coin-detail-page::What Is a Crypto Faucet?

coin-detail-page::What Are Privacy Coins?

coin-detail-page::What Is Tokenomics?

coin-detail-page::What Is Wrapped Bitcoin?

coin-detail-page::How to Mint an NFT

coin-detail-page::What Is MetaMask?

coin-detail-page::What Is Polygon?

# What Is NMKR token ($NMKR)?

$NMKR is a utility token introduced by the brand NMKR (formerly NFT-MAKER), an official partner of IOG. $NMKR is a Cardano native token for utility purposes within the NMKR ecosystem. The comprehensive NMKR ecosystem provides an empowering user experience through the power of blockchain. The team behind NMKR is making decentralization usable for everyone by building products that bring new users into the decentralized economy and equipping users with tools to solve real-world problems. Going forward, NMKR is creating an infrastructure for the decentralized economy that will allow users to integrate blockchain into existing products or build new blockchain-based products from scratch. $NMKR is used for:
 
* Verifying NFT projects
* Fraud prevention in NFTs
* Rewards
* Community self-governance
* Votes on the ecosystem’s future 

# How Many NMKR tokens are there in circulation?

NMKR token is live on mainnet 1.5 billion tokens in circulation during presale and ICO. In addition, 40 million tokens are made available through IDO which is the third round. The latest circulating supply (aka *total supply*) figure can be found here [https://cardanoscan.io/tokenPolicy/5dac8536653edc12f6f5e1045d8164b9f59998d3bdc300fc92843489].   

# Who Are the Founders of NMKR token?

NMKR token is led by the following people at *utxo AG*  based in Switzerland:

*Patrick Tobler - CEO and Founder
*Kristian Portz - COO
*Ann-Kristin Mackensen - CFO
*Sascha Tobler - Tech Lead

Patrick Tobler is the founder of the NMKR brand and has extensive training and knowledge in the Cardano blockchain space and programming experience in NodeJs, java, javascript, python, and C#. In 2021, he introduced the mass minting platform called NMKR Studio which is basically an API tool that enables NFT miniting and has generated a constant revenue stream for the brand. Today, NMKR Studio takes out the complexity of building products on different Blockchains by creating a mix of easy-to-use Development APIs and No-Code building blocks, that can be used in a modular way to fit all Blockchain development needs. NMKR Studio as a core product will also power other NMKR products and services such as NMKR Games, NMKR Store, and NMKR Agency. 

# Where Can I Buy NMKR token?

NMKR token is listed on a centralized exchange where it can be traded on LCX at lcx.com

In addition, these are the DEXs where NFT-MAKER is listed as well. 

1. Minswap at minswap.org 
2. Sundaeswap at sundaeswap.finance 
3. Muesliswap at muesliswap.com 
4. Wingriders at wingriders.com

# What Makes NMKR Unique?

Since the influx of NFTs on Cardano, maintaining a balance between preventing fraud in a more decentralized way and centralized gatekeeping has been difficult. Maintaining proper verification methods has cost a lot financially and time-wise, making it difficult for many platforms to keep up. $NMKR will make the voices of the community heard by having the community decide what changes will apply in the NMKR ecosystem ranging from how rewards are adjusted to how NFT projects get verified for their authenticity. There will be multiple-use cases for $NMKR token in the future. Ultimately this token will represent a user’s engagement within the Cardano NFT space, rewarding those who actively vote and the NMKR team plans to ensure it has the highest possible utility for all things NFT-related. NMKR is a centerpiece within the NMKR ecosystem. 

NMKR also happens to be the first-ever Cardano native token to be listed on a CEX in a legally compliant manner. Following the Liechtenstein Blockchain Laws, LCX conducted and managed the token sale as a registered token issuer with the Financial Market Authority. 

# How is NMKR secured?

$NMKR infrastructure is based on the Cardano blockchain and benefits from Cardano's security measures.

The Cardano project is working on an environmentally sustainable and verifiably secure proof of stake (PoS) protocol called Ouroboros, which improves upon the security guarantees of a traditional proof of work model while using less power. NMKR runs its very own stake pool called NMKR Pool which is a reliable Cardano node contributing to the protocol.

Ouroboros protocol aims to create a network with sustainable and ethical growth. It's an incentive mechanism that rewards participants in the community for their involvement, making it possible through mathematically verifiable methods combined with behavioral psychology and economic philosophy with technology as well.

As an additional and optional step, $NMKR is KYC and 2FA ready as robust security measures to protect the community from fraud. Their payment gateway for transactions provides bot proofing capabilities to keep financials safe.


# Related Pages:

Learn more about NMKR tokenomics on page 69 [https://nmkr.io/whitepaper]

Learn more about NMKR at LCX [(https://www.lcx.com/lcxnmkr-token-nmkr-token-listing-at-lcx-exchange/](https://)

Learn more about NMKR on CardanoAssets [https://cardanoassets.com/asset1lgultx63fukjlhsncmwp235pcnh4fh988phh7f]

Learn more about NMKR Pool [https://cardanoscan.io/pool/e815603425324aeaf98b5b3609f6ee6d618128046b6032febb48f950?tab=epochhistory]

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