The Colossus Has Awakened - VFTLAB IS HERE!

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JOIN US AT VFTLAB


We are tired of growing up in the shade .. We think we have more than enough to establish ourselves as the second best hive tribe!

Apart from our UI which is almost finished (we are optimizing the mobile version), today we welcome our new baby !!

VFTLAB is a platform built in hive for the NFT FARMING that in turn will serve as an intermediary for the distribution of music in NFTs format (community musicians of course!)

If you have any questions about how it works, or the numbers behind it, I recommend 100% this post in which we shared everything you need to know about VFTLAB. Also you may know that the daily VFT drop occurs at 23:59 UTC+0

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LAST VFTLAB UPDATED

Nothing big has changed since the last post, though im happy to announce we passed the first level of verification from Atomichub , Marketplace on wax which we are using to issue our NFT due to their facilities and volume for these collectibles.

We are preparing everything to the next level of verification using our real holding company called "Crypto academia libertad" to backing it.

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¿VIBES OR VFT? ¿WHAT SHOULD I HODL?

BOTH, that's the best answer we can give you. Basically, VFT only exists for being the value transmitter of VFTLAB. Stay tuned for this because we are preparing the post-announcement for musicians, you will be able to use VFTLAB as a "music store" for your art, so VFT will be the hearth of this.

The maths are simple, If someone wants to buy music NFT needs VFT, so either you can buy them from hive-engine helping the economy or farming directly in the VFTLAB by depositing your favorite tokens, when you deposit x token you will be charged with a fee and this fee will be used in part for the development of M4L and also to buy back and burn VIBES.

So yeah, its better to have both.


VFTLAB " FEATURES ROADMAP"

We have very cool ideas we are going to implement in the coming weeks, such as:

  • MUSIC NFT (MP4)
  • VIBES FAUCET

Basically you will be able to collect amounts of VIBES and we are gonna monetize that interaction with ads. Rebuy VIBES with that money to fill the reward pool and get a % to burn or development.

  • GOVERNANCE (Choose which HIVE TOKEN can join the VFTLAB)

Yeah! there are pretty strong communities like the one @brofund has created with their new TRIBE, i know they will push for CINE to be included in the VFTLAB.


Thats all for this post, this is not the end of the good news tho.

Stay tuned and always spread good vibes!

SOCIAL MEDIA 🎶


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Posted via MusicForLife.io



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18 comments
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Its nice to see some development on this end and that there isn't some massive delays. Its also good that you have a roadmap for VFTLAB and you have different collaborations planned.

Posted Using LeoFinance Beta

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Trying to get myself all connected now to the VFT Lab - it's looking lovely and simple by the way! Great work dev team! Looking forward to farming some VFTs and making some music mp4 NFTs, be fun to try this out :)

I've managed to get the farms working now for HIVE (don't have any liquid VIBES or LEO atm!), been speaking with Chocolatoso so happy to help with any bugs that need to be fixed but looking really smooth!


Posted via MusicForLife.io

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We are practicing for the upcoming microblogging feature for LEO Finance. Stop by! We would love to share insights.

Posted Using LeoFinance Beta

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I like the idea it seems that everything you are doing is incredible and I hope you always have more surprises for me as an investor I like to invest while this development and vision ...


Posted via MusicForLife.io

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Super, I´m in tube about all neys of this amazing proyect, thanks for all this effor that you are doing, and keep going on with this excelent job.


Posted via MusicForLife.io

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Nice! I've been looking for a way to try and get into the NFT game and this could be it.

Posted Using LeoFinance Beta

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It looks good, a lot like Cubfinance. I have 100 Vibes ready to test it to see how it works. One of the things I didn't like is the Market Fee at Wax. A bit high in my opinion.


Posted via MusicForLife.io

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well our fee is 6% on wax, the other 4 is set by atomic hub automatically :(. anyways we can always modify them

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Felicitaciones al equipo de trabajo, creo que están haciendo un trabajo extraordinario.
Muy novedoso sobre todo, creo que VIBES se va hacia la luna, y muchos no lo saben Xd


Posted via MusicForLife.io

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