Artworks in header by @thelastpigment, @kner, @kuldeep_singh & @digifoxx

GM, everyone!  👋

We hope you've all had a fantastic weekend. 

This week, we take a closer look at what the new $DIBS farms mean for the buyback program, announce a new cool feature for the Discord server, and take a couple of questions from the community. 

Keep reading for more info!

📈 Milestones & stats

• 38 000 members on Discord!

• PancakeSwap V2 Liquidity increased 18,5%!
  
  
  

✔ Development update 

enter.market:

enter.market is still being tested and finalized for launch, and we hope to have the release date settled within this week. 

enter.art & .audio:

Our dev team is working on several new and important features for our marketplaces, like private sale of multi-minted NFTs, e-mail notifications, and the possibility to DM other users without engaging in a transaction with them.

We are also introducing a BNB faucet that will be available for newly onboarded artists, this will lower the barrier of entry to our marketplaces, and compensate the gas fees related to the minting and listing of their first NFT.

All of these features will be released later this month.



💰 Buyback 

Our buyback treasury’s holdings from our old farm has been added to the PancakeSwap V2 liquidity. We deposited the LP tokens in Yieldwolf’s auto compounder for the $NFTART dibs.money farm.

The auto compounder creates constant automatic buy pressure on the $NFTART token from the farm rewards. It deepens the $NFTART liquidity by constantly selling all the Dshare rewards it receives for 50% BNB & 50% $NFTART and then adding it to the LP farm.

👥 Community development

We're introducing a leveling system on Discord! This will allow everyone to gain XP, level up, unlock perks, and participate in giveaways and competitions by being helpful and positively contributing to the community.

Later this week, we're kicking off the Easter celebrations with an Easter egg hunt in the Discord server and an Easter themed art contest. Stay tuned for more information.

Keep an eye out on Reddit for giveaways!

📖 Blog posts   

This week on enter.blog was educational, particularly for all creators out there! 

Andalee Hyatt/Thelastpigment took us through NFT creation from a traditional artist perspective - worth a read for anyone interested in making their physical art into NFTs:

https://www.enter.blog/@enter/traditional-artists-crash-course-for-nft-creation

We also took a dive into the topic of smart contracts, and what the implementation of self-owned smart contracts on enter.market means for creators: 

https://www.enter.blog/@enter/own-your-own-smart-contract

✨ Art Highlights

Raven series by Tiana 

NAJS GIRL by Najs

Pixel People Skateboards #2 "Luis Ricardo" by Limit_till_skateboards & Luisricardo

The Shadow of Death by Digifoxx

Leap of faith by Kuldeep_singh

Gläserne Sphären by Fotogra4bar

🤔 Q&A

1. Is there any news about enter X?

As you know, we've delivered the first enter X. Since enter X is a SaaS product, it is entirely up to the buyer to decide when they want to launch their platform. We're in dialogue with multiple more prominent artists and brands about delivering enter Xs. Still, we will not be able to share much about this before the buyers want their NFT projects to be public knowledge.

2. What’s the strategy to increase the token price?

We're continuously working to create more demand and utility for the $NFTART token. One part of our strategy is launching NFT staking as a service for collections on enter.market. This will allow projects to create additional utility for their NFTs because they can purchase an $NFTART reward pool, which will enable users to stake their NFTs for $NFTART. This creates demand and utility for the collections, helps to increase their floor price, and in turn serves to create additional buy pressure and deflation for the $NFTART token.

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All the best from the enter team