NFT Marketplace

The inclusion of an NFT Marketplace is another important feature within the GameOn Forge ecosystem. The marketplace will act as a central hub where users can buy and sell numerous digital assets, including NFT art, game items, utility assets, and other digital collectibles.

Seedsale and Launchpad participants who choose to wrap and sell locked tokens via P2P transactions will use the NFT marketplace to do so. (See the Decentralized OTC/Locked Liquidity Marketplace section for more info)

NFTs In Gaming

A significant innovation within a changing industry, NFT tech in gaming, enables features such as; provable scarcity, provable ownership, transparency, exclusive features and experiences activations, accurate and transparent rewards distribution, and the ability to securely buy, sell, or trade in-game items.

As GameOn Forge is a WEB3 and gaming-focused ecosystem, the NFT Marketplace will be the platform for gamers to buy, sell, and trade skins, weapons, and other in-game items acquired by playing partner games listed on the GameOn Forge Marketplace.

Social Points (SP) Integration

A crucial aspect of the GameOn Forge NFT Marketplace is the integration of the Social Points system.

Converting SP On The NFT Marketplace - Users will be able to convert the SP they earn through their participation in Quests, Missions, and other community events, to claim NFT items and discounts on the marketplace.

These NFT items may include exclusive offerings from GameOn Forge, items from games and game partners, or NFTs made exclusively available through marketing and other partnerships.

A dynamic pricing system will be used when redeeming SP for rewards, where higher-value assets will require more SP than common or less valuable items. This ensures a fair and balanced rewards system where the most active contributors can access the highest-value rewards.

Basic NFT Marketplace Buy/Sell Functions

Buying/Selling An NFT - Participants who want to sell an NFT will be able to list it for sale on the marketplace at their desired price. Once a buyer chooses to purchase the asset, they will execute a transaction and the funds will transfer to the seller's wallet, while the NFT moves to the buyer's wallet.

Making An Offer On An NFT - A buyer will be able to make an offer to purchase a listed or unlisted NFT. If the asset holder accepts the offer, they will execute a transaction to transfer the funds and assets(s) to the respective wallets.

Making A Collection Offer - Users will also have the option of making a collection offer, which will enable them to choose a specific collection and place their buy bid, and anyone who holds an NFT from the collection will be able to accept the offer.

INOs and Collection Launches

The GameOn Forge NFT Marketplace will facilitate initial NFT offerings and Collection Launches. These offerings may include art collections, game asset collections, access passes, PFP collections, etc.

INOs enable participants early access to purchase NFTs at a set price before the collection is available for trading on the secondary market.

Participation in INOs - While some launches will be open to the public, others will utilize a whitelist process.

Depending on the sale, whitelist selection may employ the Launchpad whitelist process; e.g. holding/staking $GOF tokens or utilizing Social Points to register interest, while others may require participation in game tests and other special events.