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Meet Portion $PRT, an NFT auction house marketplace similar to $RARI and OpenSea whose aim is to connect artists and collectors together.
Collaborations with Marvel artists and physical galleries.
Backed by ConsenSys.
Meet Portion $PRT, an NFT auction house marketplace similar to $RARI and OpenSea whose aim is to connect artists and collectors together.
Collaborations with Marvel artists and physical galleries.
Backed by ConsenSys.
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Website: https://portion.io/
Exchange: https://app.portion.io/
Medium: https://medium.com/portion/
CoinGecko: https://www.coingecko.com/en/coins/portion
DEXT: https://www.dextools.io/app/uniswap/pair-explorer/0xdb9cd2f59b930ce823d8b071ba8f2174b59194b5
Website: https://portion.io/
Exchange: https://app.portion.io/
Medium: https://medium.com/portion/
CoinGecko: https://www.coingecko.com/en/coins/portion
DEXT: https://www.dextools.io/app/uniswap/pair-explorer/0xdb9cd2f59b930ce823d8b071ba8f2174b59194b5
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So what is Portion?
$PRT aims to bridges the gap between the metaverse (digital) + physical
Verification of authenticity, provenance and ownership can be audited for BOTH digital and physical art and collectibles.
So what is Portion?
$PRT aims to bridges the gap between the metaverse (digital) + physical
Verification of authenticity, provenance and ownership can be audited for BOTH digital and physical art and collectibles.
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An example of this "bridge" is the recent Marvel artists collaboration where Wave 1 of NFTs include the original physical hand-drawn prints.
Up to 25 pieces are expected to list, with artists such as Adam Kubert, Dan Panosian, Dave Johnson for IPs.
An example of this "bridge" is the recent Marvel artists collaboration where Wave 1 of NFTs include the original physical hand-drawn prints.
Up to 25 pieces are expected to list, with artists such as Adam Kubert, Dan Panosian, Dave Johnson for IPs.
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Some of the expected Marvel IPs in the series includes Wolverine, Spider-Man, Iron Man, Venom, Daredevil, among others.
Portion is also collaborating with galleries so art pieces are tracked entirely on-chain and actually hosted its own art show prior to COVID.
Some of the expected Marvel IPs in the series includes Wolverine, Spider-Man, Iron Man, Venom, Daredevil, among others.
Portion is also collaborating with galleries so art pieces are tracked entirely on-chain and actually hosted its own art show prior to COVID.
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Future collaborations are actively being explored. One of the use cases for $PRT include subsidies and royalties for partnerships and for artists.
Future collaborations are actively being explored. One of the use cases for $PRT include subsidies and royalties for partnerships and for artists.
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I think this is part of what makes Portion interesting. It is both a curator of art, but also a marketplace.
Others projects aim to do one or the other, but rarely do they do both, and at least for now, don't have partnerships with artists with this kind of pedigree.
I think this is part of what makes Portion interesting. It is both a curator of art, but also a marketplace.
Others projects aim to do one or the other, but rarely do they do both, and at least for now, don't have partnerships with artists with this kind of pedigree.
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How does $PRT help sellers?
Currently, Rarible allows sellers to set resell royalties on secondary sales on your NFTs.
With OpenSea, it's possible to set percentages of fees and assign against buyers and sellers.
How does $PRT help sellers?
Currently, Rarible allows sellers to set resell royalties on secondary sales on your NFTs.
With OpenSea, it's possible to set percentages of fees and assign against buyers and sellers.
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Expected in future versions of Portion are advance trading tools and royalty mechanism and decentralization curation features, so users can further customize these to their requirements.
Expected in future versions of Portion are advance trading tools and royalty mechanism and decentralization curation features, so users can further customize these to their requirements.
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Sellers receive 100% of sales.
Artists also receive a percentage of their work in $PRT for every secondary sale as well.
OpenSea and Rarible charge 2.5% service fees. Portion does charge a listing fee, currently set at 0.03 $ETH.
Both can be changed via governance.
Sellers receive 100% of sales.
Artists also receive a percentage of their work in $PRT for every secondary sale as well.
OpenSea and Rarible charge 2.5% service fees. Portion does charge a listing fee, currently set at 0.03 $ETH.
Both can be changed via governance.
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What’s the market cap?
PRT currently has approximately 102M tokens in circulation. At time of writing, $PRT is trading around 0.07, so market cap is ~11M.
As a comp, the $RARI market cap is currently $71M.
What’s the market cap?
PRT currently has approximately 102M tokens in circulation. At time of writing, $PRT is trading around 0.07, so market cap is ~11M.
As a comp, the $RARI market cap is currently $71M.
