Token Information

Introduction to NYWNFT Token The NYWNFT Token is the native utility token of the NYWNFT ecosystem, enabling seamless transactions, governance participation, staking rewards, and gaming interactions.

🪙 Token Information - New York World NFT (NYWNFT)

The New York World NFT (NYWNFT) Token is the native utility token of the NYWNFT ecosystem, powering transactions, governance, staking rewards, and gaming interactions. It is designed to support NFT trading, Print-on-Demand (POD) services, play-to-earn (P2E) gaming, and community-driven governance.

🔹 Token Details

Key Functions of NYWNFT Token

  1. Marketplace Transactions

    • The NYWNFT token is the primary medium for buying, selling, and trading NFTs on the platform.

    • Users can list their digital assets, bid on exclusive NFTs, and make secure payments using the token.

    • Smart contracts ensure automated, transparent, and tamper-proof transactions.

  2. Staking & Rewards

    • Users can stake their NYWNFT tokens to earn passive rewards.

    • Staking incentivizes long-term holding and platform engagement.

    • Reward distribution is based on the amount staked and duration of holding.

  3. Governance & Voting

    • Token holders gain voting rights in NYWNFT governance proposals.

    • Users can influence platform upgrades, fee structures, and development decisions.

    • The more tokens a user holds, the greater their voting power.

  4. Gaming & Metaverse Integration

    • The token is used in NYWNFT’s gaming ecosystem for in-game purchases, upgrades, and trading assets.

    • Players can earn tokens through play-to-earn (P2E) mechanisms.

    • It enables cross-game asset utilization, allowing NFTs to be used across multiple blockchain-powered games.

  5. Liquidity & Stability

    • A significant portion (51%) of the token supply is locked in liquidity pools, ensuring price stability and preventing market manipulation.

    • Liquidity pools enhance trading efficiency, allowing users to exchange tokens without significant price fluctuations.

Token Supply & Distribution

To ensure fairness and sustainability, the total supply of NYWNFT tokens is distributed as follows:

Category

Percentage

Presale

1.5%

Team Allocation

15%

Development Fund

7.5%

Marketing

10%

Investors

10%

Staking Rewards

5%

Liquidity Locked

51%

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