Porto Crypto

The cryptocurrency exchange is always playing an important role in the industry, and the security of platforms is highly related to the security of investors’ assets. From the very beginning, the collapse of cryptocurrency exchanges continuously comes up: for example: Due to the hack event, Mt.Gox has lost 850,000 Bitcoins and finally filed for bankruptcy, and users still didn’t get paid back till now.

Since then, though this specific industry has been getting mature and having relative systems established continuously, “collapsed” trading platforms still appear one after another. For example, in the year of 2020, the well-known trading platform – Fcoin showed a run on a bank due to its capital loophole which made it unable to continue the rigid payment to user assets, and the users could not withdraw their coins. BHEX trading platform made off with money by taking advantage of the withdrawal of mainland Chinese users. At the end of last year, Aofex’s team was investigated and unable to provide coin withdrawal service, due to which, all users having assets deposited in A network haven’t got any method to take out their coins so far.

This year, Kraken, which is trading platform with a long history, shut down its headquarters located in San Francisco headquarters. Celsius Network, the world’s largest CeFi provider and encrypted lending platform suspended all money transfers, withdrawals and transactions due to a Black Swan incident in the market. In addition, the well-known trading platform AEX (formally known as Bitcoin Era) was revealed to be unable to withdraw coins at present, and medium and long-term financial products can not be dealt with in a short time. And Huobi Thailand will be closed in early July. Moreover, up to now, the number of small and unknown exchanges that have made off is countless, especially in the context that the industry as a whole faces a downward tendency, those weak trading platforms are now facing a tougher test.

The exchange should put the security of the platform and users’ assets in the first place. Although cryptocurrency exchanges continuously make breakthroughs in their functions, security is gradually becoming the primary concern that impedes the development of the industry. Particularly, some small platforms transferred the risks to users and harmed investors’ interests after the assets got stolen. The rights of users can’t be guaranteed without the alert, regulatory and risk reserve mechanism, especially when the market is facing downward pressure.

JPEX, as a well-established trading platform, always focuses efforts on the security of the platform and users’ assets and related mechanisms, and positively looks for global compliance to become the benchmark ecology in the aspect of assets security. It’s worth mentioning that since JPEX launched in 2020, there has been no security issue happened, which reflects the high-security level of JPEX.

Setting security as the cornerstone, JPEX brings considerable returns for its users

JPEX always puts investors’ rights and trading experience in the first place. Under the premise of ensuring the safety of user assets, JPEX allows users to furtherly make profits. As an Australian exchange, JPEX is maintained by development teams from Japan, Australia, and the United States. Therefore, JPEX itself has an excellent risk control mechanism and provides safe and reliable service to its users via its own technology.

Source:jp-ex.io

In terms of security, JPEX Digital Bank chooses point-to-point multi-signature cold wallet, which is currently one of the safest ways for storing user assets. Multi-signature means that to assets can be withdrawn from the account unless satisfying the requirement of multiple roles’ signatures. Therefore, compared with single-point wallets, it further improves asset security. In JPEX Digital Bank’s peer-to-peer multi-signature cold wallet, in order to take out assets from the JPEX Cold Wallet, two times of signatures by three professional security personnel from the operating team are required, and the whole process is offline. So far, 95% of the money value is stored in the cold wallet, while JPEX will only reserve 5% of the currency for cash withdrawal and recharging. At the same time, JPEX has also hired a well-known computer security team of the United States to cooperate in external password review, multi-signature wallet, two-step verification and other aspects to ensure that users’ sensitive personal information will not be disclosed. JPEX only checks withdrawals once in 24 hours on an exchange with a flexible treatment method, so that users may go through the whole coin withdrawal process within eight hours after proposing the withdrawal request.

Besides, JPEX itself also builds the risk reserve mechanism via insurance. The property management insurance plan covers all users who completed platform KYC, with 75,000 USDT maximum benefit, the cover rate is equal to 90% of global financial institutions’ requirements. Therefore, even in some cases where users suffer losses, the insurance can safeguard users’ rights. Besides, JPEX is regulated and licensed to engage in cryptocurrency activities in many countries.

With respect to the return, the IAIA (Ito Arbitrage Investment App) Cryptocurrency Circular Arbitrage System originally created by the Japanese intelligent technology team allows users to gain income from more than 30 pairs of cryptocurrencies, and interest will be calculated daily. Especially when the funds is extracted from the DeFi sector (currently the TVL of DeFi is only $20 billion), the whole sector is risky and the income is weak, JPEX is very attractive.

Source:jp-ex.io

So far, it has managed more than 15.6 billion assets worldwide, with several hundred thousand users. JPEX has an important place in the respect of asset management products.

The multi-dimension and panoramic layout of JPEX

On the basis of improving its products, JPEX is continuously expanding its ecology to more financially developed areas. According to the 1st development plan published in the 2nd quarter of 2022, JPEX furtherly illustrated its business focus. It announced that JPEX will expand globally in 2022 and 2023, and the target market will include Malaysia, Taiwan and Dubai. JPEX’s business also includes cryptocurrency technology development, optimizing trading platform experience and NFT technology and service, etc. JPEX is always committed to providing more investment opportunities and excellent trading services to users in different areas.

Source:jp-ex.io

Meanwhile, JPEX is setting foot in the traditional area, except establishing strategic partnerships with renowned listed companies, JPEX is also setting foot in the sports area: JPEX has prompted the NFT jointly with Western Sydney Wanderers Football Club, established a strategic relationship with the Macarthur FC and other high-quality sports partners to prompt the cryptocurrency widely known by the public. JPEX is becoming another renowned crypto ecology setting foot in sports areas besides Coinbase, FTX and OKX.

The recent development of JPEX also gets furtherly recognized by the industry. JPEX successively won the “Excellence Blockchain Asset Trading Platform Award” in “Excellence Brand Award” held by Oriental Daily News and on.cc in 2022. JPEX also won the “2021 Outstanding Blockchain Asset Trading Platform Award” by Elite Brand Awards.

Besides, JPEX also becomes the platinum sponsor of Singapore Blockchain Fest 2022. It should be noted that JPEX is the first sponsor in the history of Blockchain Fest.

JPEX is becoming the vanguard of the cryptocurrency exchange sector. with a stable and healthy layout, JPEX brings stable and healthy service to its users. Although the market is facing downward pressure, JPEX is bringing a reliable investment ecology to investors and becoming a forceful promotor of the industry.

0x is the starting address of the public chain, which stands for the blockchain industry. 90 in the 0x90 is the label for the age of the company team, which is an international blockchain incubator company founded by the team 90s with many years of experience. That's where 0x90 comes from.

Since 2017, the 0x90 team has gathered in Thailand. They started their exploration of blockchain. Since then, they have been deeply engaged in the blockchain industry for many years, constantly exploring and always focusing on operations. It involves public chain, media, exchanges, mining, DeFi, NFT, GameFi, investment, and many other areas.

The 0x90 team has a very well global education background. The team members all graduated from famous universities around the world. After years of exploration, the team has strong professional abilities and rich experience.

Since the team integration, 0x90 has implemented the operation and development of 120 projects, including self-owned and outsourced projects, as well as nearly 100 consulting businesses. The rich experience also helped the team to build a complete, efficient, and unique workflow. There are still many well-known projects active in today's blockchain world.

0x90 provides professional, applicable, and customized operation solutions for projects through in-depth consulting services. Even if customers have no experience in project operation, the team also provides customers with the most convenient one-stop service with its professional knowledge.

