NFT Proposal
Created by:
[Sender.FirstName][Sender.LastName]
[Sender.Company]
Prepared for:
[Client.FirstName][Client.LastName]
[Client.Company]
Introduction and Cover Letter
Dear (Mr/Ms) [Client.LastName],
Thank you for considering [Sender.Company] for your NFT needs. After learning more about your requested NFT and its needs, I’m confident our team is the best option to deliver exceptional results securely within the provided timeline and budget. You will find attached our NFT proposal and any of the relevant details surrounding its creation.
Our company has a long-standing reputation of excellence in the crypto and blockchain industry, having created successful NFTs before. We hire only the very best and have strict training and creation procedures that ensure our clients are always satisfied.
We pride ourselves on our work and moral ethics and look forward to working on this project together with you.
Kind regards,
[Sender.FirstName][Sender.LastName]
[Sender.Company]
Why Us
Our company [Sender.Company] offers unique NFTs that are suited to your business’ brand and needs. Some of the key reasons you will benefit from hiring us over another freelancer or company are:
We ensure to keep you involved in the creation process, which ensures you are happy with the final result.
Your NFT will be unique and crafted by an experienced digital artist(s) in our team.
The NFT will be more than a simple visual graphic; it is a representation of your brand and contains underlying links to third-party experiences.
Our team will always communicate with you using a prompt, professional manner and are available for any queries
What Our Customers Say
Below, you will find what our other customers have said, along with NFTs we have designed over the years:
(NFT.Image)
(Customer.Company)
(Customer.Testimonial)
(NFT.Image)
(Customer.Company)
(Customer.Testimonial)
(NFT.Image)
(Customer.Company)
(Customer.Testimonial)
Our Team
We believe a major part of any successful project is knowing who you are working with. Meet our team that has developed [Sender.Company] into the successful business it is today:
(Employee.FullName)
(Employee.JobTitle)
(Employee.Description)
(Employee.FullName)
(Employee.JobTitle)
(Employee.Description)
(Employee.FullName)
(Employee.JobTitle)
(Employee.Description)
(Employee.FullName)
(Employee.JobTitle)
(Employee.Description)
Executive Summary
[Sender.Company] will create a unique NFT for [Client.Company], which includes designing the Artwork of whatever format it may be (“Artwork”), coding the token, adding any additional links or connections, creating the ether wallet, storage, and transferring the NFT to the Client.
We will focus on the following goals for this project:
Creating a unique NFT Artwork
Developing the NFT, along with its connections and experiences
Integrating the NFT into the [Client.Company] and any third-party sites
Publishing the token on the approved third-party crypto marketplaces
You will also find a detailed breakdown of your project’s Design Process, Project Overview, Milestones, Pricing, and Licensing requirements.
NFT Design Process
Create
After conducting research and evaluating [Client.Company]’s brand image, we will create an NFT design that represents the company. This design will incorporate recent trends and focus on the following goals:
Providing three to five drafts of the NFT design
Providing three to five third-party sites for the linked experience
Finalizing which design and link we will use for the NFT
Develop
Once we receive approval for the design and Artwork, we will create the NFT. This creation process will include its base coding and design of the NFT. Our team will regularly communicate with [Sender.FirstName][Sender.LastName] to keep you informed of our progress. We will conduct preliminary tests as we develop it to quickly identify any possible issues and obstacles that could cause delays.
Integrate
Once the NFT is completed, we will integrate it with the ether wallet we create for it. That includes ensuring it is properly stored on the blockchain’s distributed ledger and has all the correct licensing at third-party marketplaces. We will also complete the final testing at this stage to ensure the NFT works as it should.
Publish
Once we receive your approval of the final product, we will publish the token on the third-party marketplace of your choice, or multiple ones, and hand over all of the final documentation, software, and design templates to [Sender.Company].
Project Overview
At [Sender.Company], we aim to provide the best NFTs with completely original Artwork. We are dedicated to (Mission.Statement), and have put together a project overview that will show you what we require to complete the NFT.
Hardware, Technology, and Software Requirements
To create an NFT, you first need to choose the format. The Artwork will be created using this format, and Artwork is used as an overarching term for all NFT formats. We will give you the following options:
PNG (Portable Network Graphics) – Ideal for higher-quality art pieces
TIFF (Tagged Image File Format) – Ideal for printed pieces
MP4 (MPEG Audio Layer 4) – Ideal video format
MP3 (MPEG Audio Layer 3) – Ideal audio format
We will also create an ether (crypto) wallet, which can either be a:
Hardware wallet – Physically connected to a computer and provides additional security while being accessible offline.
Should this option be chosen, an additional fee will be added to purchase the required hardware. The fee can vary depending on what hardware the [Client.Company] approves from the list of options [Sender.Company] provides.
