YearnNFT NFT Marketplace With Buy, Sell, and Minting Model

The NFT marketplace has exploded entering the mid half of 2020, where the value of one NFT artwork was sold worth $69 million. Apparently, in October, the total number of sales for NFT artwork exceeded 4.9 million whereas, the total sale cost amounted in more than $128 million.

The figure seems quite interesting when you consider to mint out good money from art pieces with NFT. To be more precise non-fungible tokens are unique in nature which portrays a specific asset/goods, especially digital art and collectibles.

Now, the NFTs have transformed the common perspectives within the applications of blockchain. The new emerging marketplace makes it possible to sell NFTs in auctions, introducing fresh avenues for creators to win and earn revenue.

Subsequently, the influence and interest in NFT minting is rising with the continuous flood in interest of collectors using the trending NFT art and collectibles. YearnNFT platform has recently announced the user benefits of passive income using the YFNFT marketplace.

The user can earn passive income with YearnNFT via stake NFTs, rent out NFTs, NFT royalties and asset liquidity. The user can eventually start reserving YFNFT at any time and earn passive income at YearnNFT with two available slots-

1. Every time the NFT is sold, the Creator will receive 2% of the total sold value.

2. Every time the NFT is sold, the Owner will receive 5% of the total sold value.

Not only passive income, the project also allows the user to easily create NFTs using the freestyle of the marketplace. Let’s get into the details:

How to Create NFT at YearnNFT Marketplace?

The procedure of creating the NFT on ‘NFT.YearnNFT.Finance’ is as easy as riding the wheels:

- Connect the Metamask wallet [BSC supported] with the official marketplace browser.

- Open the “Metamask Wallet” by user defined recognition method.

- Access the “Browser option” appearing in the right panel and search for “nft.yearnnft.finance”.

- The user will be redirected to the official webpage then connect your Metamask wallet by feeding the credentials

• User ID,
• Display Name,
• Email ID [only Gmail and Yahoo ids are acceptable].

- Once entering the credentials, the user needs to sign up the account.

- After successful sign-up, access the left panel with 4 options

1. Discover
2. Creators
3. Collectors
4. Create NFT

- Go to “Create NFT” and upload the file in terms of PNG, JPG, JFIF, and JPEG.

- Choose category of the NFT, add some required details to the item including

• Item name
• Item description
• Item price
• Create item [NFT]

- After entering the details, the page will be redirected to the created NFT page where user can start minting their NFTs.

- Click on “Mint NFT’ and check for the estimated gas fee and total amount in BNB.

- Confirm the transaction and wait till the process is under ‘waiting for confirmation’ status.

- The pop displays the message for “NFT minting in process” [please wait while your token is being minted and it will show up in your collections].

- Go to “My Collections” and the user can also sell the uploaded NFT within the YearnNFT marketplace.

- Have patience and wait for 2 - 3 mins after the NFT appears in marketplace.

- Access the “Discover” option to check for the NFTs available for sale with the Buy now display, price and details the user entered while creating.

The YFNFT tokens are all available with quite reasonable and affordable rewards worth to fill your pockets. Here is the YFNFT presale details for the user looking to mint their NFTs at YearnNFT marketplace.

YFNFT Presale is Live

YearnNFT YFNFT presale is ongoing that allows the early investors to join the NFT project. YFNFT asset is the governance token of YearnNFT marketplace. Notably, YearnNFT has allocated about 20% of YFNFT tokens for presale worth 14666.4 tokens in total.

The price has been set at 1 YFNFT = 0.125 BNB for 1^st round, 1 YFNFT = 0.16 BNB for 2^nd round and 1 YFNFT = 0.22 BNB for IDO launch.

Round 1 – The team uses customer data to build great and solid product offering + 10% Bonus and 1 NFT free on 1 BNB purchase.

Round 2 - The team uses customer data to build great and solid product offering +5% Bonus and 1 NFT free on 1 BNB purchase.

YearnNFT Roadmap Version 1.2 is Live

The ultimate goal of YearnNFT Finance is to create an NFT marketplace using the best user experience for anyone, anywhere. The team has presented a platform that allows any user affordably create, display their talent and sell their artwork.

These are the steps that YFNFT team involved to build and release the YearnNFT Marketplace:

1. Understanding the business model to know the user essentials and requirements
2. User Interface for seamless experience of trading
3. Smart contract protocol using standard custom development processes
4. Front-end development with fluent workflow, enhanced performance, and transparent nature
5. Testing to discover all the bugs or issues in the product/project
6. Product/project launching with user-friendly marketplaces.

YFNFT Marketplace Roadmap has all the following mentioned features:

• Hassle-free trading experience of NFTs
• Community-run guidelines
• A bridge between the Defi community and NFTs
• A plethora of collectibles could be traded
• In-built wallet support

The new version of YFNFT platform is quite fast, reliable, transparent and affordable NFT marketplace that is built on Binance Smart Chain. The users can create, reserve, mint, list, buy and sell their art pieces of NFTs at a fraction of the cost of major platforms.

Completed Milestones:

October 2021

• Website Release
• Whitepaper Launch
• Airdrop Begins

November 2021

• Smart Contract release
• YFNFT Token Contract Audit with Interfi Network
• NFT Marketplace Setup
• YFNFT Presale Start

December 2021

• Achieve 5000+ holders
• Airdrop distribution
• Airdrop Ends

Currently planned releases:

January 2022

• NFT Marketplace (Beta version)
• Achieve 10000+ YFNFT Holders
• CMC Listing
• Launch YOFO token
• Start YOFO token Airdrop

Future planned launches:

February 2022

• YFNFT Burning- 50% tokens
• Marketplace - Music NFT’s launch
• Achieve 12000+ YFNFT Holders

March 2022

• YearnNFT Dex Launch
• YFNFT Token Contract Audit with Certik
• YOFO Token Contract Audit
• YOFO token airdrop Ends

April 2022

• YFNFT Token Presale ends
• Listing YFNFT on PancakeSwap
• YFNFT token Staking program
• YOFO Token ICO on launchpad

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Author Bio

Writer by choice and Researcher by chance. Staying abreast on latest trends and trivia is my forte. In my spare time I love to play basketball and listen to informational talks.