Different from traditional incubators and other operating companies, 0x90 has been a professional and a unique perspective on proprietary or cooperation projects, with “24 frames of deconstruction” thinking and operating a project, and has been hailed as a doctor and super writer blockchain business enterprise, project planning and execution in the area of cryptocurrency aspects have unique skills and reputation.

In addition, 0x90 is not a simple operation planning execution team, but a creative and professional operation planning team, namely enterprise doctors. Through in-depth multi-dimensional analysis of the project, the team issued new operational strategy adjustments according to the problems existing in the project to help revitalize the project.

In the future, the 0x90 team will continue to be deeply involved in the blockchain industry. We always uphold the spirit of being serious, responsible, meticulous, innovative, and professional craftsmen, staying true to our original aspirations and forging ahead. In a word, choosing 0x90 is choosing a professional, and believing in 0x90 is believing in a professional.

The cryptocurrency exchange is always playing an important role in the industry, and the security of platforms is highly related to the security of investors’ assets. From the very beginning, the collapse of cryptocurrency exchanges continuously comes up: for example: Due to the hack event, Mt.Gox has lost 850,000 Bitcoins and finally filed for bankruptcy, and users still didn’t get paid back till now.

Since then, though this specific industry has been getting mature and having relative systems established continuously, “collapsed” trading platforms still appear one after another. For example, in the year of 2020, the well-known trading platform – Fcoin showed a run on a bank due to its capital loophole which made it unable to continue the rigid payment to user assets, and the users could not withdraw their coins. BHEX trading platform made off with money by taking advantage of the withdrawal of mainland Chinese users. At the end of last year, Aofex’s team was investigated and unable to provide coin withdrawal service, due to which, all users having assets deposited in A network haven’t got any method to take out their coins so far.

This year, Kraken, which is trading platform with a long history, shut down its headquarters located in San Francisco headquarters. Celsius Network, the world’s largest CeFi provider and encrypted lending platform suspended all money transfers, withdrawals and transactions due to a Black Swan incident in the market. In addition, the well-known trading platform AEX (formally known as Bitcoin Era) was revealed to be unable to withdraw coins at present, and medium and long-term financial products can not be dealt with in a short time. And Huobi Thailand will be closed in early July. Moreover, up to now, the number of small and unknown exchanges that have made off is countless, especially in the context that the industry as a whole faces a downward tendency, those weak trading platforms are now facing a tougher test.

The exchange should put the security of the platform and users’ assets in the first place. Although cryptocurrency exchanges continuously make breakthroughs in their functions, security is gradually becoming the primary concern that impedes the development of the industry. Particularly, some small platforms transferred the risks to users and harmed investors’ interests after the assets got stolen. The rights of users can’t be guaranteed without the alert, regulatory and risk reserve mechanism, especially when the market is facing downward pressure.

JPEX, as a well-established trading platform, always focuses efforts on the security of the platform and users’ assets and related mechanisms, and positively looks for global compliance to become the benchmark ecology in the aspect of assets security. It’s worth mentioning that since JPEX launched in 2020, there has been no security issue happened, which reflects the high-security level of JPEX.

Setting security as the cornerstone, JPEX brings considerable returns for its users

JPEX always puts investors’ rights and trading experience in the first place. Under the premise of ensuring the safety of user assets, JPEX allows users to furtherly make profits. As an Australian exchange, JPEX is maintained by development teams from Japan, Australia, and the United States. Therefore, JPEX itself has an excellent risk control mechanism and provides safe and reliable service to its users via its own technology.

Source:jp-ex.io

In terms of security, JPEX Digital Bank chooses point-to-point multi-signature cold wallet, which is currently one of the safest ways for storing user assets. Multi-signature means that to assets can be withdrawn from the account unless satisfying the requirement of multiple roles’ signatures. Therefore, compared with single-point wallets, it further improves asset security. In JPEX Digital Bank’s peer-to-peer multi-signature cold wallet, in order to take out assets from the JPEX Cold Wallet, two times of signatures by three professional security personnel from the operating team are required, and the whole process is offline. So far, 95% of the money value is stored in the cold wallet, while JPEX will only reserve 5% of the currency for cash withdrawal and recharging. At the same time, JPEX has also hired a well-known computer security team of the United States to cooperate in external password review, multi-signature wallet, two-step verification and other aspects to ensure that users’ sensitive personal information will not be disclosed. JPEX only checks withdrawals once in 24 hours on an exchange with a flexible treatment method, so that users may go through the whole coin withdrawal process within eight hours after proposing the withdrawal request.

Besides, JPEX itself also builds the risk reserve mechanism via insurance. The property management insurance plan covers all users who completed platform KYC, with 75,000 USDT maximum benefit, the cover rate is equal to 90% of global financial institutions’ requirements. Therefore, even in some cases where users suffer losses, the insurance can safeguard users’ rights. Besides, JPEX is regulated and licensed to engage in cryptocurrency activities in many countries.

With respect to the return, the IAIA (Ito Arbitrage Investment App) Cryptocurrency Circular Arbitrage System originally created by the Japanese intelligent technology team allows users to gain income from more than 30 pairs of cryptocurrencies, and interest will be calculated daily. Especially when the funds is extracted from the DeFi sector (currently the TVL of DeFi is only $20 billion), the whole sector is risky and the income is weak, JPEX is very attractive.

Source:jp-ex.io

So far, it has managed more than 15.6 billion assets worldwide, with several hundred thousand users. JPEX has an important place in the respect of asset management products.

The multi-dimension and panoramic layout of JPEX

On the basis of improving its products, JPEX is continuously expanding its ecology to more financially developed areas. According to the 1st development plan published in the 2nd quarter of 2022, JPEX furtherly illustrated its business focus. It announced that JPEX will expand globally in 2022 and 2023, and the target market will include Malaysia, Taiwan and Dubai. JPEX’s business also includes cryptocurrency technology development, optimizing trading platform experience and NFT technology and service, etc. JPEX is always committed to providing more investment opportunities and excellent trading services to users in different areas.

Source:jp-ex.io

Meanwhile, JPEX is setting foot in the traditional area, except establishing strategic partnerships with renowned listed companies, JPEX is also setting foot in the sports area: JPEX has prompted the NFT jointly with Western Sydney Wanderers Football Club, established a strategic relationship with the Macarthur FC and other high-quality sports partners to prompt the cryptocurrency widely known by the public. JPEX is becoming another renowned crypto ecology setting foot in sports areas besides Coinbase, FTX and OKX.

The recent development of JPEX also gets furtherly recognized by the industry. JPEX successively won the “Excellence Blockchain Asset Trading Platform Award” in “Excellence Brand Award” held by Oriental Daily News and on.cc in 2022. JPEX also won the “2021 Outstanding Blockchain Asset Trading Platform Award” by Elite Brand Awards.

Besides, JPEX also becomes the platinum sponsor of Singapore Blockchain Fest 2022. It should be noted that JPEX is the first sponsor in the history of Blockchain Fest.

JPEX is becoming the vanguard of the cryptocurrency exchange sector. with a stable and healthy layout, JPEX brings stable and healthy service to its users. Although the market is facing downward pressure, JPEX is bringing a reliable investment ecology to investors and becoming a forceful promotor of the industry.

NFT is called Non-Fungible Token, which is indivisible, irreplaceable, and unique. The opposite of non-Fungible is Fungible. So, what is Fungible?

