The NFT space has grown tremendously in the last couple of years. NFT collectors have gathered countless projects over the course of time. We have noticed ourselves that it is close to impossible to stay up to date with all of them. Sooner or later we all get into this information overload that causes us to ignore further notifications.
However, there are those that we do not really want to miss. These include information about airdrops or whitelist raffles. This is where our application comes in. It will notify you of the most important announcement from the projects you hold.
Our team has been building an app that will ensure you will never again miss any important news from your portfolio and the NFT market as a whole. The app will be the dashboard for your NFT portfolio. You will be able to instantaneously check the most important announcements and get an overview of the price of specific NFTs or your whole portfolio. The mobile app will be delivering the notifications straight to your phone that will be divided by one of three levels of importance.
Below, you will find out information about the NFT Ping platform and the whole ecosystem that we are building. You will see some of the ideas that we are planning on implementing in the future. The document that you are currently reading is aimed at explaining the NFT Ping project and our future plans for it.
Have fun reading it.
The information in this Whitepaper is for informational purposes only and is subject to change. It should not be considered as a commitment, promise or guarantee by NFT Ping or any other individual or organization mentioned in this Whitepaper. The document does not constitute an offer or solicitation to sell any securities. Reliance on any information contained in the Whitepaper is at the reader's own risk, and NFT Ping assumes no responsibility for any direct or consequential loss or damage.
The NFT market is currently one of the fastest growing markets in the technological area. In the last few years, we could see an increasing in interest in the NFT technology, which has drawn many investors and collectors alike. NFT collectors have purchased tens, if not hundreds, of different projects. However, the day still has only 24 hours. Staying up to date with some many projects is difficult if not impossible and often leads to this information overload.
It is an unfortunate situation, because the NFT market is a dynamic one that often changes overnight. This means that certain information can quickly surface and as quickly become irrelevant. That is why it is difficult to stay on top of everything that is going on in the multitude of projects that one holds.
Moreover, the information overload can lead to one ignoring the multitude of notifications and thus missing on airdrops, whitelist raffles or other important announcements related to the operations of projects we are interested in. This may lead to uninformed investment decisions and the lack of proper control over our portfolio.
This leads us to the need for a proper tool that will allow us to easily and effectively navigate the many projects one owns without the information overload.
To solve the issues related to monitoring a multitude of projects and the information overload, we have created the NFT Ping app. An app that will allow you to filter out and select the most important information from your projects.
The NFT Ping platform is a tool for NFT management. It will allow its users to follow all of their NFTs in one place. It is a fast and easy to use solution that allows you to save time and money. This tool pings you about all of the important things happening in your NFT portfolio such as airdrops or whitelist giveaways. This in turns allows you to save countless hours every week browsing the many Discord servers and Twitter accounts in search for information.
Our team will monitor your projects and will ping you in the mobile app or on the platform about all of the important information. You will be able to personalize the app and the pings you receive. You will be able to tailor it to your own needs.
The pings will be divided into 3 categories:
You will be able to set different filters for the pings you receive. You can set these on your portfolio level, but also different collections that you hold. This will allow you to stay on top of the collections important to you and not be bothered by the less important ones.
What is more, the app will allow you to choose different ping channels like email, push-notifications or text messages (in the future). You will be able to tailor everything to your own needs.
Different projects communicate differently. Most of the time they use Twitter and Discord. Twitter is used mostly for public announcements. Discord oftentimes is used for holder-only announcements. These often include whitelist giveaways or airdrop information. Some projects even use their own, NFT-gated platforms where they post announcements or raffles.
Because a lot of the communication happening behind closed doors, we will be purchasing NFTs for the projects our users hold or obtaining them through collabs. This will give us access to all the private information.
However, our intention is not to spread any of the information that different projects guard and deem confidential, the so-called “alpha.” This information will be provided only to the holders of NFTs required to access this information.
We already hold numerous NFTs giving us access to different projects. These are the collections that our community holds and wants to be informed about. Through community voting we will be adding new projects to our portfolio.
Our team is planning to use a big chunk of our budget to purchase the NFTs required to monitor the projects our community chooses.
