JPG Store is the #1 Cardano NFT marketplace to buy and sell NFTs using smart contracts.

An NFT marketplace for your favorite file types - JPGs, PNGs, SVGs and more! We're proud to be based on the Cardano blockchain, a cryptocurrency with the mission of providing financial infrastructure for the unbanked. We hope that by continuing to innovate and bring new functionality to the CNFT space, we can help to move Cardano forward and support the community's novel humanitarian efforts.

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Genius Yield continues to move forward with our community. To reward our community, in December 2022 we introduced the <a href="https://geniusyield.medium.com/introducing-the-genius-yield-staking-dapp-acdee47f753e">Genius Yield Staking Program</a>, allowing GENS holders to participate in the Genius Yield platform by staking their tokens and receiving a fixed APY of GENS rewards. This program has been a success with over 20 million GENS staked and around 2.5 million GENS claimed as rewards.TL;DR<ul><li>Locked staking — the possibility to create a staking vault with fixed APY on GENS ends April 28th, 2024</li><li>Fixed APY on GENS is replaced with reward multipliers on DEX fees rewards, starting May 3rd, 2024</li><li>Between the 29th of April and the 2nd of May, 2024, harvesting, unstaking, and creating new staking vaults will be halted, due to migration between the old and new staking system</li><li>An additional 1.5M GENS is added to the GENS Staking Program, starting May 3rd, 2024</li><li>Flex staking is introduced, starting May 3rd, 2024</li><li>Genius and Mascot NFTs utilities remain unchanged. NFTs staking will be available until December 31st, 2025</li></ul>In January 2024, the <a href="https://twitter.com/GeniusyieldO/status/1753118993156813248?s=20">DEX Fee Sharing Program</a> was launched, allowing GENS stakers to claim 20% of fees generated by the DEX. DEX fee sharing represents a key milestone of the Genius Yield platform and a unique utility of the GENS token, allowing GENS stakers to collect dozens of different tokens that are traded on the DEX. The DEX Fee Sharing Program also creates long-term sustainability for GENS stakers, where GENS stakers’ rewards are linked with the use of Genius Yield’s DEX.<h1 style="margin-left:0px;">Transition to V2 GENS Staking Program</h1>With the introduction of the DEX Fee Sharing Program, we will begin to phase out the fixed APY in the GENS reward option.Fixed APY rewards in GENS will end at 23:59:59 UTC on April 28th, 2024.Starting May 3rd, 2024, rewards will only be based on the DEX Fee Sharing Program. To smooth this transition, an additional 1.5 million GENS will be allocated to GENS stakers on a declining supply curve using a methodology similar to Cardano’s mechanism that is used to reward those who stake their ADA to stake pools. Cardano pays staking rewards from two sources, ADA reserves and Cardano transaction fees. Reserves gradually decline as a greater share of the rewards comes from growing transaction fees caused by the increasing adoption of the Cardano blockchain. We will deploy a very similar mechanism to gradually phase out GENS rewards with a growing share of the rewards coming from growing DEX fees as more users utilize Genius Yield’s DEX.<h1 style="margin-left:0px;">Flex Staking</h1>Based on popular demand, we are introducing a Flex Staking option for GENS stakers! With flex staking, your GENS are never locked, allowing you to employ more sophisticated trading or DeFi strategies with your GENS.Check the details below.<h1 style="margin-left:0px;">Merging GENS Staking and DEX Fee Sharing Programs</h1>On May 3rd, 2024, the GENS Staking Program will effectively be merged with the DEX Fee Sharing Program, allowing GENS holders to choose between various staking options and APY amplification opportunities.With an additional 1.5M GENS allocated, the V2 GENS Staking Program not only adds more flexibility, but also creates a unique opportunity to earn even more rewards passively!Depending on the option chosen, GENS stakers will be eligible to do:1. Flex Staking:<ul><li>Participate in the DEX Fee Sharing Program: earn part of the 20% fees collected by the DEX</li><li>Participate in Tier 2 of the Accelerated Yield Program (additional conditions apply, please check the details <a href="https://geniusyield.medium.com/accelerated-yield-is-coming-to-genius-yields-dex-d0b4e60a2508">here</a>)</li><li>Utilize