It’s simple! For example, if I have a $100 and you have a $100, at this moment, there is no difference between your $100 and my $100, they can also be exchanged, and if I find that there is not a whole $100 in my bag, I can exchange two $50 bills with you. It’s also worth $100.

So, these $100 are interchangeable, they have the same value, they can be divided, they can be replaced, and that’s Fungible.

But Non-Fungible is like your $100 with Beyonce’s signature on it. At this moment, this $100 has become a unique and special item, and its value has changed. After all, $100 could be worth 30 million in front of Beyonce’s fans, who are willing to pay many $100 for a unique $100 just because it has a signature that no other $100 can replace.

Obviously, this “$100” is irreplaceable, and the value in everyone’s eyes is not the same. This is non-Fungible.

To put it more simply, putting a bunch of NFTs together is like watching Pop stars in the 1990s like Michael Jackson or Mariah Carey. Each of them is beautiful, but more importantly, they are also distinctive and recognizable. Each of them is unique and irreplaceable, which is non-Fungible.

However, stacking a bunch of Ethereum’s fungible tokens together is like looking at a boy band and a girl band nowadays. They all seem to look the same. It seems that replacing them will not make much difference. This is Fungible.

In the crypto world, tokens like Bitcoin and LUNA are fungible tokens that are not unique and can be exchanged and divided equally.

But boring APE and Jay Bear are NFTs. NFTs are unique, just as a painting cannot be torn in half. NFT is indivisible.

Although everyone is emphasizing the non-fungible of NFT, don’t forget that NFT is also a token. All the NFTs that tokens can do can also be done, and NFTs have the same features as a token, such as digital proof of interest, encryption, and circulation.

Today, there is a lot of success in NFT applications, and more diverse forms of NFT are emerging. It is clear that the market will evolve to create more innovative NFT applications, and we have always believed that the time will come when everything can be NFT.

Original video’s link:

Website：https://www.0x90.club/post/what-is-nft-the-definition-of-nft

YouTube：https://www.youtube.com/watch?v=p0rNEvZPJdk&t=26s

Medium：https://medium.com/@danslahm

Twitter：https://twitter.com/0x90_official/status/1537695560915746816?s=21

Bilibili：https://www.bilibili.com/video/BV1Jv4y1G7vE?spm_id_from=333.999.0.0

Zhihu： https://www.zhihu.com/zvideo/1519092219935559680

Weibo： https://weibo.com/u/2755094997

Xiaohongshu：https://www.xiaohongshu.com/discovery/item/62a4e8fd00000000010270c9

The Musk Knight Club (DAO) has officially unveiled a global plan to create a DAO that acts like a mutual fund to fund Stock it and other projects.

All stakeholders could participate, and voting rights existed in the Musk Knights Club, which includes NFT holders, can bring their funding proposals to market, which tells how beneficial this could be to the cryptocurrency world.

Musk Knights Club is a fully integrated ecosystem of decentralized financial services basedonWeb3 interoperable technologies its participants collectively own. The system’s governance is based on a digital token called Knights, allowing holders to vote on choices that impact the system’s parameters.

Who Are We?

Musk Knights Club is a DAO-managed decentralized VC investment club. We are creating a decentralized, publicly owned monetary system outside the limits of the traditional finance sectors found throughout the world.

Musk Knights Club was founded with the goal of promoting decentralized investing through the DAO, as well as blockchain projects associated with Elon Musk. . This platform allows anyone with a spirit of scientific inquiry and invention, such as Elon Musk, to increase their investment capacity and free people from WEB2. We will, of course, invest in other WEB3-related projects in addition to Elon Musk-related projects. And this is not restricted to experts but beginners.

Why Choose The Musk Knight Club? (DAO)

Anybody will agree that it is always very important to have a guide when trying to start something new and that’s the number one reason you need to work with us.

Secondly, A targeted market strategy and a solid business model are the foundations of any high-quality project. We help our clients by providing in-depth business knowledge, thorough market analysis, and exchange listing expertise. These elements ensure that your idea stands out from the crowd and is well-positioned to disrupt the market.

Finally, getting on the board of a DAO is easier than getting on the board of a regular corporation. Many perceive the transfer of ownership of the organization and its assets to project participants as a positive that assures the DAO’s founders do not flee to tropical islands with investor funds.

Talking about how efficient we are in token economics and structure, the choice of tokens and their use within the project ecosystem is vital for success in most blockchain initiatives. We collaborate closely with our clients and make token recommendations based on their objectives and the ecosystem’s specific requirements. Experience with security tokens, utility tokens, and stable coins is included.

A security breach in a project’s infrastructure could erode trust in the token and affect its value in the future. Therefore, we perform security penetration testing, smart contract auditing, and blockchain stability analysis in addition to token development and blockchain deployment. This gives our tokens a new degree of trust from both the Platform and the investors, resulting in increased stability, reliability, and capital raising possibilities. Complex legal constraints and uncertain tax liabilities might arise from token generation events, especially when investors come from different nations.

We engage with professional organizations to give this guidance and organize a platform’s legal and tax requirements to simplify the process and provide clarity and security. This frees you to focus on what matters most: building your business and giving it the best chance to succeed. What more could anybody hope for?

Every facet of a blockchain project will be evaluated using our Token Assessment Framework. This evaluation offers businesses independently validated data to help them make better project decisions. Our exchange partners use the data from our Token Assessment Framework to help them make listing choices, and we refer high-quality projects to our investor networks. The Musk Knight Club (DAO) aspires to develop a long-term investment that allows stakers and holders to directly influence the direction of Web 3.0 policy and Crypto Community Investing while also reaping staking benefits from treasury revenues.

For years to come, the Knights Token team anticipates a future in which our community will impact decisions made concerning the crypto sector in local, state, federal, and worldwide elections. In addition, our Knights Token will be an influential figure in the DeFi community.

Having given you more than enough reason why you need to be a part of us, let’s expatiate a bit on DAO and NFTs, which will later be explained as time goes on in the club.

What Is A DAO?

Can you imagine using Blockchain technology to cooperate with people worldwide without knowing who they are, set your own rules, and make decisions? This is being brought to life by DAOs. DAOs (Decentralized Autonomous Organizations) are similar to cryptoclubs. However, they usually work toward a common objective — to allow each member an equal say in decision-making, and have more money than most clubs could ever imagine.

A decentralized autonomous organization (DAO) is a type of organization that may perform a range of tasks. For example, these organizations can form freelancer networks, philanthropic organizations, and venture capital firms that pool cash to pay for software subscriptions. Before going any further, it’s important to understand the difference between a DAO, an internet-based organization, and the DAO, one of the first of its kind.

The DAO was a 2016 project that eventually failed, dividing the Ethereum network significantly. Decentralized autonomous organizations (DAOs) exist and operate within the blockchain ecosystem. It’s a management strategy that uses a shared financial statement to manage people differently. DAO was created to allow investors to send money anonymously from anywhere on the planet. The DAO would then issue tokens to those owners, letting them vote on potential initiatives.

Why Did The DAO Form?

The DAO’s creators hoped they could remove human error or manipulation of investor funds by putting decision-making power in the hands of an automated system and a crowdsourced process. The DAO, which is powered by ether, was created to allow investors to send money anonymously from anywhere globally. The DAO would then issue tokens to those owners, allowing them to vote on future projects.

