Alnair Finance Partners with Astar Labs

Peter Chijioke — Sat, 04 Jun 2022 07:52:22 +0000

Alnair Finance is extremely delighted to announce partnership with Astar Labs, an Non-fungible token (NFT) collection with added utility.

INTRODUCTION

Astar Labs is an NFT collection with added utility.

The NFT will function as a revenue sharing and governance token for the projects proposed NFT Launchpad, innovative NFT lending and NFT insurance products.

They aim to offer a full suite of NFT launchpad services with the flexibility to assist any type of project or at any stage of development.

Astar Labs is aiming for a relatively low initial price to ensure wide distribution and to reach all levels of the Astar community.

Product Offering

Launchpad and Launchpad services

Astar Labs will be offering Launchpad services for new NFT projects.

The full spectrum of assistance can be offered. If you are an artist and need help on the development side, they can look after the launch and development for you.

Where a creator has an idea, means and ability to promote, they can provide assistance with the art. Basically, they will be an NFT launchpad with all types of assistance, development and promotion within one umbrella.

NFT Lending

Lending against well regarded Astar ecosystem NFTs is proposed with NFTs posted as collateral and funds borrowed against the holders NFT in $ASTR.

NFT Staking

Astar Labs will offer NFT staking for projects whereby third party projects can offer NFT staking through their staking mechanism on the projects dApp.

This will allow NFT projects to distribute income and rewards to their communities without needing to build this infrastructure themselves.

NFT insurance

The longer term aim is to provide NFT insurance.

Tokenomics and Governance

The breakdown of the distribution of funds raised from the initial mint is as follows

50% to DAO Treasury
10% for development
5% for marketing & partnership
5% for incentives to new projects
30% for the team.

About Astar Labs

An Non-fungible token (NFT) collection with added utility and Each NFT is linked to their income producing NFT Launchpad and NFT lending platform.

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About Alnair Finance

Alnair Finance is a crypto world where users can yield unlimited passive income through their yield optimizer, trading, launchpad and first P2E in ASTAR Network.