# NFT STARS Vision
NFT STARS is a unique digital-art ecosystem centered around non-fungible token (NFT) technology. NFT STARS offers technological and promotional solutions that make the NFT art market accessible to artists and buyers.
# NFT STARS Introduction
NFT STARS is a unique digital-art marketplace centered around the emerging NFT market. NFT STARS offers a set of unique technological solutions that make the NFT market easy and accessible for artists and art collectors.
NFT STARS stands for the value of art and is always ready to support veritable creators. Our priority is quality, not quantity. We encourage artists from all over the world to showcase their unique, artistic creations to the world so that they can gain recognition in the NFT and digital-art markets.
This art-first approach will set NFT STARS apart from its competitors who do not distinguish between trivia and items with true artistic value.
**The problems investors face:**
* Too many mediocre art pieces to choose from
* Inability to buy fractions of art pieces
* Lack of clarity in NFT valuation
**The problems artists face:**
* Hard to stand out among the plethora of commonplace artwork
* Hard to set the right price for their creations
* Technical complexity of NFTs
* Identity loss: sharing without losing their identity
* High gas fees
# NFT Market Problems
### **Superfluity**
The rapidly growing market quickly attracted masses of people all trying to make a profit off the NFT craze at the start of 2021. They flooded the market with mediocre works, trying to pass them off as ‘artwork’ on various NFT marketplaces. Thus, it became increasingly hard for true artists to stand out and get their art noticed by the public.
Likewise, it became harder for investors to find valuable creations because of the need to sift through a market saturated by a mass of third-rate items.
### **Technological burden**
The technological complexity of NFTs is something that restricts many good artists when attempting to make their way into the NFT market.
### **Setting the price**
The novelty of the NFT market presents a big problem when trying to set the right price tag for each individual work of art. Artists become puzzled when trying to set a price for their creations in the NFT market because there is very little association between NFT prices and the assets they represent.
### **Restrictively high prices**
The high price tags of numerous veritable creations restrict many investors from investing their capital in NFTs.
NFT STARS aims to bring clarity to the NFT space by helping genuine artists stand out from the crowd. Our team hand-picks every artist that is featured on NFT STARS and presents their art collections to a crowd of interested buyers.
We provide artists with useful tools and solutions that will help them to create and sell their own NFTs. We also help with promotional activities and increasing public awareness through outside social platforms.
Our NFT Pricing Scanner enables artists to auto-compare their works with similar-looking ones to help them determine an appropriate price tag for their artwork.\
# Roadmap
## **Completed milestones**
* Chosen concept
* Multi-language platform
* Ability to sell any NFTs
* Structured design & visualisation
* Technical implementation of the 1st version
* Social Media Management (over 500 applications received from artists)
* NFT Mania Quest: the first quest ever with NFTs
* Integration with OpenSea
* Implementation of auctions and bidding
## **Future milestones**
* Fractional Trading and minting
* Integration of BSC and HECO
* Rewards in the native token
* Decentralizing NFTs: the community will choose which works to feature on NFT STARS via DAO voting
* Initial NFT Offering (issue of a farming NFT token with different rounds for investors and farms)
* AR mobile application
* NFT Pricing Scanner
* NFT Radio station
# NFT STARS Core Features
NFT STARS is not just a marketplace but a comprehensive ecosystem that includes a set of unique groundbreaking features, which we will elaborate upon in this section.
We are constantly developing new features to make NFT STARS more user-friendly. New features can be added without prior announcement or notification.
# Technical Features List
NFT STARS’ NFT marketplace accumulates a set of features and products that provide artists, digital art lovers, startup founders and investors with unique opportunities. The platform also enables NFT liquidity flow on multiple blockchains.
## **Careful selection**
Artists featured in the auctions first go through the executive board’s screening process, after which the active users of the platform participate in their own selection process. That way, the auction isn’t flooded with creators speculating on the growing interest — each creator is the true star.
## **Collaborative NFT creation**
The platform facilitates collaborative projects between its artists and enables joint NFT ownership. A group of artists can create an NFT as a team and the proceeds from its sale will be distributed among all the team members.
## **Augmented Reality gallery**
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To bring art closer to the audience, NFT STARS allows artists to create their own personalized 3D gallery that can be viewed on a smartphone screen. The galleries are powered by AR technology and enable users to ‘walk’ through our artists’ exhibitions, displaying their best works, from the comfort of their homes.
## **White Label solution**
A ‘white label’ is a type of partnership in which a brand creates a product that is later sold under another brand.
With the advent of NFTs, many trade brands began rolling out their own NFT marketplaces. But the development of a platform to sell NFTs requires large costs, effort and time. White labels are used to solve this problem.
The NFT market has expanded its capabilities for many industries and users. The NFT STARS platform provides a white label solution for various companies. NFT STARS has developed a back-end that various companies and brands may use for a fee.
The back-end refers to the databases and servers that buyers cannot see on the site or in the application, including the interaction with the server. It is the base that is needed to develop the brand’s marketplace. The front-end is developed separately and in accordance with the brand's needs.
### **White Label key features**
The NFT STARS platform offers brands everything they need to develop their own NFT platform. Thanks to our specialized back-end, the creation of an NFT marketplace becomes more accessible for the following reasons:
* The NFT STARS platform provides a ready-made set of tools, codes and functions, as well as a hardware package, saving time spent on development.
* The brand does not need to manufacture the product on its own, thereby significantly reducing its financial costs.
* A quick start in the NFT market and a high-quality product will attract a larger number of customers, increasing the brand's income.
* The brand does not need a large development team for a long period to work on developing the front-end.
Thanks to the professionalism of the NFT STARS team, the interface of each brand will be fine tuned to the needs and specific demands of the brand. The team takes into account all the client’s requirements and can help with the launch of a unique marketplace in the NFT market. This solution allows users to freely buy and sell branded NFTs and manage their assets on the platform.
## **NFT Pricing Scanner**
If an artist is new to the NFT space and is struggling to put a price on their artwork, NFT STARS can run the NFT Pricing Scanner which analyzes works in other marketplaces. It goes through art that is similar by theme and style, providing artists with a suitable price guide.
## **Fractional Trading and user inclusion**
Users are a big part of the platform’s operations and development. With the NFTS token, art lovers are eligible for NFT discounts, platform liquidity mining and other extras. NFTS holders can buy works of art with their tokens and participate in platform governance. Active participants will be rewarded with tokens and will be included in the artist selection process. NFT STARS opens the NFT world to everyone. Users who have been priced out of the market can now participate in Fractional NFT Trading and even add high price-tag works from the biggest names to their collection.
## **Initial NFT Offering**
For startup founders, NFT STARS offers a way to kick-start their success stories through an Initial NFT Offering, which is a brand new type of offering that leverages the strongest elements of NFT technology. A startup goes through two rounds of funding, whereby users purchase NFTs to farm project tokens. NFTS holders have a number of advantages when participating in the Initial NFT Offering.
# Management Features List
### **For artists**
* Gas-free. When minting their NFTs, artists pay no Gas. They are created in the front-end, not the back-end. The actual NFTs are only minted in the smart contract when they are sold and the buyer pays for the Gas.
* An individual approach for every artist.
* A personal page displaying the artist’s artwork, biography and vision.
* NFT Pricing Scanner.
* Collaboration opportunities. Our artists can collaborate on an art project together with other artists. Then they can mint the NFT and associate it with the wallet addresses of all participants. When the work is sold, all participating artists will get their share of the proceeds.
* White Label solutions
* A personal manager
* Special NFTs listing
* Free consultations with a lawyer
* Ads and promotions on social media
### **For users and investors**
* Exclusive drops that are not available on other platforms
* Ability to purchase NFTs through their phone, via the AR gallery
* Initial NFT Offering, allowing them to farm tokens
* Bonuses for using the NFTS token
* Voting with NFTS
# Fractional Trading
The Fractional Trading feature allows users to buy a fraction of an NFT instead of the whole piece. Fractional trading is a relatively new trend that fiat brokers started to offer, after the shares of large companies had begun to cost more than a thousand dollars. Initially, they were designed for small investors who wanted to buy a stock but did not have enough capital to buy a whole share. So, for example, Amazon’s stock was worth approximately $3,100 at the time of writing. Not all retail investors can afford this. Therefore, investors can use fractional trading, thus receiving a share of the asset.
The cryptocurrency market uses the same practice since some NFTs (like some stocks) cost hundreds of thousands of dollars, making them difficult to buy. Therefore, the same practice started being used for NFTs. This service offers investors the chance to buy a fraction of an NFT asset, which can be resold in the future. This is convenient if you do not have a lot of capital with which to buy expensive NFTs but still want to have a share in the ownership of an NFT.
The NFT STARS platform provides its users with a unique opportunity to own an NFT asset without having to purchase the entire asset. Bidders can buy a fraction of an NFT, gaining ownership rights and all of the NFT’s functions and features in proportion to their share of ownership.
### **Reasons to use Fractional Trading**
1. **Price detection:** NFT fractioning helps to determine how the market will value an NFT, by selling only 20% of the total asset, for example.
2. **Liquidity:** Splitting an NFT provides the owner with better liquidity.
3. **Financial instrument:** F-NFTs (Fractional NFTs) were introduced for ease of use. An investor can easily buy and sell shares of an NFT, making a profit on it without owning the whole NFT.
# Augmented Reality
The platform also has its own smartphone app developed by a team of Augmented Reality specialists. This application will look like a real gallery. \
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You just need to download the application on Android or iOS, launch it, activate the gallery and view the NFTs. Also, you can buy any NFT you like from the gallery. We also plan to create offline galleries where viewers can see the artwork in the flesh. Famous artists will be able to create their own exhibitions in private rooms.
# Multi-chain solution
One of the most important problems that many NFT buyers face is choosing a network to buy NFTs from. Ethereum was the pioneer and many popular tokens use the ERC-731 standard. The Ethereum platform has large commissions though, therefore, a number of users have chosen to switch to an alternative — Binance Smart Chain (BSC).
Binance Smart Chain has significantly lower commission rates and is generally more convenient for many users. However, if you own BNB tokens and the asset you like is on Ethereum, you cannot buy this asset.
A multi-chain solves this problem.
With the help of multi-chain technology, you can buy NFTs both in the BSC and Ethereum ecosystems. In addition, the NFT STARS team plans to add Huobi ECO Chain. Thus, there is no need to exchange your ETH to BNB before buying the NFT you like. You just need to use our multi-chain.
# NFT Pricing Scanner
One of the biggest problems for many NFT artists is estimating the value of their work. This leads to the following problems:
* Artists set too low a price for their artwork, so they receive insufficient profit.
* Artists set too high a price, so no one buys their work.
* Bidders buy overpriced works and then cannot sell them for a profit.
Such situations frustrate many artists and bidders, forcing them out of the NFT market. The problem worsens when more and more news comes out about internet celebrities making millions of dollars with NFTs.
Therefore, we offer our users the NFT Pricing Scanner. It allows them to appropriately evaluate their work and to sell it at the best price. Thus, they will not underprice their work and can be sure that the price is not too high for someone to buy.
# DAO voting
To build a decentralized community, the platform needs a DAO mechanism. DAO stands for Decentralized Autonomous Organization. Each community member is entitled to submit ideas about the project's development. For example, choosing which exchange(s) to list the project token on. To take part in the voting process, users must have a certain number of project tokens. NFT STARS users can vote on further platform developments.
