Overview
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OpenWhat is Chair Finance
Chair is the world’s first decentralized NFT trading platform for rights and benefits. Art is over-represented in the current NFT industry. 90% of NFTs should be financial assets, digital identities and rights in the future. As the first DEX for utility NFTs, Chair has set a precedent for exploration in this field.
Each NFT listed on Chair will come with a dividend ratio, which means that a certain percentage of the highest bid will be distributed to users who have not won the auction. For example, if an NFT is listed with a dividend ratio of 20% and the highest bid is 1000 USDT, 200 USDT will be shared by all bidders except the winner.
In addition, users will receive mining rewards based on the bidding time and bidding price. After the auction, each bid amount that is initially held as deposit is refunded to the respective wallets of those who don’t win the auction. All projects in partnership with Chair can issue NFTs on Chair for auction after being whitelisted, and Chair will provide tokens for the auctions as mining rewards. So far, more than 10 projects have collaborated with Chair to jointly issue special auction items with a high dividend ratio and a large amount of mining rewards which enable these NFTs to be auctioned off in a short time, promoting the projects efficiently. Chair NFT auctions are innovative and decentralized , can benefit all bidders and achieve a win-win situation for all parties involved. dividends.
DetailsIDO (MultiPad Launchpad): Oct 19, 2021 - Oct 19, 2021IDO (YellowRoad Launchpad): Aug 28, 2021 - Aug 28, 2021 IDO (BSClaunch Launchpad): Oct 19, 2021 - Oct 19, 2021 Token supply: 70,000,000 BNCH Total tokens for sale: 5,600,000 BNCH LegalBlockchain Platform: EthereumCountry limitations: United States of America (including its territories), Canada, Democratic People’s Republic of Korea, Cuba, Syria, Iran, Sudan, Crimea, People’s Republic of China. Registration country: Singapore Registration year: 2020 Office address: 68 CIRCULAR ROAD, #02-01, SINGAPORE (049422) | Token infoTicker: BNCHType: Utility-token Token standard: ERC-20 Token price in USD: 1 BNCH = 0.71 USD Accepted currencies: BUSD Token distribution: 5% - Private Sale 8% - IDO sale 10% - Team 50% - Mining 15% - Ecosystem construction 12% - Future development and risk reserves |
Chair Finance Roadmap
- Project planning and business model construction
- Writing of White Paper
- Build up the team
- Acquire cornerstone investment from Weiz Enterprises which is based in Silicon Valley, Richard Wang, partner with Coinbase investment agency, and Polygon (formerly Matic Network)
- Complete the overall construction of the technical architecture
- Complete the security audit by Certik
- Start publicity in the community
- Hold over 10 AMA sessions and at least 30 community activities
- Reach collaboration with over 30 KOLs
- Be active on over 20 media platforms
- Over 40,000 active users
- Received a grant and ecological support from Polygon
- Launch Chinese community. Sale of Privileged NFTs
- Realize of the minting, auction and trading functions of NFT
- Various functional sections of the platform will be improved (including INOs of projects, computing power NFT, the KOL rights & benefits etc.)
- Official launch of INO
- BNCH will be listed on the decentralized exchange
- Liquidity mining lasts for 2 months and then switch to auction mining
- Preparations for the BYP program begins in the fourth quarter.
- BYP program will be officially launched
- Realizing stellar system auctions, planet construction, user entry, and opening the game section
- Interstellar energy mining will be started
- Overall ecosystem construction will be completed
- Paving the way for the creation of the entrance to the Metaverse.
- With the advanced development of the cross-chain technology, the third phase will make it to become an entrance to the Metaverse
- The BYP program will present rich application scenarios: content output, community Q&A, circulation of financial assets, display of digital art, etc
- With only one address, someone will have access to all Dapps on Chair.
Project team
Social media
MVP
