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Home » nft art finance

NFT Art Finance (NFTART) token is a relatively new cryptocurrency on the market. It was founded in early 2021 as part of a much bigger Enter ecosystem and it is based on Binance Smart Chain. Binance Smart Chain characterizes low gas fees and carbon emission-related minting fees. NFT Art Finance token was primarily created as the cryptocurrency for trading NFTs. This token can also be staked, which is specifically motivated in the Enter ecosystem. 

NFT Art Finance token is presented as a deflationary utility token. This means that some amount of tokens are removed from the market from time to time. There are several methods to do this, and the most common ones are buy-backs and token burns from major token holders or creators. The main feature of a deflationary utility token is the elimination of the possibility for an overflowed market and so the token value. 

As we mentioned before, the NFT Art Finance token is just a part of a bigger Enter ecosystem which also includes NFT marketplace for visual arts, NFT audio and NFT marketplace for game assets. Enter.art and NFT Art finance are developed and working well, while Enter.games marketplace is in the development process. So, Enter is an ecosystem that is a tool for the creative industry, it is here to make artists’ entrance into blockchain and metaverse space easier.

 >>>Get Ethereum on eToro to buy the NFT<<<

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.  

Buy NFT art finance

The main reason why you should buy NFT art finance is its potential. This is not a token that was created a long time ago, without any specific purpose. Today, new cryptocurrencies are created with a purpose, to solve a problem, a real-world problem. You can look at it as an invention. Specifically, NFT art finance was created as a tool for artists, any type of artists, visual or audio, as well as for video games designers. NFT art finance is a token, cryptocurrency, created to be used as the main trading resource for minting and trading NFT in Enter ecosystem. 

It also has an attribute of the deflationary utility token, which means that creators take care of token supply and value. In the beginning, creators burnt 50% of the supply. Also, the token code burns 5% of each transaction. Another 5% are redistributed to holders through staking. 

The current price of the token is low, but you should know that it has existed for a year, and has much more features to introduce to its users. 

The main features of NFT art finance are:

  • It is deflationary – supply and value are controlled.
  • It has a use – it is a currency for minting and trading NFTs in Enter ecosystem.
  • It provides passive income – 5% of each transaction is given back to holders, the more you have, the more you get.
  • Transaction fees are low – thankfully to Binance Smart Chain.
  • Tokenomics – All the above economic aspects of the token are a part of a smart contract and can’t ever be changed. 

 >>>Get Ethereum on eToro to buy the NFT<<<

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.  

How to invest in NFT art finance

The current price of NFT art finance token is $0,000000000296 with a daily trading volume of $461.388,00. Its price went up 1,76% in the last 24 hours. The all-time high was on August 27th, 2021 at $0,000000018252. It has 25 quadrillion tokens currently circulating with 100 quadrillions of the total supply. The continued development of blockchain technology guarantees the NFT market stability for foreseeable future.

Don’t be frightened by these numbers because investing in NFTs will surely pay off. You can buy NFT art finance to stake it or to mint or buy NFTs. NFTs are a great way to secure royalties over an art piece because they can’t be stolen from you. Even though everybody can enjoy the art, the code in blockchain makes sure that the specific NFT is yours. NFT is sometimes regarded as art ownership access democratization. 

Investing in NFT art finance is profitable, because, essentially you will invest in NFTs. And with NFT, you became an owner of a piece of art, you can later resell or collect royalties from. Primarily, NFT art finance is intended for artists. They can buy it and use it to mint their NFTs, and later sell those NFTs. It doesn’t matter where you mint or buy NFT, it is just important that the art you created or buy is good, that people will recognize it. The market will take care of the rest.  

Of course, you don’t need to be an artist to invest in NFT art finance and simply earn by staking it. But, we are certain that much more usability options will emerge as Enter ecosystem develops. 

 >>>Get Ethereum on eToro to buy the NFT<<<

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.  

 

Where to buy NFT art finance

You can buy NFT art finance on cryptocurrency exchanges that support it. For now, there are just a few cryptocurrency exchanges that support NFT art finance, among which are DigiFinex, PancakeSwap, and eToro. 

DigiFinex is a Singapore-based cryptocurrency exchange with an office in Seychelles. It has existed since 2018 and the founders were employed by famous companies such as Baidu and HP. The main feature is a flat fee model, which is 0.20%.

PancakeSwap is a decentralized exchange that allows users to trade BEP-20 tokens. This means you can trade tokens that don’t have their blockchain but are built on Binance Smart Chain. 

eToro is overall the best cryptocurrency app. Over 23 million people are currently trading on eToro. It is known as a platform that besides trading cryptocurrencies, also offers users to trade CFDs on crypto. This means you earn on cryptocurrency price fluctuation. 