your Genius NFTs and Mascot NFTs</li></ul>2. Locked Staking:<ul><li>Participate in the DEX Fee Sharing Program: earn part of the 20% fees collected by the DEX AND receive additional yield amplification — details in the table below</li><li>Participate in Tier 2 of the Accelerated Yield Program (additional conditions apply, as above)</li><li>Utilize your Genius NFTs and Mascot NFTs</li></ul>GENS Locked Yield Staking Vaults<img class="image_resized" style="width:680px;" src="https://miro.medium.com/v2/resize:fit:1400/1*iH2tikwouOS6Olevz-mudg.png" alt="" loading="lazy">APR: A rolling 30-day APR will be computed using the last 30 days of GENS stakers’ rewards.The longer you stake, the more DEX Fee rewards you’ll receive.Below is an example:<ol><li>ADA rewards for periodₙ from DEX Fees = 1,000.0</li><li>GENS rewards for periodₙ from DEX Fees = 3,000.0</li></ol><img class="image_resized" style="width:680px;" src="https://miro.medium.com/v2/resize:fit:1400/1*pkVB5L1e81wCAQWR1m9osQ.png" alt="" loading="lazy">Rewards numbers are rounded.<h1 style="margin-left:0px;">Future of Genius NFTs and Mascot NFTs</h1>Genius Yield’s <a href="https://www.jpg.store/collection/geniusnfts">Genius NFTs</a> and <a href="https://www.jpg.store/collection/geniusyieldmascotcontest">Mascot NFTs</a> are utility NFTs offered to the community that allows GENS stakers to access <a href="https://docs.geniusyield.co/staking-dapp/staking-dapp-features">increased GENS APYs</a> between 2% to 6% for up to a year. In keeping with our promise to the community that these NFTs could be utilized for up to three years, both Genius and Mascot NFTs APY boosters can be used when staked until 23:59:59 UTC on December 31, 2025.When exercised, each NFT will receive its additional GENS-specific APY for one year or the remaining days of utility available. To check an NFT’s remaining days of utility, copy and paste the NFT’s Fingerprint / Asset ID <a href="https://app.geniusyield.co/earn">here</a>.Key Points:<ol><li>Starting at 00:00:00 UTC on January 1, 2026, you will no longer be able to stake your Genius or Mascot NFT — For example, a GENS holder stakes their Genius NFT in August 2025 to the six-month vault to get a 2% APY in GENS. In February 2026, the GENS staker decides to claim their GENS rewards and unstake their GENS and Genius NFT. After checking the <a href="https://app.geniusyield.co/earn">remaining days of utility</a>, the GENS staker sees there is six months left of utility to receive a 2% APY in GENS. In this scenario, the staker will not be able to stake their Genius NFT anymore because the deadline to stake the Genius NFTs, 23:59:59 UTC on December 31, 2025, has passed.</li><li>As long as you stake before the deadline, you can receive the maximum time remaining on your Genius or Mascot NFT — For example, on December 30, 2025, a GENS holder decides to stake his GENS with a Genius NFT. As their Genius NFT has never been staked and has a full year of utility available, the GENS holder selects the 12-month vault. In this scenario, the staker will be able to stake their Genius NFT and receive 12 months of a 2% APY in GENS. Since the Genius NFT was exercised before the deadline, the GENS staker can get the full 12-month utility time of the APY boost by selecting the appropriate staking vault.</li><li>Rewards for the Genius and Mascot NFT will be in GENS — If staked before the deadline, the 2% to 6% APY rewards will be in GENS. GENS stakers who stake their NFTs will have the benefit of getting DEX Fee sharing rewards and GENS rewards simultaneously.</li></ol>Thank you for unwavering support and we look forward to the future where the community continues to get more utility through the Genius Yield platform.Visit our social links below:<a href="https://www.geniusyield.co/">Website</a> | <a href="https://app.geniusyield.co/">DeFi Platform</a> | <a href="https://t.me/geniusyield_official">Telegram</a>| <a href="https://discord.gg/TNHf4fs626">Discord</a> | <a href="https://geniusyield.medium.com/">Medium</a> | <a href="https://twitter.com/GeniusyieldO">Twitter</a> | <a href="https://www.reddit.com/r/Genius_Yield/">Reddit</a> | <a href="https://www.youtube.com/channel/UC0Lw_flS1WokWYH9ZHIQv2g">YouTube</a> | <a href="https://instagram.com/genius_yield_official">Instagram</a> | <a href="https://github.com/geniusyield/">GitHub</a>&nbsp; &nbsp;