A business called Slock established the first DAO, known as the DAO. It is a German-based developer attempting to connect physical world transactions to the Blockchain, allowing anyone to rent, sell, or share their property without an intermediary.

How Does A DAO work?

A DAO’s smart contract is its backbone. The contract establishes the organization’s policies and safeguards its funds. Only a vote can change the rules after the contract is live on Ethereum.

If someone tries to do something that isn’t covered by the rules and logic of the code, it will fail. Because the smart contract establishes the treasury, no one can spend the money without the group’s authorization. In DAOs, this eliminates the need for a central authority. Instead, the group makes decisions together, and payments are made automatically once the votes are passed. This is possible because smart contracts on Ethereum are tamper-proof once they go live. You can’t unilaterally change the code(the DAO’s rules) without others seeing it because everything is public.

What Is An NFT?

The nonfungible Token, or NFT, is a brand-new digital asset that Musk Knight Club(DAO)is particularly pleased about. NFTs offer some interesting new qualities, and we’re only scratching the surface of their potential: they’re one-of-a-kind, provably scarce, tradeable, and applicable to a wide range of applications.

You may do whatever you want with them, just like any other asset! You may toss them away, give them to a friend anywhere globally, or sell them on an open market. They do, however, have all of the programmability of digital products, unlike conventional assets.

Open blockchain protocols will enable dynamic new economies, according to our vision. We’re developing solutions that enable consumers to freely trade their digital products, producers to launch new digital works, and developers to create profitable, integrated marketplaces for their digital items.

NFT Properties

A nonfungible token (NFT) is a digital asset that indicates ownership of online-based asset ssuch as art or music. The abbreviation refers to “nonfungible token,” which signifies that it is not interchangeable. Consider the case of Bitcoin.

Bitcoin is fungible because it can be exchanged for another Bitcoin. In both scenarios, you’ll finish up with Bitcoin. NFTs are bought (with cash or cryptocurrency) to give the buyer exclusive ownership of almost any form of digital production. Consider getting your hands on a valuable baseball card: it has a monetary worth, but it can’t be swapped for cash.

NFTs are capable of being anything. A jpg image, audio, or digital art can all be used. For example, you may be an artist by making a 3-minute YouTube video using your visuals and music. BOOM. If this movie adds value to the rest of the community, you can now sell it as an NFT for a good price. It’s similar to buying artwork at an art gallery but better.

Most NFTs, in a technical sense, are part of the Ethereum Blockchain. Although Ethereum is a cryptocurrency, its Blockchain allows for NFTs. Other Blockchains can also useNFTs. Therefore, Ethereum isn’t the only one. Collecting and purchasing items is enjoyable, and it can be a symbol of wealth or support for someone or a business, for example. NFTs, like art, can gain or decrease in value over time, and you can sell them for a lot of money.

Why Are NFTs Increasing In Popularity?

Even though NFTs have been around since 2015, they are currently experiencing a boom in popularity due to several factors. The first and most evident is the normalcy and enthusiasm surrounding cryptocurrencies and the blockchain frameworks. The combination of fandom, royalties economics, and scarcity laws go beyond the technology itself.

Consumers want to own unique digital information and maybe hold it as an investment. When someone buys a nonfungible token, they become the owner of the material, but it can still be distributed on the Internet. An NFT might gain popularity because the more it is seen online, the more valuable it becomes. When the item is sold, the original inventor receives a 10% cut, with a tiny part going to the Platform and the rest to the current owner. As a result, as popular digital assets are bought and sold over time, there is the possibility for of recurring revenue.

How Is An NFT Different From Cryptocurrency?

Cryptocurrencies are “fungible,” meaning they may be traded or exchanged for other cryptocurrencies. They’re also worth the same, while Each NFT serves as a digital signature that prevents them from being substituted for or compared.

How NFTs work

NFTs can take numerous forms; the most common is artwork, but they can also unlock various digital and in-person experiences, among other things. For example, NFTs can act as proof of ownership because their ownership can be instantaneously and easily validated on the Blockchain. This is especially useful in areas like art, where provenance is so vital to a piece’s collectability, But when it comes to things like experiences, this provenance, or proof of ownership, is even more beneficial; for example, you might use an NFT to unlock entry to a digital or in-person gallery or event for a certain artist in the future, with the NFTworking as a ticket or pass to enable your entrance.

The options are truly limitless. This is the time to become truly part of the crypto world, and here you are with an opportunity to be a member of the musk knight club to make understanding easier for you.

There is still more knowledge to be disclosed as these are just introductions to what is yet to come.

Visit the Musk Knights Club Website: https://muskknights.com/

Subscribe to the Musk Knights Club YouTube: https://www.youtube.com/channel/UCmBcU_OVUput0MlxCPDb4Pw

Follow Musk Knights Club on Twitter: https://twitter.com/MuskKnightsClub

Join the Musk Knights Club Discord: https://discord.gg/F8F6qbHk

To All Members of the Press

June 15, 2022

“Sound ART Project FLUcTUS” officially launches; Waves of Light and Sound give birth to Sound ART.

Event to “Experience” NFT Auctioned by “FLUcTUS” with Great Visual Impact by huge 4-sided LED display and 360 stereoscopic sound system.

Lead sentence

Sound ART NFT “experience” event at Tokyo Tower’s cutting-edge facilities!

At the beginning, there will be a talk show at the “Premier Stage”. Tetsuya Komuro, Terada Tera, popman3580 and other participating creators will take the stage as guests. The premiere stage will be broadcast worldwide!

There will be a support booth for fans and new NFT players. NFT beginners are greatly welcomed, and able to get NFT at the booth!

Overview of “Sound ART Project FLUcTUS -SYMBOL-”

＜Event＞

◎Date

On Sunday 26 June 16:00～21:00 JST

※16:00～16:30 Premiere stage will be selected by lottery in advance

◎Venue

“RED°TOKYO TOWER” in Tokyo Tower

◎”Premier Stage” Application

Applications are now being accepted from the official website. https://www.fluctusart.com

*Application closing date: June 17 (Fri.) 23:59

*Streaming: to be announced later on https://www.fluctusart.com

◎Fee

Admission to the venue

*For further information: https://tokyotower.red-brand.jp/tickets/

＜NFT Distribution＞

◎Distribution

Auction／Limited number

※For further information : to be announced later on the official website

◎NFT platform

「OVO」https://www.ovo.space

Body

“Sound ART Project FLUcTUS” officially launches; Waves of Light and Sound give birth to Sound ART. This project will take auctions for Sound ART NFT. The creators are as follows: the sound is by Tetsuya Komuro, a musician and music producer who pioneered the history of Japanese music, the graphics are by Cedric Rolando, and Victor Kaito who are active in the center of Paris, and the illustrations are by KUSHIMA Yu, Gekitetz, Terada Tera, and popman3580. A total of five works of Sound Art will be created by all creators together overflowing with light and sound.

The auction will be held on the NFT platform OVO (https://www.ovo.space) for five consecutive days from Saturday, June 25 to Wednesday, June 29. More details will be announced on the “Sound ART Project FLUcTUS” official website later (https://www.fluctusart.com/).

To memorialize the first Sound ART NFT auction, “Sound ART Project FLUcTUS -SYMBOL-,” an event to “experience” Sound ART, will be held on June 26 (Sun.) JST from 16:00 to 21:00 at “RED°TOKYO TOWER” a hot interdimensional entertainment space.