The voting system is based on voting points that users earn on the platform. The more points the voter has, the more influential their vote is. Users can also decide which items will be listed for drops.
One of our main aims is to create a decentralized community that will be able to choose the works of art that will be included in our exclusive drops.
# NFT Mania
NFT Mania is a gaming platform through which we will integrate gamification into the NFT STARS ecosystem. NFT technology has largely embraced the gaming industry, so gaming will be an important element of the NFT STARS ecosystem. You can determine the potential of implementing gamification into our ecosystem by assessing NFT Mania Quest.
The NFT Mania Quest is one of NFT STARS’s quirky solutions. We organized this free entertainment event to acquaint our users with the NFT market and NFT STARS.
For users who entered the crypto world with an IT background, the tasks involved are well-known. Contestants need to solve several riddles to find the keywords that make up a seed phrase. This phrase opens the crypto wallets in which the rewards are stored.
Every riddle relates to NFT. Contestants can find a clue or even the answer contained somewhere in the artwork. The riddles are not too difficult but the exact word must be guessed correctly.
The first NFT Quest, consisting of three different quests, was completed successfully. Each quest required the solving of 12 riddles. The process was very simple: solve a riddle, guess the correct word, write it down, repeat this 12 times until all 12 keywords are found and used to sign into the treasure chest (wallet) that has the prize inside. The prize pool for this quest was $135,000, which was divided between three chests (wallets).
The first to access the wallet became the winner who claimed the prize. Besides the main quest, weekly stand-alone riddles were also presented (Side Quests). Participants had to guess the word correctly to win $50 each.
In future quests, NFTS will be used. How exactly? All will be revealed later.
### **NFT Mania Quest rules**
1\. The prizes included USDT and MILK2 NFT farming cards (MILK2 is the governance token of SpaceSwap, the project that created the NFT STARS platform). The cards and USDT prize money was sent to the winners' MetaMask wallets. After receiving a card, they would need to stake it in order to farm MILK2 tokens.
2\. To get the rewards, a MetaMask wallet was required.
3\. Synonyms would not work, so all variants needed to be tried when guessing/entering the answers.
4\. To take part in the quest, applicants had to register for the game by entering their email address. No participation fees were (or ever will be) required.
5\. In the event that a chest containing prizes remained unopened, that chest would stay on the website until someone managed to open it.
# NFT STARS accounts
The NFT STARS platform also offers artists the opportunity to buy a Premium account. The main difference between an ordinary account and a Premium account is the commission that the artist pays to the platform.
Artists with a Regular account pay a 2% commission to the platform, which is 0.5% less than on other platforms, while artists with a Premium account pay 12,5%. You should know that these commissions are not paid to the NFT STARS team but are used to buy back and burn NFTS tokens so as to increase the value of the NFTS token as the supply drops.
### **Premium account features:**
* A personal manager
* Special listings
* Free consultations with our lawyer
* Ads and promotions on social media
* Premium status seen by all users
### **How to create an account on NFT STARS**
**Step 1:** Follow the link: [https://nftstars.app](https://nftstars.app/)
**Step 2**: Click on “Create an account”.
**Step 3:** Connect your MetaMask or Trust wallet.
**Step 4:** Fill in all the necessary information, add your social media accounts, upload your avatar and background.
**Step 5:** Now you can create your own NFTs on the NFT STARS marketplace!
To get the Premium status, please contact our team.
# NFT STARS drops
Only three auctions are held per day for carefully selected NFTs. The selected collections will be subject to special promotion. This will help artists to sell their works for the price that they want.
### **How NFT STARS chooses collections for drops**
According to the executive board’s decision, celebrities and DAO voting.
# Initial NFT Offering
NFT STARS offers an Initial NFT Offering (IFO) service for other projects. Projects can launch their initial NFT offering on NFT STARS. To do this, the project should acquire a certain allocation of NFTS tokens. In the application for an IFO, the project will need to specify the number of rounds they want to conduct and the number of NFTs they want to offer in each round. We will use Shadow Staking to avoid rug-pulls.
Here is the example how Initial NFT Offering may look:
# SIDUS: NFT Heroes Collection
# What ‘SIDUS: NFT Heroes’ Is
[SIDUS: NFT Heroes](http://nftheroes.app/) is a collection of 6,000 generative characters created by NFT STARS and more than 200 artists from the international collective of modern artists - NFT256.
### **The collection features:**
* 4,000 Original NFT Heroes
* 1,000 Rare Heroes
* 500 Legendary Heroes
* 500 Partnership NFT Heroes.
Only the Original 4,000 are available for purchase, the rest are created using upgrade cards and the Galaxy Modificator.
Each NFT Hero inherits 13 traits/objects: planet, glasses, mask, watch, skin, backpack, etc. The unique combination of these traits determines the rarity of the Hero.
The initial price for 1 NFT Hero is 0.055 ETH.
# How and Where to Buy Your NFT Hero
The initial sale was launched on the [NFT Heroes website](https://nftheroes.app/). Once the initial sale is sold out, the collection will only be available on [OpenSea](https://opensea.io/collection/sidus-nft-heroes).
👉 [NFT Heroes collection on OpenSea](https://opensea.io/collection/sidus-nft-heroes)
👉 [SIDUS NFT HEROES Galaxy Modificators on OpenSea](https://opensea.io/collection/sidus-nft-heroes-galaxy-modificators)
* The initial price for 1 NFT Hero is 0.055 ETH. The total supply of Original NFT Heroes is 4,000.
* The initial price for 1 Rare upgrade card is 0.01 ETH with a total supply of 1,000 NFTs.
* The initial price for 1 Legendary upgrade card is 0.02 ETH. The total supply of Legendary cards is 1,500 NFTs. 1500 Legendary cards we can create up to 500 Legendary Heroes.
The project has zero control over the prices on the secondary market.
### How to buy an NFT from the NFT Heroes website:
1. Make sure you have ETH on your balance to pay the transaction fee.
2. Go to [nftheroes.app](https://nftheroes.app/) and connect your wallet.
3. Choose the number of Heroes you want to buy and click on ‘buy’.
4. The NFT(s) will appear in your wallet, on OpenSea and other accounts supporting the NFT token standard.
Note: The loading of the NFT metadata (the image) may take some time. Until then, you will see the SIDUS logo. When buying from the website, the user will not be able to choose a specific NFT Hero or see its appearance prior to the purchase.
### How to buy an NFT from OpenSea:
1. Make sure you have ETH on your balance to pay the transaction fee.
2. Go to the collection’s official pages.
3. Place your bid.
4. If you get outbid, raise your bid until you're the winner!
# What Galaxy Modificator Is and How to Upgrade Your NFT Hero
Only the Original Heroes are available for purchase since the rest are created using upgrade cards.
To upgrade to the Rare status, a user needs to buy 1 Rare upgrade card and have an Original NFT Hero. To become part of the Legendary squad, the user needs to collect 3 Legendary upgrade cards and have an Original NFT Hero.
The total supply of Rare upgrade cards is 1,000, costing 0.1 ETH each. The total supply of Legendary upgrade cards is 1,500 and their price tag is 0.2 ETH per card. Each upgrade card can be used only once. After the modification process, the user ends up with 2 NFTs - their Original NFT Hero and the upgraded, higher status one.
Higher rarity tokens entitle their holders to additional perks and boosted rewards.
# Collection Rarity and How to Check You NFT Hero’s Rarity
Each NFT Hero inherits 13 traits, like their home planet, helmet, pads, glasses, watches, etc. The combination of these various characteristics is what differentiates one Hero from another, both in terms of their visual appearance and their rarity. An NFT Hero with accessories and features that are rarely found in other Heroes are naturally considered more rare and thus more valuable. The scarcity of Rare and Legendary NFT Heroes and the additional benefits they bring make these NFTs more valuable than the Original NFT Heroes.
NFT holders can check the rarity of their NFTs on NFT Heroes [Discord](https://discord.gg/PGD4bq7jE4). Go to the channel "💎Rarity" and type the following command: !rarity id \[ID].
# What Galaxy Staking Is and How to Stake an NFT Hero
### What is Galaxy Staking?
Galaxy Staking is an NFT yield farming service that operates in conjunction with NFT Heroes non-fungible tokens. NFT Heroes holders stake their NFTs and generate rewards in [NFTS](https://coinmarketcap.com/currencies/nft-stars/) tokens, the native token of NFT STARS.
### What are the Galaxy Staking Reward Mechanics?
Galaxy Staking offers three tiers of yield farming: Original, Rare and Legendary (Exclusive NFT Heroes receive the same staking rewards as Legendary Heroes). The higher the rarity of the staked NFT Hero, the bigger the holder’s reward will be. The size of the rewards also depends on how many other NFTs with the same rarity have been staked in the pool. If all NFT Heroes holders staked their NFTs on Day 1, they would receive the following profit:
* Original NFT Heroes farm 50% of their cost, annually
* Rare NFT Heroes farm 90% of their cost, annually
* Legendary NFT Heroes (incl. Exclusive Heroes) farm 140% of their cost, annually
These are the minimum guaranteed rewards each staker will generate. If some holders choose not to participate in Galaxy Staking, the ones that do will farm bigger rewards.
Thus, 1 Original NFT Hero farming 50% of its initial minting cost will earn 0.0275 ETH annually (50% of 0.055 ETH). With each Ethereum block, the Original Heroes holder generates 0.11935 NFTS.
The initial cost of a Rare NFT Hero is the cost of 1 Rare upgrade card, which is 0.1 ETH. By staking a Rare Hero, holders generate 90% of 0.1 ETH annually. With each Ethereum block, the Rare Hero holder farms 0.086805 NFTS.
As for the initial cost of a Legendary Hero, we are adding the cost of the 3 Legendary upgrade cards needed to create one Legendary NFT Hero, which comes to 0.6 ETH. With each Ethereum block, the Legendary and Exclusive NFT Heroes holders generate 0.40509 NFTS.
### How often is profit generated?
Profit is generated with each Ethereum block and users can harvest their profit at any point in time (as of October 18th 2021). Remember that harvesting is a transaction within the Ethereum network and requires paying a Gas fee.
The rewards are tied to a set amount of ETH. Assuming that all Original NFT Heroes holders stake their NFTs, each user will generate the equivalent of 0.01375 ETH in NFTS tokens over 6 months. The platform uses a fixed exchange rate of 1 NFTS to 0.0005 ЕТН. The system works the same way for Rare and Legendary (incl. Exclusive) Heroes.
### How long does the first round of Galaxy Staking last?
The first round of Galaxy Staking will last 6 months (October 2021 - March 2022). After this period, the SIDUS team and the community may reconsider the terms and conditions of the staking.
# SIDUS: NFT Heroes Roadmap
The NFT collection is only a fraction of the future SIDUS ecosystem. The platform will offer users a variety of earning opportunities:
* Royalties
* Galaxy Staking (NFT yield farming)
* A wrapped NFT feature. Users will be able to deposit other cryptocurrencies and NFTs inside their Hero and accumulate the liquidity. This means, Heroes will have real value and will provide their owners with the opportunity to sell multiple assets simultaneously.
Ultimately, SIDUS will launch its version of the play-to-earn blockchain gaming metaverse with the DAO community. The NFT Hero Battle Arena will resemble famous fighting games like Mortal Kombat, Killer Instinct and Jump Force. NFT Heroes will challenge other players to duels, fight in the Arena and try to rise to the top of the social structure.\
# SIDUS Lore and Philosophy
SIDUS encapsulates blockchain philosophies and provides users with characters, traits and in-game items to show their support for a project or a blockchain.
