FAQs - ELMONX Help Center

ElmonX is the name of our website. We created ElmonX to use the blockchain technology and smart contract capabilities to create exclusive NFT's. ElmonX mobile apps will showcase the full capability's of this technology in a new unique format.

An NFT is a digital collectible. Digital collectibles have existed for a while. NFT's incorporate blockchain technology, which gives them benefits over traditional digital collectibles. Like any other physical collector's item, but instead of receiving an oil painting on canvas to hang on your wall, for example, you receive digital files. However in some cases you may receive a physical offering such as a real life statue, to coincide with your digital asset.

ElmonX NFTs will adhere to various standards, including ERC-721 for Ethereum and Polygon-based NFTs, and Taproot inscriptions for Bitcoin Ordinals. The marketplaces where NFTs are sold will depend on the blockchain standard. Ethereum and Polygon NFTs can be traded on platforms like OpenSea, while Bitcoin Ordinals are typically supported on marketplaces like Magic Eden or Gamma.

Yes, ElmonX NFTs can be resold on marketplaces such as OpenSea, Magic Eden, and others. Note that there may be a royalty fee associated with the resale, which could include a percentage fee for ElmonX as well as potential fees charged by the platform itself.

In order to purchase a ElmonX NFT, you will need to conduct two important steps. First, you will need to purchase ETH from a crypto-currency exchange. Payments for drops can also be using fiat, it will be stated prior to the release. ElmonX NFTs on third party platforms such as VeVe or MakersPlace will have different policies.

All ElmonX artwork and tokens are intellectual property owned by ElmonX and the respective license holders, as such token owners cannot sell or distribute ElmonX artwork or designs in any way. If stated otherwise it will be on the specific NFT collection.

Most of our NFTs are minted on ERC-721 compliant contracts deployed to the Ethereum blockchain. This format is considered the "gold standard" for digital collectibles due to its widespread support. Additionally, we have utilized other blockchains, with some NFTs inscribed on Bitcoin and others minted on Polygon.

This depends on the specific collection, details will be in our Medium blog posts.

This depends on the NFT collection, it will be stated prior in our Medium article.

You will need a non-custodial wallet to be able to purchase an NFT. OpenSea accepts wallet payments from MetaMask, Portis, and WalletConnect compatible wallets for secondary market sales. You will need to transfer ETH into one of these non-custodial wallets.

Please refer to this article for a step-by-step guide: "How to set up a Metamask wallet." You can also watch this video.

You can verify the amount of redemptions a token has by visiting the specific token's page and viewing the redemption count as marked by our redemption key symbol if applicable.

The information will be in the product description, otherwise somebody from the ElmonX team will reach out to you in regards to shipping or collection for your physical redemption if applicable.

Yes! Elmonx has partnered with Ecologi.com to plant trees and offset carbon CO2 for every sale made on Elmonx.com, you can view our Ecologi profile here https://ecologi.com/ElmonX and help tackle the climate crisis with us. Our partner VeVe uses a 100% eco-friendly blockchain: https://www.immutable.com/

Frequently Asked Questions