TO-DO List > https://t.ly/QwYUc
Official Links > https://linktr.ee/smxleNFT
Project Documentation
- Quick Info: 4404 pieces of NFT 1,779,216 divisible tokens. First NFT mint attempt on DN404 contract. ERC721 & ERC20 HYBRID CONTRACT
Introduction
The DN404 project introduces a hybrid contract, amalgamating ERC721 and ERC20 contracts under the DN404 contract. It comprises 4404 unique NFTs and 1,779,216 tokens (with a certain supply cut).
Project Features
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Token-NFT Relationship: Holding 1 NFT implies owning 404 SMX tokens in your wallet. Transferring or selling the NFT also transfers the associated tokens.
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Token Burn Mechanism: Transferring or selling tokens burns 1 NFT per 404 tokens spent. Conversely, purchasing 404 tokens mints 1 NFT, with the option to skip the minting process for token ownership.
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Supply Control: If any amount of tokens drops below 404, it triggers the burning of associated NFTs.
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Pre-Liquidity Provision: The team has established pre-liquidity for the project.
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Upcoming Features: Stake areas will soon be available on the project's website, with stake income determined per NFT based on its rarity score. Project partnerships' revenues will also be shared with holders.
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Income Enhancement: Weekly and monthly spinning wheels, based on NFT value, enable income augmentation.
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Stake Importance: Stake incomes determine holders' stakes in the project's future revenues.
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Loyalty Program: Holding NFTs accrues loyalty points, qualifying holders for Airdrops in future token projects.
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Balanced Growth: The project aims for proportional growth between tokens and NFT balances, subject to supply variations.
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Community-Centric Development: Unlike traditional approaches, the project adapts its details based on community feedback, ensuring dynamic evolution.
Conclusion
The DN404 hybrid contract pioneers a unique model where NFTs and tokens intertwine, creating a symbiotic relationship that fosters community engagement and rewards loyalty. With innovative mechanisms like token burns, stake incomes, and a dynamic development approach, DN404 sets a precedent for the evolving landscape of blockchain projects.
Should you require further information or assistance, please don't hesitate to reach out.
Main Idea Documentation: Community-Centric Project Philosophy
💡 Introduction
The core idea behind the project is to operate as a cohesive unit, fostering collaboration and inclusivity among all participants. Every idea emanating from the community is valued and meticulously scrutinized by the team to explore appropriate implementation methods. The project aspires to set benchmarks in providing returns to each of its users, aspiring to surpass the precedents set by other projects.
Key Principles
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Community Integration: The project operates under the premise of unity, striving to integrate every individual into its fabric. No idea or feedback from the community is disregarded; instead, they are actively examined and considered for implementation.
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User-Centric Approach: The project is committed to providing gains to each user, prioritizing their interests and welfare. Revenue generated by the project is intended to be shared with or directed by the users based on their guidelines and preferences.
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Inclusive Decision-Making: Every holder's opinion is valued, and no comment or suggestion is dismissed lightly. The project endeavors to ensure that every participant feels heard and respected, fostering a culture of inclusivity and mutual respect.
Conclusion
In essence, the project operates on the principles of community empowerment, transparency, and inclusivity. By prioritizing the voices and needs of its users, it aims to create a collaborative ecosystem where every individual has a stake and a say in the project's direction and outcomes.
Should you require further information or assistance, please don't hesitate to reach out.
👀 Issues in Current NFT and Token Projects:
Short-Term Profit Orientation: Many projects prioritize short-term gains, focusing solely on immediate profits without considering long-term sustainability.
Lack of Future Planning: Some projects lack comprehensive future plans, operating without a clear roadmap or vision beyond immediate gains.
Market Manipulation: Market manipulation is prevalent in the industry, with projects engaging in activities that artificially inflate token values, often at the expense of investors.
Limited Community Engagement: Many projects fail to cultivate a strong community culture, neglecting the voices and opinions of their token holders.
💭 Proposal
The SMXLE project operates on a hybrid contract, merging elements of ERC721 and ERC20 contracts to create a unique ecosystem. Token holders are rewarded with SMX tokens based on their NFT holdings, fostering a symbiotic relationship between tokens and NFTs.
🛫 Plan
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Community Expansion: SMXLE aims to expand its community outreach efforts, attracting a diverse range of participants and fostering inclusivity.
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Enhanced Governance Mechanisms: The project plans to implement robust governance mechanisms that empower token holders to participate in decision-making processes effectively.
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Innovative Revenue Streams: SMXLE intends to explore innovative revenue streams beyond traditional models, ensuring sustainable growth and profitability for its community.
In summary, the SMXLE project endeavors to revolutionize the NFT and token space by prioritizing long-term sustainability, community empowerment, and responsible practices. Through its commitment to transparency and inclusivity, SMXLE aims to set a new standard for projects in the blockchain ecosystem.
🛫 Project Approach:
The SMXLE project seeks to address these issues by establishing a robust foundation built on long-term sustainability, community engagement, and responsible practices.
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Commitment to Long-Term Sustainability: SMXLE is committed to being more than just a transient project; it aims to be a pioneering force that sets new standards for sustainability and longevity in the industry.
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Empowering the Community: The project recognizes the pivotal role of its token holders in shaping its culture and direction. It prioritizes community engagement and values the input of every participant.
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Prevention of Market Manipulation: By abstaining from allocating any SMX tokens or NFTs to its team, SMXLE mitigates the risk of market manipulation often associated with projects that hold significant portions of their own tokens.
⚫️ First of all, we would like to extend our heartfelt thanks to everyone who participated in our launch yesterday and shared this excitement with us.
⚫️ We are happy to announce that we have successfully completed every step promised in the pinned post. DN404, although a somewhat hard contract to understand, was completed in the form of a classic minting period before token sales.
⚫️ We have made some additions to the LP, but please remember that we are not a shit coin project; we are an innovative, technology-loving community. That's why our first launch was 404.
⚫️ Some quick details about the project: ◾️ Discord will be exclusive to holders only. We are a community-based project and closed to outsiders. ◾️ NFTs consist of 5 colors, each with its own rarity;
First Round
Round 1 has concluded, marking a significant milestone in our project's journey.
But what transpired during this phase?
Throughout Round One, we minted half of the project's tokens and identified our esteemed holders. Airdrops were meticulously executed, ensuring no wallets were overlooked.
to Second Round
As we usher in Round 2, what lies ahead? Round 2 introduces an innovative approach.
The remaining tokens will serve as staking points for our holders, while the unreleased tokens will be distributed to holder wallets following a predetermined timeline, commensurate with the points accrued by each holder.
This meticulous process ensures alignment with our NFT and Token supply objectives, steering them to their rightful destinations.
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