Throne has developed an exciting and disruptive blockchain technology that will transform our relationship to content and empower content creators like never before.
An NFT marketplace for the next generation of creators and collectors.
Focusing on the defining NFT revolution to bring everyday users on-chain to transact NFTs and build a trusted collection. The importance of technology and contemporary culture is reflected in everything we do, and we have clearly set ourselves apart as a vibrant force in the market because of it.
All creators will be able to list for auction their works in minutes, while collectors from around the world can purchase, make offers, and bid on digital assets in the form of photos, videos, audio, as a non-fungible token (NFT). NFTs are groundbreaking instruments, they’re unique, provably scarce, liquid, and usable across multiple applications. Just like physical goods, you can do whatever you want with them! But unlike physical goods, they're armed with all the programmability of digital assets.
A core part of our vision is that open protocols like Ethereum and interoperable standards like ERC1155 will enable vibrant new economies where creators and collectors truly own this powerful brand new type of digital item. Because we think open, liquid marketplaces such as Throne will help power these new economies and will allow leading content creators to make the most of their digital platform and content.
We’re an ambitious team that’s committed to building a transformational product. Collectively, we bring together leading talents from the crypto and creative communities, to the cultural realm. We’ve spent time at Google, Carbon, Universal, Facebook, Chrisitie's, WarnerBros, and Nike. In our spare time, we also design NFTs, produce electronic music, paint, make films, and curate museum exhibitions.
Together, with some of the leading blockchain infrastructures, we are developing a new creative economy and NFT ecosystem that is both scalable and sustainable. Allowing content creators to preserve distinct and verifiable content in a new economy.
What you do, what you make, and what you share online matters. The digital realm isn’t a secondary space anymore, it’s where we live our lives, and it’s where the future is coming into focus. We need better systems for investing in creative expression, supporting visionary artists, and connecting the internet’s creative community. We’re building Throne to fill that need, using the possibilities of crypto to expand what’s possible for creators and collectors alike.
Throne will allow collectors to purchase digital assets that aim to push the boundaries of digital artwork. Brands, creators and collectors who support them are establishing a new paradigm, and we know that what we build together today will be integral to what comes next.
We’ve only just begun scratching the surface of what NFTs mean for creators. It’s incredible to partner with creatives, brands, innovators, influencers, and rights holders to bring content into the NFT realm.
THN is the utility token for the Throne community, network, and marketplace. By creating our own token economy we are able to provide a commission free platform if creators select to transact in THN, providing a more sensible and sustainable solution by driving forward a new creative economy.
In this form, it is an essential utility that both prevents network spam and supports critical network infrastructure.
THN is an ERC-20 token on the Ethereum network and allows for execution of smart contracts and for consensus-based transactions. A blockchain system based on the use of tokens, which can be bought, sold, or traded. Ethereum was launched in 2015, and since then it has become one of the driving forces behind the popularity of cryptocurrency. In the Ethereum system, tokens represent a diverse range of digital assets and the ERC-20 has emerged as the technical standard for all smart contracts on the Ethereum blockchain for token implementation.
As an ERC-20 token, THN can function similar, in some respects, to Bitcoin, Litecoin, and any other cryptocurrency; ERC-20 tokens are blockchain-based assets that have value and can be sent and received. The primary difference is that instead of running on their own blockchain, ERC-20 tokens are issued on the Ethereum network. Luckily, because ERC-20 tokens are so popular, there are many different options for wallets, making THN accessible and operational to so many people around the world.
THN as a token ecosystem, can offer creators on our platform 0% service fees. That means all creators listing their work on Throne and selecting to transact in THN will receive 100% of the purchase price, Throne does not take any fees or commissions on bids, or purchases for transactions in THN. Should a creator select to list their work and receive ETH, they will be able, however Throne will then collect a 10% service fee. As for secondary sales, Throne allows creators to receive a 10% royalty going back to the wallet that originally minted the NFT—in perpetuity.
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