- Meta Yield & Mintbase partner to enable fundraising for NFT-based projects
- Financial backers of a project on Meta Yield can now be rewarded with NFTs
- Mintbase enables developers & creators to build products using its platform as an engine where anything can be tokenized.
- Meta Yield is the only lossless staking rewards-based crowdfunding NEAR launchpad
NFT-based Projects can Now Launch a Fundraising Campaign on Meta Yield!
We are very excited to announce that Mintbase and Meta Yield are partnering to increase and expand the utility of projects’ NFTs. It will be now possible for such a project to launch a fundraising campaign on Meta Yield and offer NFTs to their financial backers!
Projects will mint their NFTs on Mintbase and make them available exclusively as rewards for their backers on Meta Yield. The NFTs will be awarded to the financial supporters of the project, depending on the amount of stNEAR locked.
This new collaboration opens up a whole new world of fundraising opportunities for pure NFT-based projects or projects that prefer to “give away” NFTs instead of tokens to their financial supporters.
Additionally, this partnership also enables Meta Yield to address a whole new segment of the NEAR community, more focused on NFTs and looking to access exclusive NFT collections.
NEAR is in a unique technological position to push the boundaries of NFTs. There is a lot of quality and innovation in the ecosystem, but projects need funding to thrive. This partnership between Metayield and Mintbase is opening new ways for the NEAR community to support their favorite projects and get access to exclusive NFTs.
We are very happy and thrilled to bring this never-seen-before unique fundraising mechanism and opportunity to the NEAR ecosystem!
Mintbase: NFT Infrastructure Provider for NEAR
Mintbase provides fast, scalable & decentralized NFT infrastructure on NEAR. Developers and builders can use Mintbase’s toolkits and nocode contract manager to easily deploy their own NFT applications with built-in revenue systems.
Meta Yield: Lossless Staking Rewards-based Fundraising Platform
Meta Yield, the only lossless staking rewards-based crowdfunding launchpad on NEAR was launched in May 2022. Meta Yield leverages Meta Pool’s liquid staking protocol.
This was the kick-start of the creation of a one-of-a-kind NEAR launchpad enabling:
- financial backers to mint the project’s tokens with their staking rewards, not their crypto assets
- project to stay in control of the price of their tokens (unlike in an IDO) by defining their own vesting terms
Meta Yield works with 4 simple steps:
- Backers lock stNEAR to financially support crypto-based projects
- Projects only earn staking rewards (~10%) of what backers commit, not the underlying crypto assets
- Backers earn projects’ tokens in exchange for their financial support
- Backers recover 100% of their underlying crypto assets at the end of the locking period
This partnership is coming just in time for our next series of projects slated to release on Meta Yield: keep your eyes on our social media for more details about what’s next!
And if you are an NFT-based project owner interested in launching a fundraising campaign on Meta Yield please make sure to contact us: [email protected]
About Meta Pool & stNEAR
Meta Pool is the leading liquid staking solution for $NEAR and wNEAR token holders. With Meta Pool you earn NEAR staking rewards and maintain your liquidity to participate in DeFi protocols on NEAR and Aurora.
Users staking $NEAR and wNEAR with Meta Pool receive in exchange stNEAR (staked NEAR) tokens.
stNEAR simultaneously accrues staking rewards and unlocks users’ liquidity enabling them to participate in DeFi activities (e.g. lending, farming, borrowing) on NEAR and Aurora.
Stake $NEAR on Meta Pool
Go DeFi on NEAR & Aurora
More APY and more rewards
Meta Pool also solves the problems associated with Proof-of-Stake networks staking: illiquidity, immovability and accessibility. Meta Pool also aims to distribute staking in multiple validators to improve censorship-resistance of the NEAR network.
With a TVL of ~9 Million $NEAR and growing, Meta Pool has become in just a few months a cornerstone element of the NEAR ecosystem. Meta Pool is making NEAR Protocol more decentralized and therefore more secure.
In February 2022 Meta Pool has been successfully audited by BlockSec, confirming the implementation of the highest security standards.
For more information visit https://metapool.app.