NFT has been bombarding the cryptocurrency space with it's uniqueness as well potential of being a progressive and astonishing tool for content creators around the world. NFT known as Non-fungible Token can be described as unique type of crypto token fully backed by an asset.
However, they are non-interchanged with each other as well non - divisible. Also, Non-fungible token is recognized as a special unit of data stored securely on a public ledger of transactions referred to as blockchain. This unique data can be leveraged to represent electronic deed of properties, images, events digital tickets and so on.
Non-fungible tokens offer a lot of innovation and augments the activities of various industries by providing advantages of the digital economy. As such, it has a splendid future which many users and industries have acknowledged, hence promoting increased adoption of blockchain technology.
Today, non-fungible tokens are utilized in the following areas ;
-MEDIA INDUSTRY : Plagiarism and Copy rights infringement are major obstacles that limits the growth of the entertainment business. Nevertheless, NFT employs the finest features of blockchain to mitigate and prevent actions of fraud and replication of creative works.
-ARTWORK : Before arrival of NFTs, most artists were under appreciated and given poor commissions for their creativity. With NFT, artist can display their works to potential buyers and receive decent royalties in form of peer to peer payments without depending on third party services or intermediaries.
Also, NFT plays active roles in gaming, identity management, real estate, digital assets management, licensing and many others.
From the above, one can understand that NFT has diverse use cases which is relevant to different areas, hence continues to boost engagement in the crypto market. Therefore, faultless, modern and open NFT marketplaces are required to accommodate the growing numbers of persons interested in displaying, buying and trading NFTs.
Let's take a look at Xircus (https://xircus.app/) , which is a recent innovation that operates as an online platform that empowers users to create their own marketplace for purchase and sell of crypto collectibles, non-fungible tokens and other exclusive digital assets.
Today, several NFT enthusiasts, influencers and content creators lost a large portion of their profits to many intermediary NFT marketplaces. Thus, Xircus focused on decentralization, takes a step in the right direction and enables users to create their custom marketplace to connect with potential buyers from across the globe.
Nevertheless, Xircus is developed to the world's first multichain gamified DAO ecosystem that enables artists, brands, collectors and many more, to create and launch their own NFT marketplaces without writing any code.
Xircus functions as the ultimate gateway to the world of non fungible assets and digital collectibles, as such the platform is open, easy to navigate as well facilitates building and deployment of personal NFT marketplace in a time saving and costless manner.
Through Xircus (https://xircus.app/) , transition into NFT mainstream market is highly simplified because the Xircus ecosystem do not demand development experience from users, even tech infrastructure and complex smart contracts is made available in Xircus.app to help users build and launch their custom NFT marketplaces.
Also, Xircus assists in cross promotion which attracts other creators and collectors towards users launched marketplaces, thereby establishing opportunities for better profits and increased growth.
Furthermore, the Xircus platform comes with a cross chain compatibility that guarantees support for all EVM compatible protocols. In addition, the platform runs efficiently with two trademark currencies known as Xircus Marketplace Token (XMT) and Xircus DAO token, which fuels every activity across the ecosystem and offers rewards to users.
Noteworthy, the platform is built on a dedicated server with increased speed that is capable of processing huge amounts of requests per minute, cloud firewall is integrated into Xircus infrastructure to restrict illegal ddos attacks and there will be available support for e-commerce plug-ins like Shopify, Woocommerce and Magneto.
In conclusion, all these aforementioned traits and developments are implemented to promote mass adoption of Xircus as well allow users to easily monetize their creativity without leverage of third party NFT marketplaces.
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Thanks for reading, please use the official links below to get more information ;
WEB: https://xircus.app/
TELEGRAM: https://t.me/xircusnft
TWITTER: https://twitter.com/xircusnft
FACEBOOK: https://facebook.com/xircusnft
Author : Geni tamara
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