You see them every single day. Movie posters, books, online, on the subway, in album art.
They've become so prevalent that they are one with everything. A mesh of characters and glyphs that dance on paper and exist in harmony with their surroundings.
1/8
Fonts can define brands, communicate ideas, and influence cultural change in organisations. Fonts are everywhere.
But only recently have they come into the NFT space.
2/8
@FontCommunity is a $5.8m mc NFT project that aims to bring buyers and creators of fonts together. It's a pretty novel use case for NFTs, as you can fully own fonts, earn royalties, or license them out.
3/8
$FONT will even offer users the option to borrow against their fonts too. It's DeFi enabled and beats every traditional marketplace out there. Just look at the comparisons.
4/8
Their marketplace comes out tomorrow, and if all goes well, you can definitely expect a price surge in the token.
Tokenomics are great too. 2 million total supply with half of it available for 'font mining' rewarding creators for interacting with the ecosystem.
5/8
The font industry is really big, in the hundreds of millions. In 2019, Monotype was acquired for $825m. There are a lot of font marketplaces out there too.
The team have managed to get the creator of the fonts for Land Rover, Phillips, PWC, McLaren, and more on board. $FONT is also endorsed by the OpenSea cofounder, Alex Atallah.
At one month old, things are moving quickly for the ecosystem and the community.
7/8
It's time for the traditional font space to change. Font.community is definitely up for it.
8/8
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@BonkToken was one of the first NFT projects to grace the crypto space in 2020.
After adding more functionality throughout the year, such as a 1-click NFT minter, and partnering with YFL, Bonk started to lose its momentum price-wise.
1/4
This is bc the 1% transfer fee sent to stakers encouraged holding Bonk, but discouraged trading & providing liquidity.
Bonk is now migrating to v2 to leave behind this fee. It will help v2 have more functionality with new dapps and other use cases.