What Is Neftipedia (NFT)?

What Is Neftipedia (NFT)? Complete Guide Review About Neftipedia.

What Is Neftipedia (NFT)?

Neftipedia is a next-generation decentralized NFT for all types of marketplaces catering to the growing world of digital artists, creators and collectors. They wants to be the first truly community-run marketplace and believes that the diversity will make it an eccentric and truly one of a kind project in the world. Through their market place, NEFTiPEDiA plans to give artists a means of earning revenue through Non-Fungible Tokens (NFTs) without paying massive commissions and relying on middlemen.

The advancement in the blockchain technology and smart contracts have
increased the possibilities that one can achieve through Cryptocurrencies and NFTs. As the world moves towards adopting Blockchain and NFTs as accepted medium of trading, the endless convenience and benefits they offer are unfathomable. Some of the advantages that the technology offers are instant verification, faster processing, lower fees and security among other benefits.

Neftipedia Storage Key Points

Coin BasicInformation
Coin NameNeftipedia
Short NameNFT
Circulating Supply452,203,866.00 NFT
Total Supply750,000,000
Source CodeClick Here To View Source Code
ExplorersClick Here To View Explorers
Twitter PageClick Here To Visit Twitter Group
WhitepaperClick Here To View
Official Project WebsiteClick Here To Visit Project Website

Why should you purchase NEFTiPEDiA’s NFT?

Neftipedia primary aim is to offer a decentralized marketplace that is owned by the community and isn’t centrally controlled by one entity or the founders. These marketplace will make it easier for artists to sell their authentic / validated art linked NFTs to interested buyers from the community. When a buyer purchases an art NFT from the marketplace, they get an exclusive license to the original art and proof of authenticity.

This token can now be held or traded at a profi table price. Investors see NFT tokens as a great choice of investment in the longer term as they are unique and have the potential to increase their value faster than traditional asset classes.

What is Ethereum, Binance Smart Chain and BEP-20 Protocol?

Ethereum is the second largest form of cryptocurrency in the world. It is currently the most prominent altcoin on the market today. Ethereum is an open source, decentralized platform, that allows the implementation of smart contracts. Smart Contracts allow users to interact in a trustworthy environment because the terms of agreements automatically transfer assets between parties when certain conditions are met.

Neftipedia is a forked version of the Ethereum Blockchain and has most of it’s features whereas it boast of superior transaction speeds, low transaction fees and a better architecture that allows scalability. These standards define how the tokens operate on the blockchain and the rules for their usage are coded as well.

The Origin Of NEFTiPEDiA

Cryptocurrencies became a hot topic and much sought after. For the past two years the world has acquired super fast movement in terms of digital world development. Lots of marketplaces appeared to give people the opportunity to trade various digital objects using those Cryptocurrencies as means of payment.

The idea to create Neftipedia came to Jimmi’s mind after he analysed the current marketplace situation and got inspired to create something different where the community plays the main part in navigating the marketplace rather than the founders.

Provisional Governance Model

Neftipedia Core Team will work with the community to get feedback and
implement the features on the marketplace. The provisional model will operate until the network hits a critical mass of 10M members. This model will closely resemble “off-chain” governance models currently employed by protocols like Bitcoin and Ethereum. There are core team will play an important role in guiding the development of the protocol.

The NEFTiPEDiA’s core team has been soliciting community input and engaging with pioneers in the blockchain and NFT space. This embraces community critics and suggestions, which is implemented by the open-for-comments features of NEFTiPEDiA’s landing page, FAQs and white paper.