NFT.com Has Initiated Pre-Launch Activities
Opensea.io is the largest NFT marketplace on the planet, but it might have some competition coming very soon. NFT.com updated its website allowing users to register for a whitelist.
NFT.com Genesis Keys
The whitelist gives users access to a blind auction to bid on 1 out of 3000 Genesis keys. After the Blind Auction, an additional 67500 keys will be put up for public sale. The company is reserving 250 keys for team members and partners. These 10,000 keys will provide voting rights, access to premium domain names, and additional perks to holders.
Per the NFT.com discord. “The whitelist blind auction will be a gated auction via whitelist for 3,000 Genesis Keys. Whitelisted community members will bid for a Genesis Key using $WETH signatures. The top 3,000 bidders by $WETH value will win a Genesis Key for the price of the 3,001st bid.”
NFT.com Will be a DAO
What will make NFT.com stand out from the crowd is that it will be organized as a DAO (Decentralized Autonomous Organization). Unlike Web2 properties, NFT.com is striving to be true Web3. This means community-owned. The best way to do this is to create through a DAO. Users will have voting rights and possibly share in revenues or receive payments for participation. Users will also own their URLs and their Genesis keys. They can sell or trade their vote. As well as sell or trade their URLs. Imagine being able to legally sell a premium Twitter handle, or the ability to vote on the direction of a property like Facebook. This secondary market could be extremely lucrative. These details have yet to be released.
NFT.com Will be Platform Agnostic
Additionally, NFT.com wants to be a platform-agnostic NFT marketplace. Meaning, no matter if you have an Ethereum NFT, or one from Solana you will be able to interact with the marketplace. As of now, Ethereum is the only token that’s supported.