Prime Numbers which was initially launched on the XDC network has expanded to the Ethereum network and also Binance Smart Chain. This is to actualize its aim of creating a bridge between ETH and BSC. The team is currently working on building the bridge between XDC-ETH-BSC.
Prime Numbers is a DAO that sells NFTs to generate scholarships for students and rewards the community through NFTs. It is the first DAO, the first NFT project and the first game to be launched on the XDC network.
The mission of Prime numbers is to support the growth of education. Education is considered to be one of the most important assets anyone should have. However, the emergence of COVID-19 made it even more difficult for students to assess the needed funds to sponsor their education. For this reason, Prime Numbers was founded. It aims to help students who will be developing tomorrow’s world by providing the needed funds for them to acquire the best education.
Much more than this, Prime Numbers has a revolutionary staking system in which you stake inside your NFTs to earn rewards. You will also need to stake your $PRNT tokens to earn various rewards with Prime Numbers, such as a portion of the NFT royalties, the NFT reward mechanism, and in-game rewards. This does not happen ordinarily, however, when you stake at Prime Numbers, as it is an NFT project, you stake inside the NFTs. This means staked tokens will add intrinsic value to the NFT and can be traded along with the NFT on any NFT marketplace as a packaged deal. The tokens can be recovered from the NFT at any point by “breaking open” the NFT, which is then destroyed in the process.
Prime Numbers NFTs are generative, which means that each NFT is produced with specific inputs. In addition, PRNT is the core token of the Prime Numbers ecosystem and it can be used in gaming, staking, DAO governance, and many more. To promote a fair and transparent ecosystem, 30% of the initial NFT proceeds will go to the student fund, 30% to a development fund, 35% to reward PRNT holders, and the remaining 5% to the team. Furthermore, under the NFT Royalty Standard, PRNT holders will receive 2.5% of all resales, with an additional 2.5% going to Prime Numbers’ DAO, which will automatically send 1% to the student fund. PRNT holders can increase their reward by leveling up their NFTs. Everyone who participated in the presale, private sale, and seed round will get a special NFT that offers even better rewards. These special NFTs will never be minted again, so the presale is the last opportunity to get your hands on one.
To know more about the staking mechanics, read this article https://medium.com/@PrimeNumbersFi/nft-staking-mechanics-fe9fc387143c
CEO: Arturo Cantera
City: Madrid, Spain
Company name: PrimeNumbers DAO
Official email: [email protected]
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