What is NFT Stars (NFTS) | What is NFT Stars token | What is NFTS token
In this article, we’ll discuss information about the NFT Stars project and NFTS token
The new multi-chain NFT marketplace NFT STARS is preparing for its Initial DEX Offering and is about to open its ecosystem to the public. The company aims to help a broader audience discover and get involved in the NFT space. Its products and services target artists, digital art lovers, NFT gamers, investors, startup founders and corporations wanting to enter the NFT world.
The recent spike in NFT sales has pushed many industries and companies unrelated to crypto to consider the benefits of non-fungible tokens and how to apply them to their advantage. Big luxury brands like Louis Vuitton, Prada and Cartier have entered the blockchain world to reinforce the exclusivity of their luxury items with NFTs. The brands are seeking to create a database of luxury products and unique digital identities assigned to their goods, proving their authenticity. But as these companies operate in a completely different sphere, they require a lot of resources to create an NFT solution that meets their needs and is reliable. NFT STARS aims to ease the point of entry for such companies with its White Label solution.
NFT STARS White Label Solution
NFT STARS is a new NFT marketplace that is pursuing the goal of making NFT more accessible to different market actors. White Label is one of many unique NFT solutions offered by the company. NFT STARS is a customized platform for exclusive brands and those who want to launch their own marketplace. Instead of developing everything from scratch, companies can buy a time-proven back-end code base and customizable front-end from NFT STARS.
The White Label solution addresses multiple issues at once. NFT STARS is a team of NFT and blockchain experts who have extensive experience in these fields. This serves as a security guarantee. A brand doesn’t need to go through multiple iterations, trial and error, instead it can source a solution that’s compliant with robust security standards. Moreover, by integrating a ready-made solution and adapting it to the brand’s specific needs, the time to market can be significantly reduced. Instead of spending months looking for skilled engineers, approving the roadmap and building a solution, the brand can acquire a pre-made marketplace, needing only to add the finishing touches. Lastly, the NFT STARS White Label solution helps companies to cut costs. The money saved on development can be invested in marketing.
Meet NFT STARS
Besides the White Label solution, NFT STARS introduces many brand-new products and services. The distinctive feature of the marketplace is its selective approach to artists. Every creator featured on the platform goes through a screening process or is picked by the NFT STARS community. The chosen Stars will receive special treatment:
- Gas-free NFT minting
- Collective NFT ownership
- Fractional NFT trading
- A personal manager
- NFT Pricing Scanner
- Opportunity to host an exhibition in a personalized AR gallery
Another innovation introduced by NFT STARS is a 24/7 NFT radio station featuring promising artists. NFT STARS also introduces a completely new way to fund a business idea — Initial NFT Offering. Startups go through two rounds of funding and users can purchase NFTs to farm the project’s native tokens.
The NFT STARS ecosystem is powered by its native token NFTS. The token provides its holders with access to premium features and other benefits. Users with NFTS on their balance will be eligible for NFT discounts, platform liquidity mining, participation in platform governance and will have some advantages when participating in the Initial NFT Offering.
The NFT Future That NFT STARS is About to Bring
NFT STARS is a new marketplace that enables NFT liquidity flow on multiple blockchains. It leverages the strongest aspects of non-fungible tokens so it can offer unique products and services to artists, digital art lovers, investors, and startup founders.
Careful Selection and Special Treatment of the Stars
The NFT STARS mission is to select skilled artists and help them stand out in the highly competitive NFT market. Every artist present on the marketplace is picked by the executive board or the community. That way, the marketplace isn’t flooded with creators speculating on the growing interest in NFT. NFT STARS is going for quality, not quantity.
Selected artists get special treatment: designers have personal managers, they can consult with the legal department on any matter and their works will be promoted on social media through interviews and other marketing activities. One of the biggest advantages for artists on NFT STARS is the Gas-free minting. The NFTs are minted at the time of sale and the purchaser pays the Gas expenses of the process.
Personalized Gallery
The fact that art is digital doesn’t mean it can’t be appreciated and consumed the way traditional paintings are. NFT STARS provides every creator with a chance to host their first exhibition in a personalized gallery, powered by Augmented Reality technology. The galleries will be available on the screens of smartphones, giving users a unique opportunity to learn more about the artists and their work from the comfort of their homes.
NFT STARS has gone one step further and is about to host its first offline NFT exhibition and conference in Melbourne, Australia in July this year. The team aims to show people the beauty of NFTs and educate them on what goes into creating one.
NFT Ownership Collaboration
On the NFT STARS marketplace, creators will find brand new features like collaboration sales. This allows a group of artists to create an NFT as a team and sell it collectively. The proceeds will then be distributed to each team member. NFT STARS removes all obstacles and creates a favorable environment for artists to grow and collaborate.
Fractional NFT Trading
The platform that aims to be ‘exclusive’ in terms of the artist it represents is also striving to be ‘inclusive’ when it comes to users interested in digital art. NFT STARS enables fractional NFT trading to open the market up to users who have been priced out. Artists, in turn, can sell a small portion of their creations and retain ownership.
Initial NFT Offering
NFT STARS introduces a completely new way to fund a business idea — Initial NFT Offering. The marketplace serves as a launchpad for creative platforms where they go through two rounds of funding and users can purchase NFTs to farm the project’s native tokens.
How and Where to Buy NFTS ?
NFTS token is now live on the Ethereum and Binance mainnet. The token address for NFTS is 0x08037036451c768465369431da5c671ad9b37dbc. Be cautious not to purchase any other token with a smart contract different from this one (as this can be easily faked). We strongly advise to be vigilant and stay safe throughout the launch. Don’t let the excitement get the best of you.
Just be sure you have enough ETH or BNB in your wallet to cover the transaction fees.
You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…
We will use Binance Exchange here as it is one of the largest crypto exchanges that accept fiat deposits.
Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer, and buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…
Step by Step Guide : What is Binance | How to Create an account on Binance (Updated 2021)
Next step
You need a wallet address to Connect to Uniswap or Pancakeswap Decentralized Exchange, we use Metamask wallet
If you don’t have a Metamask wallet, read this article and follow the steps
☞What is Metamask wallet | How to Create a wallet and Use
Transfer $ETH, $BNB to your new Metamask wallet from your existing wallet
Next step
Connect Metamask wallet to Uniswap or Pancakeswap Decentralized Exchange and Buy, Swap NFTS token
Contract: 0x08037036451c768465369431da5c671ad9b37dbc
Read more:
What is Uniswap | Beginner’s Guide on How to Use Uniswap
What is Pancakeswap | Beginner’s Guide on How to Use Pancakeswap
The top exchange for trading in NFTS token is currently Uniswap v3, Pancakeswap v2
Find more information NFTS
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🔺DISCLAIMER: The Information in the post isn’t financial advice, is intended FOR GENERAL INFORMATION PURPOSES ONLY. Trading Cryptocurrency is VERY risky. Make sure you understand these risks and that you are responsible for what you do with your money.
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