Deploying a decentralized infrastructure is essential in supporting future marketplaces by providing a tampered-proof, future-proof data hosting served by participants who deployed one-click apis
How to earn as marketplace data provider?
Marketplace providers earns from 10% of the platform commission, estimated at $100,000 for every 1 million NFT minted. Providers can share earnings with the community by deploying a provider delegation contract where delegators can earn distributed USDs. In return, provider earns $XIRCUS reward tokens like BNB or XMT
How to become a marketplace data provider?
In order to become a provider, a participant must hold $10,000 worth of $XIRCUS tokens
Here are the steps
Create a github account and copy your github username for manual whitelisting
Go to https://beta.xircus.app/providers, select network BSC and connect wallet
Click Manage Apps, tab, paste your github username, click on Approve Staking, then click on Join As Provider, expect 1-2 days for technical team to whitelist your github username to One-Click Deployers
Join the Xircus Discord, message your tx hash to Provider channel
Are there any infrastructure cost to pay as provider?
Why staking of $10,000 worth of $XIRCUS is required?
The staking ensures that a provider is committed in serving cached NFT marketplace data. The staking is locked for a year with 5% initial burn ($500 worth of $XIRCUS tokens).
What are the APIs to deploy?
Marketplace API - for general purpose marketplaces
Game API - for games, includes token rewards, encrypted wallet generator
Subscription API - for membership, fan or subscription based marketplaces
Providers can only deploy 2 apps per each API
What is "sync"?
Deployed APIs by provider performs smart contract indexing for NFTs and caching NFT metadata to offer faster queries to marketplaces. The sync feature allows regeneration of entire marketplace data including user participants. This ensures that
Can Marketplace Owners change Providers?
Yes, they are allowed to change provider with migration fee voted by the community. Migration Fee distributed as follows, 25% received by DAO, 25% Current Provider, 50% to Liquidity.