Announced in November 2021, NFT Bunny launched as a hybrid platform combining marketplace and social network functionality for NFT creators and cryptocurrency art enthusiasts. The platform secured a partnership with OVR, a leading NFT and metaverse development platform, enabling top creators to showcase their work in a virtual gallery accessible to both artists and their audiences.
Multichain Minting and Sales
NFT Bunny operates as a multichain platform, allowing creators to mint NFTs simply and intuitively on Ethereum, Polygon, or Binance Smart Chain. Each token generated within the platform guarantees authenticity and uniqueness. The marketplace supports both public and private sales, with the option to obscure content—a feature designed to add mystery to token trades. Creators earn directly from initial sales without intermediaries and receive commissions whenever their work is resold by other users.
The BUN Token and Governance
NFT Bunny introduced its own token, BUN, an ERC20 utility token based on Ethereum with a total supply of 1,000,000,000 tokens. The token presale consisted of five consecutive rounds beginning December 5 and concluding December 22. BUN functions as a utility token for platform access and governance through the EthereansOS protocol. Following the presale, BUN was scheduled for listing on decentralized and centralized exchanges.
Bridging Social Media and Crypto
The platform targets VIPs, influencers, artists, and public figures who currently monetize through traditional social networks. NFT Bunny enables these creators to develop exclusive content and earn from NFT sales while expanding their business. By recording content ownership on the blockchain, the platform seeks to restore value to media and artistic content that had diminished in worth under conventional social networks. The initiative frames itself as educating creators and users about a new model of content acquisition and collection.
Frequently asked questions
What blockchains does NFT Bunny support?
NFT Bunny allows creators to mint NFTs on Ethereum, Polygon, or Binance Smart Chain, providing flexibility in blockchain choice while guaranteeing token authenticity and uniqueness.
How do artists earn on NFT Bunny?
Creators earn directly from initial NFT sales without intermediaries and receive commissions each time their work is resold by other users on the platform.
What is the BUN token used for?
BUN is a utility token that provides access to NFT Bunny’s platform features and enables governance participation through the EthereansOS protocol.