The r/HNY Non-Fungible Token (NFT) Content Competition
The r/ r/HNY Non-Fungible Token (NFT) Content Competition
The proposal has passed allowing the 1Hive community to fund and host a non-fungible token (NFT) content competition. Here are some things you are probably wondering right now:
What is an NFT?
An NFT is a specific type of token meant to represent authenticity. After a particular number of NFTs are āmintedā (created), only those tokens and the content they correspond to are connected. NFTs give digital ownership over content back to the user. For example, imagine a collectible playing card had a serial number. An NFT sort of acts like a ādigital serial numberā for a digital collectible. Check out Rarible and the popular game Gods Unchained for examples of types of content that can be minted into an NFT.
What types of content can be submitted to this competition?
We are welcoming digital or physical artwork of all types, as long as the content is submitted as a minted NFT. We welcome all original artwork, animations, gifs, memes; the content can be funny, sad, scary, impressive, goofy, whatever you want. The theme of the competition will be Honey (HNY) token and content that is both relevant to its ecosystem and reflects an understanding of HNY and 1Hive will be considered favorably. However, all cryptocurrency-related content is welcome for submission. There will likely be a limit to one submission per account, please keep this in mind.
Will I be able to choose how many NFTs I want to mint?
Yes. Itās your content, thatās the whole point!
Will I be able to choose what price I want to list my NFTs for?
Yes. We will not restrict users from posting their NFTs for a price to be sold. Advertisements or solicitations of donations will not be allowed on the subreddit throughout the competition in line with subreddit rule #6.
When will we be able to submit our content?
An official post will be made in the coming weeks with more information about which website to use to Mint your NFT, the competition submission deadline, prize details (in HNY), and more. For now, if you are interested in participating, we suggest you just start working on your content submission and checking out other NFT websites to learn more.
Please also subscribe to r/HNY and see the corresponding post there!