NEFTiPEDiA | $NFT |
0xFaAb744dB9def8e13194600Ed02bC5D5BEd3B85C | Binance Smart Chain (BSC) - BEP20 |
What is NEFTiPEDiA?NEFTiPEDiA is a next-generation decentralized
NFT for all types of marketplaces catering to the growing world of digital artists, creators and collectors.
NEFTiPEDiA (represented by NFT token) wants to be the first truly community-run marketplace and believes that the diversity will make it an eccentric and truly one of a kind project in the world.
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| Through their marketplace, NEFTiPEDiA plans to give artists a means of earning revenue through Non-Fungible Tokens (NFTs) without paying massive commissions and relying on middlemen. |
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The advancement in the blockchain technology and smart contracts have increased the possibilities that one can achieve through Cryptocurrencies and NFTs.
As the world moves towards adopting Blockchain and NFTs as accepted medium of trading, the endless convenience and benefits they offer are unfathomable.
Some of the advantages that the technology offers are instant verifications, faster processing, lower fees and security among other benefits.
NEFTiPEDiA through it’s suite of products can create a healthy ecosystem for genuine buyers and sellers of art and other creative digital assets in the near future
What is Token NFT and how to get it?Token
NFT is a token created on
NEFTiPEDiA to govern the ecosystem of the entire platform.
Token
NFT has a fixed token supply of 750 million tokens.
Why should you purchase NEFTiPEDiA's NFT? and how to get it?NEFTiPEDiA's primary aim is to offer a decentralized marketplace that is owned by the community and isn't centrally controlled by one entity or the founders.
NEFTiPEDiA's marketplace will make it easier for artists to sell their authentic / validated art linked NFTs to interested buyers from the community.
When a buyer purchases an art NFT from the marketplace, they get an exclusive license to the original art and proof of authenticity. This token can now be held or traded at a profitable price.
Investors see NFT tokens as a great choice of investment in the longer term as they are unique and have the potential to increase their value faster than traditional asset classes.
What is Ethereum, Binance Smart Chain and BEP-20 Protocol?Ethereum is the second largest form of cryptocurrency in the world. It is currently the most prominent altcoin on the market today.
Ethereum is an open source, decentralized platform, that allows the implementation of smart contracts. Smart Contracts allow users to interact in a trustworthy environment because the terms of agreements automatically transfer assets between parties when certain conditions are met.
Binance Smart Chain is a forked version of the Ethereum Blockchain and has most of it's features whereas it boast of superior transaction speeds, low transaction fees and a better architecture that allows scalability.
BEP-20 is a token standard on Binance Smart Chain that extends ERC-20, the most common Ethereum token standard. These standards define how the tokens operate on the blockchain and the rules for their usage are coded as well.
MARKET OPPORTUNITY & POTENTIAL GROWTHThe non-fungible token (NFT) market tripled in 2020, with the total value of transactions increasing by 299% year to year to more than $250m. According to a report that studies the NFT market, NFTs are primed to become leading emerging asset class for the virtual economy in the years ahead, both in terms of their financial value and their practical uses, and a major drive of economic activity in virtual worlds.
Because of their unique characteristics, they are impossible to replicate, they can bridge the gap between the virtual and the physical economies, offering a huge market of valuable digital goods that can be scaled, collected, and traded.
The total value of all NFT transactions (which includes sales and all other transactions such as “breeding”, “minting” and renting) increased from to $62,862,687 in 2019 to $250,846,205 in 2020.
The market activity has increased significantly: the total number of active wallets transacting NFTs (including buying, selling, holding or using them in a blockchain application) skyrocketed, growing 97%, from 112,731 in 2019 to 222,179 in 2020. Similarly, the number of buyers and sellers rose from 44,644 to 74,529 (+66%), and 25,264 to 31,504 (+24%), respectively.
The number of active wallets accelerated throughout 2020, suggesting even stronger growth ahead in 2021: Q4’s total growth was twice Q3’s, and three times that of Q2.
NFT traders have also experienced unprecedented financial performance, with profits of up to $500,000 in a single year and certain traders able to generate annual profits in excess of $100,000 from trading NFTs.
Meanwhile, big name brands are increasingly entering the space, creating lucrative NFT-based consumer goods and services.
These include fashion and luxury brands like Nike, Louis Vuitton and Breitling creating virtual fashion products; sports brands like Turner Sports, NBA, F1 and PSG, as well as entertainment brands like BBC, Warner Music, and Paramount creating online collectables and games; video game studios like Ubisoft and Atari creating virtual worlds, games and tokens; and tech companies like IBM, AMD and Samsung creating new services and utilities.
The growth of the NFT market is partly the result of the increase in online activity following the pandemic, but also reflects a wider and accelerating trend towards people spending more of their time – and money – in virtual spaces on virtual goods, services and experiences.
NEFTiPEDiA PRODUCT OFFERINGNEFTiPEDiA's products and offerings are crucial for it's growth. Through phased development, it plans to launch these products and services for its users who have invested in the NEFTiPEDiA ecosystem.
Please check us at:
Website -
https://neftipedia.com/Smart Contract - 0xFaAb744dB9def8e13194600Ed02bC5D5BEd3B85C
BSC -
https://bscscan.com/token/0xFaAb744dB9def8e13194600Ed02bC5D5BEd3B85CWhite Paper -
https://white-paper.neftipedia.com/NEFTiPEDiA-White-Paper.pdfTwitter -
https://twitter.com/neftipediaFacebook -
https://www.facebook.com/neftipedia/Instagram -
https://www.instagram.com/neftipedia/Telegram Chat -
https://t.me/iamneftipediaTelegram Chanel -
https://t.me/neftipediachannelReddit -
https://www.reddit.com/user/NEFTiPEDiAYouTube -
https://www.youtube.com/c/NEFTiPEDiAEmail -
contact@neftipedia.comICO -
https://ico.neftipedia.com/