Regular wallet – Online crypto wallet stored on the blockchain network and easily accessible from anywhere.
Should this option be chosen, there is no hardware charge, but there might be a fee from the platform used to create the wallet. Such fees will not amount to more than $(Amount).
After the wallet is created, we must add cryptocurrencies to it. The added cryptocurrency must cover the NFT fees, which we work into the overall pricing for this project. We give the [Sender.Company] the choice of the following cryptocurrencies:
Bitcoin
Ethereum
Litecoin
Dogecoin
Ripple
Tether
Binance Coin
Solana
Cardano
Artwork Licenses
We create original Artwork for this NFT. At the end of the project, we retain:
Artwork licensing rights on the NFT, which means we receive (Percentage)% royalties each time the NFT is sold. These royalties will continue for as long as the NFT exists, no matter its current ownership or its sale status.
No artwork licensing rights on the NFT, which means once we hand it over to [Client.Company], we only retain the right to showcase the token for marketing and portfolio purposes. We also will not receive any royalties when it is resold. However, in turn, a sale of Artwork will apply to the overall project price.
If [Client.Company] provides [Sender.Company] with the applicable Artwork to use for this NFT, then this section is invalid, as [Client.Company] will retain sole licensing rights over that Artwork.
Disclaimers and Liability
Creating an NFT always comes with inherent risks due to the volatile nature of blockchain, cryptocurrencies, and other digital assets. The Client understands that the Sender has no control over the crypto market and cannot guarantee the value of the NFT will remain as it is at the moment of publishing it.
The Sender has no control or influence on the third-party marketplace and so will not be held liable for any problems that arise with the NFT due to its terms and conditions. As such, the Client agrees not to hold the Sender liable for any claims regarding loss, damage, transaction errors, inaccuracies, or other changes that occur due to the terms and conditions of the third-party marketplace.
The Client is also aware of and accepts that NFTs are part of a market that is becoming more regulated in various countries. As such, new regulations can affect their ownership, sale, transfer, or any other right regarding the NFT.
Milestones and Timeline
Using our years of experience at [Sender.Company], we create a realistic timeline of when you can expect to reach specific milestones. We craft this timeline while keeping in mind the budget and time requirements of [Client.Company] for this project.
Milestones | Timeline |
---|---|
Client Consultations and Brand Research | 1st Week |
Presentation of NFT and Experiences Drafts | 2nd Week |
Finalizing NFT Design and Experience | 3rd Week |
Creating and Developing NFT | 4th to 6th Weeks |
Integrating NFT in Various Platforms | 7th Week |
Testing of NFT to Ensure it Operates as It Should | 8th Week |
Publishing NFT on Third-Party Marketplaces | 9th Week |
The projected date for this project to be completed and for [Sender.Company] to hand over the completed NFT to [Client.Company], is (End.Date).
Pricing and Payment Terms
We use the following pricing structure to ensure [Client.Company] has a breakdown of what funding and fees go into the project:
Name | Price | QTY | Subtotal |
---|---|---|---|
Item 1 Description of first item | $35.00 | 5 | $175.00 |
Item 2 Description of second item | $55.00 | 1 | $55.00 |
Item 3 Description of third item | $200.00 | 1 | $200.00 |
Subtotal | $230.00 |
Discount | -$115.00 |
Tax | $23.00 |
Total | $138.00 |
The Client agrees to pay the Sender according to the following payment schedule:
Payment | Date |
---|---|
First 20% of the Total Amount | At the Start of the Project |
Second 40% of the Total Amount | At the Development Stage |
The remaining 40% of the Total Amount | Upon Completion of the Project |
All payments must be made within seven (7) days of receiving the payment invoice at the applicable stage of this project. The Client agrees to make payment using (Payment.Method) or (Payment.Method). The Client understands that if they fail to make payment on time, it can result in delays, the complete termination of the project or not receiving the NFT, as well as the loss of any payments they have already made to [Sender.Company].
Artwork Licensing Rights
After the [Sender.Company] completes the NFT and hands it over to [Client.Company], the artwork licensing rights will belong to (Sender/Client). The (Client/Sender) will have no rights to the Artwork and cannot re-sell, transfer, or reproduce the Artwork in any way. If the NFT is resold, then the owning Party, (Sender/Client), retains ownership over the artwork licensing and will continue to receive royalties on resales. If, for some reason, the non-owning party receives the artwork license, then they will hereby immediately return it to the ownership of the original party, (Sender/Client).
Final Agreement
The Client understands and accepts this proposal by adding their signature below, while the Sender agrees to start with the project once signing below.
[Client.Company]
[Client.FirstName][Client.LastName]
[Sender.Company]
[Sender.FirstName][Sender.LastName]