NFT Heroes come from 12 different blockchain planets: Bitcoione, Etheredus, Binaxima Sentauri Cybele, Solantrum, Avalanya, Polygopus, Huoris Helvetios, Polkacyon, Cardaggar, Tronguan, Ripplatan, Centricus and Cosmernicus. Each planet relates to one of the major networks and has its own story, inheriting that blockchain's signature traits. NFT Heroes take on the characteristics of their native planet.
The collection has over a thousand Easter Eggs referencing top crypto projects, all hidden in the Heroes’ ammunition, accessories and armor.
# Native Token NFTS
The NFT STARS project’s native token is NFTS. This token performs a number of important functions and users need it to participate in the management of the platform, which makes it a core element of the platform.
# NFTS Token Use Cases
**The NFTS token performs a number of functions, as follows:**
**Encouraging marketplace users**. Platform users will receive NFTS rewards for being active on the platform, by buying and selling NFTs. The rewards will be paid in proportion to the volume of their sales and purchases during the previous week, taking the market price of the NFTS token into account. The distributed reward will be split between the buyer and the seller.
**Rewards and airdrops**. The NFTS token will be used as a distribution token in airdrops, contests and as a reward for the most active NFT creators.
**Commission and status**. Users will be offered two types of accounts for the sale and purchase of NFTs. The Premium account also provides a number of special services and features, such as higher commission, special listings, visible Premium account status, advertising of artwork on social networks, free consultations with a platform lawyer and support from a personal NFTS manager.
**Discount system and token burning**. When buying NFT artwork on NFT STARS, the user pays a commission of either 2% or 8% (depending on the account), which is later burned, reducing the total volume of tokens. This scheme increases the value of the NFTS token in the market, increasing its price and making it more attractive to investors. Also, users will receive discounts on the purchase of NFTs if they pay using NFTS tokens.
**DAO voting system**. NFTS holders are members of the platform's governance system and vote on updates and changes to the platform, as well as being given the opportunity to select artists, drops.
**NFTS Mania Quest**. NFTS tokens will be used in future NFT quests on NFT STARS. Token holders can participate in the NFTS Mania Quest. This is an entertaining project from NFT STARS whereby users must solve various NFT riddles to open chests containing up to $135,000 worth of prizes.
**Token sale and listing on exchanges.** NFTS token is listed on various exchanges where users can buy and sell it, determining the price of the token in the cryptocurrency market. Also, the NFTS token acts as an investment token during the token sale period.\
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**Farming of tokens.** Users can farm NFTS tokens by participating in the Initial NFT Offering and purchasing a special NFT card.
# Token Allocation
#### **Total supply:** 20,000,000 NFTS
**Marketplace mining:** 45% (9,000,000)\
Vesting conditions: NFTS will be distributed to users in accordance with the sales volume (not more than 45,000 coins).
**Core contributors:** 16.25% (3,250,000)\
Three private rounds (A, B & C) for early contributors. This allocation is for participants who make a big contribution to the growth of the NFTS price.\
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Vesting conditions: Within the first week of purchasing the tokens, the investor receives 5% of the capital they invested in the form of NFTS. Then in the subsequent 90 days, we unlock another 15.83% of their investment in NFTS tokens. The user will continue to receive 15.83% of their investment in NFTS every 90 days until the end of the 18-month period.
**Community offer:** 1.25% (250,000)\
One public round with a lockup period.\
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Vesting conditions: Within the first week of purchasing the tokens, the investor receives 10% of their investment in the form of NFTS tokens. Once a month, we unlock a further 22.5% of their investment in NFTS until the end of the 4-month period.
**Team:** 15.5% (3,100,000)\
Vesting conditions: Full 6-month lockup period, after which the team starts receiving 100,000 tokens on a monthly basis (3,3% of the entire allocation).
**Marketing activities:** 12% (2,400,000)\
Marketing activities, influencers, advisers, vampire marketing.\
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Vesting conditions: within a month of the public listing, the team is eligible to unlock the coins for performing marketing activities.
**Airdrops:** 6% (1,200,000)\
Airdrops with a vesting period of 2 months for SpaceSwap users and NFTS holders on the Ethereum network, with a claimable function for NFTS tokens.\
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Vesting conditions: the team will decide on conducting airdrops during the development of the platform, but the tokens will be locked for several months.
**Reserve fund:** 2.5% (500,000)\
The reserve fund will be used in the event of an emergency.\
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Vesting conditions: these decisions will be taken by the DAO.
**DEX liquidity:** 1.5% (300,000)\
A reserve fund of initial liquidity for DEX public listing.\
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Vesting conditions: we unlock 100% in the first week to provide liquidity on DEXs.
**NFT STARS IDO**: June 5th 2021 on the following launchpads: [BSCPad](https://bscpad.com/), [Cyberfi Samurai](https://samurai.cyberfi.tech/launch-pad/nft-stars), [A2DAO](https://a2dao.com/) and [FlyBit](https://flybit.com/wow/detail/261). The starting price for the NFT STARS’ native token NFTS is $2.
As you can see, marketplace mining will take a long time. Building a fully diluted market will require 4 – 5 years.
# Contract
**NFTS token smart contracts:**
ERC-20: 0x08037036451c768465369431da5c671ad9b37dbc
[**https://etherscan.io/token/0x08037036451c768465369431da5c671ad9b37dbc**](https://etherscan.io/token/0x08037036451c768465369431da5c671ad9b37dbc)
BEP20: 0x08037036451c768465369431da5c671ad9b37dbc
[**https://bscscan.com/token/0x08037036451c768465369431da5c671ad9b37dbc**](https://bscscan.com/token/0x08037036451c768465369431da5c671ad9b37dbc)
**Pools:**
We added the NFTS/ETH pool to Uniswap v3 on June 6th, 2021.
For PancakeSwap proceed to:
and add BEP-20 NFTS token by its contract address: 0x08037036451c768465369431da5c671ad9b37dbc
[https://bscscan.com/token/0x08037036451c768465369431da5c671ad9b37dbc ]()
The direct link:
# Audit
\
The auditing firm CertiK has confirmed that the NFT STARS smart contract is functioning properly and without any risk. The [detailed analysis of the platform](https://nftstars.app/Audit_Report_NFT_STARS.pdf) showed that no vulnerability issues were found. Each and every piece of code has been checked for errors.
# Legal
* **Legal opinion**
* **Incorporation documentation**
* **User Agreement**
# Social media
**Website:** [**https://nftstars.app**](https://nftstars.app/)
**Twitter:** [**https://twitter.com/nftstars1**](https://twitter.com/nftstars1)
**Instagram:** [**https://www.instagram.com/nft\_stars**](https://www.instagram.com/nft_stars)
**Facebook:** [**https://www.facebook.com/nftstars1**](https://www.facebook.com/nftstars1)
**Telegram chat:** [**https://t.me/NFT\_STARS**](https://t.me/NFT_STARS)
**Medium:** [**https://medium.com/nft-stars**](https://medium.com/nft-stars)
**Weibo:** [**http://weibo.com/nftstars**](http://weibo.com/nftstars)
**English Telegram chat group:** [**https://t.me/NFT\_STARS**](https://t.me/NFT_STARS)\
\
**Chinese Telegram chat group:** [**https://t.me/NFTSTARSCHINA**](https://t.me/NFTSTARSCHINA)\
\
**Korean Telegram chat group:** [**https://t.me/NFT\_STARS\_KR**](https://t.me/NFT_STARS_KR)\
\
**Vietnamese Telegram chat group:** [**https://t.me/nftstars\_vietnam**](https://t.me/nftstars_vietnam)
# FAQ
### Where can I buy the NFTS token?
On June 5, we held our IDO on the following launchpads: [BSCPad](https://bscpad.com/), [Cyberfi Samurai](https://samurai.cyberfi.tech/launch-pad/nft-stars), [A2DAO](https://a2dao.com/) and [FlyBit](https://flybit.com/wow/detail/261). The starting price for the NFT STARS’ native token NFTS is $2. Now you can buy NFTS tokens on [PancakeSwap](https://exchange.pancakeswap.finance/#/swap?outputCurrency=0x08037036451c768465369431da5c671ad9b37dbc) and [Uniswap](https://app.uniswap.org/#/swap?inputCurrency=0x08037036451c768465369431da5c671ad9b37dbc) and on CEXs Biki and Flybit.
### How does DAO voting work on the platform?
Users will accrue NFTS for their activity on the platform. The points they receive will allow our users to vote on which works of art they would like to see included in NFT STARS' drops. This is a fair system and prevents large token holders from defining the outcome of votes.
### What commissions does the platform have?
There are two types of commission on our platform: Regular accounts (2%) and Premium accounts (8%). These commissions are paid out of NFT sales. Our platform uses these commissions paid in ETH to buy back and burn NFTS tokens, helping the NFTS price to grow.
### What wallet should I use with NFT STARS?
To create an account on the NFT STARS platform, you need to connect a MetaMask, Trust Wallet or WalletConnect wallet.
### Do artists sign an agreement to create NFTs on the platform?
No, we are pro autonomy, paperwork only complicates the process.
### What blockchains do you plan to connect to NFT STARS?
For now, the platform uses the Ethereum blockchain. We also plan on connecting to these blockchains: Huobi Eco Chain, Binance Smart Chain. We are also holding talks with representatives of other blockchain ecosystems.
### What criteria do you use for choosing the artists?
Most artists are subject to DAO voting, i.e. token holders will decide which works should be listed for drops. Pre-moderation is also conducted by our team.
### **How do I sell my artwork in a drop?**
All the artworks used for drops are hand-picked by our team. Please contact us via email if you have NFTs for drops and a large community. You can find out more details about NFT STARS drops in this [guide](https://docs.nftstars.app/nft-stars/guides/a-guide-to-nft-stars-types-of-sales).
### Why is your platform better than other NFT platforms?
NFT STARS is not just a marketplace but an ecosystem that will become a game-changer in the NFT industry by placing the focus on quality rather than quantity.
We only list high quality art by talented artists who cater to high-paying buyers. On top of that, we offer features that cannot be found on other NFT platforms:
* Collaborative projects between its artists by enabling joint NFT ownership. A group of artists can create an NFT as a team and the proceeds from its sale will be distributed among all the team members.
* Fractional Trading
* Gas-free NFT minting
* All artwork is hand-picked by our team and community.
* AR gallery
* NFT radio
### How much does it cost to create an NFT on the platform?
It costs nothing for the artists. You create the NFT on the front-end and it gets minted in the smart contract when the buyer purchases it, so the buyer pays the minting fee.
### **What does this yellow tick mean?**
Premium accounts are marked with a yellow tick. All the details about its benefits and how to get it can be found below.
### How do I get a Premium account?
To get a Premium account, you need to follow the steps for opening this type of account on our platform. A Premium account will give you the following advantages:
* 3 NFTs from your collection will be displayed on our main page. (General account holders only have 1 random NFT displayed on our main page).
* Your NFTs go to the top of the list.
* You have the opportunity to collaborate with other artists to create more valuable NFTs together.
* Special attention is given to your NFTs.
* Your Premium status is seen by all users.
* You get additional promotion on our social media. We can also design your own page to promote your artwork.
