With the introduction of blockchain technology, the decentralized ecosystem of mutual transactions came into existence. The transactions are now conducted peer to peer without third party involvement. Users are able to transact in a fast way and the transaction cost is very low. With the evolution of decentralized Finance (DeFi), now the financial transactions are possible on blokchain and users are able to transact their finance & real assets on blockchain with full transparency and anonymously. DeFi with decentralized ecosystem of blockchain tehnology is much user friendly. All the financial activities that a centralized banking system can provide are now possible on blockchain with DeFi. Also there are many DeFi applications & protocols that allow users to earn passive income from the assets which are stored uselessly in their wallets for a long time. Users can use Staking, liquidity mining and yield farming to earn interest and rewards to grow their portfolios.
NFTs are non fungible tokens that run on blockchain. Each NFT is unique and can not be replaced with other NFT. In a particular blockchain an NFT can exist only in a single address so there is no possibility of exact forging or to manipulate NFTs. As DeFi is tokenizing real assets to transact them on blockchain, NFTs are representing digital assets. These digital assets can be A digital painting, iconic ads & banners, digital cards representing special moments of any sport, digitally issued tickets/stamps to host a program, digital invitations to conduct seminars, digital books, and many gaming tools that have special use case.
NFTs are representing the digital ownership via a digital file on the blockchain. All the information regarding NFT & its owner is stored and saved on blockchain. No one can illegally misuse anyone’s NFT. Further NFTs are scarce in number and can not be duplicated or interchanged with each other. So there is always a hype and demand for NFTs in the market.
XIRCUS Marketplace
The XIRCUS Marketplace is the platform that is created on blockchain technology and is a DeFi protocol that is supporting NFTs on the platform. That means Xircus platform is a decentralized ecosystem where you can mint & create your own unique NFT and then you are able to sell your NFT in Xircus market place to earn real money. In a few easy steps, Xircus users can create and launch a personalised NFT trading platform absolutely free of cost. Xircus is the world’s first multi-chain gamified DAO platform that allows users to create and deploy custom NFT marketplaces. The XIRCUS Framework is designed to optimize the benefit of digital asset ownership and trading. It is supporting and promoting Digital art work worldwide to be created on the platform and then the owners of NFTs can sell their digitally created assets in real money by using Xircus platform. We are seeing a huge potential in NFT market as there is demand of certain best created NFTs and these NFTs are sold with amazing high price.
NFTs are current rising trend to show your talent and create digital assets. What you need is the good platform that is supporting NFTs and allowing you to create with a very low platform fees. Xircus is such a platform that is doing the needful. The features of the platform are:
Fast transactions with low fees
Xircus platform is built on binance smart chain. This platform is more flexible and provides more scalability. In the current market scenario we are seeing huge congestion and drastic hike in transactions cost. So the small investors and traders are not comfortable as such they can not afford much higher fees and also waiting too long for transaction confirmation will cost heavily when there is sudden dip in the market. Market is highly volatile and fast transactions with low cost are much appreciated by the investors & traders. Xircus is the perfect platform that understands the need of the hour and is committed to provide fast transactions with very low fees. This platform is using BSC network so even in congestion time the users of the platform are able to transact in a fast way while enjoying very low transaction cost.
Safety & transparency
Users' fund security is the motto of the platform. The transactions are executed by the innovative smart chain of Xircus platform and the smart contracts execute the transaction when certain conditions are met. Further the nodes of the platform store the executed data on blockchain via blocks. The whole process is done in user's account and once the transaction is confirmed , it can not be reverted. This data & information is always available in a distributed ledger on blockchain and anyone can see the data. So there is no possibility of changing or manipulating the data. Xircus platform is providing immutability to users and as such the users' funds are always secure on the platform.
Trustless ecosystem
Xircus platform is a decentralized protocol and the users of the platform can transact anonymously. There are no third party restrictions and inquiries regarding user's fund or asset. The buyers & sellers can transact freely without any fear of scam since all the trust required to execute the transaction is handled by the technically advanced smart contracts of the Xircus platform. The users are not required to reveal their identities. By providing transparency, immutability and allowing trustless transactions, the innovative smart chain & smart contracts of Xircus platform are making it sure that the deserving person will receive the funds.
Use case of Xircus platform
The users of the platform are able to create NFTs by paying a very low fees so this platform is encouraging art creators to show their talent as by paying a nominal fee they can use all the features of the platform and can create their NFT artwork easily. You can create your social book where you can store you lovable memories and childhood albums as NFTs . You can collect the winning moments of your favorite club or player and the create your own NFT and add special effects to Re-live those moments and store them digitally in your collection. Xircus is allowing users to access a virtual gallery that contains various digital items. Artist can easily create their galleries digitally on the Xircus marketplace. This virtual gallery will provide an experience like a gallery in the real world. Xircus is a further improvent ob blockchain technology and it allows both ERC-721 and ERC-1155 protocol assets to run in the platform. This platform allows users to get access to NFT based ebooks. By using the ERC-721 & ERC1155 protocols, holders will have full ownership and get the right to do anything with their NFT ebooks. The best thing with NFTs is that they are created on decentralized mechanism of blockchain and there is no control or hold of third parties. Your NFT creation will remain with you forever as the ownership is permanently marked on blockchain unless you sell your NFT. Further The Xircus platform allows users to participate in virtual auctions related to digital items. They can participate in this auction and bid on their favorite digital item.
NFT marketplace
The art creators of Xircus platform can use Platform’s NFT market place to sell their NFTs. This platform is providing worldwide access as there are no boundary limitations. To get best deals on the platform the NFT holders can use the innovative tools of the platform to give more specific features to modify their NFTs and can add special features like audio or video and then do best advertisement with iconic digital ads to attract attention of peoples then using the NFT marketplace on the platform they can sell their art work for good money.
Just join the platform, and by signing up the platform you are able to use Xircus platform and ready to mint & issue your own NFT without the need of any programming knowledge as this is a user friendly platform and is handy to use.
On Xircus marketplace you can sell your story, sell your images, your gif or video. With platform’s Royalty program, you receive a percentage of the sales whenever your item is bought and sold on the marketplace.
The innovative smart contracts of the platform are executing NFT transaction and the digital rights are changed and given to buyer and that is mentioned and added in the blockchain. Once transaction is executed, the seller will have no control on sold NFT. Buyer will use it as like a real asset possession. Buyer can sell the purchased NFT or can give it on rent. While having total control and full ownership to the purchased NFT, the buyer can use it in staking and liquidity mining protocols to earn interest.
Useful Links to get more information
- Website: https://xircus.app/
- Litepaper: https://docsend.com/view/bykpgswkbinusbcg
- Twitter: https://twitter.com/xircusnft
- Telegram: https://t.me/xircusnft
- Instagram: https://www.instagram.com/xircusnft/
- Facebook: https://www.facebook.com/xircusnft
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