Artworks in header by @nikorn_sathuchat, @micky_benavides, @fotogra4bar & @ferderblue

Hi everyone!

The founder team just returned to Oslo yesterday from an amazing week of networking at the Avalanche Summit in Barcelona. It might not come as any surprise at this point that we are planning to go multi-chain, and Avalanche is one of our first targets! 🔺

On another note we have just passed 660 000 sold NFTs on enter! 🎉 🖼

✔ Development update

🚜 Dibs LP Farm & pool:
Our partners Dibs have successfully deployed and tested our $NFTART LP farms.
The farm will act as a layer on top of our PancakeSwap V2 liquidity. Users will be able to deposit their PancakeSwap V2 NFTART/BNB LP tokens to earn DShare.

The Dibs team is now working on implementing and testing their single asset pool solution, where users will be able to stake Dibs to earn $NFTART.

Once our Dibs LP farm is live, we will be depositing the funds from our buyback wallet there, to again earn an income with it and spend that on buybacks and growing the LP.


🥩 Native NFT Staking:
Our NFT staking pools are scheduled for release short to mid-term. I thought I would go into a bit more details about them in today's update:

What Is NFT Staking?

The process of staking NFTs will be similar to staking tokens in yield farming. In our nft-art.finance dapp you will be able to simply choose the NFT you want to stake and click the stake button. We will be offering NFT staking pools as a service for collections. Our staking contracts will support payout in multiple rewards tokens for the same pool at the same time, but with $NFTART rewards required. Our goal is to offer a frictionless experience and high yields while retaining ownership of your NFTs. 

How does NFT Staking Help $NFTART?

• Our NFT staking pools give us the option to offer partners their own staking pools for their collections. We will require these projects to buy $NFTART for the staking pool rewards, creating buy pressure and increasing the utility of the $NFTART token.
  
  
• We gain exposure to our partners’ communities and investors, driving traffic and volume to our project.
  
  
• It keeps the floor price of stakeable NFTs higher than your average NFT.
  
  
  

 💡 enter.market

We are working on enter.market and will be sharing an additional update with info this week!

👥 Community development

Thank you to everyone who participated in the Facebook Giveaway last week! More than 350 people have already entered the competition. The giveaway ends later today, so if you haven’t already participated, head over to the Facebook Group to have a chance to win 500 Bn $NFTART.

On Friday, Lucian Shye and Luvcraft are hosting another Songvisions hangout! So tune in for a trip down memory lane and the chance to get your hands on some new trading cards.

We’re hosting a Reddit Giveaway on Wednesday, so keep an eye on the subreddit for more information.


📖 Blog posts  

Last week we celebrated $NFTART’s birthday with an exploration of the road that led us to where we are now.
- 1 year of $NFTART!

We also took a closer look at how DAOs are making waves in crypto and NFTs communities as well as how people can create their own DAOs.
- What are DAOs?

✨ Art Highlights
Carol Literary collection 1 by Thelastpigment, new in the Featured Gallery

Weird Society by Bondzai, new in the Featured Gallery

Amazon magic by Micky_benavides

Merchandise by Fallen_apocalyptica

Ratoons by Chano

Love from the enter team