Sound ART NFT of “Sound ART Project FLUcTUS” can be “experienced” in a powerful space with huge 4-sided LED display and 360 stereoscopic sound system (102 channels of 3D SOUNDS) installed in the “RED°TOKYO TOWER SKY STADIUM” on the top floor. At “RED°TOKYO TOWER”, you can enjoy the latest “real x digital” XR technology and feel the impact.

On the floor, Q&A booths will be set up for NFT beginners, including tutorials of NFT and NFT purchase guide (details of the NFT auction and NFT regular sale will be announced later official website). Tetsuya Komuro, Victor Kaito, Terada Tera, popman3580, and other participating creators will take the stage for the talk show. Those who wish to attend can apply through the official website https://www.fluctusart.com (closing date is Fri. 6/17 at 23:59 JST ).

The first 30 minutes of the event (16:00-16:30) is the “Premier Stage,” those who apply in advance will be admitted. Those who wish to participate can apply through official website https://www.fluctusart.com (closing date is Fri. 6/17 at 23:59 JST).

The digital wave travels through time and space, evoking waves in the body, and transforming the perception of the “real”. The waves of the heart become impressive and moving, and the waves of the body become excited and an increase in heart rate, propagating from person to person. Wave after wave calls for wave, transforming into the swell of the times. Please “experience” the world of FLUcTUS.

Overview of “Sound ART Project FLUcTUS -SYMBOL-”

Official website https://www.fluctusart.com

＜Event＞

◎Event Contents

・You can “experience” all 5 works of Sound ART from “Sound ART Project FLUcTUS” with large 4-sided LED display screens and 360 stereoscopic sound system.

・Premier stage (talk show) featuring participating creators.

・We have support booths for Q&A, tutorials for NFT and purchase guide.

*Creators will only take the stage on the premier stage.

◎Date

Sunday, June 26, 16:00 – 21:00 JST

*The Premier Stage featuring creators from 16:00 to 16:30 is limited to the winners of the advance lottery.

◎Venue

“RED TOKYO TOWER SKY STADIUM”

※5th floor of “RED°TOKYO TOWER” in Tokyo Tower https://tokyotower.red-brand.jp

◎Fee

Admission to the venue

*For further information: https://tokyotower.red-brand.jp/tickets/

◎Premier Stage Application

Applications are now being accepted from the official website. https://www.fluctusart.com

*Application closing date: June 17 (Fri.) 23:59

◎Streaming of Premier Stage

To be announced on official website later.

◎”RED°TOKYO TOWER”

As the main platform for the “RED°” brand, the largest esports park in Japan has opened on April 20, 2022 (Wed) in the iconic Tokyo Tower in TOKYO/JAPAN. We seek to create a space that offers “another dimension of entertainment experience” packed with fun for every occasion, whether playing the latest game titles or enjoying competitions and events in a stadium equipped with the world’s most advanced XR technology. Our goal is to be at the forefront of esports’ evolution into a national culture.

Official site ：https://tokyotower.red-brand.jp/

＜NFT Distribution＞

◎Distribution

Auction

・Number of works: 5 works in total (limited to 1 piece each)

・Participating Creators：TESTUYA KOMURO, Cedric Rolando, Victor Kaito, KUSHIMA Yu, Gekitetz, Terada Tera, popman3580

※For further information : to be announced on the official website later

Limited number

To be announced on the official website later

◎NFT Platform https://www.ovo.space

OVO (ovo.space) is the No.1 NFT issuance platform in Japan, and integrates the latest AR-NFT technology to provide one-stop NFT solutions for high-quality contents. OVO platform integrates Issuance, Mystery Box, Auction, Marketplace, Fusion, Mining, and will deliver Super Avatars to the Metaverse in the future.

PROJECT

「Sound ART Project FLUcTUS 」

“Sound ART Project FLUcTUS” is based on the concept of “fluctus = wave” and creates Sound ART through the fusion of Light and Sound Waves. The body, mind, and soul are united and enlivened by enjoying the illustrations, dances, and VJ performances with the eyes, and at the same time enjoying the sounds, songs, and DJ arrangements with the ears and body.

The digital wave travels through time and space, evoking waves in the body, and transforming the perception of the “real”. The waves of the heart become impressive and moving, and the waves of the body become excitement and an increase in heart rate, propagating from person to person. Wave after wave calls for wave, transforming into the swell of the times.

The theme of the launch event is “SYMBOL”. Digital technology has once again entered a revolutionary period with the emergence of NFT. We hope that the development of these technologies will be a solid step toward a better world, and that they will be spoken of as a turning point; symbol in a world that has become better.

NFT and many other works created from this project will be developed on OVO, an NFT platform that is attracting worldwide attention for its original content and partnerships with popular chains and titles.

CREATORS

TETSUYA KOMURO / Sound

COMMENT ON THIS PROJECT

The more music is inspired and stimulated, the more radical, majestic and bewitching it becomes. The visual element is the most influential and is definitely a contemporary trend.

PROFILE

Tetsuya Komuro was born on November 27, 1958 in Tokyo. He is known as a Musician, Music producer, lyricist, composer, arranger, keyboardist, synthesizer programmer, mixing engineer, and DJ. Since his debut in 1984 as the music unit “TM NETWORK,” he has been constantly creating music using the latest technology, and as a composer, he has produced a massive number of hit songs. His breakthrough as a producer came in 1993, when he worked on “trf”. In 2021, TM NETWORK was rebooted after 6 years.

Twitter：https://twitter.com/tetsuyakomurotk

Instagram：https://www.instagram.com/tk19581127_official/

TETSUYA KOMURO STUDIO：https://fanicon.net/fancommunities/3914

Victor Kaito / Graphic

COMMENT ON THIS PROJECT

My calligraphy is infused with the esprit of Japanese ink painting and Parisian street art. I hope to connect Japan and France, and hope that the fusion of each new culture, along with great music, will reach your hearts peacefully.

PROFILE

Victor Kaito is a graphic artist. He began his art activities in his home base of Paris, France, where he expresses traditional Japanese patterns and paintings with his unique sensibility. He specializes in using the sneaker as a canvas to express his work in a modern style.

In 2018, he’s work of art was displayed in “Sneakers select 50”, held in seibu department store in Shibuya, Japan. In 2019, he was in “Fluctuart, centre d’art urbain”as a performer. Also in 2019, he participated in Ground Control “a place where fashion-conscious people in Paris can quickly exchange information and ideas on the next trends”. He is now expanding his activities through sneaker art by creating stage costumes for famous musicians.

Cedric Rolando / Graphic Motion

PROFILE

Cedric Rolando is a Digital Artist. He wants to crystallize, to share, emotions and memories using the best of my digital creation skills. I’m using interactive and real-time Web3D, 3d scanning, VR, Painting and sculpting, and code with nodes.

KUSHIMA Yu / Illustration

COMMENT ON THIS PROJECT

I have illustrated the positivity that would be contained in this project. I look forward to seeing these works in their finished form.

PROFILE

https://twitter.com/ISLAND__9

KUSHIMA Yu was born in 1991 in Shizuoka Prefecture, Japan. He mainly uses analog painting materials such as acrylic gouache, milipen, and masking tape, and creates graphics based on black and white. While focusing mainly on abstract expression, he also produces works that cross character illustrations. In February 2021, he opened his solo exhibition “IMIOUM”. He was also featured in “ILLUSTRATION 2020” and “VISIONS 2021,” which covers the hottest illustrators, and provides book illustrations for publications.

