SOCIAL NFT

 

An online NFT Marketplace for Influencers & Followers, Create+Mint= make money of your likeness.


The Non-fungible Token or NFT asset suddenly became a topic of discussion. The reason is that many parties sell their digital assets at prices up to billions of rupiah. So what exactly is NFT? In economics, these assets can be exchanged for easily exchangeable units such as money. However, if it cannot be exchanged, it means that the object has unique properties, such as a house or a painting like the Mona Lisa.

The recent development of the digital art movement has succeeded in driving the popularity of NFT. The development was initiated by Twitter boss, Jack Dorsey, who managed to sell his first tweet some time ago. NFT searches on Google also continue to experience a fairly high spike. The keyword “non-fungible token” skyrocketed to a score of 100, even though in December 2020 it was still at a score of 0. A score of 100 proves the public interest in NFT is increasing. Digital artist Mike Winkelmann, better known as Beeple, managed to sell an NFT photo collage entitled “Everyday: The First 5,000 Days” for US$69.3 million. The sale was the third-largest sale made by a living artist.

In some ways, NFTs are similar to Bitcoins and other cryptocurrencies, except, of course, they are non-fungible and non-divisible. The first NFTs were part of the Ethereum blockchain, which stores extra electronic information to distinguish their uniqueness. Other blockchains now also facilitate NTFs. Because of the differing blockchain technology behind particular NFTs, not all NFT marketplaces buy and sell all types of NFT. Creators will often select an NFT marketplace based on whether that marketplace supports a specific NFC token standard. Ethereum has released two standards now: ERC-721 and ERC-1155. Competitor, Binance, has since released standards BEP-721 and BEP-1155. The two "1155" standards differ from the original "721" standards because they allow multiple NFTs to be bunched and transacted together.

Most NFT platforms require buyers to have a digital wallet and use cryptocurrencies to pay for their purchases.

Introducing SOCIALNFT

SOCIAL NFT is a BNB based NFT (non-fungible token) platform for social media personalities who want to create digital collectibles of their likeness. Secured with blockchain technology. SOCIAL NFT uses Binance SmartChaint’s (BSC) bep 721 protocol.

Anyone can register on the SOCIAL NFT platform, you are able to buy & sell digital items from the platform. Buy your NFT’s or your favorite celebrities, artists or personalities. All transactions on SOCIAL NFTmarketplace are conducted in the SNFT token or BNB coin.

Features


 

  • The DECENTRALIZED AND DISALLOWED SOCIAL NFT Framework is intended to maximize the benefits (while minimizing the dangers) of owning and trading digital assets. Our fundamental technology is primarily reliant on blockchain-based, automated smart contracts.
  • SNFT, the native currency of BLOCKCHAIN PROTOCOL SOCIAL, is based on the Binance blockchain and protocol. It will distribute security profits throughout the whole Binance network, avoiding the risk of a consensus assault.
  • LOWER EXPOSURE FEES
    There will be some fees, such as application usage costs for trade execution, NFT creation and listing costs, and NFT auction costs.
  • SOCIAL NFT CHAIN MANAGEMENT GOVERNANCE Market governance enables stakeholders to alter the protocol basis and adjust crucial framework parameters in real time to satisfy changing environmental and societal demands.
  • SOCIAL CLIENT PARTNERSHIP NFT Marketplace offers a UNIQUE platform for users who wish to bring their digital products to the NFT marketplace, where they may sell their own photos or commodities in a marketplace with a proven economic strategy.
  • REWARDS AND INCENTIVES
    User Base Incentives and Rewards Community is nearly everything, and the SOCIAL NFT Marketplace will be fully dedicated to rewarding early adopters. In addition to providing incentives to utilize, the SOCIAL NFT Marketplace has a Proof of Stake mechanism that may provide its own benefits for being a network validator.

Potential Market Growth for Social Media Items The NFT market is still in its early stages, but it is expanding year by year, with new NFT enterprises joining the market on a daily basis.

Interacting with the market as a market member takes simply a Binance compliant crypto wallet, a browser, and the click of a button.

For more information please visit :

Website         :https://socialnft.market/

Twitter          :https://twitter.com/NftSocial

Facebook     :https://www.facebook.com/Social-NFT-Marketplace-107634801407846

Telegram     :https://t.me/SocialNFT/82

WH:https://wpdf/Whitepaper.pdf

INSTAGRAM:https://www.instagram.com/social.nft.marketplace/

 

AUTHOR

FORUM USERNAME: herlambang18

FORUM PROFILE LINK: https://bitcointalk.org/index.php?action=profile;u=2609871

BSC WALLET ADDRESS: 0xFd005Ca8e9eDfa0bDC68C75B9B3BBDB2A39c58dA

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