Findex
  • Introduction
    • Executive Summary
  • What is an Findex (FIX) Token and NFT?
  • FIX's Commerce & Engagement Boost
  • Token Ecosystem
  • How to Integrate FIX Tokens and NFTs
    • 1. Identify the FIX Token and NFT use case
    • 2. Mint the FIX Tokens and NFTs
    • 3. Decide how to store digital assets in a long-term sustainable way
      • Vesting Plan
    • 4. Store and access FIX Tokens and NFTs securely and easily
    • 5. Distribute across an applicable marketplace
    • 6. Identify additional opportunities to engage fans
  • Considerations Associated with Change
  • Findex (FIX) - The Trusted Engine of Commerce
  • Key Team Members
  • Conclusion
  • Glossary of Terms
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  • Release of Allocation and Market Distribution Volume
  • Lock up and Release Schedule
  1. How to Integrate FIX Tokens and NFTs

2. Mint the FIX Tokens and NFTs

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Last updated 10 months ago

After determining what content to use, the Findex (FIX) Token and NFT needs to be created, or minted. To mint an Findex (FIX) Token and NFT, a cryptographic key is used to create a token on the blockchain that represents a piece of digital media. Important characteristics, like the name, description, and the edition size can be included within that token. Once an Findex (FIX) Token and NFT is minted, it is immortalized on the blockchain. It is important to have a minting platform that gives flexibility and control over the features of the Findex (FIX) Token and NFT.

There are several platforms that can help with the minting of Findex (FIX) Token and NFTs. It is important to note that the ecosystem for this is in its infancy – the majority of platforms like OpenSea and Rarible are positioned for any creator, often including brand-new creators, but there are platforms focused on supporting brands and larger creators – Bitski has done drops with the likes of Adidas and Levi’s, while Gary Vaynerchuk’s VeeFriends drop was on Nameless – and many more are coming into the space.

In creating Findex (FIX) Token and NFTs, companies are well-advised to find providers who will mint Findex (FIX) Token and NFTs according to custom smart contracts so that companies have as much control as possible over the parameters of the Findex (FIX) Token and NFT, including provenance, attributes of the Findex (FIX) Token and NFT, and storage of the underlying media asset.

Release of Allocation and Market Distribution Volume

Each allocation is released on the following schedule. The table below shows the maximum market volume for each period. Depending on the actual timing of distribution and the development of the reward framework, the distribution volume may be less than the table below.

Lock up and Release Schedule

This restriction does not prevent project team from staking for leadership in the early stage of governance.

Yrs
Months
Amount (Bn)

1

12

0.1

2

24

0.2

3

36

0.3

4

48

0.4

5

60

0.5

6

72

0.6

7

48

0.7

8

96

0.8

9

108

0.9

10

120

1.0