1. Should we introduce additional currencies?

This proposal’s expectation is to produce an implementation. We are proposing adding 2 new currencies to the Enter ecosystem: BNB and a Stablecoin, to be voted upon in the next proposal.

The rationale for this proposal is threefold: First we want to make Enter marketplaces accessible to more collectors. Second we want to make Enter a go to launch site for even more artists and brands, not depending on them to have a relationship to the NFTart token take part. Third we believe this proposal will increase buy-pressure buy adding a significant fee that buys back NFTart, and decreases price volatility by pairing it with BNB and adding it to a liquidity pool.



In our proposal we are suggesting taxing BNB and Stablecoin transactions with a 14% fee, where 10% goes to buying back NFTart tokens, pairing it with BNB and adding it to the liquidity pool. This will ensure that every sale on an enter platform leads to a net purchase, buy pressure and increased liquidity. Compare this with a sale for NFTART tokens, where whenever an artist cashes out on a sale, it leads to sell pressure on the token, almost equal to the buy pressure applied by new buyers.

This means that while NFTART sales will lead to a slightly higher burn + redistribution, BNB and Stablecoin sales will still burn and redistribute tokens, attract higher value sales, add a net buy pressure on every sale AND decrease volatility by adding permanent liquidity for NFTART.

NFTART sales will stay competitive as they will always be exempt of any transaction fee. We will keep adding use-cases in the future to grow the utility of NFTART tokens on all enter platforms, such as staking, governance, loot-boxes and much more.

If passed the timeline for this feature is SHORT TERM (as in about a month).