Introduction to Nexapia
See: What is Nexapia? Vision and Mission Key Components of Nexapia $FOTON Token Block Sapiens NFT Collection Staking Mechanisms Types of Staking NFT Marketplace & Launchpad Fee Structure Fee Allocation
The Nexapia Whitepaper, a detailed guide to the vision, structure, and core functionalities of the Nexapia ecosystem. This whitepaper outlines the key components of Nexapia, including its NFT Marketplace, DEX, Launchpad, Staking Mechanisms, its native utility token, $FOTON and Block Sapiens NFTs. Each section aims to provide a comprehensive understanding of the ecosystem's features and mechanics.
What is Nexapia?
Nexapia is a multi-faceted ecosystem built on the Flare Network, featuring an NFT Marketplace, DEX, Launchpad, and is actively developing tools designed for digital asset engagement. At its heart lies the $FOTON token, the native utility token of the ecosystem. Enabling access to incoming service fees & governance participation. Nexapia aims to provide an accessible environment for creators, collectors, and participants, with a focus on community driven development.
Vision and Mission
Nexapia is designed as a platform for creativity, innovation, and community-driven engagement. By integrating blockchain technologies, the platform is committed to providing a decentralized ecosystem where users can participate in governance, access digital collectibles and engage with platform utilities, including staking mechanisms. Nexapia is committed to fostering an inclusive and transparent ecosystem that encourages active user involvement.
Key Components of Nexapia
Component
Description
A next-generation non-custodial flexible platform for buying, selling, bidding on, batch trading and swapping NFTs.
Built on Uniswap V3 architecture, enabling efficient, customizable liquidity provisioning with support for multiple fee tiers and meta-gas trading.
A creator-centric application that enables batch minting of NFTs, streamlining the process of launching collections efficiently.
The native utility token of Nexapia, used for staking and accessing platform governance participation.
A unique collection of handcrafted NFTs with platform-specific utilities, including eligibility for staking participation.
Includes NFT Staking, Yield Vault Staking and LP Staking.
(Coming Soon) Nexapia's FTSO will enhance staking rewards through Oracle-based incentives.
$FOTON Token
The $FOTON Token is the utility token of the Nexapia ecosystem, with a capped supply of 100,000,000 $FOTON. The token facilitates access to platform features, used within the platform for governance participation and engagement in staking mechanisms.
Token Utility
Yield Vault Staking: Stake $FOTON in the Yield Vault to earn rewards based on Nexapia application usage.
Governance: Participate in decentralized governance, influencing decisions on platform upgrades and future developments.
Liquidity Incentives: Incentives are provided for liquidity providers through the LP Staking program.
More Coming: More utilities coming for $FOTON coming in the future.
$FOTON Token Allocation
Category
Amount
Percentage
Block Sapiens NFT Collection
The Block Sapiens NFT Collection is a set of 5,000 unique, handcrafted NFTs that symbolize creativity, development, and innovation within the Nexapia ecosystem. The NFTs are packed with unique benefits, including:
Block Sapiens $FOTON Airdrop: Block Sapiens NFT holders receive a share of a 5,000,000 $FOTON airdrop after the mint is complete.
Block Sapiens NFT Staking: Block Sapien NFTs can stake for $FOTON.
: Each NFT provides a staking multiplier for rewards within the NFT staking pool.
Exclusive Access: Holders receive exclusive access to governance proposals and platform features.
Block Sapiens Traits
Trait Category
Number of Traits
24
10
33
14
11
Staking Mechanisms
Nexapia offers several staking mechanisms with the aim to incentivize user participation and long-term commitment. These mechanisms distribute rewards to stakers in $FOTON, $WFLR & more.
Types of Staking
Staking Pool
Mechanism
Potential Rewards
Stake $FOTON & Block Sapiens to participate in governance
$FOTON
NFT Marketplace & Launchpad
Nexapia Marketplace and Launchpad are core features that provide a comprehensive trading and launch ecosystem for NFTs on the Flare Network.
Nexapia NFT Marketplace: Offers features for buying, selling, batch buying, bidding, and batch listing of NFTs, with seamless transaction handling.
Nexapia NFT Launchpad (In Testing): Empowers creators to mint and list NFTs in batches, reducing the time and cost of launching collections.
Fee Structure
Fee Type
Percentage
Transaction Fee
4%
Launchpad Minting Fee
8%
Bidding Fee
0%
Listing Fee
0%
Fee Allocation
Last updated