iFig Network Whitepaper
The World's First Physical NFT Minting & Creation Open Platform — Bridging Digital Assets with Physical Collectibles
1. Executive Summary
iFig Network is pioneering the world's first open platform for physical NFT minting and creation. We enable anyone to create collections, upload artwork, set edition limits, and allow users to claim minting rights to print physical figures while minting Entity NFTs on the Solana blockchain. Our platform bridges the gap between digital ownership and physical collectibles, creating a new paradigm for creators and collectors alike.
Vision
To become the global infrastructure for physical NFT creation, enabling seamless transformation of digital art into tangible collectibles.
Mission
Empower creators worldwide to monetize their digital art through physical merchandise while providing collectors with verifiable, unique physical assets.
Value Proposition
Combining blockchain transparency, AI-powered 3D modeling, and professional 3D printing to create a new category of collectibles.
2. Problem Statement
The current NFT ecosystem faces several critical challenges that limit adoption and value creation for both creators and collectors.
NFTs Lack Physical Presence
Traditional NFTs exist only in the digital realm, making it difficult for collectors to display, share, or emotionally connect with their assets. The intangible nature limits mainstream adoption and long-term value retention.
High Barriers for Creators
Artists and creators face significant technical and financial barriers to enter the NFT space. Creating smart contracts, managing minting, and handling physical merchandise production requires expertise most creators don't possess.
Limited Collector Experience
Collectors cannot physically interact with their NFT investments. There's no way to showcase digital ownership in the physical world, reducing the social value and enjoyment of collecting.
Fragmented Market Infrastructure
Current solutions for physical NFTs are fragmented, requiring creators to coordinate between multiple platforms for design, minting, manufacturing, and shipping. This complexity discourages participation.
3. Our Solution
iFig Network provides an end-to-end platform that seamlessly connects digital NFT creation with physical collectible manufacturing, powered by blockchain technology and AI.
Entity NFT Standard
A new NFT standard that intrinsically links digital tokens with physical collectibles. Each Entity NFT represents verifiable ownership of both the digital artwork and its physical manifestation, with on-chain proof of manufacturing.
Open Creation Platform
Anyone can create collections without permission. Upload images, set edition limits, configure printing parameters, and launch your collection. The platform handles all technical complexity including smart contracts, AI modeling, and manufacturing coordination.
Dual Token Economy
$IFIG token for governance and value capture, paired with iFig Coin for stable in-platform transactions. This separation ensures price stability for users while allowing token holders to benefit from network growth.
DePIN Manufacturing Network
Decentralized Physical Infrastructure Network connecting professional 3D printing facilities worldwide. Print nodes earn rewards for fulfilling orders, ensuring quality, capacity, and geographic distribution.
4. Technology Architecture
iFig Network is built on cutting-edge blockchain and manufacturing technologies, designed for scalability, security, and user experience.
Technology Stack
Blockchain Layer
High-performance Layer 1 blockchain optimized for NFTs and DePIN applications with sub-second finality and minimal transaction costs.
NFT Standard
Advanced NFT implementation supporting compressed NFTs for cost efficiency and extensible metadata for physical attributes.
Permanent Storage
Immutable, permanent storage for artwork, 3D models, and NFT metadata ensuring long-term preservation and accessibility.
Smart Contracts
Secure, audited smart contracts managing collections, minting, royalties, and marketplace operations.
Core Smart Contracts
Collection Contract
Manages collection creation, configuration, edition limits, and pricing. Supports both single-image editions and multi-image drops with individual limits per artwork.
MintTicket Contract
Handles claiming mechanics, expiration, transfers, and mint code generation. MintTickets represent the right to print a physical figure and are tradeable assets.
Entity NFT Contract
Mints Entity NFTs upon successful printing, recording manufacturing proof, print sequence number, and linking to the physical item's unique identifier.
5. Tokenomics
The iFig Network economy is powered by a carefully designed dual-token system that balances utility, stability, and value appreciation.