* Consultation with a lawyer.
Users with a Premium account pay 8% commissions instead of the 2% charged to General users. These commissions will be used to buyback and burn NFTS tokens.
By opening a Premium account, you become a core contributor of our project as you will be contributing more to the reduction of the total supply of NFTS. If this is something you would like to have, a Premium account should satisfy your needs.
### Why do I need a White Label solution?
This works well for businesses as it minimizes the expense of manufacturing the product and allows you to share production with another brand. Moreover, NFTS tokens are burned, which elevates its price.
### How can I be sure that the NFT I bought isn't fake?
We run a thorough analysis of all works and prevent fake ones from appearing on our platform.
### **Can I resell an NFT bought from another marketplace on NFT STARS?**
This feature will be available on NFT STARS soon. Users will see all the NFTs in their personal account on the NFT STARS platform. Note:- You will only see the NFTs that are deposited in the connected wallet. Users will be given the ability to list their NFTs for resale.
### I'm new to NFT. Where can I ask for help with the promotion of my artwork?
You can upload your artworks to our platform and we will help you to create the NFT. In case you run into any trouble, our support team is there to assist you.
### How many NFTs can I buy/sell per day?
There is no limit. The more activity you show, the more points you accrue, which can be used for voting.
### Do I need to pass any verification steps to buy an NFT on your platform?
To buy NFTs, you just need to connect a MetaMask, Trust or WalletConnect wallet to the site and this will create your account on NFT STARS. Then you need to verify your account via Twitter.
### What is royalty?
A royalty is a legally binding payment made to an individual or company for the ongoing use of their assets, intellectual or physical. Royalties are also paid to the owners of properties to compensate them when they license out their property to another party. To learn how royalty works on NFT STARS, please read this [guide](https://docs.nftstars.app/nft-stars/guides/how-does-the-royalty-system-work).
### How can I take part in the NFT Mania Quest?
There are no quests scheduled right now but if we announce another quest, just follow the link:[ https://nftmaniaquest.com/en/](https://nftmaniaquest.com/en/). All you need to do is register for the game by filling in your email address. You don't need to pay any participation fees and you'll never have to.
### Why is my account blocked?
NFT STARS reserves the right to block any account that violates any one of the rules explicitly listed in the [NFT STARS Submission Guidelines](https://docs.nftstars.app/nft-stars/guides/nft-stars-submission-guidelines). If you believe your account has been blocked by mistake and you can prove your works do not violate any of our policies, please contact the NFT STARS support team.
# Guides
# How to buy NFTs on NFT STARS
NFT STARS is a unique NFT marketplace that puts quality before quantity. We care more about the quality of your creation than how many you have. Every NFT listed on our platform represents a piece of genuine art that reflects the artist’s originality.
All the works you see in artists’ collections are first previewed and approved by the NFT STARS team. In this way, we ensure that our quality-first approach is maintained. The marketplace also offers users an extensive list of features, making NFT STARS the most user-friendly NFT marketplace.
The NFTs listed on NFT STARS can feature in our drops. To learn more about them, read this [guide](https://docs.nftstars.app/nft-stars/guides/a-guide-to-nft-stars-auctions-and-drops).
### How to buy an NFT
In order to use the NFT STARS platform, the user has to first create an account. Read this guide explaining how to do it.
1\. Go to [https://nftstars.app/](https://nftstars.app/en/) and click on MARKETPLACE.
2\. Choose the NFT you want to buy. Under the NFT, you can see its title and price.
3\. Click on the NFT to see its creator, the name of the collection, its price and purchase history. Click on BUY THE NFT to proceed the payment.
5\. Agree with the NFT STARS’ terms of services by checking the box and click BUY.
6\. Confirm the transaction in your wallet.
7\. Congratulations! You have just bought an NFT. You can find it in the Collected section of your profile.
# How to apply to be an artist
## **How to apply to be an artist**
NFT STARS runs drops and auctions and generally assists both aspiring and renowned artists to promote and sell their NFT artwork. All the artwork is assessed manually by the NFT STARS team. This is to ensure that your creations are noticeable among the millions of mediocre works out there.
In order to apply to be an artist, you need to create an account and fill out a form. You have two ways of accessing the form: 1) by clicking on the Create NFT button or 2) via your personal account. Follow this guide on how to become an artist on the NFT STARS platform.
If you do not have an account on the platform, please follow these steps to apply to be an artist.
**Step 1. Click on APPLY AS ARTIST in your profile, on our main page, on a banner, or in the letter that you have received.**
**Step 2. Connect your wallet.**
**Step 3. Fill out the form.**
* Enter your full name or a company name
* Share the links to your social media profiles
* Mention what kind of art you create
* Add your email address
* Provide a link to your portfolio or upload your best works
* Tell us about yourself
**Step 4. Verify your profile using your Twitter account. You need to post a tweet with your wallet address to prove that this is your wallet.**\
* **Click on VERIFY TWITTER.**
* **Then click on POST TWEET.**
* **The tweet will be automatically created. All you need to do now is post it.**
* **Add the link to your tweet and click on CONFIRM.**
#### **Step 5. Click on APPLY!**
#### **If you already have an account, you can apply to be an artist via your profile. Follow these steps:**
**Step 1. Go to** [**https://nftstars.app/en**](https://nftstars.app/en/) **and go to your profile.**
**Step 2. Click on APPLY AS AN ARTIST.**
**Step 3. Fill out the form.**
**Step 4. Verify your account if you have not yet done so.**
**Step 5. Apply!**
#### Now you can create your NFT!
Congrats! The next step is to create NFTs and sell them via drops. If you want to know more about drops, please read this [guide](https://docs.nftstars.app/nft-stars/guides/a-guide-to-nft-stars-auctions-and-drops). If you want to create your own NFT on the platform, please follow this [guide](https://docs.nftstars.app/nft-stars/guides/how-to-create-an-nft-on-nft-stars).
# How to create an NFT on NFT STARS
The quality and exclusivity of art is the main feature of the NFT STARS marketplace. Assessment of the artwork featured on the platform is done manually by a team of experts. This ensures that your creations will be noticeable among the millions of mediocre works out there. Also, the pricing scanner will help investors choose the best and unique NFTs for investment.
Our team runs drops and auctions and assists both aspiring and renowned artists in promoting their NFT works.
In order to join the platform, an artist need only create an account, upload their artwork and wait for the team to make their assessment. Minting NFTs allows artists to load their artwork onto the website and represent their NFTs on the corresponding blockchain. This system guarantees the secure storage of your artwork and allows you to conveniently use, sell or buy NFTs.
### How to mint an NFT
To mint your NFT, you need MetaMask or WalletConnect. Check out our [guide](https://docs.nftstars.app/nft-stars/guides/which-wallet-is-perfect-for-buying-nfts-on-nft-stars) on how this is done. You also need to apply to become an Artist before you can create your own NFT. Check out this [guide](https://docs.nftstars.app/nft-stars/guides/how-to-apply-to-be-an-artist) to learn how to apply as an artist.
First, you create a draft of your NFT, then you mint and sell it. In the future, you will not need to have assets in your wallet for paying the minting fee as we will be offering our artists gas-free minting. How will that work? The person who buys your NFT will pay the fee for creating it.
1. **Click on create nft to create a draft of your NFT.**
1. **Choose the token standard. To learn more about NFT standards, please read this** [**guide**](https://docs.nftstars.app/nft-stars/guides/what-are-nft-standards-and-how-to-choose-one)**. The NFTS (ERC-721) type enables you to create just 1 NFT without any replicas. Choose NFTS (ERC-1155) if you want to create several replicas of your NFT. Create a custom token (ERC-721 or ERC-1155) if you want to create an NFT collection.**
**5.1 If you chose the NFTS ERC-721 or NFTS ERC-1155 standard, then you need to fill out the following sections:**
* **Upload the image, video or audio file to preview your NFT. We accept the following file types: JPG, PNG, GIF, WEBP, MP4 or MP3. The max size for each NFT is 100MB.**
* **Add a title and description.**
* **Choose the type of purchase: fixed price (drop) or auction. You can learn more about drops in this** [**guide**](https://docs.nftstars.app/nft-stars/guides/a-guide-to-nft-stars-types-of-sales)**.**
* **Enter the minimum bid for your NFT and choose the currency. On the right, you will see the amount in USD.**
* **Set your royalties: 10%, 20% or 30%.**
* **Set additional properties relating to the size, material and so on (optional).**
* **Click on CREATE NFT.**
**5.2. If you decided to create a custom ERC-721 or ERC-1155 token, then fill out the following sections:**
* **Add a token title and a ticker.**
* **Upload the image, video or audio file you want to create your NFT with. We accept: JPG, PNG, GIF, WEBP, MP4 or MP3 files. The max size of your NFT should be 100MB.**
* **Select Single if you want your collectible to be a one-of-a-kind or Multiple if you wish to sell it multiple times.**
* **Click on Create collection.**
**6. Wait for the NFT Stars team to confirm whether your NFT has passed the selection process.**
**7. Congratulations! You’ve just created a draft of your NFT.**
**8. Now you can see your NFT in your profile. Click on the 3 dots in the top left corner and choose Mint.**
**9. Confirm the transaction in your wallet.**
**10. Now your NFT is on the NFT STARS marketplace!**
# What are NFT standards and how to choose one?
Non-fungible tokens (NFTs) are digital tokens with unique IDs that allow them to associate themselves with particular on-chain addresses. They also have comprehensive metadata that makes them an ideal instrument for confirming ownership of assets. NFTs are being applied to physical and virtual assets to monetize their value.
NFTs are primarily used in the metaverse, video games, real-estate and collectibles. In this guide, we will explain the different token standards and respective smart contracts on Ethereum and other blockchains. Check our [guide](https://docs.nftstars.app/nft-stars/guides/what-is-an-nft-and-how-do-you-store-one) to learn more about NFT.
### What is a token standard?
A token standard defines the smart contract and features that the token issued by it has. There are many different standards on different blockchains. The simplest categorization would be between fungible and non-fungible tokens.
Over time, Ethereum has gained more and more popularity and now most NFTs are issued on this blockchain. Ethereum token standards start with the abbreviation ‘ERC’ (Ethereum Request for Comments).
ERC-20 – fungible tokens. ERC denotes a set of rules that help developers improve the process of creating a standard Ethereum-based token, while ‘20’ is the unique identification number for the proposal.
In fact, ERC-20 tokens are smart contracts that provide great flexibility and functionality. The rules of this protocol must be followed in order for the token to interact with other tokens within the network. They can act as certificates, cryptocurrencies or stocks.
The main difference between ERC-20 and other cryptocurrency standards is that it is tied to Ethereum and can only be used within this network.
ERC-20 tokens function like a regular cryptocurrency, but they are still tokens. ERC-20 works specifically on the Ethereum blockchain; therefore, commissions are written off during transactions and gas fees directly depend on the network's load. To learn more about gas, please, read our [guide](https://docs.nftstars.app/nft-stars/guides/what-is-gas).
ERC-20 can be used as a financial asset, utility asset or currency.
Here are more token standards of the Ethereum blockchain.
#### The ERC standards
* ERC-721 – non-fungible tokens
* ERC-223 – much like ERC-20 but with a feature that ensures the tokens are only sent to compatible addresses. This prevents loss of access to the tokens since they cannot be retrieved from incompatible addresses.
