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Zesty Market

Advertise and monetize your creations in the metaverse today
Category
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Shopping
Blockchain
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Polygon
Publisher
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Zesty Market Team
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What is Zesty Market?
Zesty Market is a unique community-owned public good that operates similarly to a cooperative. Governed by its stakeholders, it empowers the community to shape the direction of the platform and funds new initiatives through a treasury system. By accumulating capital through protocol fees, Zesty Market can support useful and productive ideas that benefit the entire community. Additionally, governance token holders receive a portion of the protocol's fees, providing an incentive for active participation and ensuring the sustainability of the network's activities and services. In this article, we will delve into the key features and benefits of Zesty Market, highlighting its community governance model, treasury system, and the role of governance token holders in shaping the platform's future.

Community-Owned Governance
Zesty Market stands out as a community-owned platform, meaning that decisions and governance are driven by the stakeholders themselves. This decentralized approach allows every participant to have a say in shaping the platform's policies, rules, and strategic direction. Through open discussions, voting mechanisms, and community engagement, Zesty Market empowers its users to actively contribute to the decision-making process, fostering a sense of ownership and inclusivity.

Funding Initiatives through a Treasury
To support and finance new initiatives, Zesty Market utilizes a treasury system. This treasury accumulates capital through protocol fees, which are collected as users engage with the platform. These fees are then used to fund useful and productive ideas that align with the community's goals and values. By leveraging the collective resources of the platform, Zesty Market ensures that funding is allocated to projects that enhance the ecosystem's overall value proposition.

Governance Token Rewards
As an additional incentive for participation and contribution, governance token holders in Zesty Market receive a portion of the protocol's fees. Every time a bid on an ad slot is won, a portion of the fees collected is distributed to token holders. This reward mechanism not only encourages active engagement but also provides tangible benefits to those who hold governance tokens. By aligning the interests of token holders with the success of the platform, Zesty Market fosters a vibrant and engaged community.

Sustainable Activities and Services
The revenue generated through the protocol fees and the distribution to governance token holders ensures the sustainability of Zesty Market's activities and services. By collecting fees for advertising bids, the platform can continuously fund its operations, maintain infrastructure, and improve user experiences. This sustainable model ensures the longevity of the platform and its ability to serve the community effectively over the long term.

Collaboration and Productivity
Zesty Market thrives on collaboration and productivity, driven by the community's active involvement. By providing a platform where stakeholders can propose and support initiatives, Zesty Market harnesses the collective knowledge, skills, and resources of its community members. This collaborative environment fosters innovation and enables the realization of impactful ideas that benefit the entire ecosystem. By empowering its users to be active contributors, Zesty Market creates a vibrant marketplace where productive projects can flourish.

Zesty Market sets itself apart as a community-owned public good that operates on the principles of cooperation, community governance, and funding productive initiatives. By engaging stakeholders in the decision-making process, utilizing a treasury system, and rewarding governance token holders, Zesty Market enables the community to shape the platform's future and allocate resources to valuable projects. This collaborative and sustainable approach fosters a sense of ownership and inclusivity, ensuring that Zesty Market continues to provide useful services and activities for everyone involved. Through its commitment to community empowerment, Zesty Market embodies the spirit of collective action and collaboration in the pursuit of shared goals and benefits.
Information
Type
NFT Marketplace
Blockchain
Polygon
Platform
Windows, macOS
Publisher
Zesty Market Team
NFT marketplace
Zesty Marketplace
Version
v1
FAQ
Zesty Market is a monetization platform for Internet Communities, owned by Internet Communities. We provide web3 Monetization for our users and clients. Zesty enables tokenization of digital ad spaces, whether it’s on VR or a section of a live stream into an NFT. The NFT can be rented out to an advertiser as an ad space (think of it as a billboard), and the revenue from the rental would go directly to the creator on-chain.
Our goal is to provide Virtual Space Owners and Advertisers with a method of connection without dependence on a centralized platform.
Zesty enables Virtual Space Owners to create an ad space as an NFT and rent them out to Advertisers.
Virtual Space Owners on Zesty are enabled to tokenize their ad opportunities as NFTs, as this allows anyone in the world with an Internet connection and MetaMask wallet to purchase the ad slot.
Advertisers are enabled to create campaigns (ads) and bid on open ad spaces created by the Virtual Space Owners.
Zesty currently supports CoinBase Wallet & Metamask as it enables you to integrate easy, anonymous, and secure international payments and transactions into web3 applications.
Zesty Market uses a Dutch Auction for price discovery of advertising time slots. The value of the time slot is represented by a linearly decreasing function, when the time slot approaches expiry, the price of the auction approaches zero.
Once you’ve finished setting up MetaMask, you will need to select the appropriate network in order to interact with Zesty Market. Zesty currently functions on the Matic Mainnet.
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