 >>>Get Ethereum on eToro to buy the NFT<<<

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.  

Best place to buy NFT art finance

From the above-mentioned cryptocurrency exchanges, we have to highlight PancakeSwap as the best for buying NFT art finance.

PancakeSwap is a decentralized exchange that allows you to trade cryptocurrencies and tokens without a centralized broker while maintaining custody of your tokens. It is built on automated smart contracts deployed on the Binance Smart Chain, a blockchain platform run by the Binance crypto exchange.

Like many other decentralized exchanges, PancakeSwap is built on an automated market maker system that relies on user liquidity pools to enable crypto trading. Instead of dealing with an order book and finding someone who wants to replace the tokens you have with the ones you want, users lock their tokens into a pool of liquidity through smart contracts. This gives you the exchange you want, and users who keep their coins in the pool earn rewards.

The rewards are received in LP (liquidity provider). These tokens can later be used to get CAKE. CAKE tokens can be staked, and the reward is a token called SYROP. SYROP is a token that can be used as a utility token or as a lottery ticket. 

So, all of these additional trading benefits, makes PancakeSwap the best place to buy NFT art finance token on.

 >>>Get Ethereum on eToro to buy the NFT<<<

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.  

 

Is NFT art finance the best cryptocurrency to buy in 2022?

If you want to be a part of one of the most exciting NFT projects, join Lucky Block’s Platinum Rollers Club. This NFT was released on Saturday, March 19th, with a restricted number of tokens available of 10,000. Each token would set you back $1,500, and demand was high. In addition, the group has 25 uncommon NFTs, which allow consumers to quadruple their prices if they win a jackpot.

Every token holder will be able to participate in the daily NFT lottery draws for the rest of their lives. Each draw is worth about $10,000, and each token has a one-in-ten thousand chance of winning.

The project’s creators also developed NFT Launchpad, a fresh new NFT marketplace where Platinum Rollers Club can be purchased.

This platform’s interface is similar to OpenSea, although there are a few key differences:

  • Binance Smart Chain and Polygon are two blockchain networks supported by the platform (MATIC).
    MetaMask and Trust Wallet are the two wallets that can currently connect to your Launchpad profile.
    Because Platinum Rollers Club is located on BSC, gas costs are quite low.

>>>Get Lucky Block Platinum Rollers Club<<<

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.  

Step 1: Download MetaMask

First thing you need to do is to get a digital wallet. For this guide we will use MetaMask digital wallet. MetaMask is the official wallet of Binance, and you won’t have trouble downloading it. You can find it on Google Play for Android users, and on Play store for iOS. 

Step 2: Get your crypto in the wallet

You can’t buy crypto with your credit card directly on PancakeSwap, you can do this only with other cryptocurrency. That is why you downloaded MetaMask. Firstly, you have to add cryptocurrency on MetaMask. 

You can do this by either buying any crypto on MetaMask with a credit or debit card or you can transfer crypto from other sources. Preferably, you should buy BNB, since you can buy any cryptocurrency on PancakeSwap with BNB. This is because PancakeSwap supports cryptocurrency that is created on Binance Smart Chain.

Step 3: Set up Your Profile on PancakeSwap

To trade on PancakeSwap you will need to connect an external wallet, such as MetaMask. To do this, you should click on “Connect” button on PancakeSwap website and choose MetaMask as the wallet. It will automatically offer you to create a profile. Follow those steps, pick username and password and you’ll be all set.

Step 3: Transfer BNB

Now, you need to transfer those BNB from MetaMask to PancakeSwap. This process involves copying the BNB address and pasting it on PancakeSwap. The process is over when you confirm the transaction with code you received on mail or via SMS. 

Step 4: Buy Lucky Block

This is the easiest part. The only thing left now is to find the “SWAP” section which is on the main screen on the website. Here you can choose Lucky Block, enter the amount of Lucky Block you want to buy, or enter the amount of BNB you want to sell and the equivalent amount of Lucky Block will show. 

Click swap, and after the smart contract executes the transaction will be done.

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Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.   

Conclusion on NFT art finance

You might notice that all the new cryptocurrencies have a precise purpose, a real-world application. NFT art finance is not any different. Even though it is very young, and its current value isn’t admirable, it has great potential. 

NFT art finance is just a part of Enter ecosystem, which also includes a marketplace for visual arts, audio, and very soon marketplace for gaming resources. NFT art finance token serves just as currency for the Enter, to mint, buy or sell NFTs on the platform. The token is presented as deflationary which means that somebody thought of token supply and value. The NFT art finance tokenomics is set in the smart contract, and these aspects can’t be changed. To summarize, all transactions are taxed at a 10% rate, 5% are burnt and the other 5% are redistributed to holders.

Tijana Veljkovic