Cardstarter will launch the ITSMYNE collectibles platform IDO
CardStarter, the world’s premier incubator, launchpad, and insurance program for Cardano projects, will launch the IDO for ITSMYNE, a social platform where retail users, regardless of previous crypto experience, can buy officially licensed digital collectibles directly from athletes, sports teams, movie stars, and production studios. ITSMYNE will initially launch as a sports-only platform with movie and cinema-related partnerships with other applications.
NFT volume has exploded over the previous year. However, ITSMYNE estimates a few hundred thousand users are left out of the world of cinema and sports digital collectibles due to persistent issues with the overall NFT experience. The solution, according to ITSMYNE, is a community-oriented platform to collect and trade NFTs that is easy to use for both buyers and creators. The community aspect is a key focus; ITSMYNE is not just a marketplace but a forum for curated fans of cinema and sports to discuss their favorite topics.
ITSMYNE will offer officially licensed digital collectibles from film and cinema, movie stars, production houses, sports events, individual athletes, teams, and leagues. A mobile-first product, ITSMYNE will start with native apps on iOS and Android, and later offer a web app version. ITSMYNE uses a freemium revenue model: listing is free, with a 10% fee paid by the creator for primary sales, and a 1% fee for secondary sales.
“ITSMYNE is pursuing an innovative blue ocean opportunity called NFTs-as-a-Service (NaaS). The primary focus of this strategy will be to allow the easy, scalable, and highly monetizable onboarding of the greatest brands, teams, influencers, athletes, stars, and production houses from the world of cinema and sports.”
Features for creators include personalized onboarding and auto-split of earnings. Users will enjoy features such as an incentivized community of experts and enthusiasts, an inclusive multi-currency platform accessible with fiat or crypto, and access to premium collectibles. All of these will be available on a user-friendly platform where knowledge of cryptocurrencies and blockchain technology are not required.
“Cardstarter is proud to bring a promising project to the social token economy. ITMYNE serves a valuable niche that will eventually serve as the gateway between traditional social media and blockchain based social economies.” ~ Aatash Amir, CEO Cardstarter
About ITSMYNE
“We believe the collective forward momentum of the entire NFT industry can be accelerated by tapping into the value held by premium IPs, especially in cinema and sports. These are industries with highly engaged but yet-untapped audiences and consequently lack the collective ecosystem that a motivated community can bring.
In short, we see ourselves as a hybrid between Reddit and NBA Top Shot for sports beyond basketball, including the world of cinema. We’re doing this because there exists a proven overlap of potential users whom we can onboard, engage, and retain.”
ITSMYNE is backed by LongHash Ventures, HYPE Sports Innovation, Protocol Labs, NEAR, Celo Camp, and Antler. It is built with technology from Filecoin, NEAR, React, Tangany, Bitbns, and MoonPay.
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About CardStarter
CardStarter is the first incubator, launchpad and insurance program for projects being built on the Cardano network. The CARDS platform is a unique and dynamic launchpad, connecting projects to early supporters and a network of key partners. The Cards Accelerator Program (CAP) team works with each project individually to establish the right connections and map marketing strategies, establishing the foundation for long-term success.
CardStarter is also differentiated by its charge to protect its supporters. CARDS provides unbiased third-party audits of every project’s code and protects IDO participants with an in-house insurance program. CardStarter is proudly partnered with X21 Digital, BlockSync Ventures, Moonwhale Ventures, Genesis Shards, Plethori, Fractal, PARSIQ, Scryptic Tech and Longtail Financial. Once fully built, CardStarter will be an all-inclusive platform with a decentralized exchange to complement the current offerings. CardStarter also aims to be a nurturing force in the Cardano ecosystem, with hackathons and project development support being a major focus of the roadmap.