A bit of the project, our Token $SGFuel, the NFTs and few others informations.
Who are we.
What is SugarFactoryBsc?
SugarFactoryBsc is the next-generation hybrid and decentralized NFT & DeFi platform. Our project is actively promoting Artists & Creators with marketing for the growing digital world .
Who are the developers?
We are a team of artists, developers, designers, marketers, financial, and project managers with deep involvement and experience in the crypto space.
What makes your ecosystem unique?
SugarFactoryBsc is the first full community-driven art marketplace. We believe that the diversity of our artists and our roster will make our project truly unique.
Who can use your platform?
Artists, Creators, Buyers, Sellers, Traders, Collectors, and Fans.
DEFI & NFTs.
What is and how to get $SGFUEL?
The Sugarfuel token was created to govern the ecosystem of the entire platform, from NFT Creation Mining to Liquidity Pools, and the DAO. $SGFUEL has a fixed token supply of 10 billion and is available on pancakeswap.
What is NFT?
An NFT (Non-Fungible Token) is a unique token on the blockchain that can be attached to any asset to verify its authenticity and ownership. An NFT is not the artwork itself, it is the license to the artwork that is attached to the digital artwork on the blockchain.
What can I do with NFT art?
NFT art can be created, purchased, sold, traded, and collected. Tokenised art endows ownership rights such as: the right to own – the right to sell- the right to lend – the right to royalties – the right to confer reuse.
Who can mint art on SugarFactoryBsc?
For the beta version, only featured artist will be able to easily tokenise their digital work by uploading it to the SugarFactoryBsc platform. To submit digital art for consideration, please fill out “form“.
Is SugarFactoryBsc the owner of the NFTs?
Minting art is the process of tokenising your work and producing an NFT. SugarFactoryBsc insists that an open and decentralised art marketplace platform belongs to the art community alone, not the project founders.
We expect to launch the SugarFactoryBsc Marketplace on the Mainnet (Binance Smart Chain Network) Network during November 2021.
Is there transaction fees?
Every purchase transaction will incur a 13% transaction fee payable by the Buyer. The proceeds from the transaction fees will be used to purchase $SGFuel from Pancakeswap liquidity pool for buy/back and burn, funds the project and cover the dev expenses.
What are the risks?
OUR SERVICES RELY ON EMERGING TECHNOLOGIES, SUCH AS BINANCE. SOME SERVICES ARE SUBJECT TO INCREASED RISK THROUGH YOUR POTENTIAL MISUSE OF THINGS SUCH AS PUBLIC/PRIVATE KEY CRYPTOGRAPHY. BY USING THE SERVICES YOU EXPLICITLY ACKNOWLEDGE AND ACCEPT THESE HEIGHTENED RISKS.