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What is APENFT (NFT)?
APENFT basic info
Cryptocurrency APENFT, abbreviated as NFT, is gaining significant attention in the digital world. NFT stands for Non-Fungible Token, which represents a unique digital asset that cannot be replaced or exchanged on a one-to-one basis. The APENFT project focuses on the creation and trading of NFTs, revolutionizing the way we perceive and interact with digital art. One of the key features of APENFT is its ability to ensure the ownership and authenticity of digital assets. Each NFT created through APENFT is recorded on a blockchain, ensuring a transparent and immutable record of ownership. This feature is particularly crucial in the world of digital art, where counterfeits and copyright issues have been prevalent. Additionally, APENFT provides a platform for artists to showcase and sell their digital creations. By leveraging NFT technology, artists can tokenize their artwork, allowing collectors and enthusiasts to purchase and truly own digital assets. This not only opens up new avenues for artists to monetize their work but also provides a unique and decentralized marketplace for digital art enthusiasts. Another aspect that makes APENFT significant is its focus on community and social impact. The APENFT project aims to support charitable causes and social projects through the sale and auction of digital art. By leveraging the value and popularity of NFTs, the project actively contributes to various charitable initiatives, highlighting the potential of cryptocurrencies in making a positive difference in the world. In summary, APENFT is a cryptocurrency project centered around the trading and creation of NFTs. With its focus on ownership, transparency, and community impact, APENFT is shaping the way we perceive and interact with digital art. This innovative approach has the potential to revolutionize the art industry and provide new opportunities for artists and collectors alike.
NFT supply and tokenomics
Uniqueness
Core businesses of APENFT include: investing in top NFT platforms and artworks, incubating leading NFT artists to build a bridge between world-class artists and the NFT world; sponsoring galleries, organizing art exhibitions or publications, and setting up awards to support artistic creation and criticism; establishing art collections, etc.
Since its founding, APENFT has entered into partnerships with Christie's, Sotheby's, and Nifty Gateway, the world's largest NFT auction houses, as well as Beeple, the well-known NFT artist, with the user base of the two top public chains, which lays a solid ground for expanding its market influence.
Token utility
APENFT was born with the mission to register world-class artworks as NFTs on-chain. NFT is the official governance token issued by APENFT Foundation. It is a decentralized digital asset that is backed by ERC-20/TRC-20 protocols and serves as proof of rights on APENFT.
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What is the development prospect and future value of NFT?
The market value of NFT currently stands at $505.48M, and its market ranking is #142. The value of NFT is widely recognized by the market. When the bull market comes, the market value of NFT will likely continue to increase.
Moreover, if NFT can play a greater role in practical applications, such as APENFT builders fully leveraging the potential of NFT, partnering with more businesses, and increasing its user base, the long-term value of NFT will be significantly enhanced.