 2021 UTC 1200
End Date: 20 October 2021 UTC 1159
Min Purchase: 12,500 GES
Max Purchase: 125,000 GES
47,500,000 GES will be collected with BUSD from the Initial Stone Offering (ISO). All the collected funds will be dedicated to the team to ensure sustainable, rapid innovation, future incentives, and other products in the StoneAge.
Whereas 47,500,000 GES will be collected with GEG, all of the proceeds here will be fully destructed to sustain the GemStone Finance (GeFi) ecosystem.
Note: Remember to prepare BNB for gas fees. Once you have made your purchase, please do not worry if you don’t see any GES in your wallet because GES will be distributed upon the official launching of StoneAge NFT Marketplace.
What should you expect from the project after ISO?
It will be listed on ApeSwap, and that’s where you can get more GES!
Last but not least, the Stone Age NFT Marketplace will be launched on 22 October 2021. Time to prepare your arts to be listed on our NFT Marketplace!
The future of e-commerce, according to Shopify, is in NFTs.
As a new option for brands wishing to make their stores more exclusive, the online retail behemoth, which enables small businesses to construct customized e-commerce shops, is providing NFT-gated storefronts, Shopify announced on Wednesday.
In the Shopify introduction video, which includes a skating woman who passes through a pastel portal and transforms into a Doodles NFT, a voiceover urges viewers to “invite their communities into a world that acknowledges and rewards devotion.”
The video explains that token holders can access special shopping opportunities by connecting a cryptocurrency wallet, including early access to drops and limited collections as well as one-of-a-kind experiences and other surprises.
Only individuals with existing NFT collections are able to apply for early access to Shopify’s “gm” shop, which is a gated merchandise store and a play on the Crypto Twitter acronym for “good morning.”
However, those that haven’t received approval yet can still integrate NFT token-gating apps like Shopthru or Single into their Shopify sites.
Shopify announced that it has already collaborated with the Adam Bomb Squad, Doodles, World of Women, Invisible Friends, Superplastic, Stapleverse, and Cool Cats NFT collections to develop token-gated shops as part of its token-gated business launch.
Shopify is introducing “IRL” token-gating in brick-and-mortar stores in addition to online token-gating, which restricts access to certain merchandise to authorized NFT holders exclusively.
Why is this important? The future of Web3 commerce will focus on exclusivity, for one thing. NFTs, which are distinctive blockchain tokens that denote ownership over an asset, are increasingly employed as membership cards, tickets to events, and “keys” to open benefits, despite the fact that they are frequently oversimplified as digital art or “jpgs.”
Additionally, this isn’t Shopify’s first venture into NFTs: The business has been involved with Web3 since last year, when it announced the launch of NFT sales on its platform. Brands can mine and sell NFTs on Shopify to clients using the Ethereum, Polygon, Solana, or Flow platforms.
The NFT aggregation platform Genie is being purchased by Uniswap Labs, the organization that created the Ethereum-based decentralized exchange Uniswap.
In a Bankless interview on Tuesday, Uniswap founder and CEO Hayden Adams said, “We’re attempting to transfer what we brought to the ERC-20 market to the NFT sector.”
You can buy NFTs—individual blockchain tokens that represent ownership—on a variety of different marketplaces, such as OpenSea, LooksRare, or Coinbase NFT. However, few allow consumers to buy many things at once, and none provide aggregation tools that let traders view listings on competing marketplaces.
According to Uniswap Labs on Twitter, “We see NFTs as another form of value in the burgeoning digital economy, and it’s a no-brainer for us to integrate them.”
The NFT aggregator Gem, which also enables customers to acquire numerous NFTs in a single transaction, was purchased by OpenSea just two months prior to the announcement of its acquisition by Genie. OpenSea intends to incorporate NFT aggregation functions into its primary platform, just like Uniswap.
A new tab dedicated to NFTs will be added to Uniswap’s main website later this year as part of the company’s push into NFTs, according to a statement from the company. Additionally, NFTs will be included in its developers’ APIs and widgets.
Uniswap Labs intends to airdrop an unspecified quantity of the stablecoin USDC to Genie’s early backers as a way to commemorate its acquisition. By April 15th, USDC will be given to everybody who had utilized the platform at least once or owned a Genie Genesis NFT. (The business had earlier tweeted that Genie Gem owners were eligible for the airdrop.)
Uniswap entered the NFT market for the first time in 2019 with Unisocks, an NFT that granted holders access to a real pair of socks.
The largest NFT market, OpenSea, has a floor price for Unisocks of 13 ETH (about $15,300) at the time of writing.
On Tuesday, Magic Eden, a popular nonfungible tokens (NFTs) platform on the Solana (SOL) blockchain with 112,927 SOL ($4 million) in 24-hour trading volume, announced that it had closed a Series B round for $130 million. The funding round was led by investors such as Electric Capital, Greylock, Lightspeed Venture Partners, Paradigm and Sequoia Capital valued the firm at $1.6 billion.
The newly-infused capital will be used to expand the company’s primary and secondary marketplaces, explore multi-chain opportunities, allow new hirings, and for use in research and development. Since its inception in September 2021, the marketplace now receives an average of 22 million unique monthly sessions and sees over 40,000 NFTs traded daily.
Magic Eden’s Launchpad has also onboarded over 250 projects to date. In addition, it offers customization, marketing support, and operational execution to new NFT collections coming onto the primary market. Meanwhile, its secondary market covers over 7,000 listings and sees over 92% of all NFT volume on Solana.
Furthermore, Magic Eden has also launched over 50 games and metaverse projects. In that segment, the firm oversees 90% of all gaming NFTs on Solana traded on its marketplace. Regarding the development, Zhuoxun Yin, chief operating office and co-founder of Magic Eden, commented:
“We’re thrilled to have the continued support of our investors and community and look forward to delivering on Solana and beyond.”
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