What Is Linkflow Finance (LF)?
This record-smashing sale came after months of increasingly valuable NFT auctions. As per the Non fungible Token Yearly Report, the NFT market is largely dominated by the metaverse and art segments, making up together 49% of the total NFT sales volume in 2020. In the third quarter of 2021, the NFT sales volume surged to $10.7 billion, up more than eight fold from the previous quarter. Linkflow Finance mission is to transform the booming crypto art market into an accessible investment opportunity to cater to investors looking to cash in on NFT art as an alternative asset class.
It will do so by launching the NFT Investment Capital (otherwise known as Investment Capital. Linkflow Finance will gather the best artworks of notable artists from the traditional and digital world. In addition, will issue its own native Ethereum token, which makes it easy for everyone interested in investing to participate. The Token will be made available in the main Decentralized Exchanges on the market, notably Uniswap.
Linkflow Finance Storage Key Points
|Coin Name||Linkflow Finance|
|Circulating Supply||301,400,000.00 LF|
|Source Code||Click Here To View Source Code|
|Explorers||Click Here To View Explorers|
|Twitter Page||Click Here To Visit Twitter Group|
|Whitepaper||Click Here To View|
|Official Project Website||Click Here To Visit Project Website|
A Quick Introduction to Blockchain Technology
Linkflow Finance world is a powerful global marketplace that is composed of artists, galleries, museums, collectors, and related professionals. Art trading usually takes place through traditional exhibitions, art fairs, and auctions. Recently, however, the market witnessed a dramatic shift toward digital channels. Many galleries and auction houses have stepped up their online sales operations, creating online exhibition rooms and using virtual reality presentations (a sort of meta verse) to engage collectors.
Amid this paradigm change, it becomes critical to develop mechanisms to combat fraud and secure authenticity and ownership of artworks in the virtual space. That is when blockchain technology comes into play to make a difference in the art industry. At its core, Blockchain is a decentralized database maintained by numerous users across a network of computers. It cryptographically connects blocks that store immutable information on all transactions conducted within the system.
The so-called NFT or non-fungible token is the ultimate link between the art world and blockchain. Linkflow Finance As a unique and immutable piece of code recorded on the Ethereum blockchain, NFTs reveal the authenticity, ownership, and provenance of digital assets. It may represent real-world or digital objects, such as masterpieces, music, in-game items, and videos. As the art world moves sharply online, a great deal of attention is drawn to the emergent market of crypto art.
Key Terms and Definitions
This section aims to introduce to you some key terms and definitions that will help you navigate easily through this white paper. Due to the rather novelty of blockchain and cryptocurrencies, they find it relevant to explain some technical vocabulary associated with crypto activities and the Linkflow Finance operation. The terms are arranged in alphabetical order to facilitate the search.
In the context of this white paper, the ACC consists of a group of experts from the traditional and digital art scene that manages the NFT as artworks. They are oversee purchasing, holding, and selling NFTs. In addition, they conduct internal valuation by monitoring the value of the NFT collections owned by the over time.
The Treasury Contract stores the ETH, token, and NFTs used for short-term activities that are eventually taken from and placed back into the trading contract, according Linkflow Finance need. The treasury contract holds all the holdings that are not available to be traded on the market at a certain time point. Token – or crypto-token – consists of units of value developed on top of an existing blockchain network. In other words, a token represents an asset residing on a specific blockchain.
In the context of this white paper, the terms Token and Coin(s) may be used interchangeably to refer to Linkflow Finance Token. Multi-sig, short for Multi-signature, is a form of technology that provides additional security for cryptocurrency transactions. Essentially it means that spending cryptocurrency requires more than one approval or sign-off for the transaction to go ahead.