* ERC-827 – allows the approval of fungible token transfers so the tokens can be spent by an on-chain third party.
* ERC-777 – an improvement on ERC-20. Users can send tokens on behalf of different addresses.
* ERC-1155 – a smart contract that allows users to manage Ethereum tokens of many types. It can contain ERC-20 or ERC-721 tokens and it works for all types of assets: fungible and non-fungible.
* ERC-1137 – a token standard designed for recurring payments. It works well for subscriptions requiring payments at certain intervals.
* ERC-998 – a smart contract that allows users to merge several NFTs into one NFT.
* ERC-875 – a smart contract that allows users to transfer several NFTs in a single transaction.
* ERC-865 – a smart contract that allows users to pay for a transaction with tokens instead of gas.
### NFT standards
#### Ethereum
The most popular non-fungible token standards on the Ethereum network are ERC-721 and ERC-1155. The NFT STARS platform features the ERC-721 and ERC-1155 standards. ERC-1155 is more commonly used for collections of several different NFTs. The ERC-721 standard is used for single NFTs.
ERC-721 creates non-fungible tokens for single assets. The token has extensive meta-information and can record transaction history.
The main goal of ERC-721 is to register copyright ownership. Another important function of this token standard is its ability to facilitate royalty payments associated with each resale of the NFT, since it can record transaction history.
Avalanche C-Chain acts like Ethereum and is compatible with Ethereum’s smart contracts. Users can create NFTs of the ERC-721 standard on Avalanche. The NFT STARS platform also plans to use Avalanche.
ERC-1155 is a universal token standard for the Ethereum blockchain because it is compatible with both fungible and non-fungible assets. With it, you can create and manage tokens of different standards in a single transaction. The only downside of ERC-1155 tokens is that they cannot record transaction history as the assets used in an ERC-1155 smart contract have their own transaction histories that are unrelated to ERC-1155.
The ability to transfer multiple assets in a single transaction is one of ERC-1155’s big advantages over many other standards, helping to significantly reduce network congestion and lower gas prices considerably. A transfer rate of 155 assets per second was achieved using ERC-1155 tokens.
ERC-1155 is a token standard that can include an infinite number of ERC-721 and ERC-20 tokens. This token standard was originally created for games in 2018 but it started being used for many other purposes, due to its versatility. Two use cases that ERC-1155 can offer is an escrow service and the atomic exchange of multiple ERC-20 and ERC-721 tokens.
#### Binance Smart Chain
Binance Smart Chain has a built-in Ethereum Virtual Machine, which makes it interoperable with Ethereum.
BEP-721 is like ERC-721 but on Binance Smart Chain.
BEP-721 offers all the benefits that come with BSC:
* Low fees compared to Ethereum (around 20 cents per trade)
* Faster transactions
Therefore, if you want to trade NFTs and pay less gas, BEP-721 is a great solution.
BEP-1155 is like ERC-1155 but on Binance Smart Chain.
BEP-1155 offers:
* The ability to issue several unique tokens at once in one smart contract
* Tokens can be both fungible and non-fungible
* Support for atomic swaps
* Support for ’batch’ transactions
* There is no need to wait for the block to be created to complete the transaction.
This standard is the most suitable for blockchain games since it was created for them. However, it has also been useful in other industries, namely the art industry.
And just like BEP-721, it has all the benefits of the Binance Smart Chain blockchain.
#### Tezos
TZIP-12 – supports various token types and allows users to manage fungible and non-fungible tokens.
This token standard is used on the Tezos blockchain. Its main feature is the ability to embed a hash from IPFS into a Tezos-based token.
Despite a number of advantages, the token standard is not very popular and has rather few unique assets based on it. However, if you decide to buy a TZIP-12-based NFT, you will pay a very small fee, which makes this blockchain quite user-friendly.
#### Flow
Flow is a special blockchain designed specifically for collectibles and games. The very popular NBA Top Shot uses this blockchain.
Flow has its own NFT standard which is the equivalent of ERC-721. Transactions on Flow are much cheaper and faster than on Ethereum. This blockchain is perfect for artists and NFT developers because it was specifically designed to work conveniently with non-fungible tokens.
#### Tron
TRC-721 – non-fungible tokens. This NFT asset standard is equivalent to ERC-721 on the Tron blockchain.
Like ERC-721, all TRC-721 tokens have unique IDs, the main distinction being the very low costs of using TRC-721 compared to ERC-721. Transactions within the Tron network rarely ever reach one dollar, so it is very cost-effective.
To create assets based on TRC-721, you must have at least 350 TRX in your balance. The name and ticker of the NFT can be customized upon its issuance.
### NFT STARS’ token standards
Our platform uses the ERC and BSC (coming soon) standards. ERC-1155 is used for collections consisting of several different NFTs. The ERC-721 standard is used for single NFTs.
Click on NFTS (ERC-721) or NFTS (ERC-1155) to create a single collectible to sell. Set its price and choose whether you want to sell it via at a fixed price or during an auction. In our [guide](https://docs.nftstars.app/nft-stars/guides/a-guide-to-nft-stars-auctions-and-drops), we explain what drops are on the NFT STARS platform.
To create your own token using the ERC-721 or ERC-1155 token standards, add the token name, symbol and choose the number of copies you want to sell.
In the future, we plan to increase the number of standards we use.
To create your NFTs on the NFT STARS platform, follow the instructions in this [guide](https://docs.nftstars.app/nft-stars/guides/how-to-create-an-nft-on-nft-stars). For those that want to buy NFTs on our platform, we have created a full [guide](https://docs.nftstars.app/nft-stars/guides/what-is-an-nft-and-how-do-you-buy-one) as well.\
# NFT STARS Submission Guidelines
NFT STARS follows a strict submission policy. It's the only way to build trust within our community of collectors and protect the rights of our creators. As an NFT STARS artist, you are required to adhere to the policies outlined below.
### Content Ownership
* An artist must own or control the copyright to all content they upload onto the NFT STARS platform (e.g. visuals, music, etc.).
* Artists must not upload anyone else’s copyrighted or otherwise proprietary work.
* In case of a dispute, the artist must provide information and other materials that prove their right of ownership.
### Proof of Uniqueness
* The marketplace accepts related works in a series but artists must not make duplicates of the same NFT piece.
* NFT STARS strives to provide its collectors with a unique selection of artwork. Thus, artists should not upload or try to sell an NFT that is presented on other NFT marketplaces at the same time. Artists should delete their artwork from other marketplaces if they want to present it on NFT STARS.
### Consequences
If an artist violates any one of the rules stated above, NFT STARS reserves the right to block their account without the possibility of recovery. Our team values the quality of service it provides and will not tolerate artists who violate this policy. NFT STARS also reserves the right to share information about artists in the media.
# NFT STARS Auctions
You’ve found a work of art on NFT STARS that you want in your collection. Here's a couple of things you need to know.
### When does the auction start?
NFT STARS announces the date and time of every auction, in advance, on its website and social media channels. At the start of the auction a countdown to the end begins.
### How do I place a bid?
Read our [illustrated step-by-step guide](https://docs.nftstars.app/nft-stars/guides/how-to-buy-nfts-on-nft-stars) on how to place a bid.
### What currency can I use to purchase an NFT on NFT STARS? And do I pay Gas while placing a bid?
Currently, the marketplace accepts only WETH. More cryptocurrencies are coming in the future. And no to paying Gas, the act of placing a bid is free.
### How does the bidding work?
When you place a bid, the platform checks the balance of your wallet. Your bid will only be accepted if your balance is equal to or greater than the amount of WETH you are bidding. If it isn’t, the bid will be declined. If accepted, your funds (equal to your bid) are not put on hold by NFT STARS but you do give NFT STARS permission to perform a transaction. The platform subsequently creates a pending order. That's why collectors do not pay any fees and can place multiple bids.
For example, if you have 5 WETH in your wallet, you can either place 2 bids on different NFT per 2.5 WETH or 2 bids for 5 WETH. But if one of the 5 WETH bids goes through, the bid for another NFT will be declined.
### Can I place more than 1 bid for the same NFT? And what if someone outbids me?
Sure, you can place bids until you win the NFT you want for your collection. NFT STARS has no rules regarding the next bid and how much it should exceed the current bid. You can place an offer that’s just 1% higher than the previous one.
### When does the auction close?
Each artist specifies the duration of every auction. It can be 24h, 48h or 72h. Every auction starts at a pre-designated time and ends within the set timeframe. If a user places a bid at the very last second, NFT STARS will not prolong the auction. When the bidding process closes, the artist approves the winning bid and the funds are transferred from the winner's wallet.
### How can I keep track of all my bids?
Go to your page and find the 'Auction' tab where you will find all the information logged. The NFT STARS team is working on issuing notifications so that you won’t have to check your account to find out the news.
# Which wallet is perfect for buying NFTs on NFT STARS?
NFTs are [non-fungible tokens](https://docs.nftstars.app/nft-stars/guides/what-are-nft-standards-and-how-to-choose-one), which means they are unique and can’t be replaced with something else. Bitcoin on the other hand is a fungible token, since you can directly trade it for another asset. However, a one-of-a-kind card is non-fungible. So if you traded it for a different card, you’d get something absolutely different.
We have previously discussed the essence of NFTs and the major platforms where [they can be bought](https://docs.nftstars.app/nft-stars/guides/what-are-nft-standards-and-how-to-choose-one). We’ve also reviewed the process of buying NFTs, step by step.
Now it’s time to discuss which wallet is perfect for buying these non-fungible tokens.
[The process of buying NFTs is quite simple on every platform](https://docs.nftstars.app/nft-stars/guides/what-is-an-nft-and-how-do-you-buy-one). All you have to do is create an account on your favorite NFT platform, connect your wallet, choose your favorite artwork and place a bid or buy it outright. This procedure usually takes a few minutes.
However, the process of choosing the right wallet takes a bit more time as there are some peculiarities to consider when dealing with different types of wallets on such platforms. Today, we’ll review the most comfortable wallets for buying NFTs.
Almost all NFT platforms work with Web3 wallets like MetaMask. Actually, this is the perfect wallet for the process of buying NFTs and here’s why.
### Why is MetaMask perfect for buying NFTs?
MetaMask is one of the most popular and established browser extensions. With MetaMask, users can freely interact with Ethereum, Avalanche, BSC, HECO and other ecosystems. In fact, MetaMask is one of the best Ethereum wallet solutions for accessing decentralized exchanges (DEX), gaming platforms and other online services.
The MetaMask wallet is compatible with Chrome, Firefox, Brave and Microsoft Edge. It is also able to hold tokens built on the protocol’s [ERC-20, ERC-1155 and ERC-721 standards](https://docs.nftstars.app/nft-stars/guides/what-are-nft-standards-and-how-to-choose-one).
All you need to do after entering any popular NFT platform is to connect your wallet and place a bid or buy the artwork you like.
MetaMask provides a default gas fee for every single transaction. The fee will always depend on the status of the network on which the purchase occurs. If it’s too overloaded, you may face some difficulties. Moreover, users are able to adjust the gas fees and limits by entering the advanced tab, where the parameters can be customized.
The fee is the cost incurred when making a transaction, while the limit is the highest transaction cost a user is willing to pay.
However, you won’t be able to see your NFT on your Metamask wallet. To do so, you need to switch on the NFT platform you bought it from. (NFT STARS has implemented this option too, which will allow you to search for other buyers’ NFTs as well in the future). It is also quite problematic to track NFT details on Etherscan.
