NFTs,Social Media and Social NFT

Intro
Technology has impacted our lives in so many ways we care to mention. One of them is through social media. This is a particular tool which has been used in all spheres of life.

What is Social Media?
This is the creation or sharing/exchange of information, ideas, career interests, and other forms of expression through interactive technologies of Web 2.0 Internet-based applications, user-generated data like text, digital photos or videos. Users create service-specific profiles for the website or app that are designed and maintained by the social-media organization.Social media helps the development of online social networks by connecting a user's profile with those of other individuals or groups.
Social Media has been impacted on the blockchain and so its only natural for it to imprint itself on the NFT-sphere.

What is NFT?
A non-fungible token (NFT) is a unit of data stored on the blockchain, trustlessly certifying a digital asset to be unique and therefore not interchangeable, thus non-fungible . They can be used to represent items such as photos, videos, audio, and other types of digital files. Access to any copy of the original file, however, is not restricted to the buyer of the NFT. While copies of these digital items are available for anyone to obtain, NFTs are tracked on blockchains to provide the owner with a proof of ownership that is separate from copyright.

SOCIAL NFT

Social NFT is a project that allows users to mint NFTs from their content(memes, music, photos etc) with no programming knowledge needed, as long as they own a social media platform profile. Buy Social NFT’s of your favorites social media personalities, your favorite artists, celebrities, tattoo artists, photographers and own some of the awesome items they have created and also displaying or trading collections on personal SOCIAL properties.

SOCIAL NFT ECOSYSTEM
The Social NFT achieves the above noble objectives through its Ecosystem. This consist of the Social NFT token(SNFT) and Marketplace

Social NFT Token
Built on the Binance Smart Chain (BSC) platform as a BEP20 token, with the ticker SNFT, this is both a utility and governance token, and powers the Social NFT Ecosystem. It has a limited supply of 964,288,953 SNFT. The minted NFT’s on the platform use BEP 721 protocol. There is a Royalty program that gives back a percentage to every creator when their item is sold. Also, token holders will be given rewards for staking and governance rights. These rights include voting, amending or changing the base protocols on the platform. Majority token holders will be given rights on the platform, determining outcomes of crucial decisions, key parameter adjustment such as fee rate and community-based initiatives.

The Social NFT Marketplace
This is generally an online exchange for social media users to create and trade NFTs of their items or images and sell them on the platform. Also users are able to add single or multiple items on the marketplace to sell. Users looking to purchase on the market place must also be registered to the SOCIAL NFT Marketplace
The SNFT token is used as gas for all transactions on the SOCIAL NFT Marketplace.

Outro
Social NFT facilitates NFTs meeting the Social Media in a transparent and profitable way.

SOCIAL NFT RESOURCES

ABOUT THE AUTHOR

Joseph Johns is a successful Emergency Medicine Physician and an ardent cryptocurrency and Blockchain connoisseur.

Bitcointalk Username: Jaered

Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2809533

Proof of Authentication: https://bitcointalk.org/index.php?topic=5340981.msg57205051#msg57205051

BSC Wallet: 0xF7afFbB1144Ffe4F59eD43fF63c65de6639fAA11