Gekitetz / Illustration

COMMENT ON THIS PROJECT

I think it will be even better when I can collaborate with the best of others and the best of myself!

I feel that this kind of multiplication will become the norm in the future, and I am looking forward to it!

PROFILE

https://twitter.com/GekitetZ077

Gekitetz is doing his activities mainly in game illustration. He specializes in streetwise character design and draws catchy and cool illustrations with a touch of American comic book style. He is an illustrator and character modeler who draws powerful original characters and various real-life sneakers for “Mousou tokyo,” a fashion showcase through the power of illustration. The detailed and realistic depiction of textures, shoelace intersections, and stitch runs, coupled with the impact of the distinctive characters is breathtaking.

popman3580 / Illustration

COMMENT ON THIS PROJECT

Looking at social networking sites, I feel that a tremendous amount of wonderful and diverse art is being created every day.I see the evolution of artwork that is seamless between sound and visuals, and I am excited to see that we can still have fun and learn.

PROFILE

https://twitter.com/popman3580

popman3580 graduated from Osaka University of Arts, Department of Design. His wide-ranging activities include book illustrations, character design, and fashion brand collaborations. He portrays pretty girls with stylish clothes and vivid poses down to the fingertips.

In January 2020, he held his first solo exhibition “Charm” in Ebisu, Japan. In May of the same year, he began illustrating original music videos for Japanese comedian “Soshina” from the group “Shimohuri Myojyo”. In 2021, he held his solo exhibition “S”, and in December of the same year, his first art book “CITRUS popman3580 Art Works & Sketches” was published.

Terada Tera / Illustration

COMMENT ON THIS PROJECT

I am very pleased to be able to add my illustration to this wonderful project!

PROFILE

https://twitter.com/trcoot

Terada Tera has collaborated with many companies on goods and apparel, including participation in the Ground Y x Illustrators “CENTRAL” COLLECTION, music videos and artwork for music artists such as “Turing Love / Nanawo Akari feat. Sou” and “Asura-chan/Ado”, etc. She is currently serializing “Junk Mall” on Twitter.

COJIRASE LUNCH BOX / Illustration Management

COJIRASE LUNCH BOX is a planning and production unit formed by “cojirase (to complicate curiosity and hobbies.)” creators who have been involved in subculture-related creative activities such as games, animation, and idols. They have worked on a wide range of projects including art direction for games, web commercials featuring idols, and events such as illustration exhibitions.

They create new “cojirase” content that seems unlikely to exist before, based on ideas inspired by needs and issues, and combining their twisted knowledge with their insight into the core of the world.

GESTART / Project Direction

GESTART is a family of artists who consistently design/produce unique worldviews and spaces from conception to production, focusing on ART and FASHION.

NFT Platform

OVO

OVO (ovo.space) is the No.1 NFT issuance platform in Japan, and integrates the latest AR-NFT technology to provide one-stop NFT solutions for high-quality contents. OVO platform integrates Issuance, Mystery Box, Auction, Marketplace, Fusion, Mining etc, and will deliver Super Avatars to the Metaverse in the future.

Nyathees, a popular Anime character with 5 million downloads in Japan’s LINE store, launched NFTs on OVO last year. As of May 22, the number of NFT sales exceeded 50,000, and transfers exceeded 100,000 times.

In the future, OVO will create the OVO Metaverse—MetaArtia in UE4, and import popular projects or contents into it. All NFT assets issued in OVO will implement applications in MetaArtia and users are able to interact with their own Avatars in OVO Metaverse.

In addition, OVO is also working to strengthen its content and expand its market through partnerships with Flow(*1) public chain, other metaverse projects such as MatrixWorld and Yooshi, and popular NFT platforms such as NFTb, Babylons, and Tofu. In the future, the company plans to develop NFT ART in the Metaverse, further expanding its domain.

*1：Flow is layer 1 blockchain developed by DapperLabs, the company behind “CryptoKitties” and “NBA Top Shot

【For inquiries regarding this project】

FLUcTUS Management Office

info@fluctusart.com

【For inquiries about the NFT platform】

OVO official

homepage：https://www.ovo.space

Discord：http://discord.gg/4AgYvJVcT2

Twitter：https://twitter.com/ovo__official

Medium：https://ovonft.medium.com/

MetaTrads is an emerging dark horse in the NFT trading platform. With the improvement of MetaTrads’ popularity, MetaTrads’ ecosystem has achieved sound development, and the building of MetaTrads’ platform reputation has been put on the agenda. The MetaTrads team has a lot to say about how MetaTrads builds its reputation.

First, adhere to the principle of the user. The principle of the user first is the core of the word-of-mouth construction of the MetaTrads platform. The platform experience includes many aspects, which largely determine the stickiness of users and even the expansion of the user base. MetaTrads always uphold the concept of the user first and attaches great importance to user experience, especially in the quality control of NFT. MetaTrads strictly checks the quality of core business NFT projects. The team’s review mechanism of NFT can keep junk projects out and ensure the value of NFT in the hands of users. The MetaTrads team has also made great innovations on the technical level in terms of the smoothness of the chain and the stability of the platform.

Second, do a good job in user education, and lower the threshold of use. NFT development is still in its early stage, a lot of people know about its not enough, even if want to know, to participate, as the global language and culture and the difference in thinking modes and the lack of all kinds of network media, the higher the threshold of the remains, MetaTrads technical team and marketing team overcome difficult, above the using method of the platform and laminating the use of preferences, also through a variety of media publicity to let users in-depth understanding of the platform’s gameplay and the use of rules, is committed to user education, gradually reduce the threshold of the use of the platform, to achieve user engagement and the increase of the base, so that NFT is not just a small circle of games.

Third, maintain the brand advantage value. In today’s NFT boom, MetaTrads has unique advantages. First, the platform of MetaTrads has a daily fee increasing mechanism, which greatly increases the brush cost of speculators, ensures the fairness of trade mining, and effectively prevents the chaos of NFT invalid transactions and single brush volume. Second, the NFT liquidity on the promoting of platform trading a reward mechanism of mining, users in the trading of MT and USDT award at the same time, as well as the preferential fee, let the user activity is greatly increased, in the case of general secondary market liquidity is not enough, MetaTrads platform of NFT in the secondary market liquidity advantage is obvious. The third is the value mechanism of NFT cards. MetaTrads starts the NFT synthetic scarcity guarantee mechanism. By using NFT cards of different star levels to open the profit gap between trade mining, users are attracted to synthesize a large number of advanced cards, so that the number of NFTs in circulation is greatly reduced, and its value rises steadily and reasonably.

Therefore, the MetaTrads model brings users the ultimate experience of asset appreciation. MetaTrads has immeasurable room for growth. In a positive ecological environment, NFT works appreciate steadily, fair trade mining users get a steady stream of revenue, and MT continues to appreciate. In the user group, the good reputation attracts more users to join, the platform trading volume keeps rising, the platform fee income increases, the platform becomes a more powerful large platform, and the number of users continues to increase, forming a snowball moving benign closed loop.

