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DAPP




NINETY1

The purpose of Ninety1 is to introduce $FLD (“FOLD”) into circulation via
“mining” using NFTs.
$FLD is an ownerless, taxless token built on the Avalanche chain.
The initial circulating supply is ZERO.
The total supply is 2,652,000,000.

Using an emission schedule based on a Fibonacci “regression”, $FLD will take
more than 26 years to be fully circulating. Through a series of gamified
principles, some NFTs are minted and held, while others are advantageously
burned.
‍
All are auto-staked through the smart contract to earn $FLD emissions. Rarity
determines the emission multiplier.
Wallets holding $FLD also earn emissions. Third party LP contracts identified by
the protocol earn $FLD with a maximum multiplier of 10x.  
Like the NFTs, $FLD is auto-staked and any third party LPs identified by the
contract will be able to be manually staked on the dAPP



FIND US ON

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Medium


WHITEPAPERS

MATTER
NINETY1
LeVel
Overview



WHAT IS NINETY1


NFTs as Token Miners


Ninety1 includes a series of two NFTs that function as “miners” of $FLD. This
technology is built into the smart contract, so participants need not own, lease
or otherwise engage a mining “rig” to receive $FLD. The mining of $FLD is a zero
emissions carbon neutral series of events, as leveraging smart contracts
eliminates the need for computing power and validators for consensus.

How It Works


We recommend reading the WhitePaper for a detailed review of Ninety1. A brief
summary is provided below.
‍
‍Ninety1 begins with minting Twenty6Fifty2, an NFT containing unlockable
content. As the name suggests, there are a total of 2,652 NFTs, representing the
number of unique 2-card combinations when one considers both cards and
sequence.  Locked within each Twenty6Fifty2 NFT are (91) additional NFTs, called
Ninety1, with each containing 1,000 $FLD. Burning a genesis NFT unlocks the
Ninety1 NFTs. Burning a Ninety1 NFT unlocks 1,000 $FLD.

Why would a holder burn a Twent6Fifty2 NFT?


Both series of NFTs follow a ranking system: Premium, Playable, Neutral and
Trash. Emission multipliers are based on rank, earning 10x, 6x, 3x, and 1x
respectively. If a holder mints a lower ranked Twenty6Fifty2 NFT, it may be in
their best interest to burn it and receive Ninety1 NFTs, comprising the entire
array of multiplier possibilities. Via burning, they now have NFTs earning 10x,
6x, 3x, and 1x emissions of $FLD.

TVL of NFTs


As no liquidity pairs were created by LabNinety1, this is to be determined by
the community. With a renounced contract and LPs created and valued by third
parties, $FLD represents a true vehicle for DeFi.

The Future for $FLD


LabNinety1 built the Ninety1 project with a specific purpose: to create a solid,
ownerless, trustless foundation upon which anyone can build. LabNinety1 has
begun development of a separate project utilizing AI blockchain technology
combined with $FLD to provide a solution to a genuine challenge with respect to
data collection, management, and distribution.
In addition, a DeFi platform has been designed using $FLD, with development
underway by LabNinety1. Because it is ownerless, holders may discover
alternative ways to use $FLD. It is simply a matter of using imagination,
creativity, and drive to build something new.


MEET THE TEAM


HAVOC

Founder





STAX

Strategy & Marketing





EDDIE

Lead Dev




ELLE

Copy Editor





NOIR

Design & Graphics Lead





TED

Project Management




XT

Technology Consultant





FLOSSY

Web/dAPP Development





CRYPTODADDI

Consultant




BEN

Admin/Moderator





ZORAN GUTAN

Admin/Moderator





NOVIQ

Admin/Moderator









BLAKE

Admin/Moderator






FREQUENTLY ASKED QUESTIONS

How do I mint a Twenty6Fifty2 NFT?


Grab some $AVAX, enter the dAPP, select the mint function, approve the
transaction.  It really is that simple. Mint is 8.33 $AVAX per NFT, and gas is
cheap on Avalanche. So make sure to have just a little extra AVAX in your wallet
to cover transaction fees, and you’re good.

Can I mint a Ninety1 NFT?


Nope.   Sorry.  The only way to obtain a Ninety1 NFT is via burning your
Twenty6Fifty2 NFT or buying on the secondary market.

What is the utility for of the Twenty6Fifty2 and Ninety1 NFTs?


