Custom NFT Marketplace Creatives Launches Reward System
Creaticles also continues multi-chain expansion with the integration of Polygon Layer 2, expanding partnership opportunities to a global pipeline of projects.
Creaticles, the world’s first NFT Requests Marketplace that matches NFT buyers to its roster of verified global artists, has today announced the launch of its brand new reputation system, Spark.
Through a gamification model, Spark is designed to reward artists’ contributions and talents with an off-chain points system.
By entering contests, submitting art, and winning contests, artists can increase their earning power within the Creaticle ecosystem.
Creaticles also incorporates Virtual Staking (or In-Wallet Staking) on the off-chain point mechanism, allowing users to virtually stake CRE8 holdings every week to access the benefits of the Spark reputation system.
By doing so, users will be eligible to receive rewards in CRE8 tokens and merchandise through Creaticles’ raffles.
One of the main advantages of this system is that users do not lose CRE8 in the process and do not need to move their CRE8 holdings to another smart contract (CRE8 holdings remain in their own wallet).
Creaticles has also continued its multi-chain expansion with the integration of the Polygon Layer 2 scaling solution for the Ethereum Blockchain, enabling faster transaction speeds and eliminating transaction costs.
This opens the door for Creaticles to partner with a wide variety of projects on the Polygon ecosystem to launch NFT competitions using the Creaticles platform.
The Creaticles development team has also spearheaded an overhaul of the platform’s user interface, offering a more contemporary and streamlined user experience.
After the upgrade, user NFTs will be drawn directly from the blockchain, without local storage. Notifications have been added to notify users of relevant developments, for example if they have won a competition.
The Spark reputation system will appear in the artist’s user profile, sorting relevant contest submissions by earliest submission date. In addition, NFT requesters and artists can now message each other directly, facilitating a more streamlined NFT design process.
Jonathan Chen, Creaticle’s Chief Operating Officer said: “We were serious when we said we wanted to make NFTs the centerpiece of the creative economy. Today’s set of announcements moves our platform into the next gear, with an improved user interface and a suite of services tailored to the needs of NFT artists worldwide.
Continuing our multi-chain expansion mission is so exciting, as we expand Creaticle’s value proposition far and wide. With our Spark Reputation system, the global artist community can monetize their talents within the fast-growing NFT space, growing their own brand in the process.”
To date, Creaticles has conducted custom NFT competitions for top crypto brands such as Fantom Foundation, FirstBlood, Axie Infinity, Harmony, MakerDAO, Polygon, Mask Network and Pangolin. The partnership with Fantom represented the first step in Creaticle’s multi-chain expansion plans.
Creaticles has experienced rapid growth since its testnet launch in August 2021 and was selected as one of eight most promising projects in CoinList’s Fall 2021 Seed batch, out of a field of over 500 crypto projects.
Following its mainnet launch in November 2021, the company raised $3.8 million in IDO on SushiSwap (MISO) – an investment that will be used for team expansion and marketing activities.
CRE8, Creaticle’s original utility token, has several tools across payment for art and premium placement, voting for governance, rewards for collected commission, as well as stake.
CRE8 is currently listed on Sushiswap, Gate.io and MEXC, with multiple listings earmarked for Q4 2022.
For the latest information on Creaticle’s roadmap and to join the official Discord and Telegram channels, use the following link.
About Creatives
Creaticles is the blockchain industry’s first custom NFT request platform that connects businesses and individuals with creators. Any enthusiast with an idea can request custom NFTs, and the artists who bring those ideas to life get to build their reputation and earn rewards via cryptocurrencies.
Users can participate in various contest modes to ensure that their requests for NFTs – such as memes, logos, games, and online resources – are minted upon request. For more information about Creaticles, please visit the website.
Disclaimer
All information on our website is published in good faith and for general information purposes only. Any action the reader takes on the information contained on our website is strictly at their own risk.
