Marketplace

Frequently Asked Questions

Frequently asked questions about Endemic, the ICO, and the $END token.

Endemic is the first AI-curated NFT marketplace designed to showcase high-quality digital art from reputable sources. It aims to redefine the standards of quality and relevance in the digital art world, providing a premium selection of artworks for collectors and a platform for artists to capitalize on their creative works.

Endemic aims to be a convergence point for global art communities, offering a unique space where the NFT market meets diverse artistic expressions. The platform highlights local art scenes, fosters a cohesive global art community, and merges various art forms to create a go-to destination for art from all curated marketplaces.

  • AI – Machine Learning: AI-driven curation ensures only high-quality art is featured.
  • Physically Redeemable Art: NFT purchases can include physical art pieces.
  • Virtual Galleries: Artists can set up virtual galleries to reach a global audience.
  • Creator Studio: A dashboard for managing NFT projects, including smart contract selection and royalty settings.
  • Artist Feed and Art Forum: Social features for artists and collectors to interact.
  • Social Elements: Features like likes, chats, blogging, and following artists.

Endemic’s AI, named Endy, assesses collector behavior and preferences to refine art recommendations. It is trained on data from the Ethereum blockchain and curated NFT marketplaces, helping to predict emerging art styles and trends.

Endemic offers two types of auctions:

  • Dutch Auction: The price decreases over time until a buyer makes a bid.
  • Reserved Price Auction: The seller sets a minimum price, and the item is only sold if this price is met.




Endemic bridges Web 2.0 and Web 3.0, offering a user-friendly experience that includes traditional login methods (email, username/password, Apple and Google accounts, credit card payments) alongside blockchain wallet connections. This makes onboarding new users to the NFT market easier.

Physically redeemable art is a concept where NFT purchases include a physical art piece. The buyer receives a digital certificate of ownership, and the artist arranges for the physical redemption, providing additional documentation like a certificate of authenticity.

The Endemic Creator Studio is a command center for managing NFT projects. It allows artists to configure smart contracts, set collection sizes, and manage royalties across Ethereum and Polygon blockchains.

Endemic includes social elements such as an Artist Feed and Art Forum where users can like, follow, and connect with the art community. These features ensure ongoing interaction and engagement within the platform.

END token holders are incentivized with benefits such as:

 

  • Reduced platform fees
  • Access to virtual exhibitions
  • Participation in the final hours of auctions
  • Entry to Endemic live events
  • Monthly newsletters with art insights
  • Participation in initial art offerings
  • Minting special edition headers
  • Receiving soulbound tokens for staking
  • Tipping artists

The token distribution includes allocations for seed sale, private sale, public sale, advisors, partners, team, community rewards, and strategic partnerships, ensuring a balanced and sustainable ecosystem.

Endemic aims to create a premium art platform and marketplace integrated with the crypto world, focusing on showcasing unique art pieces and providing a vibrant community for artists and collectors.

Endemic uses advanced AI algorithms to curate and feature only high-quality digital art. The AI assesses collector behavior and preferences, refining recommendations and ensuring that only reputable and valuable artworks are showcased.

Yes, artists can sell physically redeemable art on Endemic. When a collector purchases an NFT, they receive a digital certificate of ownership and can arrange with the artist to redeem the physical artwork.

Virtual Galleries on Endemic allow artists and galleries to set up exhibitions similar to physical galleries but with the added benefit of reaching a global audience. Artists can customize their virtual gallery with various sizes, layouts, and visual effects to enhance the viewing experience.

The Endemic Creator Studio is a comprehensive dashboard that simplifies the management of NFT projects. It includes features for smart contract selection, setting collection sizes, and managing royalties, making it easy for artists to launch and track their NFT projects on Ethereum and Polygon blockchains.

Endemic fosters community engagement through its Artist Feed and Art Forum, where artists and collectors can share, discuss, and connect over art. Features like likes, follows, and comments enhance interaction and build a dynamic art community.

Endemic offers two types of auctions: Dutch auctions, where the price decreases until a bid is made, and reserved price auctions, where a minimum price must be met for the item to be sold. Participants can bid on their desired artworks in these structured auction formats.

Endemic combines the best of Web 2.0 and Web 3.0, offering a seamless user experience that includes traditional login methods and blockchain wallet connections. This approach makes it easier for new users to explore and participate in the NFT market without needing a wallet initially.

Users can earn rewards for their participation and collaboration within the platform. These rewards can be exchanged for goods, services, or converted into USD/EUR. Rewards incentivize active engagement and knowledge sharing in the community.

END token holders enjoy several benefits, including reduced platform fees, access to exclusive virtual exhibitions, participation in the final hours of auctions, entry to live events, monthly art insights newsletters, and special edition NFT minting opportunities.

Endemic’s token distribution includes:

 

Seed Sale: 8.7%

Private Sale: 8.54%

Strategic: 8.7%

KOL: 2.5%

Public Sale: 1.5%

Team: 12%

Advisors & Partners: 6%

Artists Ambassadors: 7%

Community Rewards: 35%

Airdrop: 5%

Marketplace Liquidity: 5%




The vesting schedules for END tokens vary by sale and allocation type. For example, the seed sale tokens have a 1-month cliff and a 12-month linear vesting schedule. Community rewards have no cliff and a 48-month linear vesting schedule, while public sale tokens have no cliff and a 4-month linear vesting schedule.

Collectors can use END tokens to pay for NFTs, participate in exclusive events and auctions, receive discounts on platform fees, and access special content and features within the Endemic ecosystem.

The total supply of END tokens is 50 million. The distribution and allocation are designed to ensure sustainable growth and reward the community, team, and strategic partners appropriately.

Endemic supports artists by providing a platform to showcase their work to a global audience, offering tools to manage and launch NFT projects, and enabling them to sell both digital and physically redeemable art. Artists also benefit from the community features, which facilitate engagement and collaboration.

Endemic collaborates with various art institutions, blockchain platforms, and technology providers. These strategic partnerships enhance the platform’s offerings, credibility, and reach, ensuring a robust and diverse ecosystem for digital art.

Platform fees on Endemic are set by the artists and collectors. For primary sales, the artist fee is 10%, the seller fee is 2.5%, and the collector fee is 2%. For secondary sales, the collector fee is 2.5%.

Endemic uses blockchain technology to provide transparent and immutable records of all transactions, ensuring a high level of security and trust. The platform’s architecture is designed to protect users’ data and digital assets.

Endy is Endemic’s AI companion that personalizes the user experience by analyzing collector behavior and preferences. Endy helps refine art recommendations, predict emerging trends, and foster community interaction by offering insights based on data analysis.

Users can participate by buying, selling, and creating NFTs, engaging in community forums and artist feeds, attending virtual and live events, and using END tokens for various transactions and activities within the platform.

Future developments for Endemic include expanding the features of the platform, enhancing the virtual gallery experience, integrating new technologies for better user engagement, and continuous improvement based on user feedback and market trends.