Purchasing NFTs, Secondary Marketplaces and Verifying Ownership

For starters, it is important to understand how NFTs are purchased, as well as how ownership is verified. When an investor mints an NFT, they will connect their cryptocurrency wallet to the NFT creators website, choose how many NFTs they’d like to mint, and click ‘mint.’ Once the transaction is initiated, the buyer ‘s wallet will exchange the specified amount of tokens (the list price) for the NFT, which will move from the NFT creator’s wallet to the buyer’s wallet. The NFT they mint, along with other NFTs they own, will be displayed in a portfolio on secondary marketplaces that serve the blockchain in which the NFT lives on. In the case of Fantom Force, NFTs will be minted through a Fantom contract. Fantom Force will be listing its collection on two NFT marketplaces: PaintSwap and NFTKEY.

If an NFT holder connects their cryptocurrency wallet to PaintSwap or NFTKEY, they will gain access to their profile where they will unlock features like customizing a username and adding a profile photo on the platforms. Furthermore, under their profile, by default, the platform will display the NFTs they hold in their wallet. Once the NFT holder has connected their cryptocurrency wallet to the marketplace, the marketplace can verify the users’ ownership. This would not be possible if users signed up for a profile using an email/phone number and password.

Royalties

Beyond secondary marketplaces serving as a display for a holder’s collection, it is a place to buy, sell and swap NFTs amongst other collectors. When collectors buy or sell NFTs in the secondary marketplace, collection owners collect a commission of the sales price each time it is transacted.

The Holders DAO Functionality

The holders DAO membership will require wallet verification of Fantom Force NFT ownership or proof of past or current U.S Military involvement. Those who qualify can join the DAO via a proof of ownership verification in our Discord Community or based on your wallet address.

The DAO will have full democratic governance over 100% of the royalties generated from the sale of Fantom Force NFTs on the secondary marketplaces, PaintSwap and NFTKEY. The DAO members will vote on future developments to the project roadmap, along with fund distributions to charities on the first calendar day of each month. This cycle will create a flywheel of value for our community. A stronger community will lead to higher demand for Fantom Force NFTs which in turn lead to a higher pool of royalties to support veteran causes with. NFTs symbolize identity and status in the rapidly growing digital universe. Many people identify with charitable causes but don’t often have vehicles to provide charity readily available to them. Now, just from your computer screen, you can join the ranks of a community whose mission is to have important conversations and financially support life-saving causes. Buying a Fantom Force NFT grants you more than an incredible piece of art, but also membership into a like-minded and focused community. Members of the military community verified by our DAO will automatically have one monthly vote. Fantom Force NFT holders will have 1 vote per NFT they own. For example, if a holder owns three Fantom Force NFTs, they will be entitled to three votes. Votes will be cast through a decentralized system that will require holders to sign an action inside of their cryptocurrency wallet, verifying that they do in fact own one or more Fantom Force NFTs. This community will be created by a small project team, but the community’s endeavors and growth will be solely determined by those who invest in this mission.

Pre-Launch Activities: Community Growth, Social Growth, Veteran Partnerships, Giveaways, Marketing Campaigns, Celebrity Endorsements.

Phase 2

Minting begins on both Ethereum and Fantom. Listing on Opensea for the Ethereum collection, plus listings on PaintSwap & NFTKEY for the Fantom collection. Rarity rankings will be unveiled for both collections.

Phase 3

DAO Formation: Verified collection owners will be invited to join the Fantom Force DAO, a holders collective that will vote on how 100% of secondary market sale royalties will be distributed to partner veteran organizations. Beyond a 100% of secondary market sales going toward further donations to veteran non-profit organizations, mint revenue will be used to fulfill each phase of the roadmap, plus any future utility generation.

