Whitepaper
NYC Projects
Table of Contents
Abstract
A brief summary of the project’s core idea and the revolutionary concept of sharing profits with NFT holders.
Introduction
An introduction to the world of NFTs and their significance in the digital domain.
Problem statement: The traditional NFT model does not benefit NFT holders beyond the initial purchase.
Problem statement: The traditional NFT model does not benefit NFT holders beyond the initial purchase.
Project Overview
A comprehensive description of the project, its mission, and its unique value proposition.
The vision: To create an NFT ecosystem that rewards NFT holders proportionally to the success of the project.
The vision: To create an NFT ecosystem that rewards NFT holders proportionally to the success of the project.
Introducing "Community NFTs": A Pioneering Concept of Collectively Profitable NFTs
In the past couple years, Non-Fungible Tokens (NFTs) have taken the world by storm. Now, it’s time for the next step in the evolution of Non-Fungible Tokens: Community NFTs.
Community NFTs are a new, groundbreaking type of NFTs. They are based on an innovative approach that completely redefines traditional concepts of NFT ownership. With Community NFTs, each NFT’s primary purpose is to benefit the community from which it originates.
Community NFTs are a new, groundbreaking type of NFTs. They are based on an innovative approach that completely redefines traditional concepts of NFT ownership. With Community NFTs, each NFT’s primary purpose is to benefit the community from which it originates.
Key Characteristics of Community NFTs
Community Focus
The defining characteristic of Community NTFs is their strong commitment to benefiting communities. Instead of making profit just for a single individual, a substantial portion of the revenue generated from the sale of each NFT, i.e. 50%, goes to the welfare of the community, ensuring shared prosperity of the project as a whole.
Active Engagement
Community NFTs holders are encouraged to actively participate in community development. They can propose ideas, initiate discussions and play a key role in shaping the future of the community. This leads to massively increased engagement and promotes building tight-knit communities of diverse individuals bound together with common interest.
The Significance of Community NFTs
Community NFTs represent a groundbreaking shift in the NFT paradigm. It prioritizes the well-being and profitability of digital communities, ensuring that as the project prospers, so do all its participants. This concept not only promotes a strong sense of belonging and unity, but also aligns the interests of individual NFT owners with the success of the wider community.
By adopting Community NFTs, members of the community become active contributors to a shared vision, and not just collectors of digital collectibles. Community NFTs invite individuals to be part of a movement where collective long-term prosperity and increasing community power are the utmost priority.
How to recognise a "Community NFTs"
All NFTs in the collection are marked "Community NFTs" in the bottom left-hand corner - it’s a quick way to distinguish that they are special NFTs created for the direct benefit of the community.
Community NFTs Profit Distribution
Community NFTs profit distribution process is transparent, fair, and easy to understand:
- 50% of the revenue generated by NFT sales will be collected in a virtual chest (a dedicated wallet). These revenues have an exclusive purpose, and cannot be used for any purpose other than for the benefit of the community.
The remaining 50% of the revenue is distributed by the team as follows:
- 30% for operational expenses, which include marketing and maintenance costs.
- 20% goes directly to the creator of the collection.
Distribution of the NFT Sale Revenue to the Community
The proceeds collected in the virtual chest, will not be distributed directly to NFT holders.
Instead, all Community NFTs owners will be able to join a specially created section of the official Discord server where all participants will be eligible to receive prizes in regular, random draws.
The prizes will be distributed in MATIC cryptocurrency.
Instead, all Community NFTs owners will be able to join a specially created section of the official Discord server where all participants will be eligible to receive prizes in regular, random draws.
The prizes will be distributed in MATIC cryptocurrency.
In order to participate in the draws in the special section of the Discord server, community NFTs owners will have to complete tasks related to the promotion of the project.
The entire amount of funds collected in the virtual chest, i.e. 50% of all Community NFTs sales, will be distributed to Community NFTs owners.
The entire amount of funds collected in the virtual chest, i.e. 50% of all Community NFTs sales, will be distributed to Community NFTs owners.
The execution of the profit sharing from the sale of NFTs is done smoothly through the smart contract, ensuring full transparency and absolute fairness.
Real-time reporting allows community members to monitor the financial health of the project.
Real-time reporting allows community members to monitor the financial health of the project.
Join the Community NFTs Revolution!
Community NFTs are not just another NFT project. It’s a completely unique, groundbreaking movement dedicated to enhancing collective strength, collaboration, and financial empowerment.
