Over on Fantom chain there are a few exciting activities going on. One of them is holding specific Fantom NFTs will yield in Oath tokens being air dropped to holders. Why is this exciting? Well when have you heard of buying and holding a NFT that will air drop you tokens?
Byte Mason and its Oath
Those not familiar Fantom is decentralized and developers who work on the chain is independent on their ideas and way of approaching solutions to everyday cryptocurrency problems. Byte Mason core group of around 16 developers who are collaborating together to develop financial solutions for users in the crypto space. Solutions in sound investment while maximizing yields. One of their pieces of work is the current air drop of the platform's native token OATH. Holders of specific Phantom NFTs will receive a specific amount of OATH after a certain amount of lock up period. Hence holders of the NFTs have to hold the NFTs for an extend period of time to earn the OATH tokens.
Paintswap
Marketplace for Fantom NFTs is none other than Paintswap.finance
Curious as to how much and which Fantom NFTs would qualify to earning OATH tokens here is a link spreadsheet for reference.
Projects across multiple Fantom protocols are involved from Beethoven, Spookyswap, Scream, and many more. All the NFTs official to these specific protocols can earn some OATH tokens by staking the NFTs on Byte Masons.
The site is now up and running and people are investing their NFTs to earn OATH tokens. It will be very interesting to see how this all plays out as this is the first I have seen where one staking their NFTs earning tokens. This goes beyond play 2 earn staking as this is simply a whole chain with popular NFTs staking to earn.
For more info read
Medium Article from Byte Mason:
https://0xbebis.medium.com/regarding-the-token-50a977fb2c99
None of what I write is financial advice. It is for entertainment purposes only. Thanks for reading!
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