The whole crypto market's going somewhat south at the moment and it's totally okay if that's got you feeling a bit anxious.

10 Jun 2023, 19:00

The whole crypto market’s going somewhat south at the moment and it’s totally okay if that’s got you feeling a bit anxious. I’m here to clear up some stuff about NFTART and to reaffirm everyone that we’re still fully committed to the enter ecosystem and the NFTART token. We are still set on keeping the NFTART deployer account above 4% of the circulating supply. Currently the deployer account is holding 4.3% of the circulating supply. So, here’s the big question - how do we stop the flow of expenses like rewards, compensations, and incentives from the deployer account, while simultaneously improving the current liquidity, token value and community engagement? At our current emission levels, the outflow exceeds the inflow of tokens from reflections. With a fixed supply and deflationary token it’s clear we need to solve this question sooner rather than later. We’ve been having constructive internal discussions about possible solutions for a while, and guess what? We’re finally ready to let you in on our plan. We’re keeping the details under wraps for today, but let’s call it Project Symbiosis. The core mission and function of Project Symbiosis is to create the basis for a firm alignment of motivations and incentives that encourage sustained involvement and participation within our ecosystem from all parts of the community. We propose that aligning the incentives of token holders, NFT collectors, artists, and the core team is the fundamental catalyst for uniting everyone towards shared objectives and the success of enter. With Project Symbiosis, we’ll be introducing big changes to our governance, rewards, emissions, and how our marketplaces function. This strategy should draw external volume and curiosity, ensuring that the Enter ecosystem remains at the forefront of innovation in the NFT space. Project Symbiosis will be fundamentally incorporated as a central function throughout the entire enterverse. We will be pushing out the full rundown and specs for Project Symbiosis next week. Stay tuned! 🫡