New Era for NFT market place
This century has indeed blessed us with the best technologies of all time; it has brought to us the internet of a thing and from their many amazing things has been introduced to us. The internet brought to us the social medial of a thing a platform where people all over the globe can connect and interact with one another, share information and pictures with each other, as the day goes by so are many people adopting to the social media platform and more platform are also created on a daily basis, currently we have the most popular social medial platform with the highest number of users which is the facebook, and others like Twitter, Instagram, Tiktalk, Telegram, WhatSapp and many more others, people just create accounts on this platform and have fun, while the owners of the platforms make money from the traffics which they create, have you ever taught about making cool cash why you are making use of social media, have you ever imagine a seen a social medial platform which is backup by a blockchain technology which mean it provides a 100% transparency on transaction, a place where you can also sell stuffs and earn reward, create and earn reward. I have always have this imagination and it troubles me a lot which lead me to conduct a research and on the process I ran into an amazing project, a platform which has the same idea, which is thinking outside the box, and which aims is to bring the social media of a thing into the blockchain technology. We can say it’s a new era for social medial. Allow me to introduce to you “Social NFT” bringing your dreams into reality.
What is Social NFT?
Social NFT from my perspective is platform that connects the social medial platform together with the blockchain technology where users are allowed to create and sell the NFTs (Non fungible tokens). This are image created by one or gotten from social Medias, users of the SocialNFT ecosystem will have the access to upload the image and create an NFT with it which can be place on the market for sale, isn’t that awesome, where you don’t need to be an artist first before you can own an NFT but can create yours with the help of the Social NFT.
Features
Features of Social NFT Marketplace
Decentralized and non-permissible — The SOCIAL NFT Framework is designed to optimize the benefit (and minimize risks) of digital asset ownership and trading. Our core technologies depend strictly on the blockchain, automated smart contracts.
Blockchain Protocol — The SOCIAL uses the Binance blockchain and protocol, with a native token named SNFT. It will share the security advantages of the entire Binance network, avoiding the possibility of a consensus attack.
Less Costly Fee Exposure — There will be some charges applicable like application usage fees for trade execution, NFT creation and listing, NFT auctions, and network fees for SNFT transfers will apply.
On-Chain Management governance — The SOCIAL NFT Marketplace governance allows stakeholders to seamlessly amend the basic protocol and change essential framework parameters to meet the changing needs of the environment and the community
Client Partnerships — SOCIAL NFT Marketplace provides a UNIQUE platform for users who want to bring their digital products to the NFT marketplace where they can sell their own images or items on a marketplace with established business models.
Incentivization and Rewards — User Base Incentivization and Rewards — Community is almost everything, and the SOCIAL NFT Marketplace will focus entirely on rewarding early adopters for their valuable contributions through various incentive and reward schemes designed to support successful creators, sellers, and buyers. In addition to the incentives for use, the SOCIAL NFT Marketplace uses a Proof of Stake model that can offer its own rewards for being a network validator.
Why Social NFT : you may be asking your self why SocialNFT instead of other look alike platform out their, the answer to the why is ;
- Rewards system enables all active users to get rewarded on these platform.
- Collect allows all users to take items from their favourite social media personality and build their own SOCIAL Book.
- Low Fees, due to social NFT is base on Binance smart chain, there is a low transaction fees for all digital items
Conclusion
Inconclusion, SocialNFT is the new Era and hope for the NFT industries, it has created a user friendly ecosystem that connect the NFT market place with social media, as such making it easier for users to create, promote, buy and sell their NFT which they can make create using their social media image, and its blackened by the blockchain technology which makes its transparent, fast and reliable, and the sweetest of it all is its operating under the BinanceSmartChain which operates with the lowest transaction fee and one of the fast rising blockchain
For more information follow the links below:
Website: https://socialnft.market/
Twitter: https://twitter.com/NftSocial?s=20
Instagram: https://www.instagram.com/social.nft.marketplace/
Telegram Chat: https://t.me/SocialNFT
Youtube: https://www.youtube.com/channel/UCAAV_8YwHqTqQgmK3z5jmcw
Media: socialnft.medium.com
Whitepaper: https://socialnft.market/whitepaper.pdf
By: Cryptooracle2021
Wallet address: 0x04Acc8B46893EfECcf95cdD742dF976184c28F33