โ“FAQ

Below you can find the frequently asked questions about challenges in Neoki.

Q1: How to participate in a challenge?

To participate: 1.Ensure your NFT is listed. 2.Click "Submit" on any challenge card. 3.Select the relevant NFT for submission.

Q2: How to list an NFT?

  1. Connect your digital wallet (e.g., Metamask).

  2. Click "Create" and select "NFT."

  3. Upload your artwork file and provide required data:

  4. Define category of your NFT according to the list of categories . ( this can help your NFT be seen in searches)

  5. Define the feature of your NFT .( if it is a 2D, 3D, animated, or etc)

  6. Define the desired scarecity of your NFT . ( Scarcity refers to the limited availability, making your artwork unique and valuable)

  7. Put a name on your NFT .

  8. Describe the story of your NFT creation or any related information you wish to mention )

  9. Select how many copies of your NFT do you wish to have .

  10. Define a royalty fee for your NFT (Royalty fee is the percentage of revenue you wish to receive in future sales of your NFT in secondary markets which is eternal )

  11. Press create NFT button, and done your NFT now is owned by you and minted. But not listed yet ;)

  12. Now go to your profile, click on your Owned NFTs .

  13. select one of your owned NFTs.

  14. Click on more info and choose "List for sale."

  15. In the pop-up window, set a price in Niko for your artwork and click โ€œList NFTโ€.

Congratulations, you just received one Niko token ( you can see on the header of your profile ) Your NFT is now listed and ready for challenge submission.

Q3: Why should I participate in a challenge?

  • Participants engage in artistic co-creation and collaboration.

  • Challenge creators invite you to share ideas; winners share revenue. Journeys and benefits for winners:

  1. Bonus: Receive 10 Niko drops upon challenge approval.

  2. NFT may be re-listed at a higher price, benefiting the creator.

  3. NFT might get a physical twin, increasing its value.

  4. NFT may be 3D modeled as an asset, sharing revenue from metaverse usage.

  5. Winners gain visibility in a community of brands and artists.

  6. Exposure for all participants, even non-winners, within a collector community.

  7. Option to submit the artwork to other similar challenges.

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