In addition to crypto investors, traditional collectors, artists and celebrities have entered the newly explored NFT territory. Business giants such as VISA, NBA, Disney, Twitter, LV, McDonald’s and Coca Cola are also showing their favor and fully engaging in this field. They expect to leverage the scarcity and uniqueness of NFTs to further push their business boundaries. In addition to existing PFP, collectibles, artwork, and GameFi props, NFT is also penetrating into DeFi, social, music, domain names, sports, photography, and so on. Perhaps NFT will become an indispensable part of our lives in the future if its composability is further exploited.
Okaleido Basic Points Table
|Circulating Supply||106,000.00 OKA|
|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|
Who Are The Founders of Okaleido
Defective pricing schemes
Unclear pricing makes it difficult for both buyers and sellers to reach consensus, which affects liquidity and capital utilization. At the same time, the NFT market’s two pricing mechanisms (external feed and integrated oracles) lack timeliness, accuracy, and versatility, making it challenging to find a price reference. Most platforms experience short-term pricing failures due to illiquidity or manipulation by Big Whales. This in turn affects the use of NFT derivatives.
The excessive segregation of the various NFT markets makes it difficult for users to exchange liquidity and retrieve information. This is the main cause of the overall low liquidity of NFTs. Apart from this, the high threshold at which users can access NFT assets and the lack of incentives to trade are also major obstacles.
Absent NFT trading platform mechanisms
Failure to optimize the contract will result in high potential GAS fees for transactions. In addition, NFT platforms only have a single function. For example, they do not assist users in conducting pre-purchase analysis of NFTs, exposing the NFT market to rampant fraud. NFT assets are still dominated by PFPs, artworks and collectibles. The overall sector is yet to witness creative and compound products. OKALEIDO is led by Tiger DAO VC, the world’s leading crypto VC fund.
It provides support for all SEEK TIGER NFT assets. In the early stage, they will build an open NFT trading marketplace based on the SEEK TIGER game ecology. NFT assets are issued in various forms, such as in blind boxes, and in forms of characters, props, collectibles, etc. In addition, they are also moving to the multimedia NFT segment.
Why Choose Okaleido
Traditionally, aggregators are mainly used for data aggregation. They collect data across different websites and then aggregate the information on one platform based on different categories. In this way, they create valuable metrics and can meet the needs of different users. Aggregators in Web3 are a very important component. For example, the DEX aggregator 1inch enables routing to find the best price and lowest slippage pairs among multiple DEXs, reducing transaction costs for users, increasing capital utilization efficiency, and enabling more application scenarios.
The same logic applies to the NFT field. They are aware of the huge potential of aggregators for NFTs and have launched the NFT aggregator OKALEIDO. Furthermore, they have developed a mechanism for transaction mining to solve the problems of the NFT segment to steer its growth in a more mature direction.
Where Can You Buy Okaleido (OKA)?
Okaleido Tokens Can Be Purchased On Most Exchanges. One Choice To Trade Is On PancakeSwap (V2), As It Has The Highest $ALPHA/WBNB.e Trading Volume, $8,947 As Of February 2021. Next is OKEx, With A Trading Volume Of $6,180,82. Other option To Trade Include $ALPHA/WBNB And Huobi Global. Of Course, It Is Important To Note That Investing In Cryptocurrency Comes With A Risk, Just Like Any Other Investment Opportunity.
Okaleido Supported Wallet
Several Browser And Mobile App Based Wallets Support Okaleido. Here Is Example Of Wallet Which Support Okaleido – Trust Wallet For Hardware Ledger Nano.
FAQ Of Okaleido
Where I Can Find Okaleido Whitepaper?
You Can Find Okaleido Whitepaper By Clicking Here.
Where I Can Buy/Sell Balancer Token?
You Can Buy or Sell Balancer Token On Some Popular Exchange For Example – PancakeSwap (V2).
What is Circulating Supply Of Balancer Token?
Circulating Supply Of Balancer Token Is N/A.