NFT-onomics & membership model

Welcome to the second in a series of articles about basis.markets.

In our first article “Introducing basis.markets”, we:

  • Set the scene with some context on the market and the types of products and strategies that are currently making consistent 100%+ APR returns a reality
  • Shared insights into the opportunities out there and how basis.markets will help you take advantage of them
  • Highlighted what’s coming next and how you can get involved and keep updated on our journey.

Today, it’s time to introduce our innovative ownership model, which we’ve designed to turn the tables and put the community in control of every aspect of basis.markets — from the Basis Trade Engine, to our future roadmap including investment pool.

This has been core to our approach and we can’t wait to build a thriving community learning, growing, trading, and generating passive income with us.

Let’s get started!

TLDR:

4,000 Ownership NFTs will be sold in two public listings, firstly, a public presale and a main public sale at 5pm on November 15th.

Being NFT holder grants you the following benefits:

  • Access: Lifetime access to the Basis Trade Engine and platform
  • Ownership: Share of control in the product forever
  • Passive income: Receive a share of the recurring revenue generated by a future Decentralised Basis Liquidity Pool
  • Secondary market: Ability to trade and speculate on the value of the NFT
  • Rental opportunity: Potential to lease out your Ownership NFT
  • Voting rights: Power to guide our roadmap as part of community votes
  • Community: Connection with other NFT holders

You can prepare for the launch by setting up and funding a Solana wallet.

More information will be released on the roadmap and launch in the coming days.

Learn more in our first basis.markets town-hall on youtube here.

Ownership model — our “NFT-onomics”

The fundamentals

We needed to find an ownership model which reflects the innovative nature of basis.markets. For too long, the community has been restricted to being “users” of products and services, getting access but not real ownership of the solutions they use. This is why we have developed a completely new ownership model, which allows the whole basis.markets community to learn, grow, trade, and generate passive income together.

The core concept of our model is the Ownership NFT, which is a lifetime bond which binds together access and ownership for all holders.

basis.markets is centred around our core product, the Basis Trade Engine (BTE), which highlights your most profitable trade opportunities, but this is only one part of the story.

From Day One, NFT holders have additional utility in the form of trading, and the ability to rent access on the secondary market. From 2022, we have a roadmap of developments which we’re excited to develop over the coming months. Further into the roadmap we will have the first Decentralised Basis Liquidity Pool which will generate passive income for all holders through active trading fees.

NFT-onomics

The Ownership NFT model allows all holders to be a part of the capital table for basis.markets. Only 4,000 tokens will be sold, keeping the circulating supply limited and ensuring the value of the ownership retains its value throughout the roadmap.

  • Circulating supply: 4,000
  • Total supply: 5,000 (1,000 reserved for founding team — see below)
  • Blockchain: Solana
  • Access duration: Lifetime
  • Purchase limit: No limit
  • Bot protection: Enabled
  • Launch date: November 15th @5pm UTC

Allocation & distribution

The NFT-onomics have been designed to give majority ownership to the community — with only 1,000 NFTs reserved for the core team. The 80:20 split means that the community will have majority control over future developments and the power to vote on the roadmap.

The 1,000 Ownership NFTs allocated to the team are identical but locked for 2 years — these just represent the team’s 20% share of future pool rewards, and won’t be listed on the secondary market.

Therefore, future revenue from the Decentralised Basis Liquidity Pool will be distributed 80% to the community and 20% to the team as passive income.

Launch

We have been asked by the community to split the sale into two sales, a ‘public presale’ and a ‘public’ sale. This will give first access to members who have signed up to the waiting list on basis.markets, or are a member of one of our partner platforms — Lambda Markets and TraderSkew. The public presale will be limited to 1,000 NFTs, and there will be a limit on the number of NFTs that can be bought by any one wallet.

The public sale will take place on November 15th at 5pm UTC, with the remaining 3,000 NFTS available at this stage.

This is an unprecedented balance of power and reward — and your chance to take a seat at the table.

What you get as an NFT holder

Being an NFT holder gives a range of benefits, from traders, users, investors and speculators. No matter your angle, the Ownership NFT model gives you what you need to make the most of this unique opportunity:

  • Access: Lifetime access to the Basis Trade Engine and a full roadmap of groundbreaking future developments (roadmap to be released shortly)
  • Ownership: Share of control in a product and an exciting roadmap being driven forward by a dedicated team
  • Passive income: Receive a share of the recurring revenue generated by a future Decentralised Basis Liquidity Pool (see the upcoming roadmap 👀)
  • Secondary market: Ability to trade and speculate on the value of the protocol and offer your token for sale on the secondary market price at any time
  • Rental opportunity: Potential to lease out your Ownership NFT to others as a rental asset — an opportunity we’ve seen in other protocols recently
  • Voting rights: Power to guide our roadmap as part of community votes over features and priorities
  • Community: Connection with other NFT holders and the sharing of invaluable alpha from the team and community

There is no way to access the tool or other benefits without holding an NFT.

How you can join us

This is your chance to not only level up your trades with an advanced alpha-generating tool, but also be part of something revolutionary. We’re offering the chance to take back control from the big players and own your share of a future protocol with huge upside potential.

Once you’re an NFT holder, you’re in, period. Until you trade or sell your NFT, you will have full, unlimited access to all the benefits above.

We will be releasing a full launch checklist with step-by-step information and videos on how to get your Ownership NFT, but there are some things you can do today to get ready:

  • Set up a Solana wallet — we recommend Phantom wallet
  • Fund your Solana wallet SOL, transferring from your exchange or bridging from another chain
  • Ensure you have enough SOL to cover the cost of one or more NFTs, plus a little extra (0.1 SOL should be plenty) for network fees

Preview: our longer term roadmap

Keep an eye out for the next article which will go into more detail about our innovative roadmap and answer some of your questions about the future developments including the Decentralised Basis Liquidity Pool.

For some early information check out the first basis.markets town-hall where @tedtalksmacro and @TraderSkew leaked some alpha on select parts of the roadmap here.

What’s next?

With our launch date fast approaching, the team is working round the clock to put the finishing touches to platform ready to share it with our new NFT holders.

Timings of our launch will be released on our social media platforms in the coming days.

In the meantime, connect with us to find out more, ask questions, and hear the latest updates on when/how you can get your hands on your Ownership NFT.

Meet the team here and watch on youtube.

Sign up for the waitlist

Follow us on twitter

Join our telegram

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A decentralised liquidity pool owned by you, powered by our Basis Trade Engine. Next-level returns. Delta-neutral yield. Real-time insights.

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basis.markets

basis.markets

A decentralised liquidity pool owned by you, powered by our Basis Trade Engine. Next-level returns. Delta-neutral yield. Real-time insights.

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