Cloud NFT (CLOUD)

What Is Cloud NFT ?

Cloud NFT is a cross-chain ecosystem that aggregate NFTs from all marketplaces on different blockchains, mint and exchange NFTs with zero fees and flawless user onboarding. The whole ecosystem operates on the native API that maintains the entire processes within the Cloud NFT platform.

Cloud NFT Unique Features

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Roadmap

• Primary Cycle

During the Primary Cycle, we aim to set up the product and conduct a token sale to raise funds for future development.

We have already completed several steps of the Primary Cycle, including the market research and analysis, Cloud NFT concept and strategy development, initial roadmap, and development framework preparation. The following steps are pre-sale and public token sale, which we plan to launch by the end of 2021.

• Core Cycle

The goal of the Core Cycle is to develop and deploy the key elements of the Cloud NFT ecosystem: an application (consisting of an NFT exchange, an aggregator, and a wallet) and a business API

The application and the API will be developed simultaneously, and the overall duration of this Cycle might reach up to one year. The elements of the ecosystem will be deployed as soon as they are finished, though.

• Alloy Cycle

Next, we’ll keep working on the project during the Alloy Cycle. As you might have guessed from its name, this Cycle will be dedicated to merging all products into one ecosystem.

We’ll make sure that all our products, including the aggregator, the exchange, the wallet, and API, are seamlessly integrated into the ecosystem and work in tandem perfectly well. During this stage of the Cloud NFT development, our main goal is the interoperability of all products for a perfect user experience.

• Confluence Cycle

The last Cycle of the Cloud NFT development might take months and years and never be completed. Why so? The thing is that the Confluence Cycle will be dedicated to integration and adoption, and as you understand, this is a never-ending process.

We strive to achieve global adoption of the Cloud NFT platform as well as the NFT industry. For this, we’ll make sure to integrate as many blockchains as possible, get listed on many exchanges, partner with global companies, and support our users and community on a daily basis.

Cloud NFT  Token Economy

Facilitating inner transactions

Well, as we have talked before, Cloud NFT is not just a protocol, it is a full-fledged NFT ecosystem which will cover all the needed functionalities for the greatest NFTing experience ever. Cloud NFT is a SaaS for the NFT issuing for DApps, business partners and Cloud NFT customers.

The platform will be managed by SaaS which is connected to the application. The Cloud NFT App contains the native Wallet, Aggregator and Exchange to cover all the essential tools for smooth NFT creation and management.

In such a case, the presence of one unique token for the inner transaction management is necessary. Thus, CLOUD will be used to enable the transactions between the in-built products to facilitate and enhance user experience while saving you from tons of transactions and exchanging of a few different tokens.

You have just one $CLOUD token to run the whole Cloud NFT ecosystem!

Gas compensation

The transfer of NTF from the Ethereum blockchain to the Cloud NFT network is encouraged by CLOUD tokens, offsetting a portion (share) of the user’s transaction costs.

Trading fees

The utilization of $CLOUD will enable payment of commissions for conducting trade operations with NTF within the Cloud NFT service.

Governance

The holders of CLOUD tokens can take part in managing the development of the project by submitting proposals and voting for them. Thus it will help in adjusting the size and distribution of commissions as well as compensations within the Cloud NFT ecosystem.

Staking

Keeping CLOUD tokens in the governed pool is encouraged by receiving a share from the reward pool (which is formed from the initial emission, part of gas compensations and platform commissions).

Yield Farming

User support of liquidity pools on various blockchains to secure transactions involving Cloud tokens is rewarded from the marketing allocation reserve.

NFT Wrapping

The usage of CLOUD token will be used to cover the commissions for reissue of NFT in another blockchain secured by the main NFT.

NFT Promotion

The Cloud NFT tokenomics presupposes CLOUD token burning mechanism. This will be used to facilitate the promotion of user NFT in the search results of the Cloud NFT Aggregator.

Exclusive NFT collections

Holders of CLOUD tokens will be encouraged by providing access to the purchase of unique NFT collections for active users.

Detailed Token Metrics

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Token Distribution

• 8% of CLOUD tokens for pre-sale
• 10% of tokens for public sale round
• 5% for seed round
• 7% of CLOUD tokens will be allocated for Could NFT strategic partners
• 20% for team and advisors
• 24% will go for marketing purposes and community incentives
• 20% will remain as a company reserve
• 1% of CLOUD will be provided as a liquidity to Uniswap pool

Token Release Schedule

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Partners & Advisors

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Team Members

Investors

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