What is Nephilim NFT, NEAR blockchain and DeFi? | PortalCrypto

Nephilim is a decentralized, independent organization of people around the world with a common vision that runs on the NEAR blockchain, consisting of 666 animated NFTs designed and created by a collection of artists. Read on and learn more about the Nephilim project.

What is Nephilim?

The Nephilim Project is a decentralized and independent organization of people around the world who have a common vision. It runs on the NEAR blockchain. The Nephilim NFTs are originally 666 animated NFTs that run on the NEAR protocol, designed and created by a collection of artists depicting various styles of real-world gaming background art, incorporating weapons and gear into their work and granting them exclusive access to the Nephilim.

The project aims to create a decentralized autonomous organization that will allow community members with diverse skills to collaborate and provide services in exchange for fair compensation through its independent Web3 platform based on the NEAR protocol.

Nephilim independent platform

The Nephilim Freelancer Platform (NeFP) is one of the first decentralized independent platforms on the NEAR protocol. Self-employment has grown tremendously over the past decade and is expected to increase further in the years to come. With this growth, the self-employed will represent up to 80% of the entire global workforce by 2030 (Hamann, TK, Guldenberg, S., 2021). Once considered a secondary income and additional jobs, self-employment has now become an important employment option.

Platform independent is also widely used for prototyping/starting a Web3 project. However, if you think only small businesses use freelance platforms, you will be surprised. A report by Accenture indicates that one hundred (100) Fortune 500 companies use freelance platforms (Yili Hong, PauI A. Pavlou, 2013). Likewise, self-employment is becoming increasingly popular today as more and more people find it profitable and convenient, which means more talent for businesses.

workgroups

Qualified DAO members will also be able to form workgroups, such as a group of painters forming a workgroup to complete a specific task. Groups can also offer work as a unified entity. When a group is formed, our smart contract will allow entrepreneurs to set up profit sharing.

Independent independent platform

Traditionally, there are a lot of hassles when it comes to finding the right freelancer for a specific task. While most platforms have their own mechanisms to prevent fraud and shoddy delivery like depositing funds, most people still waste their time even though they can get their funds back if they are not satisfied with the delivery.

In addition, the information of freelancers on the web2 platform can be manipulated in several ways. It’s hard to tell if the freelancer has the right skills. However, when using a blockchain contract and our DAO, jobs and freelancers are governed by a smart contract. Our DAO will provide a secure way to ensure that all freelancer information is authentic. For example, some freelancers will use multiple accounts, create fake jobs, and compete with the other account for better reputation (mostly stars/comments). We avoid this by using our DAO and community-governed work delivery; this delivery will be invalid work and will not increase the reputation of the freelancer.

One of the features that stand out from other freelancing platforms is our use of our DAO, which also allows multiple people to form guilds/divisions/taskgroups so they can work together to complete larger jobs. that they may not be able to work alone. , the contribution to the payment of labor is also governed by the agreed amount indicated in the smart contract.

crypto payments

Most Web3 project teams can have their core assets on-chain, but must pay for services through a Web2 platform. This is a major hurdle, especially since many native crypto startups cannot be funded quickly in traditional ways. Additionally, most independent platforms will hold their funds less transparently for a reasonably long period of time; some platforms keep their funds after completion of work for more than two weeks and in addition, they may also need to open bank accounts, which causes more problems for both the freelancer and the work provider. Our Web3 freelance platform uses cryptocurrency for payment, which will provide a faster, simpler, and more transparent way for both parties to process payments.

guilds

A guild is a community of individuals led by various members of the highest rank. Each member that meets a certain contribution to the general will be elevated in the ranking. Additionally, guilds will provide an additional layer of governance for the quality of DAO contractors. Collaborative coaching will be the key method for guild members to supervise each other and improve the overall quality of work.

Benefits of Nephilim NFT

Since everyone can contribute by completing activities and collecting rewards, NFT Nephilim holders will benefit from the shared distribution of tasks. Nephilim NFT holders will be able to participate in the revenue generated by our freelance platform. The income share of the holder is determined by the number of NFTs he owns. Having multiple NFTs allows the holder to take advantage of the staking multiplier.

