Catgirl aims to rebrand NFT Marketplaces in the crypto space and blockchain technology | marketrealtime.com


Partner Content

oi-Oneindia Staff

|

Google Oneindia News

Without a doubt, Non-Fungible Tokens (NFTs) will continue to rise in the coming years, seeing how the market has grown significantly over other areas of the blockchain environment. But as more NFTs reach the ecosystem, it can be confusing and overwhelming even for seasoned investors. CATGIRL aims to simplify such advancements in blockchain technology and provide token holders with an all-encompassing platform.

CATGIRL acknowledges that the exchange of goods and services has truly evolved along with the advancements in technology, but emphasizes that it does not have to be complex at all. They explained that for centuries, monopolized corporations have acted as middlemen for transactions and currency exchange, leaving the people with small dividends in return. CATGIRL is a platform for the exchange of goods and services in blockchain technology, but the profit will not fill the pockets of monopoly holders. Instead, it is a system built by users for users. Stakeholders have a say in how the decentralized market works and changes over time.

Catgirl aims to rebrand NFT Marketplaces in the crypto space and blockchain technology

CATGIRL is officially the first fully decentralized community-owned NFT marketplace on the BNB ecosystem. The holder-owned NFT marketplace allows CATGIRL token holders to share the generated revenue from the platform’s transaction fees. It aims to return the power back to holders, fairly reward community members, and create an inclusive avenue where everyone can buy, sell, trade, and create their own NFTs on multiple blockchains.

“From an educated and strategically analytical outlook, we anticipate global adoption of NFTs by the mainstream population – including those who currently lack knowledge or involvement in the cryptocurrency industry,” shared CATGIRL “This widespread adaptation provides the market with a better way to buy, sell, and transfer NFTs.”

Dedicated to communication with interested parties, the team has created accounts on social media platforms

Consequently, the BNB ecosystem also witnessed exponential growth over the past year, with NFT also contributing heavily to the rise of the platform. Seeing how crowded the cryptocurrency space has been due to the success of NFTs and the Ethereum blockchain, CATGIRL structured its system to serve everyone in the industry, including creators, investors, and stakeholders. The platform boasts utility for every user who needs to get things done efficiently in Web 3.0.

CATGIRL will follow OpenSea’s Standards in BEP20 Blockchain The initial NFT marketplace functionality in the new platform will include NFT listings for both buying and auctioning, buying and bidding NFTs, and creating a collection of NFTs under a single contract.

“Our proposed enhanced categorization design allows for the expansion of the NFT space itself. Everything from music to social justice will benefit. Along with the arts, we aim to bring tokenized utility features to popularity,” shared one of CATGIRL’s representatives.

Furthermore, CATGIRL tokenomics, hand-crafted by industry experts which allows the platform’s market cap to be interpreted easily and understandably. While the token supply is Higher than usual compared to other trading platforms, the founders believe that it allows more trading pairs when exchanges take place. CATGIRL token is an implementation of standard BEP20 token with its Snapshot class, allowing the organization to take snapshots of current holders of the tokens at any given moment.

CATGIRL DAO will be governed by a smart contract where the shareholders are the primary decision makers. Shareholders are those who do not work for the DAO but hold any number of CATGIRL tokens which will also be receiving dividends from marketplace fees.

Story first published: Friday, October 7, 2022, 17:59 [IST]



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

© Market Real Time 2022 | Designed by PixaHive.