What is iNFT Platform (INFT) | What is INFT token

In this article, we'll discuss information about the iNFT Platform project and INFT token. 

iNFT is a platform focusing on the NFT trading and providing professional service.The underlying technology based on the blockchain protocols of the Ethereum and BSC, makes iNFT different from the traditional exchanges and e-commerce platforms. Data security can be ensured as all the data is recorded on blockchain contracts. The iNFT project is initiated in September 2020, and is the first team committed to developing the NFT in the Asia-Pacific region.

DAM (Decentralized Appraisal Machine) is a mechanism proposed by the iNFT platform to price the NFT by combining smart contracts and DAO, which is aimed to solve the problem of asset liquidity in the NFT primary and secondary markets.

REASON FOR DEVELOPING DAM

The problems that DAM can solveGeneral issues of NFT liquidityDisordered state of the NFT pricing mechanismAmbiguity of the NFT pricing logic

DAM MECHANISM

Decentralized Appraisal Machine (DAM): NFT assets are initially priced by a non-zero-sum game approach. The DAM mechanism introduces a fair value system and iterates according to the algorithm to ensure the validity of the appraisal mechanism. The nodes participating in the appraisal will receive iNFT tokens as rewards in the early stage. Besides, the revenue gained from the NFT appraisal will be distributed to the involved nodes according to specific rules.

dam

TECHNICAL ADVANTAGES OF DAM

The first NFT appraisal mechanism combining smart contracts and DAO -- DAMAsset aggregation of Ethereum and BSC, integrating various functions such as casting, trading, auction, mysterious box, and etc.The project was initiated in September 2020, which is one of the earliest high-quality NFT platform in the Asia-Pacific region.NFT assets exceed 18 million, with more than 100 cooperative projects, and more than 50,000 users.

  • DAM (Decentralized Appraisal Machine) isa pricing mechanism proposed by iNFT platform to realize NFT through smart contract +DAO, aiming to solve the pain point of asset liquidity in the primary and secondary markets of NFT. DAM is a decentralized price discriminator. At present, there are many NFT projects, but the market pain point is also very obvious, casting an IP picture is very difficult to sell, false prosperity phenomenon is obvious in the market, the core problem is the asset premium and user purchase intention is inconsistent. Because sellers only want to sell at a higher price, it is difficult to form a single consensus of buyers' purchasing power.

DAM's initial pricing model was designed and completed by the iNFT Global team, mainly referring to the pricing business of sotheby's auction and other professional institutions and the design of the paper "An Efficient Price Mechanism for NFTs". The technical team will continue to iterate and update the pricing algorithm, and the pricing nodes will update and upgrade the pricing model according to the voting rules written by DAO.

  • Distributed Autonomous Organization (DAO) The DAO is a fully automated organization that any person or group can join or leave at any time if it meets the requirements. The pricing machine system manages and operates node ecology through DAO, and implements rules and benefit distribution through smart contract management agency, which is transparent and fair. We believe that only by making DAM governance institution open and fair can the price range formed by it be reasonable
  • Appraisal Model DAM's initial pricing model was designed and completed by the iNFT Global team, mainly referring to the pricing business of sotheby's auction and other professional institutions and the design of the paper "An Efficient Price Mechanism for NFTs". The technical team will continue to iterate and update the pricing algorithm, and the pricing nodes will update and upgrade the pricing model according to the voting rules written by DAO.

 

THE MARKET TARGET OF iNFT

position

Max Supply: 500,000,000 INFT token

​How and Where to Buy INFT token?

INFT token is now live on the Binance mainnet. The token address for INFT is 0xd2fF8c018A22Ff06F4BE781090579d0490B9A69f. 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 BNB in your wallet to cover the transaction fees.