### Other wallets that are cool for buying NFTs
1. Trust Wallet is also compatible with the Ethereum blockchain. However, it differs a little bit from MetaMask. The main difference is that MetaMask is both a browser and a mobile-based wallet, while Trust Wallet is only available on a mobile. However, Trust Wallet supports a wider range of digital currencies, [including ETH](https://docs.nftstars.app/nft-stars/guides/how-to-buy-eth), Bitcoin (BTC), Litecoin (LTC) and Ripple (XRP). With Trust Wallet, you can also earn interest on your stored funds, deal with the non-fungible token (NFT) ecosystem and it acts as a separate exchange too.
2. Coinbase wallet stores your private keys directly on your device. Thus, you will be able to buy and store any ERC-20 tokens, add your list of NFT tokens and interact with DEXs. Moreover, you won’t lose custody of the underlying asset(s). All in all, Coinbase easily transfers funds to and from your Coinbase account and leverages other DeFi applications (like Maker) via their in-app browser.
3. Argent developers present their product as a “radically better crypto wallet”. They say that it is popular because of it’s great ecosystem, which allows paper backups, simple addresses and free transactions. Argent integrates a number of popular products for users to take advantage of.
### MetaMask and Trust Wallet are available on NFTS STARS!
Both MetaMask and Trust Wallet are now available on NFT STARS!
You can choose the extension you prefer and then operate with your funds on the platform.
Moreover, we are planning to launch more Web3 wallets on NFT STARS, so keep up with the updates!
### In a word
In fact, you can choose your own fav in this race. However, MetaMask is preferable as it takes first place when it comes to everything that concerns ease of access with the Ethereum dApp world. The easy setup and cross-platform presence developed by its creators makes it a super user-friendly extension.
The wallet’s option to set the gas limit above or below the average fee allows you to freely choose how fast your transactions will be processed and how much you’re willing to spend on fees. This option is not available with most crypto wallets.
# How to connect a MetaMask account
We have already discussed [which wallet is perfect for buying NFTs on NFT STARS](https://docs.nftstars.app/nft-stars/guides/which-wallet-is-perfect-for-buying-nfts-on-nft-stars). In this guide, we take you through how to create a MetaMask wallet. The guide is taken from [Matic Network docs](https://docs.matic.network/).
### How to install MetaMask
MetaMask is a free and secure browser extension that allows web applications to read and interact with the Ethereum blockchain.
#### Step 1. Install MetaMask on your browser.
1\. Go to [MetaMask.io](http://metamask.io/) and select either the Android or iOS for mobile application and download it. You can also install MetaMask for [Chrome](https://chrome.google.com/webstore/detail/nkbihfbeogaeaoehlefnkodbefgpgknn), [Firefox](https://addons.mozilla.org/en-US/firefox/addon/ether-metamask/), Brave and [Opera](https://addons.opera.com/en/extensions/details/metamask/) browsers.
2\. Click on ‘GET CHROME EXTENSION’ to install MetaMask as a Google Chrome extension.
3\. Click on ‘ADD TO CHROME’.
4\. Click on ‘Add Extension’.
That’s it! You have successfully installed the MetaMask extension!
#### Step 2. Create an account
The next step is to create an account.
1. Click on the MetaMask icon in the upper right corner to open the extension.
2. To install the latest version of MetaMask, click on ‘Try it now’.
3. Click on ‘Continue .
4\. You will be asked to create a new password. Create a strong password and click on ‘Create’.
Don’t forget to store your password for safekeeping!
5\. Proceed by clicking on ‘Next’, then accept the Terms of Use.
6\. Click on “CLICK HERE TO REVEAL SECRET WORDS’.
7\. You will see the 12-word seed phrase. It is important that you save the seed words, either as a file or copy them to a safe place and click on ‘Next’.
Security tips: Write this phrase on a piece of paper and store it in a secure location. If you want even more security, write it down on 2-3 pieces of paper and store each in a different location. Memorize this phrase.\
8\. Verify your secret phrase by selecting the previously generated phrase. When done, click on ‘Confirm’.
By completing this “puzzle”, you are confirming that you know your secret phrase.
Congratulations! You have successfully created your MetaMask account. A new Ethereum wallet address has been automatically generated for you!
To buy NFTs on NFT STARS, please read this [guide](https://docs.nftstars.app/nft-stars/guides/how-to-buy-nfts-on-nft-stars). If you want to create NFT, please, follow this [guide](https://docs.nftstars.app/nft-stars/guides/how-to-create-an-nft-on-nft-stars).
# How to connect a WalletConnect account
To use the NFT STARS platform, you need to connect a WalletConnect or MetaMask wallet to it. We have described the process for creating a MetaMask wallet in this [guide](https://docs.nftstars.app/nft-stars/guides/how-to-connect-a-metamask-account). Now let’s discuss how to create and use WalletConnect.
### How to install WalletConnect
WalletConnect is not an app, but a protocol supported by many different decentralized applications and wallets. You can install any [mobile wallet](https://registry.walletconnect.org/wallets) that supports the WalletConnect protocol. WalletConnect wallets are available for Android and iPhone.
### How to use WalletConnect to connect to NFT STARS
Step 1. Go to
Step 2. Click on ‘CONNECT WALLET’ and ‘CONNECT VIA WALLETCONNECT’.
Step 3. Open a mobile wallet that supports the WalletConnect protocol.\
We will use the Trust wallet in this guide. Go to the ‘Settings’ section of your wallet and click on ‘WALLETCONNECT’.
Step 4. Scan the QR code of the NFT STARS platform and then click on ‘CONNECT’ in your wallet.
Congratulations! You have successfully connected the WalletConnect protocol.
To buy NFTs on NFT STARS, please read this [guide](https://docs.nftstars.app/nft-stars/guides/how-to-buy-nfts-on-nft-stars). If you want to create NFT, please, follow this [guide](https://docs.nftstars.app/nft-stars/guides/how-to-create-an-nft-on-nft-stars).
# How to connect your MetaMask to Binance Smart Chain and the NFTS token
You may notice right away that we are still dealing with a wallet on the Ethereum network, which will not work with decentralized applications (dApps) based on Binance Smart Chain. Moreover, you could lose funds if you send them to the wrong addresses.
Let’s fix that problem to make sure your transactions are conducted safely.
1\) Open Google Chrome (or any other browser that you use) and go to the Extensions menu.
2\) Type in your MetaMask password.
3\) Click on the blue circle in the top right corner.
4\) Go to the **settings** page.
5\) In the menu, find “Networks” and click on it.
6\) Next, click on the “Add Network” button.
7\) In the pop up menu, type the data as presented below.
**Network Name:** Smart Chain
**New RPC URL:**
**Chain ID:** 56
**Currency Symbol:** BNB
**Block Explorer URL:**
Now, you can switch between Ethereum and BSC in just one click.
**PLEASE NOTE! Gas in the BSC network is paid in BNB (it is used instead of Ether as the basic currency). If you do not have BNB - the easiest way is to transfer some from Binance.**
## How to add NFTS to your MetaMask
1\) Scroll down to the bottom of your assets and click on the “Import tokens” button.
2\) Paste this address in the Token Address Field: **0x08037036451c768465369431da5c671ad9b37dbc**
3\) Click on the “Add Custom Token” button and your NFTS will be added to the MetaMask wallet.
# What is an NFT and how do you buy one?
## What is an NFT and how do you buy one?
Non-fungible tokens or NFTs are cryptographic assets developed on blockchain. They each have unique ID codes which makes every single one different. So unlike cryptocurrencies, they cannot be exchanged like-for-like, making them unsuitable for commercial transactions.
However, the potential of NFTs is huge. First of all, they are perfect for representing physical assets like artwork or real-estate. Artists can sell their crafts without the need to involve intermediaries. Moreover, NFTs can simplify transactions and create new markets.
[NFTs can be used for different mediums, including](https://docs.nftstars.app/nft-stars/guides/how-to-create-an-nft-on-nft-stars):
* Art
* Music
* GIFs
* Videos and sports highlights
* Collectibles
* Virtual avatars and video game skins
NFTs have become revolutionary in the crypto industry as they have changed the whole concept of crypto assets. Being unique and irreplaceable, it is impossible for one non-fungible token to be equal to another. They are not goods but digital representations of physical and virtual objects. It was decided to give them digital passports since each token contains a unique identifier that belongs solely to the token it represents.
However, NFTs also have much in common with fungible cryptocurrency. Just like Bitcoin, NFTs contain ownership details (including the owner’s ETH address, name and purchase information), making it easy to identify its users and track the transfers between token holders. Owners can also add metadata connected to the asset.
Originally, NFTs evolved from the ERC-721 standard. They were created by the same people who developed the ERC-20 standard contract. The ERC-721 smart contract defines the minimum interface (which includes ownership details, security and metadata) required for the exchange and distribution of all the coins presented.
There is also the ERC-1155 standard contract that reduces the transaction and storage fees required for managing NFTs.
### How to buy NFTs
1. **First, you’ll need to set up an NFT marketplace account.**
There are many marketplaces in which to buy and sell NFTs. Different platforms allow you to buy and sell different types of artwork. A lot of these websites have secondary marketplaces with a bunch of other NFTs. However, each platform has its own peculiarities in terms of how it operates.
Usually, you can place a bid on any item you like, just like you would [in a simple auction](https://docs.nftstars.app/nft-stars/guides/a-guide-to-nft-stars-auctions-and-drops) and on eBay or you could [simply buy the artwork](https://docs.nftstars.app/nft-stars/guides/which-wallet-is-perfect-for-buying-nfts-on-nft-stars).
Marketplaces have some differences though. Some of them are based on the Ethereum network while others include several different chains.
Some platforms conduct trade in their native tokens. However, [you’ll still have to upload ETH](https://docs.nftstars.app/nft-stars/guides/how-to-buy-eth) to your wallet to pay for commissions in the chain.
Most NFT platforms act without middlemen.
NFT platforms offer a variety of unique collectibles, including video game items, music, digital artwork and many other kinds. To use the platform, you’ll need to install [a Web3 cryptocurrency wallet](https://docs.nftstars.app/nft-stars/guides/which-wallet-is-perfect-for-buying-nfts-on-nft-stars) such as MetaMask or any other favorite. MetaMask is a well-known crypto wallet Chrome extension that allows you to operate within such platforms.
Some of the platforms even contain artwork from real celebrities such as Steve Aoki, Grimes, 3LAU and many others. As you see, the names speak for themselves, so the platforms that work with these celebrities are known as ‘primary marketplaces.
### NFT STARS
NFT STARS introduces an exclusive marketplace where [every artist has their own custom page](https://docs.nftstars.app/nft-stars/guides/how-to-create-an-nft-on-nft-stars) and via premium account get the opportunity to consult with a legal team , special attention to artist’s NFTs,and get additional promotion via NFT STARS social media. Moreover, every artist can integrate their works from other marketplaces. It resembles other platforms but has many distinguishing features and benefits which will be included in future releases, including:
* Gas-free NFT minting
* Collective NFT ownership
* Fractional NFT trading
* An NFT Pricing Scanner
* The opportunity to host an exhibition in a personalized AR gallery
NB! These features are being deployed now (most of them will appear with each next release of the platform).
