Frequently Asked Questions
What is Brand Workx?
Brand Workx helps Artists, Athletes, Authors, Musicians, Influencers and Businesses to build their brands through the power of NFTs, via a simple to use and intuitive platform. NFTs and the associated technology of Blockchain and Cryptocurrency are often still too complicated for the vast majority of people. This is where we come in. Brand Workx helps its users to build their brands through the power of NFTs. The aim of our dedicated NFT Platform is to provide simple to use and intuitive tools that are needed to create and launch a successful NFT Campaign.
What Happens After Our 12 Month Contract?
After the initial 12 month period our agreement will continue, as normal, until terminated by either party, either of which at least giving 3 months’ notice in writing to the other party.
What Support Do You Provide?
You have the option to have us stick with you every step of the way, or give you the reign if you are a veteran in the NFT space.
How Do I Earn?
Our services have no consultation fees, no gas fees, no listing fees – we take all the risk, spending our own time and money on the project and in return we take a commission on the final sale value of a successful auction/listing. The majority of your earnings belong rightfully to you, our client.
Can I Partner With Brand Workx?
If you want to find out more about potential partnership opportunities we’ll be more than happy to lend you our ear. Please email us at: partnerships@nftworkx.com with details about the type of partnership you are looking for/interested in and we’ll be sure to get back to you.
Can I Test Paid Features?
The majority of our services are based on a subscription model where our clients will pay monthly. We firmly believe that our services are well worth the price, but we know that people new to the space may not be wanting to start a commitment. While we pride ourselves on minimising the risk for our clients, we also offer various free options for you to sample our product.
What Is $WRKX?
The $WRKX Utility Token is the token that powers it all, the lifeblood of all of our NFT platforms and marketplace.
What Does $WRKX Do?
WRKX Token, aside from powering all of our platforms and marketplace, holding or staking $WRKX Token on the NFT Workx Platform automatically provides you with a number of member benefits. The number of $WRKX Tokens staked will determine your membership level and the associated benefits. These benefits include but are not limited to: Discounts on NFT Prices, Discounts on NFT Fees, Early Access to NFT Airdrops, APY on Staked Tokens, Partner Benefits & Discounts and more!
How Do I Get $WRKX?
Having gotten the Private-Sale and Pre-Sale marked off the roadmap, we plan to launch our token on PancakeSwap where you’ll have access to a direct purchase. To learn more about our Tokenomics, visit the Token page here on our website.
How Do I Stake $WRKX?
Staking is a way of earning rewards for holding certain cryptocurrencies or tokens. When tokens are staked they are locked up in a crypto wallet, meaning they can’t be traded in the usual way during this period. However, stakers can grow their wallet value over time, by receiving a percentage return for their staking efforts. The reason your tokens will earns reward while staked is because the blockchain puts it to work validating other transactions.
What Is APY?
APY (Annual Percentage Yield) represents your rate of return or the amount of profit or earnings you can make. Depending on how long you choose to stake your WRKX, your earnings may will differ.
What Is The Minimum $WRKX Purchase?
The minimum amount of tokens you can purchase during the private sale is 200,000 ($1000). If you want to purchase less tokens than this you will be able to do this in the next phase: Pre-Sale (IDO).
What Is The Maximum $WRKX Purchase?
There is no set maximum amount of tokens you can purchase but as there is a limited supply available during the private sale, and is based on a first come first served basis.
How Do I Sell My $WRKX?
You will be able to sell 10% when the Token is created (TGE – Token Generation Event), up to 50% 12 months from the TGE and up to 40% 15 months from the TGE.
What is the Value of $WRKX?
The WKRX Token price will be 0.0075 USD for the Pre-Sale IDO and will launch on the Exchange at 0.01 USD.
Can I Trade $WRKX?
Our platforms and marketplace are powered by $WRKX alone, and you are unable to convert your $WRKX into other currencies or tokens directly.
What Happens If $WRKX Doesn't Meet Target Price?
Just like FIAT currencies, the value can fluctuate based on the market and project success. Holding onto your tokens for a longer period of time typically increases the chances of the projects success.