NFT Importance
Last updated
Last updated
Sphynx NFTs play a pivotal role in the Sphynx ecosystem, offering unique benefits and serving as the primary gateway to earning $SPHYNX tokens before they are listed on exchanges. Here’s why these NFTs are essential:
1. Exclusive Access to $SPHYNX Tokens
Sphynx NFTs are the only means to earn $SPHYNX tokens from BLESS during the pre-listing phase. By minting and staking these NFTs, holders gain early access to $SPHYNX, positioning themselves advantageously within the ecosystem before the tokens become publicly available on exchanges.
2. Secure Minting Process
When you initiate the minting process for a Sphynx NFT, your un-minted NFT is placed in a queue for minting and successful transaction confirmation. Rest assured, your BLESS tokens are not lost during this process; they are securely utilized to generate your NFT on the TON Blockchain.
3. On-Chain Transactions and Gas Fees
Both Sphynx NFTs and $SPHYNX tokens are on-chain assets, which means all transactions are recorded on the TON Blockchain. To facilitate these transactions, including minting and staking, you will need TON to cover the associated gas fees.
4. Market Flexibility on Getgems
Sphynx NFTs can be bought and sold on the Getgems marketplace, providing a platform for trading within the community. Whether you want to acquire additional NFTs or sell existing ones, Getgems offers a reliable marketplace for these transactions.
Marketplace Link: Getgems Sphynx Collection
5. Transferability Between Wallets
Sphynx NFTs can be easily transferred between TON wallets, allowing flexibility in ownership and the ability to manage your digital assets as needed. This feature ensures that your NFTs remain versatile and accessible within the broader TON ecosystem.
6. Staking Restrictions
Once you stake your Sphynx NFT to earn $SPHYNX tokens, it becomes locked within the staking process. During this period, the NFT cannot be traded on the marketplace or transferred to another wallet. This ensures that staked NFTs are dedicated to the earning process, maximizing your rewards.
7. Availability Throughout Phase 2
NFT minting will be available throughout Phase 2 of the Sphynx project. This extended period gives all community members ample opportunity to participate and secure their place within the Sphynx ecosystem by obtaining and staking NFTs.