Users, in their turn, take part in the selection of artists and are given the chance to collect unique items, thanks to the fractional trading feature. They can also browse through an AR-gallery where the artists’ best works are on display.\
\
The platform is currently accessible through MetaMask, Trust Wallet and soon other Web3 cryptocurrency wallets will be added, making the working process more comfortable for more users.
2\. **Second, you’ll have to fund your account.** Most marketplaces accept ETH tokens, and NFT STARS is no exception. So make sure you’ve already purchased Ethereum through your account on a cryptocurrency exchange and sent it to your marketplace account.
3\. **Buy your favorite NFT.**
Buying an NFT is an easy and comfortable process on the major platforms. Most marketplaces conduct sales using an auction format. So you’ll have to place a bid for the NFT you want to purchase. Some marketplaces operate like an exchange. They use the highest bid and lowest asking price to sell NFTs.
# What is an NFT and how do you store one?
Through NFT STARS, we're opening up the unique world of digital art and non-fungible tokens (NFT) to a greater audience and helping them to navigate the space. But before diving into minting or buying your first NFT, let's sort out the essentials, like what an NFT is, why it is considered a cryptocurrency, how to store one and what tools to use.
### What is an NFT?
NFT stands for Non-Fungible Token, a one-of-a-kind digital asset that is not interchangeable with other similar items. An NFT is present on a blockchain and the token has a unique identifier that holds information about its provenance (it’s ownership history). This data is public and accessible to everyone on the chain. That makes every NFT unique and no two tokens could ever have the same properties.
Beeple's Artwork CROSSROADS\
\
The process of creating an NFT and putting it onto a blockchain is called minting and has almost no limitations. A user can digitize artwork, a piece of music, a video, create a digital ID for a physical item (like real-estate or a fashion item) in order to register ownership rights. To learn more about how to mint an NFT, read our [guide ‘How to create an NFT on NFT STARS’](https://docs.nftstars.app/nft-stars/guides/how-to-create-an-nft-on-nft-stars). Once minted, the token can be freely traded on the crypto market, stored in a collection or even used as collateral on a decentralized lending platform.
### What Does it Mean to Own an NFT?
That’s a big question, considering that anyone on the internet can easily download a video that others have paid $6.6 million for.
Even when it becomes a non-fungible token, the artwork can still freely circulate over the internet, be seen, saved, sent or otherwise used. In buying an NFT, a user doesn’t just purchase the digital representation of the artwork, they’re buying the proof that the ownership rights belong exclusively to them (like the title deeds of a property). Ultimately, the buyer gets a high-resolution digital artwork file and a token that holds information on all the transactions associated with that artwork. Thus, the Contract Address for Beeple's CROSSROADS is 0x12f28e2106ce8fd8464885b80ea865e98b465149 and the Token ID is 100010001.\
\
Digital artists can also create "shares" of their works - NFT fractions. This gives collectors and investors a chance to buy part of an NFT instead of paying millions to own the whole piece. Similarly, a creator can issue a collection of almost identical NFTs, much like collection cards but each would have its own unique identifier.
### Where Does Digital Art Live?
So you've bought an NFT, the next question is, where do you hold it? The image or video isn't stored on the blockchain as such, that would be very expensive to do. The file is usually stored somewhere else online, while the data associated with the underlying content is stored on-chain. The purchased NFT can be stored in wallets that support non-fungible token standards like MetaMask or Trust Wallet. Read [our guide](https://docs.nftstars.app/nft-stars/guides/which-wallet-is-perfect-for-buying-nfts-on-nft-stars) on how to set up a wallet and hold an NFT on it.
# A guide to NFT STARS auctions and drops
NFT STARS offers two options for artists and buyers to sell and buy NFTs on NFT STARS: auctions and drops. In this guide, we are going to explain the difference between the two and how both of them work.
### What is an auction?
NFT STARS will auction NFTs of the works released on NFT STARS. Every auction will be time-limited.
The NFT STARS team and the artists determine the initial value of each NFT. In order to prevail in an auction, you will have to offer the highest bid. The bidder who makes the final bid wins the auction and the NFT is transferred to their wallet. As well as the NFT, users can also receive other gifts, such as the physical copy of the purchased NFT or a meeting with the artist. All these details are covered in each lot's description.
All the NFTs featured in the auctions will be previewed by the NFT STARS team.
### What is a drop?
Anyone who pays the specified price will become the owner of the NFT. In one drop, the artist can sell several copies of their work. The drop will continue until the last NFT is sold.
All NFTs sold in drops will be previewed by the NFT STARS team as well.
Create NFTs and sell them in auctions or drops on NFT STARS! Check [this guide](https://docs.nftstars.app/nft-stars/guides/how-to-create-an-nft-on-nft-stars) to learn how to create an NFT on the platform. An NFT STARS drop is the sale of NFTs at a specified price. Every drop will consist of multiple reproductions of the artwork, each with its own NFT. The quantity of NFT’s and their prices will be set by the artist.
# How the royalty system works
A royalty is a legally binding payment made to an individual or company for the ongoing use of their assets, intellectual or physical. Royalties are also paid to the owners of properties to compensate them when they license out their property to another party. Royalties can provide property owners with a share of revenues received for the use of that property when they license it out to another party.
An example of royalties would be payments issued to musicians for playing their music on the radio, on television, in films and in public places. On the NFT market, artists also receive royalties when their works are sold or used.
When you create a collectible NFT, you can set your own royalties for it. The NFT STARS platform offers artists three royalty options: 10%, 20% and 30%. If your NFT is re-sold by its original buyer, you will get a specified percentage of its resale price. For example, you create and sell your NFT for 1 ETH with 20% royalties. Next, your original buyer sells it for 2 ETH. The royalties you receive will therefore be 0.4 ETH. Each time your NFT is sold, you will receive 20% of the sale price in royalties.
The royalties are paid through a smart contract.
Here is a transaction example:
The above payment happened in the following way:
— 2% went to the address that is listed as a beneficiary on our platform
— 10% went to the artist as royalties
— the rest of the sum went to the NFT seller.
# How and Where to Buy AVAX for Using NFT STARS on Avalanche
To start working with the Avalanche version of the NFT STARS marketplace, users first need to set up their MetaMask wallet and get some AVAX, Avalanche’s native token, in order to pay the transaction fees.
### How to Set Up Your MetaMask Wallet
Log in to your MetaMask wallet and click on the Network drop-down menu. There you will see the 'Select Custom RPC' option, click on it and fill in the following data:
* Network Name: Avalanche Network
* New RPC URL: [https://api.avax.network/ext/bc/C/rpc ]()
* ChainID: 43114
* Symbol: AVAX
* Explorer:
### How to Transfer AVAX Tokens from Your Avalanche Wallet
If you have some AVAX in your [Avalanche Wallet](https://wallet.avax.network/), you can simply transfer them to MetaMask and start minting or buying NFTs on NFT STARS.
For this:
1\. Go to and access your Avalanche Wallet.
2\. Select the "Cross-Chain" button in the left bar.
3\. Choose "C Chain (Contract)" as your destination chain, which is compatible with smart contracts. Make sure you follow this step precisely, otherwise you will not be able to continue using NFT STARS.
4\. Enter the amount and click on the “Confirm” button.
5\. Select “Send”.
6\. Select "C Contract" in the Source Chain tab.
7\. Enter your MetaMask wallet address in the "To Address" field in the Avalanche Wallet.
8\. Confirm and finalize the transaction.
### **How and Where to Buy AVAX Tokens**
If you don't have any AVAX in any wallet, you can purchase it from an exchange. The AVAX token can be purchased from the following exchanges: [Binance](https://www.binance.com/en), [BitMart](https://www.bitmart.com/), [Bitfinex](https://www.bitfinex.com/), [Bitpanda](https://www.bitpanda.com/en), [BtcTurk](https://www.btcturk.com/), [Coinbase](https://www.coinbase.com/), [Coinone](https://coinone.co.kr/), [Complus Network](https://complus.exchange/), [DEX Guru](https://dex.guru/), [Gate.io](https://www.gate.io/en/), [Huobi](https://www.huobi.com/en-us/), [Jelly Swap](https://jelly.market/), [OKEx](https://www.okex.com/), [Okcoin](https://www.okcoin.com/), [Pangolin](https://pangolin.exchange/), [Paribu](https://www.paribu.com/), [Securitize](https://securitize.io/), [Simplex](https://www.simplex.com/), [SushiSwap](https://sushi.com/), [Trader Joe](https://www.traderjoexyz.com/#/home) and [Voyager](https://www.investvoyager.com/).
Here's how it works on the Binance exchange. You have several options:
* If you have some crypto on your Binance wallet, simply choose 'Convert' in the drop-down list that appears when you hover over the 'Trade' menu item. Review the conversion options and choose the best time to conduct the transaction.
* If you're familiar with Binance and how to trade on the spot market, go to the 'Market' tab and search for AVAX pairs.
* If you have only fiat currency, Binance offers the option to buy crypto through a SWIFT bank transfer, credit or debit card, P2P trading and third-party payments. Choose what works best for you and make sure you double-check the list of coins available for purchase. For example, when choosing third-party payments, you can’t purchase AVAX directly. You will need to buy USDT, BUSD or other tokens and then trade them for AVAX.
Once you have AVAX on your Binance account, withdraw the tokens to your wallet.
Check your MetaMask wallet and there you go! Now, you can proceed to the NFT STARS marketplace and make your first transaction on the Avalanche version of the platform.
While trading on centralized exchanges, always check the withdrawal rules. Some exchanges require you to pass a KYC procedure, others impose limits on withdrawals for users avoiding KYC. The average cost of minting an NFT on the Avalanche network is 0.0005 AVAX, an amount that complies with any threshold.
Remember that trading on decentralized exchanges like [SushiSwap](https://app.sushi.com/swap) requires some crypto. But if you have some, it's a simple matter of a few of clicks.
# How to get MILK2 for NFTS tokens
As you may already know, the [NFTS token](https://docs.nftstars.app/nft-stars/native-token-nfts) will play a major role in the NFT STARS ecosystem.
This governance token will be the fuel that powers the DAO NFT community (for voting and selecting artists).
Moreover, owning a certain amount of NFTS tokens ensures your eligibility for NFT discounts.
See all the benefits of owning the NFTS token in our [detailed GitBook](https://docs.nftstars.app/nft-stars/) pages.
You can buy and sell NFTS too. But that’s not all. You can also get MILK2, SpaceSwap’s native token, for NFTS!
NFT STARS is one of SpaceSwap’s sister projects. The development team supports this promising new NFT project all the way and has developed an easy-to-use ecosystem in which artists and users can both gain mutual profit and joy.
### What is SpaceSwap?
SpaceSwap is a unique aggregator that aims to unite the most popular DeFi protocols in a one-stop-station. Starting out as a classic yield-farming service in September 2020, the platform raised itself to a whole new level when it invented Shadow Staking/Farming technology - a revolutionary solution that enables users to stake LP tokens without ever removing them from their wallets, using a one time contract interaction. Safe, fast, cheap.
### What is MILK2?
MILK2 is the native token of the SpaceSwap platform. You can earn this coin by participating in the [Interstellar](https://spaceswap.app/products) pools on the official SpaceSwap site. Now, you can do it on the BSC network too, with the help of the NFTS token!
MILK2 is distributed according to the multiplier scheme provided by [the SpaceSwap voting system](https://snapshot.page/#/spaceswap).
### How to get MILK2 for NFTS tokens
1\. Install a crypto wallet.