Phase 4

Once 75% of the collection has minted, development will begin on TroopTreasures, our Play-To-Earn game where holders compete to earn $TROOP. In TroopTreasures, Fantom Force NFT holders can utilize their NFTs for in-game competition. Players will go on missions and scavenger hunts synonymously with other players. Whichever player makes it further in the mission, hence collecting the most treasure, will be rewarded in $TROOP.

Phase 5

Bridging Fantom Force NFTs cross-chain ($FTM Collection → $ETH Collection // $ETH Collection → $FTM Collection) will go live.

Phase 6

Weaponry Upgrade: Fantom Force Collection holders will unlock access to claim from the Fantom Arsenal, a collection of elaborate weaponry NFTs that will include future utility.

Phase 7

TroopTreasures beta game launch. Once the UX/UI of TroopTreasures is complete, our team will launch a beta version that will be embedded onto our website for the community to test & provide feedback.

Phase 8

Holders DAO members will be the first group eligible to claim $TROOP, a utility token that will be earned through in-game play. Following the claim period for DAO members, our team will have an IDO prior to a public DEX listing.

Phase 9

TroopTreausres will officially launch its final game with P2E functionality where players can compete using their NFTs to earn $TROOP.

NFTs have barriers to entry for many prospective investors due to the high gas Fees on the Ethereum Blockchain. In project launches, investors oftentimes find themselves in 'gas wars,' or competitions with other investors to mint an NFT, where gas prices could climb to over $1,000, on top of the minting price.

We've decided to launch half of the Fantom Force Collection (5,000 NFTs) on the Fantom Blockchain, and here is why:

1. Transaction Speeds: $FTM can handle thousands of transactions per second almost instantaneously. No waiting around to send your $FTM across wallets or transact for digital assets.
2. Gas Fees: $FTM transaction fees are insignificant compared to Ethereum gas fees. For reference, the gas fee on our last transaction in our developer wallet was 0.00759614 $FTM, equivalent to $0.022 at the time of writing this.
3. Secondary Marketplace Accessibility: While the main hub for Ethereum and Polygon NFTs is Opensea, a number of platforms accept FTM NFT listings, including PaintSwap, NFTKEY and Artion. Many of these marketplaces are in their infancy. Listing on Fantom Marketplaces early in their inception will allow our collection to stand out on each respective platform as their customer bases increase overtime.
4. Community: Full of Passionate, supportive advocates and innovative dApps, the $FTM project community & its investors is growing stronger day by day.
5. Opportunity: NFTs on $FTM are still in a stage of infancy. As the $FTM ecosystem continues to grow, volume will increase, leading to strong appreciation in the value of collections launched in the early stages.
6. Utility: Following mint, our team will begin developing TroopTreasures, a Play-To-Earn blockchain game where NFT holders can compete with their Fantom Force NFTs & earn $TROOP. To mitigate gas fees in our P2E model, Fantom will be the blockchain that will host TroopTreasures.

1) Create a virtual community through Twitter, Instagram and Discord where members of the military community may choose to participate, represent themselves, receive honorable recognition, or honor their friends and loved ones.

2) Offer an online platform where members of the military community can learn more about NFTs, cryptocurrency and blockchain technology.

3) Contribute proceeds to veteran-owned and veteran-supporting non-profits. These donations will be voted on by a Decentralized Autonomous Organization (DAO), or a community of verified NFT holders. Payments to charities will be verified either through the blockchain or through wire receipts, depending on how each organization would like to receive payments. Specific details on the governance of the DAO will be outlined in a later article

At the core of our project, we’ve created 10,000 unique (1 of 1) pixelated soldier NFTs with a variety of different properties and sub-traits, thus creating a rarity factor that will create value for the collection. Beyond acquiring a cool piece of art, ownership will grant holders access to an exclusive community that delivers value to the veteran community and its members. Collectors can mint our NFTs through our website with the Fantom cryptocurrency ($FTM) or the Ethereum cryptocurrency ($ETH). Half of our collection will be launched on Fantom (5,000 NFTs) while the other half with be launched on Ethereum (5,000 NFTs).