srnArtGallery Whitepaper

by SrnArtGallery

ABSTRACT

srnArtGallery is a union of NFT artists. It is a community that wants to spread art globally and reach out to more art lovers.

At the center of the srnArtGallery is the $SACT token. It gives people chance to have NFT Arts with paying nothing. $SACT solves the problem of Expensive NFT Art by staking and farming.

*Disclaimer*

* By participating in the collection and ownership on srnArtGallery (SACT) token you agree to the following: 1) You are not a citizen or resident of the following countries: Albania, Bahamas, Barbados, Botswana, Cambodia, Ghana, Iceland, Jamaica, Mongolia, Myanmar, Nicaragua, Pakistan, Panama, Syria, Uganda, Yemen, Zimbabwe, Iran, Afghanistan, Guinea — Bissau, Laos, Mozambique, Mali, Uganda, U.S.A, Tanzania, North Korea. 2) You do not engage in fraudulent or illegal money laundering activities. 3) That you are aware of your countries regulations in regards to cryptocurrency.

DO YOUR OWN RESEARCH!

What is NFTs?

A non-fungible token (NFT) is a special type of cryptographic token which represents something unique; non-fungible tokens are thus not mutually interchangeable. This is in contrast to cryptocurrencies like bitoin, and many network or utility tokens that are fungible in nature.

Non-fungible tokens are used to create verifiable digital scarcity, as well as digital ownership, and the possibility of asset interoperability across multiple platforms. NFTs are used in several specific applications that require unique digital items like crypto art, crypto-collectibles and crypto-gaming.

Art was an early use case for blockchain. NFTs prove authenticity and ownership of digital art.

ERC-1155 Standard

ERC1155, brings the idea of semi-fungibility to the NFT world as well as it provides a superset of ERC721 functionality, meaning that an ERC721 asset could be built using ERC1155. This standard outlines a smart contract interface that can represent any number of fungible and non-fungible token types. Existing standards such as ERC-20 require deployment of separate contracts per token type. The ERC-721 standard’s token ID is a single non-fungible index and the group of these non-fungibles is deployed as a single contract with settings for the entire collection. In contrast, the ERC-1155 Multi Token Standard allows for each token ID to represent a new configurable token type, which may have its own metadata, supply and other attributes.

SACT USE CASE

As we said before SACT is a community token from srnArtGallery. How to use SACT? You can Stake SACT on Unifty.io to farm NFTs from srnArtGallery. There are 4 Farms available now and we will hardly work to add new ones in the future.

What are those 4 Farms?

Only SACT, SACT-BNB, SACT-BUSD and SACT-CAKE. This means you can use SACT several purposes. You can either stake SACT or make LP’s to farm it depends on you. You can redeem various NFTs from our collection by the points you gained from farming or staking. Just like the other crypto assets, SACT is totally tradeble as well (on pancakeswap).

WIN-WIN MECHANISM

Current market conditions cause NFT prices to go up exponentially and it makes harder for people to reach them. One of the main missions of SrnArGallery is to easily connect NFT’s and art lovers. Thanks to Unifty.io , we were able to create Farms to buy NFT’s at more affordable prices!

After redeeming you NFT from our gallery (details will be announced in the following days, stay tuned!), you will be able to directly sell it on OpenSea. Also NFTs will be available to trade on Unifty.com after they finish setting up their own marketplace (Wait for the announcement teams are hardly working for it!). It’s the win-win mechanism of srnArtGallery. Let’s meet more ArtLovers and aquire NFT’s free of charge.

TOKENOMICS

*MAX/TOTAL SUPPLY 5 Million

*%45 AIRDROPPED succesfully(2250000 $SACT)

*%5 ADVERTISEMENT (250000 $SACT)

*%12 REWARDS (600000 $SACT)

*%10 LIQUIDITY succesfully added at PancakeSwap(500000 $SACT)

*%8 Exchange Listing or Pool will be locked ( 400000 $SACT)

  • %20 ARTISTS(TEAM) will be locked(1000000 $SACT)

Website https://srnartgallery.com/

Twitter https://twitter.com/srn_art

Instagram https://www.instagram.com/srn.art/

Telegram https://t.me/SrnARTofficial

NFT artist