What is Social NFT?Meet Social NFT, a BNB based NFT (non-fungible token) platform for social media personalities who want to create digital collectibles of their likeness. Social NFT Marketplace is revolutionizing the NFT industry by connecting an NFT marketplace with social media outlets. It provides social media users and businesses a platform to sell their images to earn passive income. Secured with blockchain technology. Social NFT uses Binance Smart Chain’s (BSC) BEP-721 Protocol.
Non-Fungible Tokens (NFTs) become easy and accessible with Social NFT Marketplace in its ecosystem. By this, you are allowed to upload social media images and create the NFTs within a secure and decentralized manner. The SNFT Marketplace will provide a crypto-powered digital item and trading platform for users to build, purchase and sell NFTs traded against the SNFT token, and also provide additional services including auction listing, governance mechanisms, trade history tracking, based on user opinions, and more!
With the contribution of NFTs, now social media users may be able to generate passive income from Social Media and it provides another platform to diversify their social portfolio.
Features and Functionality● Decentralized and non-permissible — The SOCIAL NFT Framework is
designed to optimize the benefit (and minimize risks) of digital asset
ownership and trading. Our core technologies depend strictly on the
blockchain, automated smart contracts.
● Blockchain Protocol — The SOCIAL uses the Binance blockchain and
protocol, with a native token named SNFT. It will share the security
advantages of the entire Binance network, avoiding the possibility of a
consensus attack.
● Less Costly Fee Exposure — There will be some charges applicable like
application usage fees for trade execution, NFT creation and listing,
NFT auctions and network fees for SNFT transfers will apply.
● On-Chain Management governance — The SOCIAL NFT Marketplace
governance allows stakeholders to seamlessly amend the basic
protocol and change essential framework parameters to meet the
changing needs of the environment and the community.
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● Client Partnerships — SOCIAL NFT Marketplace provides a UNIQUE
platform for users who want to bring their digital products to the NFT
marketplace where they can sell their own images or items on a
marketplace with established business models.
● Incentivization and Rewards — User Base Incentivization and Rewards
— Community is almost everything and the SOCIAL NFT Marketplace
will focus entirely on rewarding early adopters for their valuable
contributions through various incentive and reward schemes designed
to support successful creators, sellers, and buyers. In addition to the
incentives for use, the SOCIAL NFT Marketplace uses a Proof of Stake
model that can offer its own rewards for being a network validator.
Whitepaper: https://socialnft.market/whitepaper.pdf
Media Links:Website:
https://socialnft.market/Twitter:
https://twitter.com/NftSocial?s=20Instagram:
https://www.instagram.com/social.nft.marketplace/Telegram Chat:
https://t.me/SocialNFTYoutube:
https://www.youtube.com/channel/UCAAV_8YwHqTqQgmK3z5jmcwMedium:
https://socialnftmarketplace.medium.com/introducing-social-nft-the-nft-marketplace-for-social-media-personalities-fb47a3c6fbb3