Genius Yield

Announcing the New V2 GENS Staking Program

We’re thrilled to bring you the latest edition of our development update as we continue to forge ahead on our mission to revolutionize prediction markets on the Cardano blockchain.One of our key focuses for this year is expanding our development team.And to that effect, we added two new talents to our team, seasoned Cardano developers who have worked with couple of prominent Cardano projects, bringing fresh perspectives and expertise to our project. We also had one of our earliest investors joining our team and we also onboarded a dedicated moderator.With their skills and experience, we’re confident in our ability to tackle complex challenges and push the boundaries of innovation within the Cardano ecosystem.Expansion PlansBut we’re not stopping there. In the coming weeks, we’re planning to onboard more creatives to further strengthen our team.These new additions will bring diverse skill sets and perspectives, enabling us to accelerate development and deliver even more value to our community.Streamlining Community ManagementIn addition to expanding our development team, we’ve also recognized the importance of effective community management.That’s why we’ve onboarded a dedicated moderator to help streamline communication, resolve issues, and foster a positive and engaging environment within our community.If you have been on our discord, you must have noticed him, are you yet to join our discord, you can do so <a href="https://discord.gg/zwPfBRGDEu">here</a>.By providing dedicated support and assistance to our users, we’re committed to ensuring that everyone in our community has a seamless experience when interacting Foreon Network social communities.In addition, we’re excited to share some significant technical developments and enhancements that will further elevate the Foreon Network ecosystem.Improvements to Market CreationCurrently, markets can only be created via a Discord Channel.Creating markets on Foreon Network is about to get even easier as Our team is hard at work developing a user-friendly graphic UI for market creation, making it simpler than ever for users to participate in our prediction markets.In addition to the UI enhancements, we’re addressing issues related to transaction fees and failures during market creation.Our goal is to ensure a seamless experience for users, eliminating any barriers or obstacles that may arise during the process.Transaction ManagementTransaction management is a critical aspect of our platform, and we’re committed to resolving any issues that may arise.Our team is actively working to address issues related to failed transactions and transaction cancellations, particularly those that affect subsequent actions within the platform.We’re also focusing on ensuring that the claim functionality works seamlessly after the question is resolved, allowing users to claim their rewards without any hiccups.UI EnhancementsPolishing the user interface is a top priority for us as we strive to provide the best possible experience for our users.We’re making enhancements to various UI elements to improve user experience and clarity throughout the platform.One key area of focus is improving error notifications to provide more detailed information to users. We’re also adding custom messages instead of generic errors on the testnet to provide clearer guidance and support.Market ManagementManaging markets effectively is essential for the success of our platform.To that end, we will be implementing platform fees for transactions to ensure the sustainability of the Foreon Network ecosystem.We’re also integrating NFT functionality for the creation of markets, unlocking new possibilities and opportunities for our users.Additionally, we’re developing sorting mechanisms for markets, including marking expired questions and sorting them to the back, streamlining the user experience.Access PermissionsGranting access to “foreon-marketmaker-manager” to all <a href="https://www.jpg.store/collection/foreonnfts?tab=items">Foreon NFT holders</a> is another important step we’re taking to empower our community and enhance platform functionality.<h2 style="margin-left:0px;">Decentralized Oracle Development *very crucial for main-net launch*</h2>We’re actively exploring solutions for decentralizing the Oracle to prevent single points of failure.This is a critical aspect of our development efforts, and we’re committed to finding innovative solutions to ensure the reliability and security of our platform.Additional SuggestionsIn addition to the aforementioned developments, we’re also working on enhancing UI elements such as wallet interaction and market navigation.We’re implementing countdown timers or set end times for markets to improve user experience and clarity.Improving error messages to provide clearer guidance to users during various scenarios is also a priority.Finally, we’re ensuring the simplicity and user-friendliness of the testnet platform, making it accessible to users of all experience levels.As we continue to make progress on these developments, we’re grateful for the ongoing support and feedback from our community.Together, we’re building the future of prediction markets on Cardano.Stay tuned for more exciting updates as we draw close to our TGE, and thank you for being a part of the Foreon Network journey.Warm regards,The Foreon Network Team