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What does $PRT do?
PRT is the governance token for Portion, but it’s also used to help subsidize artists grants, provide royalties in perpetuity and pay for integration between the auction house in the metaverse and real-world established galleries.
What does $PRT do?
PRT is the governance token for Portion, but it’s also used to help subsidize artists grants, provide royalties in perpetuity and pay for integration between the auction house in the metaverse and real-world established galleries.
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Portion is planning to include $PRT as a supported token for artwork purchases.
$PRT holders will also be able participate in art curation.
For governance, 5,000 $PRT is required to vote and make proposals.
Portion is planning to include $PRT as a supported token for artwork purchases.
$PRT holders will also be able participate in art curation.
For governance, 5,000 $PRT is required to vote and make proposals.
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$PRT Liquidity Mining Program
In partnership with $SFI, there is a liquidity mining program for PRT/SFI that began on December 27, 2020 with a combined reward of 25 $SFI and 1,000,000 $PRT.
You can access it here: https://app.saffron.finance/#liquidity
$PRT Liquidity Mining Program
In partnership with $SFI, there is a liquidity mining program for PRT/SFI that began on December 27, 2020 with a combined reward of 25 $SFI and 1,000,000 $PRT.
You can access it here: https://app.saffron.finance/#liquidity
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How is $PRT distributed?
An FAQ is coming soon from Portion that contains more info regarding token metrics.
20M tokens are reserved for airdrops and promotions. Ethereum addresses from other marketplaces were airdropped a portion relative to the amount of NFTs they owned.
How is $PRT distributed?
An FAQ is coming soon from Portion that contains more info regarding token metrics.
20M tokens are reserved for airdrops and promotions. Ethereum addresses from other marketplaces were airdropped a portion relative to the amount of NFTs they owned.
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All accounts made on the V2.0 Portion beta before October 10th, 2020 received 5,000 PRT.
Every Sunday, $PRT is distributed to artists. Every second Sunday of the month, to supporters, employees, advisors. Every other Sunday, for liquidity mining rewards.
All accounts made on the V2.0 Portion beta before October 10th, 2020 received 5,000 PRT.
Every Sunday, $PRT is distributed to artists. Every second Sunday of the month, to supporters, employees, advisors. Every other Sunday, for liquidity mining rewards.
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Liquidity Mining
- 1 Billion tokens are reserved for liquidity mining.
Future partnerships
- 850 Million tokens reserved for strategic partnerships, artist grants, and business development.
Liquidity Mining
- 1 Billion tokens are reserved for liquidity mining.
Future partnerships
- 850 Million tokens reserved for strategic partnerships, artist grants, and business development.
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Early Investors
- Worth noting that early investors from years ago have begun receiving 1/12th of their locked tokens monthly which will vest over the next year.
I've been monitoring holders and monitoring trading behavior of whales.
Early Investors
- Worth noting that early investors from years ago have begun receiving 1/12th of their locked tokens monthly which will vest over the next year.
I've been monitoring holders and monitoring trading behavior of whales.
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What’s on the roadmap for rest of 2021?
- “BUY IT NOW” feature will be available with the native $PRT token.
- V3 Frontend released: Bidding w/ $PRT via the unlocking of the bidding feature.
- The release of Virtual Galleries with global partners.
What’s on the roadmap for rest of 2021?
- “BUY IT NOW” feature will be available with the native $PRT token.
- V3 Frontend released: Bidding w/ $PRT via the unlocking of the bidding feature.
- The release of Virtual Galleries with global partners.
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- New exhibits are released every 4–6 weeks going forward.
- Digital collectibles from other platforms to be introduced on Portion.
- More strategic partnerships with key brands for the creation of unique digital collectibles.
- New exhibits are released every 4–6 weeks going forward.
- Digital collectibles from other platforms to be introduced on Portion.
- More strategic partnerships with key brands for the creation of unique digital collectibles.
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- Summer 21’ show in New York City with a physical gallery dependent on worldwide conditions. The Portion team was proud to have opened the beloved Upper West Side location in Manhattan before Covid became a reality.
- Summer 21’ show in New York City with a physical gallery dependent on worldwide conditions. The Portion team was proud to have opened the beloved Upper West Side location in Manhattan before Covid became a reality.
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Having reviewed the resources and discussed with team, I'm liking the prospects of this one.
Web app needs some work, but looking forward to planned partnerships. Having some high-profile artists and recognizable IPs should drive traffic and users.
Having reviewed the resources and discussed with team, I'm liking the prospects of this one.
Web app needs some work, but looking forward to planned partnerships. Having some high-profile artists and recognizable IPs should drive traffic and users.
