Rules for Participation in the APENFT Marketplace TRON101 Project

As the world’s first art fund that realizes cross-collecting and provides access for traditional artists to the NFT market, APENFT aspires to establish a better NFT market through funding and supporting ecosystems, in a bid to encourage more outstanding, innovative NFT development teams to deploy their projects on TRON for wider adoption.

Driven by this ambition, APENFT Marketplace kicked off the grand Developer Sprint on April 6. As the event has successfully concluded, APENFT Marketplace is now into the MainNet stage. The platform will soon launch the TRON101 project to develop a richer NFT ecosystem, bringing more original, high-quality projects onboard and facilitating development teams to kick off their businesses.

The TRON101 project is divided into two phases: project screening and project support, with a bonus pool totaling U.S. $90,000,000. Detailed rules for rewards in the screening stage are as followed:

I. Launch Date: June 15, 2022

II. Project Screening Criteria

1. Product Design

a. The project follows the latest industry trend with the potential to be a hit;

b. The project is developed by a team of skilled and productive creators;

c. The project is mature and aesthetically attractive;

d. The team has a number of ready-to-go products.

2. Community & Social Media Operations

a. The team has full-fledged communities and social media accounts;

b. The team has outstanding community and social media operation skills.

3. Development Capacity

a. The team is capable of coding the project independently;

b. The team is capable of completing code to a good standard within a short development cycle.

III. Project Assessment Criteria

1. The project is completed and meets all the entrance requirements

2. The project website is completed

3. The NFT smart contracts are deployed

4. Criteria for community/social media:

(1) Community:

a. Over 1,000 followers in total;

b. Over 300 weekly active users.

(2) Social media:

a. Over 2,000 followers of the official Twitter account;

b. Original tweets (related to project progress): at least 3 tweets per week;

c. Interaction with APENFT’s official account: at least 1 retweet of APENFT’s official Twitter account per week.

5. After launching on the MainNet, the project needs to mint at least 20 NFTs in its collection.

6. The project team offers at least two suggestions or comments on how to improve the user experience to APENFT

Note: Projects that have participated in the APENFT Marketplace Developer Sprint and have received rewards no longer qualify for the screening stage of the TRON 101 project.

IⅤ. Reward Scheme

V. How to Apply

You can either go to the APENFT Marketplace website (apenft.io) and fill in the information on the “TRON101 Project” page or visit https://forms.gle/1YjbuyXmWnmDo5fE6 to fill in the information and follow the instructions to apply.

VI. Reward Distribution: Teams will be rewarded based on their performance against the assessment criteria. Each team may receive no more than $20,000 in the screening stage.

VII. In the support stage, the platform will provide funding or increase exposure for winning projects based on their progress and advantages.

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http://apenft.org

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