Thread by @Rafi_0x

1/ $FINE @refinableapp (refinable.com)
-The premier NFT Marketplace on BSC
-Innovative NFT creation and discoverability features
-@binance and @MrBeast (60M youtube subscribers) as early investors👀
-Launching tomorrow (April 23rd) with an initial circ mcap of $900k

2/ Refinable is well positioned to establish itself as the reference NFT platform for BSC, and it will be much more that just an “OpenSea for BSC”, as it’s bringing innovation on all sides including Minting, Discovery, DeFi <> NFTs, and incentives around it’s $FINE token

3/Creators minting NFTs through Refinable will be able to set the usual parameters including scarcity and re-sale royalties, but also advanced features including custom preview options, bundling multiple NFTs into one + storing private files that can only be seen by the NFT owner

4/ Refinable’s design philosophy is to be content agnostic, so it will cater not only to the traditional image / video / audio NFTs but also to NFT game items, tokenised domain names, file bundles, and even tokenised real estate (partnership announced with @labsgroupio)

5/ Refinable will also act as an NFT launchpad acting as a tech partner for other NFT projects to create and host their content. Basically, Refinable aims to cover all possible aspects of NFT minting and distribution, being a “one-stop shop” for creators.

6/ The platform will also have a strong focus on discovery / “searchability” which imo is one of the main pain points in existing NFT market places.

For example, it will include sections for similar themed NFTS, public and private “collections”…

7/ … it will have featured content curated by the Refinable team but also by $FINE token holders through governance voting…

We can imagine artists with a passionate following getting the help of their fans to vote their art up and have it featured on the Refinable front page.

8/ And Refinable will also have a strong focus on social features, including easy sharing of content to external applications, following/bookmarking of favorite creators/NFTs, and verified profiles (the equivalent of the twitter blue checkmark) for the most prominent creators.

9/ On the trading side, Refinable will allow creators to decide which token they wish to get paid in, while allowing buyers to pay with any token and doing the necessary token swaps in the background (thanks to low fees on BSC, this is possible without any material added cost)

10/ On top of all these features, Refinable also intends at a later stage to integrate many DeFi oriented solutions for users to leverage their NFTs, such as NFT fractionalisation, NFT lending, and borrowing using NFTs as collateral.

11/ Refinable will likely be the first to integrate all these NFT related products into a single place, which should help position it as the undisputed NFT platform on BSC. The fact that @binance itself is an early investor in the project certainly seems to support this thesis...

12/ $FINE will be both a utility and governance token for the platform, with innovative incentives for $FINE holders such as:
-Boosted NFT listing exposure (this alone should create strong demand for the token)
-Increased re-sale royalty limits
-Discounted platform commissions

13/ $FINE holders will also get access to special item auctions, exclusives drops, etc. And on the governance side, $FINE holders will be able to submit and vote on proposals for the team, as well as voting on featured NFTs, as mentioned earlier.

14/ The max supply of $FINE is 500M, with the allocation split and unlock schedule as per the chart below. Initial market cap will be $899k, which as you can imagine, means this will fly at listing given the project’s ambitions and list of early backers.

15/ Speaking of listing, Refinable will be the first BSC exclusive IDO to launch on @polkastarter, which imo helps confirm just how high profile this launch will be.

IDO and PancakeSwap listing will take place tomorrow (April 23rd) at a time to be announced.

16/ Refinable also has an impressive team with strong blockchain and entrepreneurship experience, and counts @boxmining and @ekhqc409 as advisors.

In addition to Binance and Mr Beast, major funds such as @AU21Capital, @X21_Digital, @gbvofficial are also early investors.

17/ In short, Refinable should become an integral part of the BSC landscape, helping push BSC’s NFT ecosystem forward.

With the visibility brought by Mr Beast and a Binance listing pretty much inevitable given the early Binance backing, I expect $FINE to do very well…

18/ A few links:
-Whitepaper: refinable.com/wp-content/upl…
-Medium: refinable.medium.com
-Detailed Tokenomics: refinable.medium.com/the-fine-token…
-AMA with Co-Founder Nick Chan: blog.polkastarter.com/polkastarter-a…