Nfts
How to trade on an NFT marketplace?
SunContract has launched the world’s first contract NFT Market This year. The NFT marketplace allows you to buy and sell NFTs, and tokenize real, already operational solar panels. So how can a user get the desired NFT from a previous series that has already sold out?
The “Trade” button takes you to the secondary market, where you can place an offer to buy the selected NFT. Let us introduce you to some of the features our NFT marketplace offers.
Discover our NFT market and our NFTs
Our NFT marketplace platform integrates blockchain technology, NFTs, and solar industry expertise to provide easy access to clean energy for everyone, everywhere. Solar-related NFTs can be bought and sold at any time on SunContract’s NFT Marketplacewhile token holders can manage the energy generated by their “personal power plant” from a smartphone.
Each NFT represents a specific panel on a specific farm, with the holder enjoying the benefits associated with the physical asset. The initiative is aimed at those committed to the green transition and willing to invest in the future of renewable energy, as well as the crypto community, to gain exposure to the real economy through the renewable energy sector.
The solar farm that was tokenized for the first collection, SunGenensis, is located in the village of Višnje in Slovenia.
By purchasing our NFTs, the user will own a digital asset representing a real solar panel that produces electricity. The owner can receive income in SNC Tokens from the energy produced, sell their NFT or use the energy at home or in the business (in countries where Solar contract holds energy permits or licenses, starting with Slovenia, Croatia and Estonia, with more to come).
This approach connects energy consumers and producers around the world and allows each user to be part of a larger community, thus promoting sustainability, self-sufficiency and decentralized energy management. It thus promotes economic, social and environmental progress.
How to Buy Your First NFT
To purchase our NFTs, individuals must:
- First of all, register on our official platform. You can do this by clicking on the button TO LOG IN.
All the main features of the NFT marketplace – LOGIN, Collect, Trade – are placed in the top right corner of the page.
- After that, you need to complete KYC verification on the platform.
- Once KYC verified, the next step is to purchase SNC Tokenswhich are used to purchase NFTs.
- SNC tokens can be purchased on exchanges like Kriptomat or HTX. These tokens must be transferred to your SunContract account.
- You can also buy SNC on the platform with a credit card directly linked to Kriptomat.
- You can also transfer funds in EUR to your account via a SEPA payment. The transferred funds will be exchanged for SNC tokens.
- When you have enough SNC in your account, you are ready to purchase your NFT in the “Collect” or “Trade” section.
In the Wallet overview of your account, you check your SNC and EUR balance, transfer SNC to your account or purchase them by credit card or SEPA payment.
THE “CollectThe ” section represents the main marketplace, where users can purchase NFTs from the current collection available for sale. Previously released collections are also visible there.
Users can click to open a specific collection where NFTs are still available, select the “Solar Panels” option, and choose the desired NFT related to a particular solar panel. The energy production analysis can be checked in this section by clicking the “Analytics” button.
“THE ‘Trade’ The section is the secondary market, intended for NFT owners who wish to resell their NFTs. Interested users can purchase NFTs from previous collections that have been sold out. It offers a “Buy Now” option, where individual NFTs are available with specific offers and prices (in SNC and euros), and a “Make an Offer” option.
When you place a bid for a particular desired NFT, the owner of the NFT will receive your bid and decide whether to sell the NFT or not. The NFT will be transferred to your account if they accept your bid.
Associated panel production, solar farms, location, minimum months to maturity, and zero and non-zero bids can further filter the NFTs offered on the secondary market.
When choosing to place a bid for an NFT on the secondary market, you can narrow your options by choosing several of the available filters.
Each NFT offered in the “Collect” or “Trade” section has a unique image, power, estimated annual production, and maturity date. Additionally, for each NFT, you can view past (historical) and expected future (forecast) production statistics for one day, seven days, 30 days, or 90 days.
Each NFT features an image representing a hero from our history. It’s an imaginary tale about time travel that includes accurate historical data. Our first tokenized power plant is located near a historic battle between two Roman emperors in 394 AD.
How to monitor statistics
Each registered user can also monitor various statistics. As described above, NFT statistics can be tracked in the Collect and Trade sections and in the My Dashboard section, where all your purchased NFTs are gathered.
You can track production statistics for one day, seven days, 30 days, or 90 days. In addition to past production (history), you can monitor expected future production (forecast). You can also track revenue history for one day, seven days, 30 days, or 90 days.
Additionally, there are leaderboard statistics available. This leaderboard highlights all users whose NFTs have produced the most electricity on our Marketplace. In addition to the “Top Energy Producers in the Last 7 Days” statistics, there are also the “Top NFT Buyers in the Last 7 Days” statistics.
Once you register on the platform, you will also have access to your dashboard, where you can track the NFTs collected. The leaderboard displays the ranking of the TOP energy producers and the TOP NFT buyers over the last 7 days.
Additional features
Each user can also see two icons in the upper right corner of our NFT MarketThe wallet icon takes you to your SunContract digital wallet, where you can see the current SNC coin balance and view all assets on the platform (wallet, transactions and invoices).
The bell icon displays notifications. Here you can see notifications if someone responds to your offer on the secondary market, if you sell an NFT, etc. Notifications communicate all the essential information about our NFT marketplace users.
Benefits of owning an NFT with SunContract
What does an NFT bring to owners?
The owner of an NFT:
• Is entitled to the revenue generated by the solar panel represented by the associated NFT, paid in SNC tokens directly into its SunContract wallet;
Or
• Can consume electricity produced by the Personal Power Plant (PPP) via the SunContract P2P energy marketplace and ensure self-sufficiency in countries where SunContract holds a license.
Opening up access to renewable energy to all
With this innovation, SunContract opens the possibility of self-sufficiency to those who have been unable to obtain consent to connect a solar power plant or who have been denied consent.
The solution presented is also aimed at those who do not have the technical means to invest in their renewable energy source, because they live in a residential building, a collective house or an apartment and therefore do not have a roof on which they could install their solar power plant.
It is also beneficial for all those who until now found investments in renewable energy sources too expensive. The solution with NFT tokens allows a personal power plant to be as if it were on your roof without worrying about maintenance or fear of possible fire risks.
This innovation is also suitable for companies that want to rent their own renewable energy source for an extended period.
So far, three NFT collections have been released. The latest one, “SunVista – Primordiun,” will be released soon. If you want to be notified when that happens, you can apply for special NFT alerts.
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