Join To Get BNB (Binance Coin)! ☞ CLICK HERE

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)…

☞ SIGN UP ON BINANCE

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 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 $BNB to your new Metamask wallet from your existing wallet

Next step

Connect Metamask Wallet to Pancakeswap Decentralized Exchange and Buy, Swap INFT token

Contract: 0xd2fF8c018A22Ff06F4BE781090579d0490B9A69f

Read more: What is Pancakeswap | Beginner’s Guide on How to Use Pancakeswap

The top exchange for trading in INFT token is currently: PancakeSwap v2

Find more information INFT token

☞ Website ☞ Explorer  ☞ Social Channel ☞ Social Channel 2 ☞ Social Channel 3  ☞ Coinmarketcap

Top exchanges for token-coin trading. Follow instructions and make unlimited money

BinanceBittrexPoloniexBitfinexHuobiMXCProBITGate.ioCoinbase

🔺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.

🔥 If you’re a beginner. I believe the article below will be useful to you ☞ What You Should Know Before Investing in Cryptocurrency - For Beginner

⭐ ⭐ ⭐The project is of interest to the community. Join to Get free ‘GEEK coin’ (GEEKCASH coin)!

☞ **-----https://geekcash.org-----**⭐ ⭐ ⭐

I hope this post will help you. Don't forget to leave a like, comment and sharing it with others. Thank you!

#bitcoin #cryptocurrency
 

What is GEEK

Buddha Community

What is iNFT Platform (INFT) | What is INFT token
aviana farren

aviana farren

1623071647

NFT Token | NFT Token Creation Services | NFT Token Platform | NFT Development Platform

The NFT token creation services have disrupted the blockchain industry with its futuristic benefits offered for global users to explore and reap profits in less time. The NFT tokens are unique and built using the latest blockchain technology to gain users’ attention. Investors can approach Infinite Block Tech to gain assistance in developing a world-class NFT token platform.

#nft token #nft token creation services #nft token platform #nft development platform #nft development

aviana farren

aviana farren

1622549618

SafeMoon Clone | Token Development Platform like SafeMoon | SafeMoon Token Platform

The token development platform like SafeMoon is trending in the blockchain world. The SafeMoon token has great demand and value in the crypto market. The SafeMoon token platform is powered using smart contracts to handle overall transaction flow without any loss. Investors can contact a reputed Infinite Block Tech to get a ready-to-launch SafeMoon token platform at an affordable price to top the marketplace.

#safemoon token platform #token development platform like safemoon #safemoon clone #fundraising defi protocol like safemoon #fundraising platform like safemoon

aaron silva

aaron silva

1622259014

NFT Development | NFT token development platform | NFT token development

The NFT tokens are unique in nature and grabbed global users’ attention towards a non-fungible token development platform to adopt digital transactions in the real world. The NFT tokens have great value and demand in the trade market. Investors can contact Infinite Block Tech to build their NFT token development platform cost-effectively for competing with others in the marketplace.

#non-fungible token development platform #nft development #nft token development platform #nft token development

Platform App Design | Cross-Platform Development Services

Cross-Platform Development Services

With the development in mobile app technology, a huge time saver as well as the quality maintainer technology is Cross-Platform App development. The development of an app that takes less time to develop as well as uses one technology to develop an app for both android and iOS is game-changing technology in mobile app development.

Want to develop or design a Cross-platform app?

With the successful delivery of more than 950 projects, WebClues Infotech has got the expertise as well as a huge experience of cross-platform app development and design. With global offices in 4 continents and a customer presence in most developed countries, WebClues Infotech has got a huge network around the world.

Want to know more about our cross-platform app designs?

Visit: https://www.webcluesinfotech.com/cross-platform-design/

Share your requirements https://www.webcluesinfotech.com/contact-us/

View Portfolio https://www.webcluesinfotech.com/portfolio/

#cross-platform development services #cross platform mobile app development services #cross-platform mobile app development services #cross platform app development services #hire cross platform app developer #hire cross-platform app developer india usa,

Mark Anderson

Mark Anderson

1617951201

Security Token Platform crowdfund your business growth easily

Security Token Offerings can be created on efficient blockchain networks like Ethereum, Hyperledger, and Stellar. We are experts in developing a Security Token Platform.

##security token offerings ##security token platform ##sto development ##security token development ##security token offering services