We also believe that this is a fundamental value of our collection and we are not planning on selling any of the NFTs held in our treasury.
The first sale of the access to the platform took place in September 2022. It was a public sale. A Discord was created for the community. To start delivering utility to the community as soon as possible, we started sending out a newsletter that summed up different articles from the NFT space in 2-3 sentences plus provided information on interesting and new NFT projects.
Next, we introduced pings from the NFT projects owned by our holders. Since the app was still in development, we started delivering them via email and later Discord channels.
In December 2022, the mint took place and we airdropped the NFT to the community. The collection uses Ethereum and can be found on OpenSea. The creator earnings are set at 5% and will never go up. Our ecosystem currently consists of 1 collection that consists of two categories of NFTs: Genesis and VIP.
Amount: 4800
The Genesis NFT was partially minted by our early adapters during a presale last year.
NFT Ping Genesis is the basic NFT in our ecosystem. It gives you access to our community and, when the subscription is paid, also to the platform. The metadata contains the information whether or not the subscription is paid for a specific NFT.
What does the Genesis NFT give?
Amount: 200
All 200 were sold out and minted during the presale.
What does the VIP NFT give?
Same benefits as the Genesis NFT, plus:
The NFT market is still young and small. That is why our project will not possibly be able to rely solely on the creator earnings from secondary sales. Therefore, we are introducing a subscription model. Holding a Genesis NFT will give you access to our Discord community plus our platform where you will be able to track your portfolio and use all of the other features except for the project notifications. This will require a Genesis NFT with a paid subscription. Or the VIP NFT.
You will be able to pay the subscription fee when minting the NFT. The information about the duration of your subscription will be embedded in the metadata of the NFT itself. This will allow you to sell the NFT together with the paid subscription if you choose to do so.
After the mint, the subscription can be paid in two ways. Using traditional payment methods or in ETH.
NFT Ping Genesis currently allows you to track 15 projects simultaneously. Holding a second NFT will give you additional 15. However, only one of those will have to have a paid subscription. The paid subscription period will begin with the release of the application.
Our mission is to support our loyal NFT holders. Therefore, the longer you hold the NFT in your wallet, the more benefits you receive:
We want to ensure maximum utility for the NFT Ping app so that our users can maximize the return on their NFTs. In this chapter, we are going to discuss some of the functions that we are planning on implementing.
Apart from providing you with information on the projects of your interest, we will be providing you with short summaries of the most interesting articles from the NFT space. We are already doing it on our Discord and weekly email newsletter. In the future, all of this will be happening directly in the app. Here too, you will be able to choose the categories that are of interest to you.
There are many collections on the market. Only people that have dedicated their lives to NFTs know the details about specific projects. However, it is difficult for most of us. Finding the right information about a given project is tedious as it is scattered throughout different Discord channels, articles, Twitter accounts or even only given during vocal presentation on voice channel or Twitter spaces. We decided to change that. We are building an NFT projects wiki. In it, you will be able to read about the main concepts of each collection, their plans, tokenomics, and all of the most important information. This has already been started with our articles on Truth Labs and their cryptic projects: The Illuminati and goblintown. These and many more will soon be available on our platform.
More features will be added when certain conditions/challenges are met.
There are many collections on the market. Only people that have dedicated their lives to NFTs know the details about specific projects. However, it is difficult for most of us. Finding the right information about a given project is tedious as it is scattered throughout different Discord channels, articles, Twitter accounts or even only given during vocal presentation on voice channel or Twitter spaces. We decided to change that. We are building an NFT projects wiki. In it, you will be able to read about the main concepts of each collection, their plans, tokenomics, and all of the most important information. This has already been started with our articles on Truth Labs and their cryptic projects: The Illuminati and goblintown. These and many more will soon be available on our platform.
The NFT Ping platform is an NFT management tool that notifies users of important news and updates for their NFT portfolio. It delivers notifications straight to their phone, divided into three levels of importance, and allows for customization and personalization. The app will save users time and money by filtering out the important information from the multitude of projects they own. The platform is currently in development and the team will continuously work to improve and expand the services offered.