Fourth, do a good job in brand word-of-mouth publicity. In this era, wine is also deeply afraid of the alley, and the true power of technology can only be counted as the foundation of the building. To make the house comfortable, it is necessary to carry out exquisite decorations. Similarly, MetaTrads also needs to build word of mouth through commercial promotion. Promote the advantages of the MetaTrads platform through the introduction of various media, to enhance the channels for expanding new users and accumulating loyal users for the platform. Now, the MetaTrads team has carried out a series of marketing activities through media publicity, cooperation, and promotion with traditional artists or well-known enterprises, which has been warmly received in the market.

MetaTrads is bound to be a rising star due to its reasonable value mechanism and existence mechanism and reputation building. You missed Binance and OpenSea five years ago, are you going to miss the opportunity to grow with MetaTrads now? Who’s to say MeteTrads isn’t the next 10, 000-fold project to soar.

With the popularity of the crypto market, the market focus is no longer limited to the top mainstream currencies, but is gradually spreading to the emerging cryptocurrencies and networks – a more eye-catching and imaginative space. At the same time, for these new types of cryptocurrencies or digital assets, market acceptance is becoming greater and greater, with more virtual and real integration applications available. The NFT craze is undoubtedly the product of this trend, and is also a valuable investment conduit.

NFT transactions in 2021 exceeded $17.69 billion, and NFT transactions reached $26 billion in the first quarter of 2022, surpassing the total for the whole of the preceding year. Although the NFT market is rising, the threshold of entry is getting higher and higher, making it extremely difficult for small capital consumers to buy the leading NFTs, and ordinary users have become bystanders.

In addition to the high entry threshold, NFT liquidity problems are also troubling users. They are not as convenient to trade as homogenized tokens (such as BTC and ETH), and because of the non-homogeneous characteristics of NFT, the market price of each commodity is different. When an NFT is traded, the seller and the buyer must reach an agreement on the price. If the buyer thinks the seller’s price is excessively high, they will not buy.

Facing such difficulties, how can MetEast disrupt the game? How does it become a rule-changer in the NFT market? What opportunities will it bring to ordinary investors?

New power in the NFT market

As a dark horse in the NFT market in 2022, MetEast has better liquidity, autonomy and friendliness. In the MetEast ecosystem, investors can mint and trade an NFT through crypto asset agreements.

In order to take into account the rights and interests of coin holders and token inflation, MetEast has launched various ecological incentives. These are to attract participation and improve liquidity while reducing the incentive intensity of liquidity mining, thereby slowing the inflation rate of tokens.

MetEast combines macro monetary policy to realize token economic innovation, and is committed to improving the economic value of the platform tokens, increase the purchasing power of tokens, and bring more benefits to token holders. Users can get ME token through transactions, ecological incentives amongst other ways.

The total supply of ME Token is 1,000,000,000, of which 500,000,000 are allocated to the ESC ecology and 500,000,000 to the ETH ecology. The more valuable MetEast is as a platform, the more value is the ME token held by users.

Reward: 50% ME will be awarded to users for trading and casting;

Air drop: 15%ME will be put in an air drop to the user;

DAO: 10% ME will reward the DAO’s contribution to the community;

Team: 10% ME will belong to the team;

Ecology: 10%ME will be used for ecological cooperation;

Treasury: 5%ME C will be attributed to the community investment.

The NFT market is ushering in new opportunities: there will be a unicorn. At present, NFTs are regarded as the underlying core technology of the metaverse: which provides technical support for the generation, confirmation, pricing, circulation and traceability of digital assets. They are also representative of the digital assets held by users in the metaverse in the future. To some extent, it will effectively promote the root of the metaverse economy. Driven by metaverse and blockchain technology, NFTs will have a broader use-case prospective.

MetEast aims to become a value-sharing NFT platform that truly addresses NFT liquidity problems for all users while providing token rewards to creators and traders.

Detailed rules for the user rewards are as follows:

The minant (creator) can receive ME as a bonus, calculating formula = (ME released daily) * NFT volume they cast each day * 0.4

Traders can receive ME as a reward, calculating the formula = (ME released per day / total daily volume) * NFT volume they trade per day * 0.5

The DAO as the mint (creator) gets a bonus with the formula = (ME / total daily volume) * NFT volume they cast daily * 0.1

DAO gets a bonus as traders, calculating formula = (ME coins released per day / total daily volume) * NFT volume they trade per day * 0.1

Through ecological construction, closed-loop economy and other innovations, the strength of MetEast is constantly improved. For example, ME gives MetEast more valuable storage characteristics, and minting make MetEast more irreplaceable. MetEast has entered a positive cycle of development and enhanced its market position. The MetEast economy will spontaneously grow, thus creating a closed-loop economy, feeding back to creators and traders.

With the rise of digital natives and the growing demand for alternative investment, the NFT market is just beginning. There are successful projects and failed projects. Successful projects will be valued and fulfil market needs, continue to profit; failed exploration represents early player time and money, missing other opportunities that chose the wrong direction.

There are signs that MetEast is likely to be a dark horse in the NFT market over the next decade. MetEast combines creators, buyers and sellers more closely to create a better ecological environment for all NFT assets and become the infrastructure for blockchain technology to map the real world.

In the future, MetEast will also build an NFT ecosystem based on artificial intelligence, metaverse and other scenarios. It is foreseeable that MetEast will lead the new wave of an NFT 2.0 era.

Contact Us:

-Twitter: @Meteast2022

-Telegram: https://t.me/MetEastofficial

-Discord: https://discord.gg/s7DNxA8jd8

-Medium: https://medium.com/@Meteast2022

-Instagram: https://www.instagram.com/meteast2022

Hi, MetaTrads fans in Discord! I am Bill who represents MetaTrads in the Discord community, and we’re thrilled to have Rebecca, the Director of Marketing in MetaTrads, join us in our AMA!

Hi, my name is Rebecca and I’m glad to be here with all of you!

I’m sure a lot of people are excited about MetaTrads’ development and information, so let’s get started!

Ok, let’s begin!

1. Can you start with a brief introduction to MetaTrads?

MetaTrads is an NFT aggregation trading platform founded by a group of geeks in Silicon Valley, the first to launch a new trade mining model, and received Multicoin Capital, LATOKEN, Deserve, Flipsidecrypto, and other overseas Capital investments, It aims to build the world’s largest NFT ecological value circulation platform and empower decentralized community construction by standing at the forefront of WEB 3.0.

We all know that NFT is very popular, but there are some problems in NFT trading, such as poor liquidity of NFT in the secondary market, high entry threshold, weak empowerment, and other problems.

The MetaTrads team was born to change that.

2. What do you think of the current development of the NFT industry?

There are three main problems facing NFT transactions:

First, the liquidity of the NFT secondary market is poor. High trading quota behind only a few giant series of NFT turnover.

Second, the barriers to entry are too high. The head of the valuable NFT value in the tens, hundreds of etheric starting, completely belongs to the rich game. Small-money traders find it hard to get in.

Third, NFT empowerment is weak. While the metaverse was still the tip of the iceberg, the gameplay of NFT was pretty flat, just dropping dividends and so on.

So NFT’s trading situation is in dire need of someone to break through the shackles. And I believe MetaTrads is leading the way.

3. I see. Do you believe MetaTrads has a better solution to the current problems facing NFT?

Yes, of course, the MetaTrads team has done a lot of innovation to address these issues.

In terms of technical implementation, the MetaTrads platform adopts Turing complete transaction engine, Layer 2 extensibility, other architecture engines, and a multi-chain asset circulation module to meet users’ requirements for GameFi asset liquidity such as purchase, sale, and auction.

