Questions

Founded in 2021, GRYPH began as an NFT Clothing Brand and Merchandising platform, quickly becoming a pioneer in the digital fashion space. We were the first to offer customers the ability to purchase Collector’s Editions—merchandise and NFTs bundled together—using traditional payment methods like FIAT/CASH. Our platform, launched as a proof of concept in December 2021 in the Philippines, was initially designed to support the trading of GRYPH NFTs through our proprietary marketplace.

However, our vision evolved. Co-Founder Mickele Macon, through active participation in NFT discussions on Twitter Spaces, recognized a growing need within the NFT community for a new kind of marketplace. This realization sparked the creation of the GRYPH Marketplace—a platform built for the community, by the community, to propel the NFT space into new heights.

What Sets the GRYPH Marketplace Apart?

The GRYPH Marketplace isn’t just another NFT platform—it’s the first of its kind in several key areas:

  • First DeFi NFT Marketplace: We’ve integrated decentralized finance (DeFi) into our marketplace, setting a new industry standard.
  • Whitelabeled Minting and Marketplace: Creators can mint and manage their NFTs with their own branding, offering unprecedented flexibility.
  • Whitelist Section: A dedicated space for new projects, allowing early adopters to participate in exclusive sales.
  • Flash Sales: Our platform detects frequent minting activities on the blockchain, giving buyers the chance to grab NFTs before they’re gone.
  • Cross-Chain Support: We’re the first marketplace to support all Ethereum-based blockchains (EVM) as well as Solana, providing true cross-chain functionality.
  • Customizable Smart Contracts: We offer whitelabel standard contracts that can be tailored to meet specific needs.
  • Categorized Listings: NFTs are organized by categories, making it easier for buyers to find exactly what they’re looking for.
  • Side Chain for Gas Efficiency: To reduce transaction costs, we’ve implemented a side chain solution.
  • Serverless Infrastructure: Our platform is built on cutting-edge serverless technology for enhanced security and performance.
  • Anti-Rug Pull Standards: Our innovative approach includes mechanisms to prevent rug pulls, ensuring safer investments for our community.

We’re not just building a marketplace; we’re setting the new standard for how tokens are launched and traded. Our commitment to transparency and innovation ensures that everyone involved—from users and buyers to investors—benefits from our ecosystem.

Addressing Concerns:

  1. How do I know GRYPH is legitimate?
    Our smart contracts are designed to limit withdrawals, ensuring a gradual release of funds over time. For example, it would take over 15 months to withdraw all funds. We encourage you to review our smart contracts before making any purchases.

  2. What is the official website of the GRYPH Marketplace?
    Visit us at https://gry.ph for more information and updates.

  3. How many GRYPH tokens are being minted?
    We’re minting a total of 1,000,000,000 $GRYPH tokens.

  4. Where can I get GRYPH tokens?
    Details on the public sale will be available on our website. Follow us on social media, or join our Discord and Telegram communities for real-time updates.

  5. How much GRYPH can I purchase during the Public Sale?
    You can buy as many tokens as you like until the public sale allocation runs out.

  6. Is there still a chance to get GRYPH tokens after the initial sale?
    Yes, after the public sale, GRYPH tokens will be available on various crypto exchanges.

  7. Can I request funding for an NFT project?
    Absolutely. We encourage creators to seek funding for their NFT projects through our platform.

  8. How much GRYPH will be transferred to the Treasury?
    200,000,000 tokens will be allocated to the Treasury to fuel the Economy Engine.

  9. How will you manage token liquidity?
    200,000,000 tokens are set aside for distribution through exchanges, swaps, and liquidity pools.

  10. How can you assure that this project won’t become a rug pull?
    All team members, including marketing and partnerships, will receive $GRYPH incrementally after the first six months (180 days). Treasury and liquidity tokens will be minted as soon as there’s a smart contract in place to receive them.

  11. How are rewards split?
    A 2% fee is deducted from each NFT sale to fund the platform, with $GRYPH rewards distributed to both the buyer and seller. The reward amount depends on the purchase value.

  12. Are there any fees for creators minting NFTs on the GRYPH platform?
    Creators who mint their NFTs on the GRYPH side chain enjoy zero platform fees in the secondary market—no listing or transaction fees.

  13. How can I join the GRYPH community?
    Join our Discord or Telegram communities for more information and to become a vested member of the GRYPH family.

At GRYPH, we’re committed to pioneering the future of NFTs and digital assets. Join us on this journey as we create a marketplace where everyone wins, and the NFT space continues to grow and thrive.