๐Minting & Its Rewards
TWG NFT minting refers to the process of creating new TWG NFTs (non-fungible tokens) and adding them to the blockchain network. The minting process is an important aspect of the TWG NFT ecosystem, as it allows creators to produce unique and authentic digital assets that can be bought, sold, and traded in the marketplace.
To mint a TWG NFT, a user must have access to a compatible blockchain network and a digital wallet that supports the TWG NFT standard. The user must also create a digital file that represents the unique artwork, music, or other creative work that they want to tokenize.
Once the user has created the digital file, they can initiate the minting process by providing certain information about the asset, such as its name, description, and any additional metadata. The user must also pay a fee to the blockchain network to cover the cost of adding the new token to the blockchain.
Once the transaction is confirmed and the new TWG NFT is added to the blockchain, it becomes part of the TWG NFT ecosystem and can be bought, sold, and traded like any other NFT. The TWG NFT can also be displayed in galleries or used in gaming and other applications.
TWG NFT minting is a powerful tool that allows creators to transform their digital artwork and creative works into unique and valuable assets that can be owned and traded by collectors and fans around the world.
DEMOCRATIZE OWNERSHIP Creating an NFT allows numerous parties to own a stake in the digital asset.
SELL UNIQUE DIGITAL ASSETS Not only can you trade, buy, stake or sell assets, itโs possible that in the future artists might even receive a portion of the sales.
STORE AND PRESERVE VALUE You can store the assetโs value in a tangible way โ similar to how a physical coin can be minted with a specific precious metal concentration. Plus, preserving value digitally is generally considered safe, thanks to the security of the blockchain and the built-in scarcity of NFTs.
VERIFIED NFT All the NFT's are verified and registered on Blockchain so it is pretty assured that no one can mint the copies of NFT .
MINTING REWARDS
We are gifting the first 200 minters in our first collection to use in WEB3. Weโre gifting back 10% of our collection #1 sales to help educate and put trust back into the Web3 communities. This is our gift to you.
Members who mint and HODL at least one of our NFTs will automatically be airdropped into our Tier Rewards program. Each reward tier consists of an allocated amount of animated NFTs, with a limited amount minted on the Ethereum blockchain. The allocation of tiers is broken into the following: Tier I consists of 100 NFTs, Tier II, 150 NFTs and Tier III, 250 and are non-transferable.
Tier I Reward (100)
Members who have a minimum of 21 - 30 TWG NFTs achieve Painite status. As a Painite member, our highest reward tier, benefits include special offers on IRL events, 50% discounts on retail purchases as well as the ability to secure 10% reward distribution from a percentage allocated from our NFTX Vault. Non-Transferable, only one per wallet.
Tier II Reward (150)
Members who have a minimum of 11 - 20 TWG NFTs achieve Sapphire status. As a Sapphire member, our middle reward tier, benefits include special offers on IRL events, 25% discounts on retail purchases as well as the ability to secure 5% reward distribution from a percentage allocated from our NFTX Vault. Non-Transferable, only one per wallet.
Tier III Reward (250)
Members who have a minimum of 1 - 10 TWG NFTs achieve Amber status. As an Amber member, our middle reward tier, benefits include special offers on IRL events, 10% discounts on retail purchases as well as the ability to secure 1% reward distribution from a percentage allocated from our NFTX Vault. Non-Transferable, only one per wallet.
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