WTF is Manga Token?
Manga is one of the most popular types of graphic novel in the world. It has gained popularity over the years and continues to set new records.
Due to the interest in manga, there has been a constant desire for collectibles. This is something that has always been the case and it starts with something as simple as the graphic novels themselves with different editions.
While that continues to happen, blockchain technology has kicked things up a few notches. This comes in the form of manga NFTs being sold on the marketplace. The goal is to allow collectors to get their hands on rare pieces that are only owned by them and fully verified by a blockchain.
This is where the Trophee project comes into the equation.
The project aims to be the provider of these manga NFTs with the help of a comprehensive blockchain setup. For those eager to participate, it's important to understand the team's vision behind this project and why it stands out in comparison to other options.
Here is a detailed look at what Trophee is all about and how it works.
What is Trophee?
The idea came to fruition when the team behind this project noticed the interest in manga. There was noticeable demand and no way of collecting rare items. There were scams out there and that is why NFTs came into action.
Trophee wanted to create a specialized marketplace only for manga NFTs. It would become a one-stop solution for collectors to join and make the most of while adding to their collections. With this in their mind, the team began to craft a full-fledged vision for a complete NFT marketplace.
Trophee is the solution for those who want to buy NFTs in one place. Manga NFTs are all about collecting and this can be done by using the manga token. This token allows users to go onto the marketplace, look through the different items, and choose the one they like.
It is a simple marketplace and one that is designed to keep things as organized as possible. This includes offering detailed information on each NFT along with its verification.
In the world of collectibles, Trophee aims to stand out for manga lovers.
What makes Trophee exciting?
A common question that tends to arise involves the project and what makes it exciting. What is the reason for so many people talking about Trophee and why does it continue to stand out?
The main reason has to do with nothing else being out there in the same marketplace. Those who want to get their hands on high-grade manga NFTs will want to come through Trophee. It's a simple solution and one that works.
It is also how the entire platform has come together that makes it interesting.
They are going above and beyond when it comes to manga NFTs. This includes how they are bought, how the token mechanism works, and how quickly it happens.
They are also taking the time to go through and use machine learning for managing data. This means whenever there is an NFT that is going to be evaluated, it is machine learning that will make sure it is done the right way. This allows for a more transparent, legitimate setup that is in line with what blockchain technology has to offer.
Trophee is also exciting due to its emphasis on having a gamification board. This means those who have manga tokens in their possession will have the ability to collect specific NFT rewards. These rewards are going to come through the main platform allowing users to show their loyalty by keeping the network running. It's the best way to scale the platform.
They have also spent a lot of time working on the finer details including how the manga content is sourced. This is going to be fully localized as time goes on and it is then distributed to the international market. This type of growth is entertaining and great for manga enthusiasts.
Another reason that continues to appeal to those who want to get into manga NFTs has to do with the reading platform. They have an all-encompassing digital manga reading platform that makes it easier than ever before to go through the different pieces. This includes being able to work as community translators and go through the reading platform with new content.
Trophee also plans to take the time to set up manga projects through the initial DEX offering. This ensures any manga-related project that comes through the platform will be offered up to token holders. This allows for a seamless process that is in line with what token holders required.
It is these reasons that make the Trophee platform such an intriguing addition to the world of NFTs. More and more people are starting to lean towards picking up manga NFTs because they are wildly popular and are ideal for collecting purposes.
What is the Manga Token Model?
A question that is important when it comes to any similar project has to do with the ecosystem. There has to be a robust token model for NFTs to go through the marketplace and remain verified.
Trophee has spent a considerable amount of time going through this information to ensure it is ironclad. This includes how the system is verified, how the community works, and which token is used.
In this case, there are two types of fees - commissions and transactional fees.
The transactional fees are going to involve the buyer going onto the marketplace and paying a set amount. These fees happen every time the transaction is completed and the payment is made using Manga tokens. It is important to note these fees are applied at a 0.15% rate compared to the NFT price. However, those who are paying with USDT are going to get a rate of 0.3%. This includes all other currencies as well due to the fees associated with doing so.
The secondary part of the token model has to do with commissions.
Commissions are paid to the author of the NFT as they are also going to be selling work on the platform. The commission is going to be charged to sellers in the coming transactions. This means if a creator puts up an NFT for $100, they are going to get a $10 commission (10%). The seller is only going to get 90% of the price while the creator will get 10% every time.
It is also important to remember, a buyer can only pick up 1 NFT at a time.
Who is the Team behind Trophee?
The team is an integral part of what makes Trophee a legitimate contender in the world of manga NFTs.
1. Elvin Li (CEO)
2. Young Shin (CFO)
3. Simon KC Lee (Financial Advisor)
4. Hiroaki Ikegami (Mangaka Outreach Advisor)
This is a powerhouse team and one that has continued to grow leaps and bounds in the past few years. They have a foothold in the manga market and are well-versed in what works and what doesn't.
It is this commitment as a team that allows them to shine as the project grows.
Who are the VCs funding Trophee?
Trophee has significant investment from the following funds: DVG Capital, Polybius Capital, CryptoProp, Exnetwork Capital, GRS Research, Dreamcore, Black Dragon, Oracles Investment Group, Leos Ventures and SMO Capital.
1. 2359 Media: This is Trophee's platform development partner. They are focused on helping take the manga NFT platform to the next level through a complete consultancy setup. This includes guiding the business on design, innovation, tech, and more.
2. SOZO Comics: SOZO Comics is a key investor for Trophee as they are a renowned digital comic publisher. They are focused on setting up work with Japanese comic authors are act as a way for those authors to get their work shown in the form of NFTs.
This partnership is going to prove to be a fruitful one due to their connections.
3. Super Genius Games: This is Trophee's community engagement partner. They are responsible for helping with game publishing and have put up titles such as Legend of 100 Heroes and Twelve Sky 2.
How to participate in the Manga Token Community & Trophee Platform?
If you are someone that is thinking about buying a manga NFT or want to start getting your hands on the tokens, it is best to start with the main website.
Anyone that is thinking about getting the tokens can do so on https://www.mangatoken.org/. When the token releases, it is going to be launched through the website.
This is an easy way to remain aware of when the tokens are going to come out and how to get started with the marketplace. This is going to be a growing marketplace and one that should have a long list of high-grade manga NFTs on display.
Take the time to make sure you have the funds ready and go from there. This is the best way to ensure things are handled the way they need to and you get enough tokens to make a purchase later on.
$MANGA utility token provides liquidity for the #DigitalManga community 📢— Manga Token Official (@manga_token) August 25, 2021
✅ Manga fans will be able to purchase authentic #mangaNFTs from the original #mangaartists
✅ Manga fans can buy #NFTs at 0% transaction fees
✅ Manga fans can earn $manga by #staking their tokens pic.twitter.com/3IKzTCmtDN
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