Hello FAM, New NFM
As the clock ticks, the race towards widespread adoption inches closer with each passing day. Despite the occurrences that rocked the industry, paving way for the bear market in full swing, a lot is being built in the background. The Nitro Network team, being a part of this building process, keeps working behind the scenes to combine IOT, DeFi and NFTs through its novel product, the Non-Fungible Miner (NFM), placing our multi-tiered Non-Fungible Miners (NFMs) at the core of our evolution. Even in the heat of harsh market conditions. Thus, we created a unique story to tell with each of our NFMs, history is being made, we are building for long-term utility, and changing the utility gameplay in the NFT industry. That said, let’s delve into some of the exciting updates and details we intend to share about the NFMs.
Nitro Network’s Non-Fungible Miners (NFMs) takes the evolution of NFT utility to a whole new level. Combining ownership principles of NFTs and unique artwork, with the reward-generating utility of the DeFi space. Placing the NFMs at the core of its ecosystem, Nitro Network will focus on Network Infrastructure Mining, Network Coverage Validation, Network Data Transfer and Staking Rewards at the moment.
From its collections, Nitro Network has recorded the sales of over 1498 ICONIC, over 744 PREMIUM and over 125 TOP NFMs respectively. With the new marketplace set to be updated in September, Nitro plans to sell NFMs in phases, thus, limiting the number of NFMs to be minted from each category. The first phase is slated to kick off in September, with the total maximum supply for each of these categories pegged at 1800 for ICONIC, 1800 for PREMIUM and 1600 for TOP. The implication of this is that the new NFM mint for each category is limited, and it is until the sales of the first phase ends that new NFMs will be available for sale from its collection. It is vital to note that as rewards per EPOCH are based on the number of NFMs, the earning per EPOCH earning will also be updated with respect to the phase.
Nitro Network NFMs come in three different categories, namely; Iconic, Premium and Top in order of their respective tiers. It is important to note that each category comprises NFMs based on their unique rarity.
The ICONIC (Tier 1) NFMs were crafted with 3D-generated art. These NFMs are a joy to behold! They represent tier I locations/cities. Characterized with a futuristic cityscape on its lens, a detail that most NFT collections lack. The green shades of the robot are highlighted extremely well by the yellow and lime green background. Overall, these NFMs are stunning works of art.
The PREMIUM (Tier 2) NFMs are not of less quality, when compared to Tier 1 NFMs. Rather, these smoking bots NFMs have characteristics that one may prefer over the Tier 1 NFMs. They are composed of cybernetic aesthetics that have flames bursting out of the neon robot, and the multi-colored backdrop makes the whole NFM come together.
Characterized by their cute aesthetics, TOP (Tier 3) NFMs are a delight to those who like a light or conservative touch in their artwork.
The rarity for each of these three tiers are as follows:
- Standard
- Rare and
- Ultra rare
They are designed in such a way that the standard NFMs have the highest numbers while the Ultra rare are very few/limited.
They also have striking differences in their features, thus, each type has unique characteristics that distinguishes it from the other type. Some of the differences stem from the following features; Card value, Background, Primary, secondary and tertiary Colours, sticker, wires and accessories, among other features. Each NFM differs from each other based on these features. And rarity
NFMs are products of evolution of NFT utility, they are rewriting the history of the NFT industry, heralding an innovative approach of interacting with the blockchain. Coupled with the breath-taking works of art, bringing additional value by generating valuable rewards for holders. Nitro Network, being an early adopter of this unique innovation in the history of Blockchain, are poised to pioneer the accessibility of this synergy of DeFi and NFTs in the Blockchain industry.
Make sure to grab a NFM today before they are sold out! Also, don’t forget to follow us on Instagram to get the glimpse of these new mint NFMs.
About Nitro Network
Nitro Network is building the largest decentralized private communication network (PCN) powered by IoT combined with LoRaWAN and 3G/4G/5G. This hyperconnected world will enable unlimited use cases in our everyday life. Participants of Nitro Network’s decentralized PCN are part of an inclusive ecosystem that they own, operate and earn from. Nitro Network’s PCN will be a game-changer and has its proprietary token, NCash, at its core. On Nitro Network, everybody wins!
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