[2023-08-08] Information about vNFT and sNFT

in steem •  last year  (edited)

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What is vNFT?: Enabling Daily Upvotes
A vNFT (Voting-NFT) is a unique non-fungible token that offers a distinctive utility—an upvoting mechanism that allows you to receive one upvote per day from @vnft accounts, collectively holding around 400,000 Steem Power. You can explore the vNFT collection at /squad.steempunks.xyz/collections/vnft.

Based on the assumption that you have the entitlement to claim at least 182 STEEM per vNFT upon future liquidation, and with around 15% of voting (or interest) revenue generated over a year, the estimated valuation of each vNFT is approximately 207 STEEM.

The daily upvote allocation is determined by a snapshot taken at 00:00 Korean time, followed by the distribution of votes. This means that you start receiving upvotes from the day after your purchase. Even if you own just one vNFT, you can receive upvotes, with full voting support unlocked upon owning about 168 vNFTs.

The vNFT collection comprises 12 zodiac animal characters, with each animal having 12 distinct variations, amounting to a total of 144 unique characters. This diversity adds an element of excitement to collecting according to your preferences. For instance, the tiger category includes 12 different tiger characters, and the same pattern applies to other animals, each featuring its own set of 12 unique images.

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What is sNFT?: Monthly Compensation Support
An sNFT (Staking-NFT) is a specialized non-fungible token designed with an advantageous feature—an ability to receive a monthly liquid STEEM compensation, serving as a passive income source. This compensation is provided by the @snft account, which holds around 1,400,000 Steem Power. Unlike vNFT, sNFT doesn't require active participation; you receive these benefits by merely owning it. You can engage in direct trades with other holders or trade sNFTs on the Market at (https://squad.steempunks.xyz/collections/snft).

Similar to vNFT, the right to claim at least 182 STEEM per sNFT during future liquidation applies here too. One of the standout features of sNFT is its inclusivity, as it extends benefits even to users who are inactive and not actively contributing content.

sNFT holders automatically receive a reward of liquid STEEM into their accounts on the first Monday of every month. This systematic distribution resembles receiving a monthly salary and the inaugural payday for sNFT holders is scheduled for September 4th (Monday).

Finding NFTs You Prefer
To discover NFTs that match your preferences:

Visit the vNFT Market: https://squad.steempunks.xyz/collections/vnft
Visit the sNFT Market: https://squad.steempunks.xyz/collections/snft
The easiest approach is to explore the provided links and directly purchase NFTs listed for sale. However, note that the number of sellers might be limited.

In case of limited availability, you can use the filter tab. Switch from "BUY NOW" to "ALL" to explore all characters and their respective owners. Alternatively, you can initiate a direct transaction by commenting on a Steemian's post who possesses the character NFT you're interested in.

NFT Quantity and Price (as of 2023-08-08)

NFT Holder Account SP NFT Quantity

@snft: 1,399,960.394 7,676
@vnft: 399,032.399 2,182
Total: 1,798,992.793 9,858
The calculated value per NFT is 1,798,992.793 / 9,858 = 182.491 STEEM.

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