Cardano Feed

Foreon Network Development Update: Edition 7

Non-fungible tokens (NFTs) redefine digital ownership and authenticity, introducing one-of-a-kind assets in the digital landscape. NFT marketplaces serve as crucial platforms for the exchange of these digital assets, facilitating a new era of digital collectibles and art. Specifically, Cardano’s approach to NFTs highlights unique attributes and advantages within its platform. This article will delve into what NFTs are, how NFTs on Cardano are unique, the NFT marketplaces on Cardano, and more.<h2 style="margin-left:0px;">What is an NFT?</h2>Non-fungible tokens, or NFTs, are unique digital assets that represent ownership and authenticity of a specific item or piece of content on the blockchain. Unlike fungible assets, each NFT has distinct characteristics and metadata that cannot be replicated or substituted on a one-to-one basis, ensuring that no two NFTs are alike. They serve various use cases across different fields, including digital art, where artists can tokenize their works for digital ownership; collectibles, such as virtual trading cards and rare digital items; gaming, where players can own in-game assets as NFTs; music, allowing artists to tokenize their works and connect directly with fans; and virtual real estate, where users can buy, sell, or trade virtual land and properties.NFTs on Cardano distinguish themselves as native assets, inherently integrated into the blockchain’s ledger, bypassing the need for smart contracts. This integration directly into Cardano’s ledger ensures enhanced security and lower transaction fees, setting them apart from other blockchain platforms that rely on smart contracts for NFT transactions. Moreover, the distinction between Cardano Improvement Proposals (CIPs) 25 and 68 highlights the platform’s evolving NFT standards.CIP-25, introduced as the first widely adopted NFT standard on Cardano, laid the foundation for NFT metadata representation, facilitating standardized information such as names, images, and attributes. Conversely, CIP-68 seeks to advance this framework, proposing more efficient ways to manage and store metadata, aimed at improving scalability and interoperability across platforms.<h2 style="margin-left:0px;">NFT Marketplaces</h2>Now we’ll delve into a few of the popular NFT marketplaces on Cardanojpg.store<img class="image_resized" style="width:680px;" src="https://miro.medium.com/v2/resize:fit:1400/1*NR1a1RfEaFMiPXlqTOZ0jw.png" alt="" loading="lazy">JPG.store is the leading NFT marketplace on the Cardano blockchain, holding over 90% of the NFT trading volume within the ecosystem. It stands out with unique features such as a launchpad for new NFT projects, enabling cross-chain purchases, and offering collection offers, which streamline the trading process. Additionally, its sweeping tool allows enthusiasts to buy or list NFTs in bulk, enhancing user convenience and market fluidity. These innovative functionalities make JPG.store a central hub for NFT activity on Cardano.You can visit jpg.store at the following link: <a href="https://www.jpg.store/">https://www.jpg.store/</a>Cswap<img class="image_resized" style="width:680px;" src="https://miro.medium.com/v2/resize:fit:1400/1*dvTmbbttUHBspOS6Bs-0fQ.png" alt="" loading="lazy">CSwap, as the second most popular NFT marketplace on Cardano, typically captures between 1–3% of the total NFT volume on the blockchain. It is a distinctive platform in the Cardano ecosystem, merging next-generation decentralized exchange (DEX) capabilities with NFT financial tools (NFTfi) to create a unique trading experience. CSwap’s NFT DEX, the first of its kind on Cardano, features innovative NFT liquidity pools that enable users to trade NFTs more efficiently. These pools allow for instant liquidity, offering tighter spreads for NFT collections compared to other marketplaces. Another notable feature is the “Degen Pool,” among other advanced functionalities, designed to provide users with various trading strategies and opportunities.The Cswap NFT DEX can be found at the following link: <a href="https://app.cswap.fi/">https://app.cswap.fi/</a><h2 style="margin-left:0px;">Cardano NFT Highlights</h2>We’ll now delve into a few notable NFT collections on the Cardano blockchain.Clay Nation<img class="image_resized" style="width:240px;" src="https://miro.medium.com/v2/resize:fit:480/0*oWlT1-Z2iHKuIhcl" alt="" loading="lazy">Clay Nation is a pioneering Cardano NFT project that offers a collection of 10,000 unique, hand-crafted clay character traits stored on the blockchain. This innovative project not only captures the essence of creativity and digital collectibility but also expands into collaborative ventures, such as their Halloween collection created with punk rock band Good Charlotte. Additionally, they’ve ventured into the metaverse with developments like the Clay Nation map and virtual environments compatible with 3D avatars provided by the project. Clay Nation aims to create an inclusive space for users to explore and interact, fostering a community-driven environment​​​​.World Mobile Earth Node NFTs<img class="image_resized" style="width:350px;" src="https://miro.medium.com/v2/resize:fit:700/1*XveW6r_Dddko3fJpSb4b0g.png" alt="" loading="lazy">On the other hand, World Mobile has introduced Earth Node NFTs (ENNFTs), which serve as the backbone of their network by connecting Air Nodes and processing transactions. These NFTs play a crucial role in enabling a fairer internet model and support decentralized identity and global communication through a proof-of-stake mechanism. The ownership of an Earth Node NFT grants users the right to operate a World Mobile Earth Node, contributing to network security and earning rewards as decentralized validators. This initiative is part of World Mobile’s broader goal to provide decentralized network infrastructure and internet connectivity to the unconnected, leveraging blockchain technology to create a more inclusive global community​​​​.<h2 style="margin-left:0px;">Conclusion</h2>The Cardano ecosystem’s approach to NFTs has seen significant maturation over the last years, notably with the implementation of standards like CIP-68. These developments not only underscore Cardano’s capacity to underpin a diverse range of innovative digital assets but also highlight the blockchain’s evolving role in various sectors, from artistic expression to digital infrastructure. As these standards pave the way for enhanced digital authenticity and richer community engagement, Cardano continues to solidify its position as a leading platform for decentralized innovation. This progression reflects the blockchain community’s commitment to fostering a new era of transparency, security, and user-centered experiences in the digital realm.

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Trade your NFTs instantly ⚡️ | Discover artwork, explore communities, and support artists on Cardano.

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