BitnovaNFT White Paper
BITNOVA NFT Whitepaper
Version
1.0
Blockchain
Polygon (ERC-1155)
1. Introduction
BITNOVA NFT is a fully decentralized, fixed-supply digital asset deployed on the Polygon
blockchain using the ERC-1155 multi-token standard. The project is designed with a strong
focus on transparency, immutability, and long-term sustainability. Once deployed, the smart
contract operates autonomously without administrative control, upgrade mechanisms, or
additional minting capabilities.
The goal of BITNOVA NFT is to provide a globally accessible, trust-minimized digital asset that
can be freely traded, transferred, and integrated across decentralized marketplaces and
applications.
2. Vision & Philosophy
The core philosophy of BITNOVA NFT is "Deploy once, trust forever."
Key principles:
No central authority after deployment
Fixed and verifiable supply
Permissionless transfers
Permanent metadata storage
On-chain royalty enforcement
BITNOVA NFT is built for users who value decentralization, transparency, and immutability over
centralized control.
3. Technical Overview
3.1 Token Standard
ERC-1155 (Multi-Token Standard)
Supports efficient batch transfers and lower gas costs
3.2 Network
Polygon (PoS)
Low transaction fees
High throughput
Ethereum-compatible
3.3 Smart Contract Design
No mint function
No owner or admin privileges
No upgrade proxy
One-time supply creation at deployment
4. Tokenomics
4.1 Total Supply
1,000,000,000 (1 Billion) NFTs
Fixed and immutable
4.2 Token ID
Single Token ID: 1
NFT under ERC-1155
4.3 Distribution
100% of supply minted once at deployment
Initially allocated to the treasury wallet
No future minting possible
5. Royalties & Fees
BITNOVA NFT implements the EIP-2981 royalty standard.
Royalty Rate: 5%
Royalty Receiver: Treasury wallet
Royalties are enforced at the protocol level
This mechanism supports long-term ecosystem sustainability while maintaining decentralization.
6. Metadata & Storage
6.1 Metadata Hosting
IPFS (InterPlanetary File System)
Immutable and censorship-resistant
6.2 Content
NFT name
Description
Image link
Attributes (optional)
Once uploaded, metadata cannot be altered, ensuring long-term integrity and trust.
7. Security Model
Security considerations include:
Solidity ^0.8.x (built-in overflow protection)
Minimal contract surface area
No external calls
No privileged roles
The contract is designed to minimize attack vectors by eliminating unnecessary features.
8. Use Cases
Digital collectibles
Marketplace trading
Community-based ownership
DeFi integrations
Token-gated access systems
The ERC-1155 design allows flexible integration into multiple Web3 ecosystems.
9. Marketplace Compatibility
BITNOVA NFT is compatible with all major ERC-1155 supporting platforms, including:
OpenSea
OpenSea
Magic Eden
Rarible
Custom decentralized marketplaces
10. Governance
There is no on-chain governance or centralized control.
All rules are enforced strictly by the smart contract code, ensuring neutrality and permanence.
11. Legal Disclaimer
BITNOVA NFT is a digital asset and does not represent equity, ownership, or financial
instruments. Nothing in this document constitutes financial advice. Users participate at their own
risk and are responsible for complying with applicable laws and regulations in their jurisdiction.
12. Conclusion
BITNOVA NFT is a decentralized, fixed-supply NFT project built with a long-term vision of trust,
transparency, and permanence. By eliminating centralized control and embracing immutable
infrastructure, BITNOVA NFT aims to stand as a reliable digital asset within the global Web3
ecosystem.
