Coin’s E-Den NFT Farms

Visual representation of NFT farming.
Example of NFT Flash farms

NFT Flash Farms

NFT farms are accessed through the CALM portal by staking $COIN, $CRED, or a rotating partner token. Artwork will be assigned to a specific pool and stakers will earn shards based on their share in each respective pool. $COIN and $CRED farms will last 3.5 days while the rotating partner farm will last 7 days. At the end of each period, new artwork will be announced and stakers who remain in the pool(s) will be eligible to earn shards for the next farm.

We’re activelty searching for visionaries who can produce themed artwork for the E-Den community.

The designs should generally adhere to the cyberpunk, glitch, and vaporwave themes portrayed by COIN and can be still images, animations, or multimedia gifs and mp4s. A great example of multimedia NFTs — or ones that combine audio and visual elements — is this piece ‘Elephant Dreams’ from grammy-winning musician RAC.

COINpensation

Artwork can be commissioned or be part of an existing series. Artists will be paid up-front either at the market rate for existing pieces or by negotiation for commissioned work.

Artists receive 20% of the shards for each piece that goes into the farm, providing a means of capturing secondary sales of their generated content.

Shard Distribution & Secondary Markets

For each unique artwork, shards are distributed as follows:

  • 75% to stakers.
  • 20% to the artist.
  • 4% to the COIN treasury.
  • 1% to NIFTEX.

Why Should I Care?

The premise of NFT farming is one we’re extremely excited to share, especially with direct incentives for $COIN, $CRED, and partner token holders to farm the artwork of their choosing.

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Marguerite deCourcelle

Marguerite deCourcelle

Marguerite deCourcelle (aka coin_artist) is a technologist, game designer, and blockchain enthusiast. She is the CEO of Blockade Games