What you Need to Know about 1BOX NFT’s Initial Success in the NFT/Metaverse Space
Since its launch, 1BOX NFT has seen an exponential growth. We would like to express our gratitude for everything that our supporters have helped us achieve here.
But we do not stop there. In this Medium article, let’s explore:
- What’s 1BOX NFT?
- What are the competitive advantages of 1BOX NFT?
Our Company
1BOX NFT is an NFT distribution and trading platform that crosses to the metaverse. The team is dedicated to bringing top-notch, cross-metaverse IPs into our ecosystem, and achieving liquidity enhancement and value discovery.
1BOX NFT is formed by:
1BOX Invest (investment banking services): NFT distribution, operation and circulation that crosses to the metaverse.
1BOX Exchange (trading services): establish virtual cities in the metaverse, such as entertainment, consumption, lifestyle, investment, interaction, etc.
Our goal is to make 1BOX NFT a platform that allows users to:
- start a second life in the metaverse;
- discover artworks that appeal to their personal aesthetic and likings; and
- collect and trade NFTs with high quality, high efficiency, low cost and high return.
You can read our whitepaper and double audit reports here.
Competitive Advantages
What makes 1BOX NFT a competitive business? We attribute our initial success to the following:
1. Strong Backing from Shareholders
We are backed by some of the biggest names in the industry. Our first-round investors, including zb.com, hkd.com, listed companies and traditional funds, set us up for deep integration and exploration of traditional and crypto resources.
In November, we have succeeded in raising US$2 million to build the first NFT’s entry to the metaverse.
HKD capital, ZB capital, Yunxiang Investment Group, Osmosis Capital, BP Advisory Partners and the Hong Kong main board-listed company Bison Finance (HK:00888) are among the major company’s investors. Other angel investors include Lawrence, Lung, ShenJ, etc.
The fund raised will be used to:
- speed up NFT creation and realization of world-famous IPs; and
- enhance the trading volume on 1BOX NFT’s marketplace.
2. Solid Team with a Common Goal
1BOX NFT is built by a solid team based across the globe.The core team is based in the US and Hong Kong and comes from leading traditional funding, banking and tech firms.
The team is specialized in:
- internet and blockchain business development;
- financial risk system design;
- NFT product design and management; and
- financial derivates management.
1BOX NFT also possesses rich resources in the entertainment industry (e.g. music, film and TV, artworks, etc.), and has a team of seasoned crypto developers.
The company shares the same mission of adopting blockchain technology for the benefit of all and creating a metaverse where everyone has a chance to start a second life.
3. All-star Partnership
Our team has strong relationships with art collectors, production houses and exchanges, such as zb.com, Binance, Okex, Huobi, Mei Ah, etc.
We have solid experience in collaborating crypto/NFT projects. In October, we became the exclusive strategic partner of Decentraland in Hong Kong and jointly held the Metaverse Festival, the world’s first-ever metaverse music festival, with Decentraland and invited famous artists to perform on the stage:
We have also cooperated with Hashkey to release an NFT collection named Blockchain Celebrity Poker, which received an overwhelming response and were sold out in minutes:
We are confident that our easy access to partnerships with strong industry players will allow us to seize more business opportunities in the future.
4. Unique Industry Position
We have a unique position in the NFT/metaverse space.
The team noticed that the explosion of NFT has accelerated the development of NFT trading platforms, which have attracted a large number of creators and consumers.
But so far, there is no existing NFT exchange that has a complete ecosystem for the entry to metaverse. This is the reason the founders established 1BOX NFT.
The application and value discovery of the NFT market are the development directions of 1BOX NFT.
1BOX NFT aims to:
- integrate with the NFT ecosystem;
- connect with the world’s leading NFT exchanges; and
- build the largest and most complete IP library in the world.
Together with on-chain authentication certificate, 1BOX NFT is positioned as an entity who builds a seamless, well-rounded industry chain of NFT issuance, operation and trading.
5. NFT-Integrated Tokenomics
1BOX Exchange is a marketplace for exclusive NFT issuers to publish and trade their NFTs. Users can resell, transfer, and even stake their NFTs for potential rewards.
All transactions on the 1BOX Exchange are transacted with $1BOX.
$1BOX is the native token of 1BOX Exchange, with a total supply of 1 billion. Our team has carefully designed $1BOX’s tokenomics to ensure optimal integration of $1BOX with our NFT business:
- 60% is distributed to users through core playbook;
- 5% is reserved for the community and DAO;
- 10% is used as liquidity mining incentive;
- 10% is used as private investment and IDO; and
- 15% is used as team incentive.
$1BOX also has a variety of functions:
- trading on 1BOX Exchange;
- NFT issuance;
- DAO and governance;
- staking and liquidity mining; and
- buyback and burning.
In Closing
The initial success of 1BOX NFT does not come easy, but we are confident 1BOX NFT can enter the competitive market easily, disrupt the status quo and eventually rise to the top. We will constantly improve ourselves to bring the most value to the community.
Check out our website to learn more about us. Follow us on our socials so you do not miss any latest news:
Official website: https://www.1boxnft.com
Whitepapar and double audit reports: https://tinyurl.com/mnxwy8zs
Telegram: https://t.me/ONEBOX_EN
Twitter: https://twitter.com/1boxnft
Discord: https://discord.gg/UnyVT3867x
