Social Media App “Btok” Acquires NFT For $1.24M, As Its Brand Ambassador

Btok, a social network designed to connect people with the blockchain world, is the latest brand to seed in the non-fungible token (NFT) space. Just like NFTs connect people to digital communities, Btok will allow its users to interact with like-minded blockchain fans, fellow investors and enjoy firsthand news about the latest projects.

The hype around non-fungible tokens (NFT) shows no signs of slowing down, with public figures and celebrities such as Justin Beiber, Jimmy Fallon, Madonna, Snoop doggy, and major brands making significant investments into the digital sphere.

Nonetheless, the rapidly increasing mainstream adoption of non-fungible tokens (NFTs) continues attracting different questions and concerns, with many parties now wondering what’s driving the NFT traction.

Non-fungible tokens (NFT) are blockchain-based digital collectibles which came to life in 2014. NFTs authenticate digital assets, making them an ideal method for tracking music, art, and film creators to ensure respective parties get some profit for their efforts.

For that reason, many celebrities and public figures have invested hundreds of thousands into NFTs. Many have found appeal in what these digital avatars represent, including freedom for artists, membership into a shared community, and a bridge toward the virtual world.

The social media app (Btok) serving the needs of people in blockchain has successfully acquired one of the most expensive NFTs as its brand ambassador. Bored Ape Yacht Club #7537 is unique for its bandolier clothing, which only 2% of the entire BAYC collection features.

The NFT depicts closed eyes, a bored mouth, and brown fur. At the time of publishing, the Ape sold for 1024ETH, equivalent to over $1.24 million.

Btok Future Plans To Boost Blockchain Fronts

Just like other popular blockchain social media platforms, Btok has also gained much traction for keeping user content on its decentralized network immutable ledger, allowing users to remain in control over their contents.

As a result, the social media app has successfully built a community of over 10 million blockchain users and over 1 million groups, becoming a gateway to the blockchain world.

Nonetheless, the social media app now intends to move much further to link all parties within the blockchain world together while providing solutions to both users and project owners. Btok aims to become a one-stop blockchain platform with super functionalities such as instant messaging (IM) functionality. Btok media app also expects to offer exclusive services such as discovering up-and-coming projects and participating in airdrops and crypto transfer.

Btok social media app is renowned for offering low barriers for usage, with its app ready for download on either Android or IOS devices. The app only requires a phone number to sign up, an action that has attracted many blockchain communities. Btok allows users to explore over 1,000 blockchain companies, including Bithumb global, Binance, Huobi Global, and LBank.

Btok social media app will leverage the newly bought BAYC NFT to market its brand. According to the team behind development, their mission is to become one of the largest social media platforms around the globe, with BAYC as its ambassador.