MY Blog: July 2021

Saturday, July 24, 2021

voltnft market ecosystem

INTRODUCTION

Over the years, we've seen a lot of concern and hype regarding real-life use cases that promise to drive blockchain adoption. Well, it is not wrong to say that this year (2021) has ushered in a new phase in the adoption and application of blockchain technology, especially with the growing fame and popularity of non-fungible tokens (NFTs). Beeple's (a digital artist) recent NFT artwork sale for $ 69 million set a new record and the foundation for NFT. This achievement, which is the first of its kind, has raised the level of interest in NFT.

As a result of this development, we have seen many other cryptocurrency artists, creators and enthusiasts enter the NFT ecosystem. On top of that, the market for NFT is also significant enough to register your NFT as it allows them to have easy access to trade. This highlights the importance of the NFT market in the NFT domain. This article aims to discuss the concept of NFT and how VOLT NFT seeks to improve the NFT and NFT market ecosystem.

WHAT ARE NON-FUNGIBLE TOKENS?

First, it is important to understand a basic explanation of what NFT is before providing an overview of the NFT market that this article attempts to explain. Non-fungible tokens commonly known by the acronym NFT, are a collection of digital assets. They are representations of works of art in digital form. The value of NFT is inherent in cryptocurrencies and takes the form of an artistic representation. Just like art, NFT also has its value. NFT is a digital token and can also be viewed as a form of cryptocurrency. The unique aspect of NFT is that it does not allow for similar exchanges or transactions. In other words, if you trade your NFT for another NFT, what you get will be very different from what you trade. Furthermore, an NFT can only have one owner at a time; that is, the owner has exclusive ownership rights over any form of NFT.

In addition, the uniqueness of the NFT data facilitates the verification of ownership and also the transfer of tokens between owners. There is a high level of integrity in proprietary data. The owner or creator of an NFT asset can store some specific information or details within it.

NFT MARKET

The NFT market plays an important role in trying to bring buyers and sellers together. Also, there are some examples where they provide additional tools for creating NFTs. The marketplace allows artists to list their artwork for sale and also makes it easier for buyers to inspect and purchase artwork of their choice. The NFT market is an important aspect of the current NFT buzz and trend as they ensure easier access to NFT. We have seen the development of many markets for NFT and this creates a lot of difficulty in making decisions about the best market for content creators and artists. VOLT NFT is arguably the first emerging market for NFT in the NFT ecosystem. The team's goal is to create an NFT market that guarantees maximum value and benefit.

NFT VOLT

VOLT NFT is a platform where users can buy, sell and even discover exclusive digital assets. Most of the NFT markets we have today are just NFT transaction platforms with no other initiatives or features. But with VOLT NFT, the goal is to make those experiences much more engaging and fluid and bridge the gap between producer and consumer by providing the best experience possible. VOLT NFT is not just a market for NFTs, but a digital marketplace for NFTs and other cryptographic collectibles. The goal is to create not only the best, but also the largest NFT market that provides different types of NFTs such as trading cards, artwork, crypto collectibles, sports among others.

One of the highlights of VOLT NFT is its multi-chain support. The purpose of this functionality is to develop a chain that goes beyond the ethereum blockchain network; create a multichain NFT platform so that users can easily store and trade their NFTs across multiple chains without any form of barrier. Although, in the early stages of launch, VOLT NFT will be launched on the ethereum blockchain network but will spread to other blockchains as they develop. This will certainly make it one of the most trusted high-end markets for NFT trading.

Furthermore, the VOLT NFT digital market can also be compared to amazon on the blockchain. Some items, including collectibles, works of art, etc., are protected by blockchain technology. The VOLT NFT platform is such that you can buy, sell and trade your NFT with anyone around the world. VOLT NFT is currently one of the fastest growing NFT markets for digital assets. The cross-chain capability of the VOLT NFT platform will allow

Details:
Token Name: VOLTNFT
Network : Ethereum
Symbol : Volty
Decimal : 18
Total Supply: 20,000,000 VOLT

Username: Hasan986

BTT profile link: https://bitcointalk.org/index.php?action=profile;u=1072443

Erc20 adress: 0x478C1358706c4F04dfdf34218585f306cEa8f5ac

Voltnft

Description:

We follow our social media personalities, favorite artists, celebrities, tattoo artists, photographers to see all the amazing things they do and create, instead of just following them you can own some of their creations. With the Volt NFT marketplace, you can buy and sell digital goods, collectibles from your favorite artists. Buy your digital assets as non-fungible tokens also known as NFTs.

What is NFT?

Non-fungible tokens are tokenized versions of non-fungible assets such as works of art, real estate, collectibles. Non-exchangeable tokens can be used to create verifiable digital scarcity as well as digital property. The privileges of non-fungible tokens revolve around three (3) concepts, namely; Unique, rare and indivisible.

What is NFT VOLT?

Volt NFT is the first NFT marketplace that allows users to sell and buy collectibles and leverage NFT on multi-chain medium. The platform provides an ecosystem of services through an easy-to-use interface, connecting the community and enabling full transparency and traceability of collections.

Many NFT markets are just that: a market. Sufficient platform to carry out NFT transactions on the chain. However, according to Volt NFT, the NFT experience should be more than that. Volt NFT's mission is to bring content creators closer to consumers and provide the best experience for creators and customers.

Features NFT Volts

Multi-chain support - An important goal is to go beyond the ETH network and develop the first native multi-chain NFT platform, so that customers can store and trade their NFTs across multiple chains. Initially, VOLT NFT will be launched on the ETH network, adding more blockchains as they grow.

Launchpad NFT - VOLT NFT will provide a way for the VOLT NFT community to support and provide capital for new projects or upcoming NFT artists. NFT fundraising will only be held in native VOLT NFT tokens.

Decentralized and not allowed - The VOLT NFT framework is designed to maximize the benefits of owning and trading digital assets. The underlying technology relies heavily on blockchain and automated smart contracts.

What are VOLTY tokens?

VOLT NFT will use the VOLTY token to reward creators and traders, fundraising on the platform and governance.

Tokonomics

Token name: VOLT NFT

Token ticker: VOLTY

Total supply: 20,000,000 VOLTY

Network: Ethereum

ID: 10%

Team: 15% (locked for 24 months)

VOLT DAO: 35%

Reward: 20%

Stake: 10%

Platform development: 10%

Use the VOLTY Token Case

Governance - Creators, merchants and all other VOLTY owners will decide the future of the project. We will vote for a more decentralized type of government. Using the VOLTY governance token, the owners will decide the roadmap, the new features implemented and the future objectives of the project.

Payments - The primary interchangeable digital currency is VOLTY for all Marketplace transactions.

Prizes - Prizes distributed and awarded for all uses will be denominated in VOLTY.

Fees - All fees for NFT Marketplace applications, including registration fees, are paid by VOLTY.

Launchpad: Fundraising on the platform for new creators and projects will only be done in VOLTY tokens.

Conclusion

NFTs have become very popular with cryptocurrency users and companies due to the way they are revolutionizing the gaming and collectibles space. Due to the rare nature of NFTs and the high demand from players, collectors and investors, people are often willing to pay a lot of money for them. VOLT NFT's goal is to eventually transfer power to a user-controlled software-based system. Any user, located anywhere in the world, can use VOLTY as a secure exchange of value. The platform provides an ecosystem of services through an easy-to-use interface, connecting the community and enabling full transparency and traceability of the collections.