Metis Launches The First-Ever Community-Minted NFT, “Rebuilding The Tower Of Babel”

Metis
4 min readApr 21, 2021

TORONTO, CANADA / ACCESSWIRE / April 21, 2021 11:00 AM ET — Metis, the project focusing on developing technical and organizational infrastructure for the Web 3.0 economy, presents the first-ever community-minted *Non-Fungible Token (NFT). Known as “Rebuilding the Tower of Babel”, this community-minted NFT will bring people together to create a versatile community. Once the NFT is minted, it will be auctioned on the NFT marketplace OpenSea, with all proceeds shared3 among contributors.

By introducing the first-ever community-minted Non-Fungible Token, Metis will create a very different spin on the fast-growing NFT industry. Bringing together a community of incentivized contributors to partake in the “Rebuilding the Tower of Babel” project shows the versatility of NFT activities.

Interested users can sign up and form their own Tribes at Tribe.MetisDAO.org.

The entire event will span five steps: Reserve Airdrop, Claim Tribe NFT, Community NFT minting, Auction, and Rewards.

Everyone who participates in the airdrop phase can unveil a mystery box displaying three cards. Every participant gets one choice to pick a card, which will have a reward attached to it. The vast majority of rewards are keys granting 1x mining power. A few lucky users will receive a key with 3x mining power. This mining power depicts the pace at which users can mine Metis Tokens in the incentive pool, which goes live after the community NFT-minting event is finished. Users will also receive the option to create a Tribe on the blockchain and receive Metis tokens as an airdrop incentive.

The purpose of these Tribes is to increase mining power for the incentive pool. Referring friends and other members will increase a Tribe’s Trust, while the referred user receives Metis Tokens as the incentive. The higher a Tribe’s Trust, the higher the mining power will become. Every Tribe can hold a maximum of 15 people, creating a fair and transparent playing field for all participants.

As the airdrop phase lasts for up to five days, community participation will be essential. Following the airdrop, the community NFT-minting event will mint a large piece of NFT artwork, known as “Rebuilding the Tower of…

--

--