Fantom Shrooms

Fantom Shrooms is an NFT project based on the Fantom blockchain platform. It consists of a collection of 1250 digital artworks based on human-like mushrooms. The team uses 60 different layers to create a total of 2500 artworks, of which only half will ever be minted. This means that Fantom shrooms are among the most unique NFTs available on the market.

Fantom Shrooms is one of a growing number of projects on Fantom. Fantom is a new and highly scalable blockchain platform. Fantom, unlike older blockchains like Ethereum, is designed to be a high-performance platform for complex dApps, which often slow down on first-generation platforms.

Fantom uses a high-speed consensus mechanism, known as Lachesis, to tackle the problem of low speeds on blockchain networks. Unlike other scalability solutions, Fantom doesn’t forego security and decentralization in order to increase scalability. Instead, the new platform provides a more efficient for blockchain-based projects, which now do not have to worry about low speeds and transactions costs on traditional blockchain networks.

Some of the NFTs that form the FTMShrooms collection:

Fantom Shrooms is currently in Phase 1 of their timeline, having minted 500 of their artworks for sale. They’ll mint 125 more on the basis of new holders, and 125 more for activities such as giveaways and scavenger hunts, which is necessary in order to ensure the project gains greater recognition and reputation. Further phases involve minting of the remaining artworks, establishment of rarity tiers and development of a 3D metaverse game, where owners of the FTMShrooms would be able to utilize them in a game world. Besides this, 5% of the proceeds from the sales in Phase 1 go to a reforestation charity, increasing to 25% in future phases. And they also have a lore that creates a background for their artwork. You can read more about it here.

Fantom Shrooms have their own mint, which can be found here. Although the mint closed on January 16th, 2022, at the end of Phase 1, it will reopen as part of future phases. Also, in what is really a great incentive to encourage secondary sales of the NFTs, 50% of the royalties from these sales go back to the holder, higher than many other NFTs. This is in part possible thanks to the greater efficiency and speeds of the Fantom network. Secondary sales are important in order to build the project’s reputation so that a greater number of buyers are involved when they reopen the mint.

Fantom Shrooms are one of the most innovative NFT projects out there, and it is based on innovative new blockchain technology. The rising number of Fantom associated projects are gaining the newer, faster platform increasing reputation, especially since non-finance uses of blockchain technology are getting ever more popular. The efforts undertaken by the team behind Fantom Shrooms to ensure a strong secondary sale market, and their future plans, including the gamification of their NFTs, shows their dedication to ensuring that investors in their NFTs get their money’s worth.

Find out more about the project on their website, and follow their Twitter page for exciting new announcements and updates on future plans, here. Fantom Shrooms is also partnering with Bobbleheads to give away whitelist spots to their community, so here’s your chance to become of this incredible project. Check out their collaboration here, and check out the Bobbleheads Discord server and Twitter. Also, find out more about Fantom, the exciting new platform designed for dApps, and digital assets, here.

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