The purpose of the NFTs is to “mine” $FLD.  With the initial circulating supply
of $FLD being zero, the only way to introduce $FLD into circulation is through
emissions collected by those holding NFTs.  Because this process is built into
the contract, it requires no equipment, energy, or coding knowledge to
participate.  Just mint, and you’ll be earning $FLD automatically.

What’s the difference between Twenty6Fifty2 and Ninety1 NFTs?


Twenty6Fifty2 NFTs are the Genesis product.  Within them lies unlockable content
that can be accessed through a series of burns.  Burning a Twenty6Fifty2 results
in the holder unlocking Ninety1 NFTs.  Each Twenty6Fifty2 burned yields the
entire array of possible combinations of the Ninety1 series, (91) in total. 
Burning a Ninety1 NFT unlocks 1,000 $FLD.

How do I set up a wallet on Avalanche mainnet?


Click on the link below and follow the steps.  That simple.

https://support.avax.network/en/articles/4626956-how-do-i-set-up-metamask-on-avalanche

What is unlockable content?


Unlockable content could be anything that the creator of an NFT would embed
within it to make available to the holder.  In the case of Twenty6Fifty2 NFTs,
there are 91 NFTs unlockable via burning. These are the Ninety1 NFT series. 
And, within the Ninety1 series, there lies 1,000 $FLD unlockable in each of
them– you just gotta burn the NFT to access the tokens inside.

Do I need to stake my NFTs to earn $FLD?


No.  All NFTs are “auto-staked.”  This means that the contract recognizes the
wallet that holds the NFTs, and $FLD emissions are automatically allocated to
that wallet address based on their NFT’s rank and emissions multiplier.  All one
needs to do is claim $FLD on the dAPP.

Do I need to stake my $FLD to earn $FLD?


Similar to the NFTs, $FLD is also “auto-staked.” as well.  $FLD emissions are
allocated by the protocol proportionately according to the token balance in the
wallet by the protocol, and available for that wallet to claim on the dAPP.

Do the NFTs have rarity traits or rank?


Rank is what is important.  Refer to the Whitepaper for details, but there are 4
Ranks for each series– Premium, Playable, Neutral and Trash.  Emission
multipliers exist for each, ranging from 10x down to 1x dependent upon the
Rank.  The higher the Rank, the more $FLD emitted to the holder.

How do the Staking Multipliers work?


Below is the table showing the emissions multipliers for the NFTs based on Rank.
You can also find this information in the Whitepaper.
‍

Staking
Rank
Multiplier
Yield Factor
Net % Emission Yield
Premium
10
0.4524886878
11.64%
Playable
6
1.791855204
46.10%
Neutral
3
1.479638009
38.07%
Trash
1
0.1628959276
4.19%
How do I claim $FLD?


Connect to the dAPP, hit “Claim,” approve the transaction and you’re Gucci.

Can I sell my NFTs on the secondary market?


Of course you can.  They are yours.  Do what you want with them.

How do I add $FLD to an LP to increase my Staking Multiplier?


Using the drop down menu below  “Select a Pool” on the dAPP “Stake” page, one
can see the available $FLD Pairs that have been created by the Community that
LabNinety1 has approved for 10x emissions of $FLD.Once a holder has selected
their desired pair, they can use the “Get LP” button and this will redirect them
to the Dex where the pair has been established.Using equal amount of $FLD and
the token to be paired (relative to $AVAX), the holder may add liquidity to the
pair.Once this is added, the holder can then stake it using the Ninety1 dAPP. 
This transaction is two steps– an approval from the holder’s wallet, and
subsequent staking approval.Unstaking is done in reverse, and the holder would
need to use the appropriate Dex to remove liquidity and break the LP tokens.

What happens when I burn a Twenty6Fifty2 NFT?


Burning a Twenty6Fifty2 NFT results in unlocking and receiving (91) Ninety1
NFTs.  The holder receives the entire array of the series.

What happens when I burn a Ninety1 NFT?


Burning a Ninety1 NFT results in unlocking 1,000 $FLD, which is sent to the
holder’s wallet.

Can I sell my $FLD?


If third parties find value in $FLD and create liquidity pairs, then it is
possible for $FLD to be openly traded.  However, LabNinety1 will not be part of
this process.  The gateway to truly decentralizing lies within community
consensus, not within the creators.  If the community finds value, sell all you
want.  But we’ve got nothing to do with it.

Reach us on: LabNinety1@gmail.com




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