IKONIC: A New Type of Non-Financial Transactions Marketplace

Hi friends, this time I will provide information about a very interesting project for you to know about a new cryptocurrency called IKONIC. Before going to the discussion, I think we all agree that blockchain technology still needs efforts to continue to grow and continue to develop in the future. So for that, let's see a brief review of the IKONIC project below.

IKONIC will allow fans to own and share the finest moments in esports history and will give fast-growing multimillion-dollar esports events and businesses a new way to connect with their audience.

Video clips of the most insane and spectacular gaming feats will be easily mintable into NFTs with just a couple of clicks. And with a click or two more, they will be listed and ready to trade on IKONIC’s marketplace. Creators can design these NFTs to pay lifetime royalties or even generate entirely new streams of revenue through the sale of sublicensing rights.

And all this is but the very beginning! IKONIC won’t just be another NFT marketplace. It is going to be a community—a movement. The IKONIC community’s passion for gaming is a powerful force, and we are going to help them wield it to do great things. Together, we will:

Create a platform for an entirely new business model—one that will foster and support a wide range of new, exciting, innovative gaming titles: gaming as a service.

Create a new launchpad that will bring the next generation of indie blockchain games to the metaverse and create wealth for everyday gamers.

Create an expanded market for all in-game assets of these projects, which completes the ecosystem that will sustain their creations and help them thrive.

Esports is massive
Today, esports is a $950 million market that is expected to grow by 9% annually until 2023. Even if you don't watch it, esports competitions with multi-million dollar prizes are becoming something of an importance. Some are now paying bigger prizes than the world's inaugural golf tournament, The Masters. But if we look at this emerging market, we see something is clearly missing. In the legacy sports business, there is a huge secondary market built by reliving great sporting moments of the past. This includes a large market for sports memorabilia and collectibles, with the latter worth $140 billion per year in annual revenue.

This traditional sector is undergoing its own blockchain modernization. NBA Top Shot has reported major revenue exceeding $230 million in the span of several months. They helped value this single company at over $2 billion. But so far, there hasn't been anything quite like this for the esports industry—not yet. Maybe all of this is still very new, and things are just moving and changing too fast. Maybe we have lost the right kind of legal infrastructure. Major sports brands use sub-licensing to leverage and re-monetize their IP without losing or undermining their claim to the underlying property.

We didn't have a blockchain copy of this kind of structure—until recently. The technology now exists. And IKONIC stands to be the first in line to put it to good use! There's no longer any reason to stop us from succeeding NBA Top Shot in the esports market. We will help the highest profile contests use the power of blockchain technology to multiply their revenue and reach new audiences.

THE 6 WAYS IKONIC WILL CREATE VALUE
Now that we understand the enormous growth potential of these to gaming trends, let’s turn to look at how IKONIC creates value from them. We plan to do so in six ways:

GAME CLIPS TO NFTS IN SECONDS: IKONIC will offer users a seamless video clip to NFT minting experience. The platform will also make it easy and fun to add simple edits and flourishes to video content, like the unique templates and filters we’ve come to enjoy on Instagram and TikTok. The platform will be fun and accessible for everyone. The vision is to develop a mass-market-friendly platform that every gamer—amateur and pro—can use to mint and share gaming moments with friends and fans. Easy-to-manage royalty and sublicensing rights will be available to users within the platform, allowing them to be in control of their content and easily manage and generate revenue.

IKONIC’S NFT MARKETPLACE: IKONIC will come with its own fully developed, built-in marketplace. The initial design will be focused on game-clip NFTs. This makes it easy for users to unlock monetary value directly out of their own recorded gameplay experiences. Once IKONIC progresses into advanced development, the existing marketplace infrastructure and its community become the foundation for a broader marketplace for gamelinked digital assets. This expanded marketplace, in turn, supportsIKONIC’s gaming as a service. launchpad concepts, which we describe below.

SHOWING OFF YOUR NFTS: Have you ever been inside the homes of serious collectors? Their trophy walls are truly impressive! IKONIC is finally going to bring this experience to the digital NFT realm. Owning NFTs on IKONIC—both the video clips and in-game assets— will feel like something tangible, interactive, and social, making them much more engaging and valuable to hold than other NFT alternatives.

IKONIC CLIP-TO-NFT PLATFORM
The keystone underpinning the first four ventures was a groundbreaking product: an app that lets you print video game clips onto NFT.

The keystone underpinning the first four ventures was a groundbreaking product: an app that lets you print video game clips onto NFT. You can watch a demo of its use here. This shows how the app already has seamless integration that allows players to print these NFTs right from their hardware console!

There is no competitor in the market for this concept, and iKONIC is poised to claim its first mover advantage. The app demo shows how useful it can be for the everyday gamer, but the technology behind it could really serve pro game streamers too. This core product, and the community around it, is sure to be of great interest to esports teams as well as event companies. But as we will see, blockchain technology will allow them to generate more income streams from their properties than they might dare to think.

Tokenomics
Token name: IKONIC
Total supply: 2,500,000,000
Hard cap: $6,000,000
Seed sale: $2,000,000
Strategic sale: $2,000,000
Public sale: $2,000,000
Initial market cap: $3,200,000
Initial circulating supply: 157,916,667
Total diluted market cap: $50,000,000
Estimated listing date: Q2 2022

Token Allocation
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TOKEN EMISSIONS SCHEDULE
Seed: 3% unlocked at listing, 97% vests daily over 18 months beginning day 181 after listing (approx. 5% per month)
Strategic: 5% unlocked at listing, 95% vests daily over 12 months beginning day 91 after listing (approx. 8% per month)
Public: 20% unlocked at listing, 80% vests daily over 3 months beginning day 1 after listing (approx. 27% per month)
Advisors: Vests daily over 30 months, beginning day 181 after listing (approx. 3% per month)
Team & Company: Vests daily over 36 months, beginning day 361 after listing (approx. 3% per month)
Ecosystem & Referrals: Vests daily over 35 months, beginning day 31 after listing (approx. 3% per month)
Development: Vests daily over 48 months, beginning day 361 after listing (approx. 2% per month)
Marketing & Operations: Vests daily over 45 months, beginning day 91 after listing (approx. 2% per month)
Liquidity & LIstings: 20% unlocked at listing, 80% vests daily over 16 months beginning day 1 after listing
Community Rewards: Emissions set by uptake of reward promotions on network
General Reserve: Vests daily over 48 months, beginning day 361 after listing (approx. 2% per month)
Ikonic Aidrop: Ikonic Aidrop
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This is what I can say in this article. If you need accurate and reliable information, you can visit their official link, which I have provided below:

Website: https://www.ikonic.gg/
Whitepaper:https://globaluploads.webflow.com/615f264a1577bed3445ca158/623dbd2495e2c49f8aef3444_LitePaperIkonic.pdf
Twitter: https://twitter.com/official_ikonic
Telegram: https://t.me/ikonic_moment
Discord: https://discord.gg/FPckz79SUy
Medium: https://medium.com/ikonic-hq
Youtube: https://www.youtube.com/channel/UCgq5Ws23RjNuUNc-Sth_gCQ

AUTHOR
Bitcointalk name: Whitley Keaton
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=3475199
Telegram username: @WhitleyKeaton
Wallet address: 0x976e606a138c18B03C504889b36B1fd3424DaBf8