Beast Art Genesis NFTs

Beast Art Genesis NFTs

Beast Art is aiming to become the number 1 marketplace for phygital NFTs (physical + digital). This will be a long journey, and even though we plan to operate on multiple blockchains simultaneously to offer the maximum in art, artists, and quality, the origin of our journey remains the Shimmer network.

That is why we have chosen to drop a special Genesis NFT collection, which forever reflects the origin of our journey and rewards early adopters and investors in the longterm run.

At the 16.09.23 - 19:00 CET this collection will be available and Beast Art will hit a new milestone.

Before we start to introduce the Genesis NFT collection you have to know that Beast Art consists of 2 application.

1. First market
This application is the Beast-Art store, as it stands now. You can buy new, limited artworks from various artists, and once the artwork is sold out, it's gone forever!



2. Secondary market
In this application, you can purchase artworks currently owned by other members or sell your own artworks. For each sale, Beast Art charges a 10% fee, which is split between Beast Art and the artist.



This is where the Genesis collection comes into play.


Beast Art Genesis NFTs

The Genesis NFTs allow owners to save on these fees. There are three different rarities: Black, Silver, and Gold, with Gold being the highest rarity.

Date:
16.09.23 - 19:00 CET

Total:
150 NFTs

Price:
350 Mi

Rarity:
Black = 55%
Silver = 30%
Gold = 15%

Attributes:
Black = 40% discount
Silver = 60% discount
Gold = 80% discount


How it works

The NFT sale will take place on Soonaverse, and the NFTs will be hosted on the IOTA network. The collection will be accessible on Soonaverse until the Beast Art secondary market goes live. Once the secondary market is live, a snapshot will be taken, and every NFT holder will receive a new NFT that operates on the Shimmer EVM Layer 2.


Example

Thomas was incredibly lucky to receive a Golden Genesis NFT with his first mint, bringing him great joy. He then purchased two brand new and impressive artworks from the Tanglebeasts. His plan was to sell one artwork for profit and keep the other for his home. This strategy worked well, as he sold one on the Beast Art secondary market for €600, doubling his investment. Thanks to his Golden Genesis NFT, he only paid €12 in fees instead of €60.

Thomas, driven by his success, decided to also sell the artwork adorning his walls. He sent it back to Beast Art, and after inspection and approval the flexible metadata of the NFT changed to „stored“. He sold it for the same price. The buyer on the other hand was really happy to find a NFT with it’s available artwork. With his newfound wealth, Thomas is now planning a vacation with his wife, and he couldn't be happier! 😊

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