Infinity (NFT)

Basics

• Based in:
• Started in / Announced on: 9-10-2021
• Testnet release:
• Mainnet release:
• From Week in Ethereum (5-10-2021):

"Infinity decentralized NFT marketplace, vampire attack of OpenSea with governance token airdrop."

Audits & Exploits

• Bug bounty program can be found [insert here].

Governance

DAO

• From their announcement (9-10-2021):

"As an alternative to OpenSea, it aims to better represent, as well as incorporate the needs and wants of the NFT community, which will evolve via direct user governance in partnership with Common Protocol."

Treasury

• From their announcement (9-10-2021):

"A 1.5% transaction fee will be charged for each sale and will go to the community controlled treasury."

Token

Token Allocation

• From their announcement (9-10-2021):

"10% of the governance token supply ($NFT) will be distributed to existing OpenSea users who transacted before October 4th, 2021 11:59PM UTC. The airdrop amount is based on tiers derived from OpenSea transaction volumes. Starting today, the airdrop can be earned over the next 30 days by transacting the Infinity marketplace. The token is transferable once the 30 day period has completed."

Technology

• Whitepaper can be found [insert here].
• Code can be viewed [insert here].

Implementations

• Built on: Ethereum & OpenSea contracts

How it works

• From their announcement (9-10-2021):

"The marketplace reuses OpenSea’s smart contracts and introduces no new smart contract risk. This also means there’s no gas cost for current OpenSea users to list since they don’t need to re-initialize their wallets or re-approve tokens."

Fees

• From their announcement (9-10-2021):

"A 1.5% transaction fee will be charged for each sale and will go to the community controlled treasury."

Roadmap

• From their announcement (9-10-2021):

"The marketplace will evolve over time based on community feedback to support new integrations, like rarity tools, fractionalization, and creation of derivative NFTs. In addition to the marketplace, we are introducing a new type of NFT with built-in utility: the programmable NFT. The first NFTs of this collection will be utilized for additional yield farming and liquidity mining of the $NFT token."

Team, Funding and Partners

Team

• Full team can be found [here].

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