2\. [Go to PancakeSwap](https://exchange.pancakeswap.finance/#/swap?outputCurrency=0x08037036451c768465369431da5c671ad9b37dbc) to buy NFTS.
3\. Here you’ll see a notification about accepting all the details. Click ‘I accept’ and ‘Import’.
4\. Click on ‘Connect’ to connect your wallet.
5\. Choose the wallet you’ve already installed.
6\. Make sure you’ve switched the network to BSC.
7\. To attach your wallet to Binance Smart Chain,
open your wallet and go to the ‘Settings’ menu.
8\. Choose the ‘Networks’ section.
9\. Click on ‘Add network’.
10\. Fill in the form according to the data given below:
Main BSC
Name of the chain: Smart Chain
New RPC URL:
ID of the chain: 56
Symbol: BNB
URL block explorer: [https://bscscan.com](https://bscscan.com/)\
\
11\. Now you can choose Binance Smart Chain by switching the chain in the section above.
12\. Choose the number of wallets you want to swap.
13\. Click on the ‘Swap’ button.
14\. Wait for confirmation and check all the details in the pop-up window carefully.
15\. Confirm the swap in your wallet.
16\. You will get a notification about the submitted transaction.
17\. Now go to the [SpaceSwap official site](https://spaceswap.app/).
18\. To get the LP tokens, you need to stake NFTS with MILK2 or BNB.
NB! Liquidity Pools are a development of Decentralized Finance (DeFi) that facilitates trading on Decentralized Exchanges (DEX) and provides liquidity by collecting funds locked in a smart contract.
19\. Go to the [SpaceSwap Interstellar page](https://spaceswap.app/pools/interstellar) on BSC.
20\. Click on ‘Add Liquidity’.
21\. Choose the correct amount of NFTS and MILK2/BNB, then click on ‘Approve NFTS’.
22\. Confirm the transaction in your wallet.
23\. As soon as the transaction is confirmed, you can click on ‘Supply’.
24\. Check all the details carefully before confirming the supply.
25\. Confirm the supply in your wallet.
26\. Check the number of LPs in the pool below.
27\. Now go to [the SpaceSwap Interstellar section](https://spaceswap.app/pools/interstellar) again and check on your easily earned LPs.
28\. Go back to [PancakeSwap](https://exchange.pancakeswap.finance/#/pool) and open the ‘Liquidity’ section. Here you’ll see your staked coins and the pool you’ve chosen.
That’s it! We hope this manual helps you earn a cool profit and makes your investment experience as comfortable as possible.
The NFT STARS team wishes you all the best and happy investments!
# How to buy ETH
Ether is the transactional token that is responsible for all the operations on the Ethereum network. All the processes implemented within this ecosystem require computing power, [which must be paid for](https://docs.nftstars.app/nft-stars/guides/what-is-gas). ETH is the form of payment for network participants. With the help of this coin, they can execute operations on the network.
In fact, Ether is the fuel of the Ethereum blockchain. It is more than just a cryptocurrency. Ether tracks and facilitates all transactions in the network. This procedure differs from all other processes connected with a standard cryptocurrency.
Ethereum technology uses blockchain development to make third-party internet companies the basis of its ecosystem. A blockchain is a unique type of database. Here, data is stored in blocks that are chained together. The chronological order of these blocks was originally used to record Bitcoin transactions. Today, it provides the foundation for most major cryptocurrencies.
### The main ways to buy ETH
There are in fact three major ways to buy the Ethereum network’s native cryptocurrency:
* Centralized exchanges (CEXs)
* Decentralized exchanges (DEXs)
* Wallets
### Purchasing ETH via a wallet
Most major Web3 wallets offer the option of buying ETH.
1\. MetaMask has Wyre technology, allowing you to buy ETH. All you have to do is just push the ‘buy’ button in the extension and it will take you to the ‘Continue to Wyre’ service.
Here you can choose any fiat to ETH exchange and select a payment method that includes Apple Pay. Wyre charges a standard transaction fee for all exchanges.
2\. Trust Wallet gives you the option to purchase a minimum $50 and up to $20,000 (USD) worth of Ethereum using a credit card.
Just enter the amount you want to buy, click on ‘Continue’ and complete the payment.
### 5 steps to buy ETH on an exchange
If you choose a centralized or decentralized exchange, you should stick to some essential steps that precede the buying procedure.
**1. Identify the platform for trading**
First, you need to choose the best platform for your needs. There are some top-notch exchanges out there that offer the option to buy ETH: Coinbase, Kraken, Bitstamp, Gemini, Binance and Bitfinex.
It is also important to take the type of the platform into consideration.
Cryptocurrency trading platforms can be either fiat exchanges or cryptocurrency to cryptocurrency exchanges (C2C). Investors can also easily trade Ethereum on fiat exchanges.
**2. Create an account**
After you have chosen the best platform for your needs, the next step is to open an account. It is similar to opening an account on a brokerage platform. An ordinary exchange requires users to answer a series of questions, including the provision of your name, address, social security number, special ID forms and other standard documents.
Then you’ll need to verify your account. Usually exchanges offer several options to do that.
You will likely need to upload some documents to verify your identity. The verification may take from 30 minutes to a day or two, depending on the exchange.
**3. Deposit currency**
The next step is to deposit some currency into your account. If you deposit fiat, then you just need to verify your payment info. Before that, simply add money through your bank account or debit card. Usually there is no minimum threshold for investments on cryptocurrency exchanges, so you can invest as little as $3 or as much as $10,000 or more.
However, if you want to deposit currency on a C2C exchange, this can be a little bit more difficult. In this case, you’ll have to send cryptocurrency by code from one location to another. The transfer may take from 10 minutes to 1 hour at the most.
**4. Start trading**
Now that your account is verified, you can start the trading process. When you start purchasing ETH, be prepared to confirm your transactions and to allow for the processing time. The latter may depend on the total number of transactions requested.
**5. Withdraw ETH**
After the purchase, you are free to withdraw ETH to your bank account or a wallet. If you are registered on a fiat exchange, you can freely withdraw the currency into your bank account or a wallet. C2C platforms take a longer amount of time. Here you’ll need to code transfer your ETH to a fiat exchange and then sell to cash out.
Almost all platforms offer the option to send ETH to a wallet.
However, you should take into account that it’s not the best idea to store large amounts of money on exchanges for a long time. Hackers’ attacks are common in this sphere, so it is always better to send your ETH to a wallet after you bought it on a centralized or decentralized exchange.
To date, [there are a lot of wallets to choose from](https://docs.nftstars.app/nft-stars/guides/which-wallet-is-perfect-for-buying-nfts-on-nft-stars), ranging from online ‘hot’ wallets to physical ones, also known as ‘cold’ wallets. You can start looking for a proper wallet for your needs on Ethereum.org. Just choose the ‘find a wallet’ feature that filters wallets based on your specific preferences.
NB! For purchases on NFT STARS, you’ll need to upload ETH on your Metamask or other platform-compatible wallets!
# What is Gas?
## What is Gas?
The term ‘gas’ refers to the fee that is incurred when executing a transaction on the Ethereum, Binance Smart Chain, Avalanche and other platform-type blockchains.
This money goes directly to the miners who are the major source of computing power. Miners are necessary for verifying transactions and keeping the network functioning.
Here we review the gas function within the Ethereum blockchain.
ETH is the petrol needed to fuel all your financial procedures. Each time you make a transaction, you have to pay a gas fee. The same applies when you place a bid, settle an NFT you may have won in an auction or when sending it to another wallet.
Gas becomes expensive when the Ethereum network is overloaded. However, developers are currently working on solving this problem.
If you want to ensure your transaction is completed quickly, you’ll need to set a high gas fee. But if the network is too busy, your transaction could fail. If you prefer, you can wait until the gas price goes down before initiating a transaction. You can also submit your ideal price and wait until the network processes it. Follow to check the current gas prices.
### Why is gas so expensive?
Sometimes the Ethereum network experiences a huge volume of transactions. 1 block in this ecosystem may include only a limited number of transactions. High gas fees depend on the current supply and demand. Thus, miners are incentivized to accept transactions offering higher fees.
### To be or not to be: how to deal with gas fees
There are always two options: to accept the high gas fee or not. When you are executing a transaction in your wallet, you’re given three options regarding the price and speed you want. You should take into account that when choosing the lowest gas price, your transaction will take the longest amount of time to complete.
You can make your transaction go faster by paying a higher gas fee. When the transaction order is created in your wallet, click on the ‘Speed Up’ button. That’s how to re-submit the same transaction with a higher fee in order for it to be processed quicker.
If you want to cancel a transaction, click on the ‘Cancel’ button. You should bear in mind that this can only be done if the transaction is still pending. If the transaction is cancelled or it fails, you still have to pay the gas fee to the Ethereum network.
# A guide to NFT STARS types of sales
NFT STARS offers artists and buyers the means to sell and buy NFTs on its platform, either through its marketplace or via a drop. In this guide, we will explain the difference between NFTs at a fixed price, NFT auctions and tell you all about drops.
### What are NFTs at a fixed price?
Artists can add their NFTs to the NFT STARS marketplace and choose a fixed price for them. The quantity of NFT’s and their prices will be set by the artist. Anyone who pays the specified price will become the owner of the NFT. Check this [guide](https://docs.nftstars.app/nft-stars/guides/how-to-buy-nfts-on-nft-stars) to learn how to buy NFTs on the NFT STARS marketplace.
### What is an auction?
NFT STARS auctions are sales in which NFTs are sold to the highest bidder. Both stars and premium users can sell their artwork through an auction.
The NFT STARS team and the artists determine the initial value of each NFT. In order to prevail in an auction, you will have to offer the highest bid. The bidder who makes the final bid wins the auction and the NFT is transferred to their wallet.
As well as the NFT, users can also receive other gifts, such as the physical copy of the purchased NFT or a meeting with the artist. All these details are covered in each lot's description.
All the auctions can be found on our [main page](https://nftstars.app/) (just for stars, no more than 3 auctions per day), on the [auctions page](https://nftstars.app/en/auctions/) and in our [marketplace](https://nftstars.app/en/marketplace/). All the NFTs featured in the auctions will be previewed by the NFT STARS team.
### What are the NFT STARS drops?
An NFT STARS drop is an exclusive offer to sell NFTs. All NFTs sold in drops will be previewed by the NFT STARS team. Only stars and users with premium accounts who we extend a drop offer to will be able to sell their artwork in this way. The main criteria for making a drop offer to select artists are the artist’s talent and a large community.
During the drop, artists can sell their NFTs at a fixed price or through auction. Every drop for fixed price NFTs will consist of multiple reproductions of the artwork, each with its own NFT. Such a drop will continue until the last NFT is sold. NFT STARS will also auction some of the NFTs released on NFT STARS. Every auction will be time-limited.
You can find all the NFTs chosen for drops on our [main page](https://nftstars.app/), on the [drops page](https://nftstars.app/en/drops/) and in our [marketplace](https://nftstars.app/en/marketplace/). If you see a countdown in our marketplace, then the drop has not started yet. If you see the price, then the drop is ongoing. All previews of drops on the marketplace are highlighted in yellow.
Create NFTs and sell them on the NFT STARS marketplace! Check this [guide](https://docs.nftstars.app/nft-stars/guides/how-to-create-an-nft-on-nft-stars) to learn how to create an NFT on the platform.\
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