Font

Create, Trade, & Earn Interest On Your Fonts At Font Community

Font (FONT) Review

Users, buyers, and speculators are all part of the Font.decentralized community. You can buy and sell NFTs (ERC1155) using DeFi and the DAO in a font marketplace. In comparison to Google and Adobe fonts, the Font Community DAO is regulated by the $FONT ERC20 token and offers a more comprehensive set of functionalities.

What Exactly Is the FONT Decentralized Community?

As a community-owned network, Font.Community wants to empower its content producers to get the full value of their contributions and involvement. There are now proprietary platforms, such as Envato’s Creative Market, that are managed by centralized companies that are designed to defend their interests before serving the needs of independent designers. FONT aims to end these monopolies by creating a marketplace that puts the creators and users first.

In the FONT marketplace, creators can:

  • You’ll get your whole purchase money back, with no commissions deducted from any license sales.
  • Give away the right to use the typeface to anybody. So, new owners may make money from the fees they pay for licenses.
  • Font Creators has a 50% stake in the whole market.
  • Fonts can be tokenized.
  • Borrow money on your font right away.
  • Earn money by lending out your font.
  • Raise money for the release of your next great font.
  • Fonts will have a greater range of options thanks to the advent of the open blockchain.

Font Decentralized Community’s Key Characteristics

The present centralized marketplace is unable to provide a slew of revolutionary features and benefits. Due to blockchain, the revolutionary community’s features are now at your fingertips.

Benefits for Font Creators 

  • You’re in charge of the fonts you use. Ownership and control of all fonts are held by their authors.
  • A portion of font purchases is remitted to the designers and publishers that created them.
  • Users may buy, sell, and trade fonts in the marketplace.
  • The network makes it possible for font owners to sell their fonts to anybody they want. There will be no licensing costs owed to the buyer when they take over the property.
  • Font ownership may be divided into shares, which can then be sold off by the creators. Shareholders will get a portion of the licensing price.
  • Owners of fonts have the option of taking out a loan against the value of their fonts.
  • Font owners may make money by renting out their fonts.
  • The developer of a font receives $FONT for his efforts.
  • IFO can help you raise money for the next great font (Initial Font Offering).
  • The Ethereum blockchain is used to manage all of the transactions involved. 

Font Brands Can Benefit From

Designers’ fonts may be purchased by a brand from the brand in a single transaction. There is no need to fill out a lengthy application form. Everything is free, open, and safe. The license/ownership may be sold to other companies or purchasers by the brand itself.

Benefits for Font Investors

A beautiful font may be funded by investors. Anyone may acquire a share of ownership in any font and get the same percentage of the licensing cost.

Benefits for Font Users

Fonts may either be downloaded and used offline, or they can be incorporated directly into a website’s design. Users may choose between crypto and fiat money while making a purchase.

What are Font NFTs?

In the contract, the mint function may be directly called to mint fonts as NFT. Non-crypto-savvy people may also upload typefaces using the font.community interface. This takes care of the gas and operation fees.

Using the font.community site, a user uploads the font files and associated information. For example, decentralized storage networks like IPFS or Arweave, for example, let users upload files and information. The unique identifier for a file hash, URL, or Txn id is stored in a Layer 2 chain or other EVM chain. The NFTs will be minted on the Ethereum main net using the unique identifier obtained in step 3.

What Are FONT Crypto Tokens?

ERC20 tokens $FONT is native to Font.Community. There is a 2,000,000 maximum supply of fonts, and font mining distributes half of that supply among font designers, vendors, purchasers, and users. The Font coin serves as a form of governance. Whoever invests in FONT will get a part of the total font licensing and ownership change costs of 2% each. Every quarter, dividends will be paid out.

How Does Font Mining Work?

It is possible to mine FONT tokens by contributing to the font community via “font mining.” Font mining has been allotted 50% of the entire supply, i.e., $1,000,000 FONT is up for grabs. With font mining, the main objective is always to provide maximum value to the font community, which includes font authors as well as font buyers and sellers.

Summary

Font.Community is a decentralized font marketplace owned by font makers, vendors, buyers, and users. There are no intermediaries and no expensive fees to pay in this transaction. The community, the people who use it, own and govern it.

Fonts aren’t the only thing you can buy and sell here. Font producers and dealers may commercialize their fonts in a variety of ways. Using your fonts as collateral, for example, allows you to borrow money. You can also tokenize fonts and earn interest by locking fonts, along with raising funds through crowdfunding and more.

Key Takeaways

  • You can buy and sell NFTs (ERC1155) using DeFi and the DAO in a font marketplace.
  • The Ethereum blockchain is used to manage all of the transactions involved.
  • In the contract, the mint function may be directly called to mint fonts as NFT.
  • It is possible to mine FONT tokens by contributing to the font community via “font mining.”

Further Font Information

  • font
  • Font
    (FONT)
  • Price
    $0.197
  • Market Cap
    $95.76 K
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