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HomeCOINSWhat Is MONNFTS (MON)? Complete Guide Review About MONNFTS.

What Is MONNFTS (MON)? Complete Guide Review About MONNFTS.

What Is MONNFTS (MON)?

MONNFTS is a project on Binance Smart Chain with various services from NFT Marketplace, CryptoPop collectible characters with proof of ownership stored on the BSC blockchain, Affiliate Marketing, Exchange and pools to farming. Your team is founded by a passionate group of veteran technologists and creators who’ve seen first hand the inequality in the immense value created by digital creators, and what they actually make. Your goal is to change that.

MONNFTS Storage Key Points

Coin BasicInformation
Coin NameMONNFTS
Short NameMON
Circulating SupplyN/A
Total Supply10,000,000,000
Source CodeClick Here To View Source Code
ExplorersClick Here To View Explorers
Twitter PageClick Here To Visit Twitter Group
WhitepaperClick Here To View
Support24/7
Official Project WebsiteClick Here To Visit Project Website

What is MONNFTS?

Monnfts is a programming and development project built upon web 3 software on the blockchain platform, the project operates in the fields of NFTs, Affiliate Marketing and AMM Dex. Which are explained as thus:

  • NFT (Non-fungible token) is a currency which is unique and cannot be replaced by other tokens. The realm of NFTs is currently growing and expanding rapidly, a lot of businesses have been putting resources towards its development.
  • Affiliate Marketing (Affiliate Networks) operates on the CPA (cost per action) model, which is charged for each customer action (buying, downloading software, completing a form).
  • AMM DEX (Automated Market Maker, Decentralized Exchange) is a trading method that uses an algorithm to calculate the token price at the time of purchase on decentralized exchanges.

Highlights of MONNFTS

The highlight of MONNFTS is it’s role as an all-in-one suite for NFT, Marketing and DeFi. Monnfts has a ton of features, including:

  • NFT Marketplace: A marketplace for artist’s NFT products.
  • CryptoPop: 5000 unique collectible characters stored on the Binance Smart Chain (BSC) with certified proof of ownership. They’re fun, small, 24×24 pixel art characters that are algorithmically generated and tokenized.
  • M2C: Affiliate network which operates under the CPA and CPO models.
  • Trade: Provide exchange-trading features and Liquidity—similar to Uniswap.
  • Earning: Provide liquidity to AMM DEX for receiving your rewards.
  • Launchpad: This is a feature of launching tokens similar to Launchpad in the Binance ecosystem.

The MONNFTS Token (MON)

MON coin is a cryptocurrency inspired by Bakeryswap. Likewise, MON coin works similarly to Bake in that it operates at low cost and fast speeds. MON coin is stored on the Binance smart system chain, which brings its many benefits to the community. Because of it’s architecture, MON coin can achieve higher transaction speeds while keeping costs down. Currently, the MON token is understood as the original BEP-20 governance under the BSC platform. Accordingly, the MON coin will take on the main roles:

  • Used for the purchase of NFT tokens.
  • Used to purchase CryptoPOP.
  • Used to provide the liquidity to MONSwap.
  • Received as rewards for staking, farming, and gaming.
  • Interact with other platforms such as M2C or Launchpad.

Businesses of MONNFTS

MONNFTS helps creators mint and auction their digital artworks as NFTs on the BSC blockchain. As collectors bid, they fuel a new system of value for online expression. Core businesses of MONNFTS include investing in top NFT platforms and artworks, incubating leading NFT artists to build a bridge between world-class artists and the NFT world; sponsoring galleries, organizing art exhibitions or publications, and setting up awards to support art creation and criticism; establishing art collections, etc.

By applying blockchain technology into the NFT world, MONNFTS Fund expands the use cases of blockchain. The Fund purchases well-known traditional and NFT artworks as underlying assets, and works to improve the NFT trading standard. It provides support to government agencies, universities, and industry elites in issuing policies that govern the healthy development of the industry.

There are now three major use cases in the blockchain industry, namely value exchange, collaboration, and record-keeping. The unique NFT fits in all three of the use cases. It is not only a hot trend in the blockchain industry but also a critical element that is very likely to revolutionize the industry and take it to the next level. As a blockchain enterprise, MONNFTS will invest in artworks and promote traditional and digital art by leveraging its strengths in technology, market, industry and policy research, with the aim of introducing blockchain into diverse use cases.

Nile
Nile
Nile Is Very Old Author At Wootfi Blog . We Loves To Write About Altcoin , ICO & Defi . In Free Time He Loves To Play Football .