$IFIG Token (On-chain)
- • Governance voting rights in DAO decisions
- • Staking for DePIN node operators
- • Value capture through buyback and burn
- • Platform fee payments with 20% discount
iFig Coin (Off-chain)
- • Stable value pegged for payments
- • AI generation service payments
- • 3D printing material costs
- • Daily check-in and task rewards
Token Allocation
Burn-Mint Equilibrium (BME)
Our innovative economic model that dynamically balances token supply based on network usage, creating sustainable value appreciation.
Burn Mechanism
Platform revenue is used to buy back and burn $IFIG from secondary markets. As network usage grows, burn rate increases, reducing circulating supply.
Mint Mechanism
New tokens are minted according to a halving schedule, rewarding manufacturing nodes (Proof of Manufacturing) and creators (Proof of Creation).
6. Business Model
iFig Network generates sustainable revenue through multiple streams while ensuring fair compensation for creators and node operators.
Platform Revenue
Collection Creation Fees
Base fee of 1,000 $IFIG per collection plus 100 $IFIG per image requiring AI modeling. Covers smart contract deployment and initial setup.
Trading Fees
5-10% transaction fee on NFT sales and transfers. Split between platform operations, creator royalties, and token buyback.
Printing Services
Margin on manufacturing services including materials, labor, and shipping. Competitive pricing through DePIN network efficiency.
Creator Revenue
Claim Fees
Creators set claim prices for their collections (can be free). Receive 90% of claim fees, with 10% to platform.
Secondary Royalties
Configurable royalty rate (0-10%) on all secondary sales of Entity NFTs from their collections. Enforced on-chain.
Direct Sales
Personal product marketplace allows creators to sell pre-printed items directly, receiving 95% of sale price.
7. Roadmap
Our roadmap showcases the complete journey from AI+3D printing to global physical NFT ecosystem.
Phase 1: AI+3D Printing Platform
Q1~Q3 2025
Launch AI-powered 3D printing platform, enabling automated production from 2D artwork to physical figures.
Phase 2: Smart Contracts & Web3 Development
Q4 2025
Complete Solana smart contract development, build Web3 platform frontend, enable wallet integration and on-chain asset management.
Phase 3: Platform Launch & Airdrop
Q1 2026
Official Web3 platform launch, $IFIG token airdrop campaign and community incentive programs.
Phase 4: Secondary Marketplace
Q2 2026
Launch secondary marketplace for MintTicket and Entity NFT trading, with on-chain royalty enforcement and creator analytics.
8. Team & Advisors
iFig Network is built by a passionate team combining expertise in blockchain development, 3D printing technology, and platform operations. Our advisors bring experience from leading Web3 projects and manufacturing enterprises.
Engineering
Full-stack blockchain and AI development team with Solana, Rust, and 3D modeling expertise.
Design & Product
UX/UI specialists focused on creating intuitive experiences for creators and collectors.
Operations
Manufacturing and logistics experts managing the global print node network.
9. Risks & Disclaimer
Investing in cryptocurrency projects involves significant risks. Prospective participants should carefully consider the following risk factors before engaging with the iFig Network.
Market Risk
Cryptocurrency markets are highly volatile. The value of $IFIG tokens may fluctuate significantly and could decrease to zero. Past performance is not indicative of future results.
Regulatory Risk
The regulatory landscape for cryptocurrencies and NFTs is evolving. Changes in laws or regulations could adversely affect the platform's operations or token value.
Technology Risk
Smart contracts may contain bugs or vulnerabilities. While we conduct thorough audits, no system is completely secure. Users should only invest what they can afford to lose.
Operational Risk
The platform depends on third-party services including blockchain networks, storage providers, and manufacturing partners. Disruptions could affect service delivery.
10. Conclusion
iFig Network represents a paradigm shift in how we think about digital ownership and physical collectibles. By creating seamless bridges between NFTs and tangible assets, we're unlocking new possibilities for creators, collectors, and the broader Web3 ecosystem. Our open platform approach, combined with innovative tokenomics and cutting-edge technology, positions iFig Network to lead the physical NFT revolution. Join us in building the future of collectibles.
Legal Disclaimer
$IFIG is a utility token designed to incentivize network participation and does not represent equity, ownership, or any claim to dividends or profits. This whitepaper is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry significant risk. Please conduct your own research and consult with financial advisors before participating.