By aligning the interests of the community with the success of the project, we’ve reimagined NFT ownership as a collective journey toward a more equitable and interconnected digital future.
By aligning the interests of the community with the success of the project, we’ve reimagined NFT ownership as a collective journey toward a more equitable and interconnected digital future.
Community NFTs represent a fusion of collectability, community engagement and financial rewards. These digital assets redefine NFT ownership by not only providing unique and collectible tokens, but also ensuring that a substantial 50% of the total value of the collection is guaranteed for the benefit of the entire community of all NFT holders.
Community NFTs invite you to be a part of the next stage in the evolution of NFTs. Together, we prosper.
Community NFTs invite you to be a part of the next stage in the evolution of NFTs. Together, we prosper.
NYC Projects
The First Community NFTs Project
NYC Projects is the first collection of NFTs created as an embodiment of the revolutionary Community NFTs concept.
The collection includes 21,000 unique NFTs that pay homage to all the diverse individuals that make New York City so vibrant.
NYC Projects explores New York’s rich history and the cultural influences that shape it.
The term “New York Projects” is commonly used to refer to public housing developments in New York City.
These developments are also known as “housing projects” or simply “projects”.
Public housing in New York City has played a crucial role in providing affordable housing to residents, especially low-income residents.
By creating this unique NFT collection, we want to celebrate and pay our respect to the huge cultural contributions born in the New York Projects.
Main features of NYC Projects
Playful characters
The heart of the collection lies in its playful characters.
Each NFT is a completely unique digital creation full of personality, quirky traits and a healthy dose of humor.
These characters are designed to bring a smile to your face and spark your imagination.
Each NFT is a completely unique digital creation full of personality, quirky traits and a healthy dose of humor.
These characters are designed to bring a smile to your face and spark your imagination.
Vibrant art
The artwork in this collection features vibrant colors and a sense of whimsy that radiates from each piece. It’s art that doesn’t take itself too seriously, inviting you to embrace the joy of the unexpected.
Limited edition
This NYC Projects collection is released in limited edition, making each NFT a rare and sought-after treasure in the world of digital art.
New York Projects: Fact Sheet
Origins
New York City’s public housing developments date back to the early 20th century. The first public housing project, “The First Houses,” was completed in 1935 on Manhattan’s Lower East Side.
Purpose
Public housing was established to address housing shortages, poor living conditions and overcrowding in low-income neighborhoods of New York City. Its goal was to provide safe, affordable and decent housing for residents.
Communities
These housing projects have fostered well-knit communities and neighborhoods within the City. Residents often have access to amenities such as playgrounds, community centers, and green spaces.
Cultural impact
New York’s public housing has had a cultural impact, influencing literature, film and art. It has been depicted in works ranging from novels such as “A Tree Grows in Brooklyn” to films such as “Goodfellas”.
NYC Projects : a Diverse and Inclusive Community NFTs Collection
NYC Projects is a delightful and fun collection of NFT art that brings the vibrant spirit of New York City into the world of digital collectibles.
What truly sets NYC Projects apart from other collections is its revolutionary, community-oriented approach to NFTs.
This collection consists of 21,000 unique tokens, each representing a different character.
However, what makes it truly remarkable is its commitment to inclusion and representation.
Within this extensive collection, 92 of the NFTs specifically represent non-binary people.
Within this extensive collection, 92 of the NFTs specifically represent non-binary people.
This commitment to diverse representation means that NYC Projects celebrates the richness of human diversity, featuring characters from different backgrounds, ethnicities and gender identities.
The inclusion of 92 non-binary characters is an important milestone for the NFT industry at large, for the first time ever acknowledging and celebrating the presence of the non-binary community within the NFT space.
By incorporating non-binary characters into the collection, NYC Projects encourages the NFT community and the wider digital art world to be more welcoming and accepting of diverse gender identities.
Get early access
Take advantage of the opportunity: early access to NYC Projects with many advantages!
Get ready to maximize your value as a savvy investor and NFT enthusiast by securing exclusive early access to NYC Projects!
Act now to take advantage of a unique pricing structure where each step brings increased value. That’s why being an early participant is not just about access, it’s about securing the best prices.
Progressive pricing advantage
Early access participants enjoy the distinct advantage of securing NYC Projects at the best prices available.
As the project progresses through stages, the value increases, making your early adoption a strategic move to secure the most favorable rates.
Tokenomics in your favor
With each subsequent stage, prices will see a progressive increase, reflecting the growing demand and value of NYC Projects.
By entering early, you position yourself to benefit from the most favorable entry point and potential appreciation.