NFPrompt (Nonfungible Prompt) is an AI-driven platform that aims to enable users to create and mint AI-generated NFTs on the blockchain. It is the first Web3 platform designed for this purpose.^[1]

Overview

Nonfungible Prompt (NFP), founded in 2023 by Asher Asher and Sparks L, is an AI-driven platform that aims to enable users to create, mint, and own AI-generated digital art on the blockchain. The platform utilizes AI tools like Midjourney_V5, Stable Diffusion, and DallE to assist artists, while users can purchase art, participate in events, and vote on creations. NFP functions with two tokens: $NFP for project management and staking, and $cNFP for creative activities and platform engagement, which users can earn by completing tasks.^{[1][2][3][4][5]}

Seedless

NFPrompt provides a simplified login process for users without a blockchain wallet, aiming to make it easier for those unfamiliar with cryptocurrency and Web3 concepts to transition into decentralized applications on the BNB Chain.^[6]

Gasless

NFPrompt aims to facilitate user engagement by offering a daily 100% discount on gas fees for common transactions during specific campaign periods. To reload an empty wallet, users are advised to sign up for an exchange (e.g., Binance, OKX), acquire BNB, and withdraw it to a BNB address on the BSC chain (BEP20).^[7]

Products

NFPs

The NFPs section of NFPrompt aims to provide tools for creating and managing AI-generated NFTs. Users can utilize the "Curate Now" tab with models like Midjourney v5 and Stable Diffusion to generate various types of content, including images, videos, PFPs, and music. The NFT Information UI allows owners to view details, delist, re-curate, or adjust prices of their NFTs.

When an NFT is purchased, the prompt used for its creation is revealed to the new owner. Transactions are processed through the 'Buy Now' button, and users can manage their minted NFTs, including price adjustments and royalty earnings, in the 'My Profile' section.^{[1][8][9][10]}

Imagine2Earn

NFPrompt aims to enable users to create diverse digital content using AI tools, including images, videos, animations, and music. The system facilitates royalties for prompt creators when their prompts are reused, producing unique but related outputs. The platform also seeks to engage users in Web3 projects and content creation campaigns, offering incentives for participation. Fee sharing and royalties apply to widely-used prompts. Web2 logins are not eligible for airdrops or campaign rewards.^[15]

Tokenomics

NFPrompt Token ($NFP)

The "$NFP" token of NFPrompt has an initial supply of 1,000,000,000 tokens. The distribution aims to be equitable, emphasizing allocation to community creators over large investors. The vesting schedule includes a one-year cliff followed by five years of gradual release for the team. Community governance mechanisms are intended to ensure active participation and support long-term sustainability.^[11]

Utility

The $NFP token has several key utilities:

• Governance and Voting: Enables proposals and votes on platform changes.
• Exclusive Auctions: Required for participating in special artist auctions.
• Staking: Provides a share of trading fees, with rewards based on the amount staked and lock-up duration.^[12][13]

Allocation

The $NFP token allocation is as follows:

• Long-term Treasury Fund: 27%
• Short-term Growth Fund: 27%
• Team: 15%
• Investors: 10%
• Initial Airdrop: 10%
• Binance Launchpool: 11%^[11]

$cNFP

The $cNFP token, representing $NFP, is used for earning and spending within NFPrompt. Users earn $cNFP through daily logins, referring friends, minting NFTs, and social media interactions. It is spent on creating and minting NFTs, with accumulated credits affecting participation in the governance token airdrop.^[14]