NFT is currently being developed across many industries. The first applications are in the Gaming, Artwork and Collectibles industries, however, Virtual and Augmented Reality, Real Estate, Event Ticketing, Brand Licensing, and World Asset Coding. The real world is also holding a lot of promise.
NFT is not new. The launch of the first NFT-like token was in 2012 with the introduction of Coloured Coins, aka Bitcoin 2.x, built on top of the Bitcoin network, but the most popular example of NFT is the ERC token. -721 works on the Ethereum network. There are others, such as ERC-1155 developed by Enjin as a new standard for defining video game tokens, which also run on the Ethereum network.
An NFT is unlike any other, either in value or in properties of the token itself. Each token is assigned a hash to distinguish it from all other NFTs of the same type. This feature allows NFTs to act as a proof of origin. There is increasing recognition of the role of proof of ownership and authenticity of intellectual property such as original artwork and in-game tokens, as well as representation of real-world assets. like stocks and real estate. In the world of games and collectibles, NFT is also known as Digital Collection.
The true value of NFT lies in its belief in its ability to authenticate. The easy-to-access blockchain public ledger makes it impossible to commit fraud. Every change is recorded in a database maintained by thousands of computers around the world and can be accessed by anyone.
But the story of NFT as a trend is increasingly evolving into a category and thus, similar to DeFi, the term “NFT” has now formed its own ecosystem and Punk.network Also being used to build Web3.0 components related to Punk-Metaverse- (NFT, DeFi, Layer 0).
Punk.Network is a high-performance NFT-friendly mainnet developed based on Substrate architecture with NPoS (Nominated Proof-of-Stake) as consensus mechanism.
NFTCastle.io is an NFT trading and financial platform developed on Punk.Network that integrates creating an ecosystem for authors and collectors to come closer together and transact more easily. Here users can easily deposit NFT in the "Trading Market" and choose to list NFT for sale or auction with minimal cost. NFTCastle.io
Offers a wide range of financial services, such as NFT-style property mortgage loans, StNFT (NFT standardized) and SynNFT (mortgage minted NFT) issuance and trading.
Punk.Network is also having a strategic partnership with CMGE Tech Group Ltd., (00302.HK) and received the exclusive authorization of its flagship game "Red and Blue" and is expanding NFT's market.
Token PUNK, will be set as the main currency token and also the equity currency of NFTCastle.io.
Punk.Network's founding team has experience in blockchain technology development, investment incubation, game publishing and promotion, art collection, auction and curation, project operations management , etc Strong team and have enough experience to succeed in this field.
This platform has amazing goals and plans for the future and a very famous team that inspires confidence, I am sure the platform is good and will be successful
For More Information :
• Website : https://www.punk.network/
• Telegram : https://t.me/PunkNetwork
• Whitepaper : https://abc7a26e-0156-47a8-96cd-c27763efc4c0.filesusr.com/ugd/c83dc5_dfd89af0040e45768db07dee08c1b6b2.pdf
• Twitter : https://twitter.com/Punk_Network
• Facebook : https://www.facebook.com/PunkNetworkofficial
• Reddit : https://github.com/punknetwork
• Instagram : https://www.instagram.com/nftcastleofficial/
My profile:
telegram: @alaha12
Bitcointalk username: huanbouty
Bitcointalk profile URL: https://bitcointalk.org/index.php?action=profile;u=1948566
Bsc Wallet Address: 0xd839d541D3E3c8323f4C4F619E868548a0c0926E
good information
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