Holders will be able to increase their NFT staking payout in the future by burning a specific amount of tokens using our gamified staking contract. In addition to the revenue share, holders receive a 50% share of secondary market royalties.

  • Revenue sharing based on Freelancer platform and Project Launchpad tool tiers
  • Secondary market royalty split is 50%
  • Free tools to use
  • Revenue breakdown by level of any revenue generated by other secondary tools

In addition to the items described above, more value for NFT Nephilim holders and community supporters will still be added in the future.

How does decentralization work with a freelance platform?

List of tasks on Nep Marketplace

From the user’s point of view, the list of tasks on our freelance platform will be simple and straightforward; how task providers need their tasks, the desired budget and time frame. Traditionally, freelancers can only approach the individual task, but using our best DAO, you can contact different guilds/groups in our DAO to find the solution for the project. Moreover, freelancers can also create a task force to help us others in the necessary task with the price based on the contribution. We also focus on ease of use to provide the best user experience for vendors and freelancers. Therefore, a Nephilim platform creates a friendly user interface with a complex and secure backend process.

Communication

The most crucial element of a successful job is communication. However, most independent platforms may not allow you to redirect as shares to other social apps such as Discord and Telegram. However, we encourage users to use these tools to better connect with the builder community and enable better asset management using private rooms, group chats, and more. Our smart contract will also govern the milestone/work scope for the job to track the progress of the tasks and sync the vendor and freelancer.

Managed delivery

The work provider may have delivery and progress governed by our CAD. In addition, can choose between different levels of resource provider providing the project, the work can choose from some governance: from complete: This everyone in the DAO with a corresponding professional status with vote not based on the requirements met 2 Audit delivery from the supplier, etc. accepted by both parties. A set of government rules will govern both delivery options, which must be followed by all members involved in managing a project.

Awards

Intelligent will take care of the distribution of profits while ensuring confidentiality, as they are distributed directly to project collaborators in NEAR. In addition, as project implementers will not be endorsed by the project, they will be released to NephilimFT and job holders, and labor compensation will be given for tasks that have made a positive contribution to the task. .

Nephilim NFT Staking

Nephilim allows global investors to participate in Token of Certainty tokens while they are already in development. By betting on Nephilim NFT, traders can be sure that their funds are safe. The value of locked tokens will immediately allow access to ownership of the issuing party’s shares, consolidating the token generation event into Nephilim NFTs and dispersing Near from investors who sell directly to token holders.

However, NFTs will not be distributed equally to all network participants. In the model, only a limited number of tokens can be obtained by wagering Nephilim, and users must wager their own Nephilim to gain access to unlocked tokens available for distribution. However, it offers a financial incentive to everyone who completes the program. It also ensures the rarity of the collection, which helps interested parties and market listings where players buy and sell, rather than taking them out of the market.

Partners of the Nephilim team

  • Secret Society of Skellies – The Nephilim team has partnered with SSS to give users the ability to pay with $UTOPIA.
  • El Cafe Cartel – The team collaborated with El Cafe Cartel, responsible for the initial creation of the token.
  • NEKO Token – They have also collaborated with NEKO Token who will be hosting a bug bounty event on the indie platform.
  • Near Future – Nephilim developers have teamed up with NEAR Future to deliver NF: Classic Teaser Mint!

Where to buy Nephilim NFTs?

The NFTs of the Nephilim project can be traded on the NFT market below:

Conclusion

The project Nephilim is a decentralized and autonomous organization made up of people from all over the world who give back a shared vision. The Nephilim project aims to generate a decentralized autonomous organization that will allow community members with broad skills to work together and provide services in exchange for fair compensation through an independent Web3 platform on the NEAR protocol. PortalCripto hopes the article provided the necessary information about the Nephilim project.

* PortalCripto values ​​the quality of the information and attests to the verification of all the content produced by its team, emphasizing however that it does not make any type of investment recommendation, not being responsible for losses, damages (direct, indirect and accessories ), costs and loss of profit.

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What is Nephilim NFT, NEAR blockchain and DeFi? | PortalCrypto


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