Introduction
Font.Community is a decentralized community of Font designers, users, buyers, and speculators. It’s a Font marketplace where each Font is a unique NFT(ERC1155) with DeFi, powered by Ethereum blockchain. Font Community DAO is governed by a $FONT ERC20 token.
In short, Font.Community is built to disrupt and democratize the font marketplace. It has more features than Google fonts or Adobe fonts or other traditional marketplaces for font designers and users.
Why Choose Them?
The existing proprietary platforms, such as Envato, Creative Market have been controlled by centralized organizations that are built for holding and protecting their own interest first rather than the designer’s interest. They control every aspect of the network ranging from users, contents, profit commissions. They make their own rules and ask the community to obey while extracting profits from the communities and creators who bring traffic to the platforms.
Font.Community aims to build a decentralized network owned by a community that allows its content creators to gain the full value of their contribution and participation.
Now think of a new marketplace, where the creator can
Get the whole price without commission cut off on each license sale.
Sell the font ownership to anyone. So new owners earn license fees.
Font Creators owns 50% share of the whole marketplace.
Tokenize your fonts.
Borrow money against your font, instantly.
Lend your font and earn interest.
Raise fund to launch your next amazing font.
Public blockchain bring a lot more possibilities to fonts.
These radical features and advantages are not possible with the existing centralized marketplace. With Font.Community, these radical features are just a few clicks away, thanks to blockchain.
Further Benefits
For font creators or owners
Ownership: Your fonts, your control. All the fonts are owned and controlled by its creators.
Earn License Fee: Font owners receive License fees from font users.
Buying / Selling: The platform facilitates users to buy, sell, and trade fonts.
Transfer Ownership: The network provides a facility for the owners to transfer the ownership of their font to anyone. The new owner will receive the license fees.
Tokenize Fonts: Creators can split the font ownership as a share and sell portions of a font. The license fee will be split among shareholders.
Borrow Money: Font owners can borrow money against their font.
Earn Interest: Font owners can lend their font to earn interest.
Font Mining: When a creator creates a font, he earns $FONT.
Raise Fund: Raise fund for your next amazing font using IFO(Initial Font Offering).
No Hussle Way: All the transactions are handled on the Ethereum blockchain. Open, Transparent & Secure.
For Brands / Organizations
A brand can acquire the ownership of the fonts from designers in a single transaction.
There is no complicated paperwork. Everything open, transparent & secure.
Brands can resell the license/ownership to other brands or buyers.
For Investors
Investors can fund the next amazing font.
Investors can buy a certain % of ownership in any font to earn the same % of the license fee.
For Font users
Fonts can be either downloaded for offline usage or can be embedded directly to the website (like Google Fonts).
Accept both crypto and fiat money.
How it works
Font creators can mint fonts as NFT by directly calling the mint function in the contract. Or they can upload the fonts in the font.community portal, which they will cover the gas and operations for non-crypto-savvy users.
Step 1: User uploads the font files with metadata in the font.community portal.
Step 2: Files and metadata uploaded to a decentralized storage network like IPFS or Arweave etc.
Step 3: File hash or URL or Txn id stores in Layer 2 chain or other EVM chain and get the unique ID. The reason not to store the hash in the main chain is to save the huge gas fee.
Step 4: The Unique ID generated in step 3 will be used to mint NFT in Ethereum mainnet.
Token Economy
Font.Community has a native ERC20 token $FONT. With a maximum supply of 2,000,000, half of the supply is distributed to font creators, sellers, buyers, and users through font mining. $FONT is a governance token. 2% of total font license fees and font ownership change fees will be shared with whoever stakes $FONT. Dividends will be distributed every quarter.
Token Distribution
Font Mining
Font mining is a way of mining $FONT tokens by contributing to the font community. 50% of the total supply is allocated to Font mining, that is 1,000,000 $FONT is available for mining. The primary goal of Font mining is to bring maximum value to the Font Community including Font creators, Buyers, Sellers, Designers, Investors, Speculators, and Foundries.
Where To Buy $Font
NFT based Decentralized Font Marketplace.