At the same time, the transaction of property rights of every MetaTrads asset is guaranteed, and the consensus of property rights is established, which lays a solid foundation for MetaTrads to become the NFT circulation platform with the largest transaction volume and the largest number of user carriers in the world.

The economic logic is that MetaTrads returns the most sustainable and attractive platform revenue (trading fees) to NFT traders and platform promoters in a variety of ways.

For NFT traders, more participation in NFT trading can not only earn NFT premiums, but also earn MT in the process of trading, and obtain additional benefits derived from MT, such as platform commission dividends generated by LP stake, etc.

MetaTrads adds fun and monetization for platform promoters by joining the gamification team system, giving more than half of the platform’s revenue back to loyal preachers, fueling the platform’s continued rapid growth, and empowering the NFT industry. The preachers will experience innovative NFT circulation benefits, as more and more people participate in NFT transactions, and they can reap significant cash (USDT) benefits as the platform scales.

In terms of gameplay mechanism, MetaTrads has launched innovative mechanisms such as identity campaign and NFT synthesis to improve fighting power, which will effectively improve the current problem of insufficient liquidity of NFT, truly activate the secondary market of NFT, create a new round of rich effect, and make the platform become a milestone in the development of NFT industry.

4. According to your description, will MetaTrads launch an official NFT? How is it different from other NFTs?

Yes. The difference in NFT on the MetaTrads platform is mainly reflected in the value maintenance of NFT by the platform. The specific points are as follows:

First, the platform’s innovative gameplay increases the value of the official NFT. MetaTreds allows users to synthesize multiple NFT cards into one NFT card when the synthesize function is enabled. By burning and resynthesizing, the overall market for NFT is getting smaller and smaller. So, prices are rising steadily and reasonably.

Second, through the price mechanism to support the NFT to enable. Based on the price spiral mechanism, traders’ profit will promote trading, and NFT will obtain higher financial value.

Third, the quality of the NFT project is guaranteed. The Metatreds platform has a strict accreditation system for NFT products, which is used as a basis for the quality of NFT products.

All of these actions will keep official and certified NFT on MetaTrads in a high quality, scarce and valuable position.

5. So what’s so special about MetaTrads’s trade mining?

First, unlike LooksRare and X2Y2, MetaTrads uses a dual MT token and USDT reward system. Under this dual token reward system, users can get stable USDT revenue while pursuing long-term MT rewards.

Second, MetaTrads introduced a new trade mining logic: an initial daily fee of just 2%, but for each NFT sold, the trading fee will be 1.25 times the previous sale. Since the fee mark-up makes the speculator’s brush costs much higher, it is very powerful to prevent speculator brushes from affecting normal user transactions.

Third, the platform will take 10% of the trading fee income as an incentive to continue holding activities to give back to users who actively participate in trade mining, so that traders will be surprised.

Fourth, MetaTrads trading mining is not only tied to trading volume but also community identity and team system. The loyalty of user transactions is segmented by community identity, and the 45% trading fee is fairly awarded to platform promoters based on team activity.

6. When it comes to MetaTrads’ platform MT, does it have any advantages over other NFT tokens?

Yes. MT is the platform equity currency of MetaTrads. The direct explanation of MT is the reflection of the value of the trading platform itself.

MT reflects the market’s expectations for the development of the NFT exchange. Users who are optimistic about the platform can hold MT to rise and gain higher profits. Even if users don’t like it, they can still earn USDT trading fees by sharing trade mining.

Of course, the value of MT is expected to rise as the platform will maintain the value of MT tokens in a variety of ways. When the currency price keeps rising steadily, the trading volume of the platform will increase, and users’ income will increase accordingly, forming a benign closed loop. Only in this way can the platform achieve better development. In this way, the value of equity coin MT, which represents the development of the platform, will rise, and loyal users who participated in the early stage will also get good benefits from it.

As for specific maintenance methods, there are the following: 30% platform commission repurchase MT, multiple application scenarios such as using MT to deduct platform commission fee, 1%MT transaction discount point, and all MT of MetaTrads NFT synthetic payment are burned, etc.

7. What is the current development status of MetaTrads? How do we get involved?

Since last year, MetaTrads has stepped up technology development on the platform, as well as global community building. After months of promotion, MetaTrads now has a certain user base overseas, and many overseas fans have been looking forward to the official launch of the MetaTrads platform.

The good news is that after months of development and community building, MetaTrads is ready to go public.

On May 26, INO was officially launched, with a total of 60,000 MetaTrads NFT debuts worldwide. Of these, 50,000 were publicly available and 10,000 were airdropped on Discord and other channels. These NFTS will be used as the first seed NFTs to be mined in the MetaTrads deal, and their scarcity provides good protection for future value appreciation.

When INO is completed, IDO activities will be held. MetaTrads NFT holders are eligible to participate in IDO. In other words, owning MetaTrads NFT qualifies as a whitelist for MT subscriptions. A total of 12 million MT are involved in IDO, that is, each NFT holding address can subscribe for a maximum of 200 at a preferential price of 0.05U. It is worth noting that MetaTrads will not officially pre-mine any MT. IDO’s 12 million MT is all in circulation at the start of the platform, and the remaining MT is all fairly produced by trade mining.

After the successful completion of IDO, MT will first go online and anchor the currency price with Pancake, and then the MetaTrads trading platform will be officially unveiled, and users will start trade mining. From then on, MetaTrads will continue to hold various events to provide benefits, so that interested friends can keep an eye on the community.

Official Website: MetaTrads. IO

Discord: https://discord.gg/H7dQegcSNt

Telegram: https://t.me/MetaTradsEn

Twitter: https://twitter.com/MetaTradsreal

8. Do MetaTrads have any thoughts on the future development of NFT?

In the future, MetaTrads will look to NFT Fi, GameFi, metaverse, and other extended areas. Because the team has always believed that the multi-dimensional innovative NFT transaction is only the starting point and foundation of MetaTrads, the future value of the platform and equity tokens will spread out on this foundation and the space is infinite!

9. Currently, MetaTrads is referred to as the Binance of NFT track, and also as the next OpenSea. In fact, how do you position MetaTrads in your mind?

MetaTrads is at a very early stage of development and is not yet in the same league as the great whales of Binance and OpenSea. But, of course, we have big goals. We want to make MetaTrads as good a product as Binance. With a reasonable economic model and satisfactory platform token price to leverage the real value of the platform, promote the healthy development of the NFT secondary market. We believe that day will come soon.

10. Why isn’t MetaTrads the next OpenSea when every NFT platform is pitching itself as the next?

First, I’d like to stress that the OpenSea team is excellent and the product is the most user-friendly in the industry. However, MetaTrads will not go in the same direction as OpenSea. OpenSea was conceived as a friendly trading platform for NFT enthusiasts, but it was born to serve the WEB2.0 world. I think it makes sense, however, I believe it won’t work in the future WEB3.0 world.

The essence of WEB3.0 is that users use and discard products, and users go where products work and make money, without any barriers. Therefore, how the platform builds a sound economic model is just as important as the quality of the product, if not more so. Unlike OpenSea, MetaTrads focuses not only on product polishing but also on economic model design, because we want MetaTrads to go further and shine in WEB3.0.

Thank you, Rebecca, that’s all my questions. I wish the MetaTrads will fly high up to the moon, like all we expected!

Thank you to all fans in the MetaTrads!

Thank you everyone for participating in the AMA in Discord, we will meet again in the MetaTrads!