#VOLT_NFT
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wellni ยท 3 years ago
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VOLT NFT: MARETPLACE FOR DIGITAL ARTS
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INTRODUCTION
The rise to prominence of blockchain technology and cryptocurrency is a welcoming sight to crypto fanatics all around the globe. It is increasingly becoming likely that blockchain could be the latest disrupting technology since the invention of the internet. Its transparency brings something totally different to what we have been used to when it comes to transactions, its decentralization brings with it freedom, its mutability might be just the needed tools for financial institutions to explore to gain back their customers' trust. While blockchain is far from the finished technology to be deployed for mass adoption, its successful application to various aspects of human life makes it a worthwhile technology to pay attention to. Bottlenecks have been solved, flaws have been scaled and both blockchain technology and cryptocurrency looks the next big thing!.
One of the applications of blockchain technology is the coming to existence of non fungible tokens (NFTs). Non fungible tokens (NFTs) are like digital data sets that are stored on the blockchain in the form of a token which can be traded. Non fungible tokens can be in the form of items of arts, sports, music and many more which are treated as tradable commodities that can be purchased with proof of ownership bestowed upon the original owner.
There have been different marketplace for non fungible tokens (NFTs) come into existence in 2021 due to the uptrend of the non fungible tokens but the next big thing in the marketplace for non fungible tokens is the Volt NFTs MARKETPLACE.
What are Non Fungible Tokens (NFTs)
Non fungible tokens are sets of digital assets stored on the blockchain, which are treated as a tradeable commodity with ownership right given to the developer of such data which is slightly different from copyright. While cryptocurrency like bitcoin are fungible, that is, one bitcoin will have the same value as another bitcoin, a Non fungible token which could be an art painting of a tree will not or may not have the same value as another art painting of a tree, this feature is what makes them be referred to as non fungible tokens (NFTs).
VOLT NFT
VOLT NFT is the biggest online marketplace for the trading of Non-fungible tokens (NFTs). It is developed on the ethereum chain for digital arts such as music, drawings, ebooks, sports collectibles and many more and also to trade placementable cryptocurrencies including ERC721 and ERC1155 assets. VOLT NFT allows socially active artists to leverage the booming blockchain and crypto currency ecosystem by allowing artists to mint and sell their art works in the form of non fungible tokens with artists retaining the copyright of such work.
VOLT NFT is the perfect marketplace for art lovers who are also blockchain enthusiasts to purchase different art works. Just like copyright, one can purchase non fungible tokens and have access to such tokens which could be a drawing or an ebook to do anything with it, with the original author retaining its ownership. VOLT NFT is developed to create an avenue for talented artists all over the world to showcase their works and talent leveraging the decentralization of blockchain in doing so. GET your ART with VOLT NFT.
VOLT NFT marketplace has many interesting features such as anti whale dumping that could wreck the price of VOLT NFT token, resilient file holding protocol that helps save large files like videos and bring permanent solution to non fungible tokens permanence problem, passive income for holders of VOLT NFT token, anti copycats and cross chain ability.
Features of VOLT NFT Marketplace
Anti-copycats mechanism
This feature on VOLT NFT allows the original author of an art work to retain the copyright of such art such that anybody that purchases such work only has access to it and not a right to sell or publish without the consent of the original author, which is a reminder of the international copyright and international laws.
Anti-Whale dumping mechanism
Whales in cryptoverse are individuals holding a very large quantity of a particular coin or token and can significantly affect the price of such coin or token with a single sell order creating a sell pressure which in return can wreck the price of such a token. To protect $volt token which is the native currency of the VOLT NFT marketplace, the project team has designed an anti-whale dumping mechanism to ensure stabilization of volt token by allowing a single transaction not exceeding 0.5% of the total supply of the volt token.
Passive income for holders
VOLT NFT shares a certain percentage of the tax on each transaction with every holder of $volt token allowing holders to earn passively through static reflex and also ensures little sell pressure as holders can just withdraw their passive income without needing to empty their bags, thus giving value to volt token.
NFT Permanence Solution
VOLT NFT marketplace provides the 1st permanence solution in the NFT marketplace by providing decentralized resilient file holding protocols that helps VOLT NFT store large files like metadata and video files.
Cross Chain Ability
VOLT NFT is interoperability i.e it allows transactions across multiple chains. Though initially developed on ethereum chains, VOLT NFT will allow transactions between different chains to become the first NFT marketplace to remove the barrier of chain limitations.
VOLT NFT Token (Volt)
Volt is the native digital currency of the VOLT NFT marketplace. It is an ERC20 token on the Ethereum chain and will be the leading currency for all transactions on the VOLT NFT ecosystem.
Conclusion
VOLT NFT will create an NFT marketplace like no other with its many interesting features helping bring the works of creative talents to limelight. You are an art lover? Or a creative artist looking to leverage the booming crypto world? VOLT NFT is the right place for you to get or sell your various artworks as a non fungible token with premium ease.
For more information and resource kindly visit:
https://voltnft.com/
https://twitter.com/VOLT_NFT
https://www.instagram.com/VOLT_NFT/
https://www.reddit.com/r/VOLT_NFT/
https://t.me/volt_nft
AUTHOR
cassano https://bitcointalk.org/index.php?action=profile;u=1252736
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