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What is APENFT (NFT)?

2022/08/10 - 09:03


By registering world-class artworks (NFTs) on the blockchain, APENFT helps encourage the growth of NFT artists. The purchasing of both traditional and non-traditional artworks is viewed as an investment.

As a result of this mission, APENFT was born. The bridge between established artists and blockchain technology while supporting the development of local crypto artists.

What is APENFT (NFT)? 

By registering world-class artworks (NFTs) on the blockchain, APENFT helps encourage the growth of NFT artists. The purchasing of both traditional and non-traditional artworks is viewed as an investment.

As a result of this mission, APENFT was born. The bridge between established artists and blockchain technology while supporting the development of local crypto artists. Their objective is to make art more attainable to the common people by redefining it from an Elite-only possession to something that belongs to everyone.

What type of blockchain does it use?

The world's largest distributed storage system, BitTorrent powers the TRON ecosystem. Thirty million users and 1.8 billion transactions are just some of TRONs impressive statistics. The world's most widely used stable coin is in circulation, as well as a vibrant blockchain ecosystem. NFT artworks acquired by APNFt will be converted into ERC-721/TRC-721 tokens on the blockchain. Artwork rights and interests will be owned by NFT coins stored in ERC20/TRC20 smart contracts. In addition, the BTFS network would maintain permanent archives of the artwork (BitTorrent File System).

Details of the Coin Offering

 New listing

 New listing

There are 999,990,000,000,000 NFT tokens in circulation, which is the total supply of APENFT's digital assets.

Its IPO price was set at $0.00000012.

NFT can be earned through commenting on, generating, suggesting, and presenting works in APENFT, as well as giving industry statistics, policy analysis, and other activities. Users can also earn NFT by participating in BTC, ETH, DOGE, TRX, BTT, JST, SUN, WIN liquidity airdrops, and mining for these cryptocurrencies.

  • The airdrop and mining of NFT Defi will be finished in 23 months. Between June 2021 and April 2023.
  • 189,998,100,000,000 NFTs will make up 19% of the entire supply.
  • There will be a total supply of 19,999,800,000,000 NFT at the start of the initial release in June 2021.
  • There will be a monthly release of 7,916,587,500,000 NFT from July 2021 to March 2023.
  • NFT will be released for the last time in April 2023, totaling 3,749,962,500,000 NFT

How does it work? 

Because they are one-of-a-kind, traditional works of art like paintings are expensive, while digital files can be readily and endlessly reproduced. It will be possible to purchase and sell digital ownership certificates for artwork using APENFTs. On the blockchain, auctions are very similar. Celebrities with enormous followings will be encouraged to collaborate with APENFT to create and re-create high-quality artworks and established NFT franchises. There will be a smart contract-based governance system in place for the APENFT native coin, NFT. Community members will discuss and expand contract features, then voted on via NFT and implemented according to the majority rule. Using smart contracts and the TRON public chain's virtual machine, NFT hopes to expand its use in DeFi initiatives in the near future.

What kind of art do we mean? 

  • Picasso’s FEMME NUE 
  • OCEAN FRONT — by Beeple
  • THREE SELF-PORTRAITS- By Andy Warhol

The first internet-based speculative price predictions

Because APENFT's founders are Christie's, Sotheby's, and PE Banks professionals, I'm only filtering what's being discussed about the company. With years of experience investing and trading in art, they are well-versed in the investment potential and the current condition of the art market.

Coins based on internet crypto indices as of today's prices:

  • This writing stands at 0.00000371 (USD) as of the end of this year.
  • 0.000026 USD and.00000229 USD could be the highest and lowest prices in the next three years.
  • By the end of 2022, it might be worth around 0.00000751 USD.
  • However, by the end of 2023, it might possibly reach 0.000012 USD...
  • By the end of 2024, the Ape nft might cost 0.000019 USD per unit.
  • While its value could go as high as $0.00001058 at the end of 2025.

Is it possible to develop a new market for NFTs by converting historical masterpieces?

NFT

NFT

We can't say for certain yet since it's too early. NFTs have a wide range of applications. However, when we look at APENFT from a trading perspective, art can be used as an investment choice. Investing in a rising-value item is a wise move. So, the question is, how can we be able to increase the value of an asset?

Everything is valuable because of its scarcity and accessibility. The value of art as an investment class is based on its scarcity and investors' willingness to pay for it. Only one Guernica can be found in the world. Poppies in the middle of a wheatfield. Art auctions are where people pay millions of dollars to acquire a piece of art because of its rarity.

It's all about the perceived worth and uniqueness of the product.

Alternatively, it is possible to support the art business and encourage new artists to emerge, paving the way for new generations of artists to come into their own in the years to come.

APENFT aspires to accomplish both of these goals. People are part of a community when they interact with the art and the artists. These communities can use tokens as a type of digital badge/identity/barter system. There will always be a use case for NFT in the real world as long as there is a record system and people are ready to utilize it to exchange value for their investment in art. There's a lot at stake here.

NFTs can be a viable digital asset type if the following conditions are met:

  • A tokenized or signed piece of the digital asset is seen as an investment possibility for a select group of people.
  • These protocols are in accordance with DeFi.
  • They have a specialized and dedicated group of people who can engage in business with them.
  • Safety and volatility are taken into consideration when enforcing laws.
  • It is now feasible to conduct real-world transactions.

Current Price

 OCEAN FRONT by Beeple
OCEAN FRONT by Beeple

With a 24-hour trading volume of USD 479,883,322, APENFT's current price is $0.000003. Our NFT to USD rate is updated in real-time. As of this writing, APENFT's value has risen by 4.30 percent. Live market capital of USD 845,513,122 ranks CoinMarketCap #110 at the time of this writing. A total of 277,080,562,500,000 NFT coins are in circulation, whereas the maximum supply is 999,990,000,000 NFT coins.

If you'd like to know where to buy APENFT stock, OKEx, CoinTiger, Huobi Global, KuCoin, and Gate.io are currently the main cryptocurrency exchanges for trading in APENFT stock.

Here. There are both benefits and disadvantages. NFT market regulation would be intriguing to monitor, as innovation today becomes standard tomorrow...." It's too early to tell if APENFT will be around for a long time or not at this time. If you are looking for cryptocurrency signals and futures signals, we can provide you with guaranteed and profitable signals. 

Can creating NFTs from historical masterpieces open up new art markets and paradigms?

When APENFT was founded, its primary goal was to register world-class artworks as blockchain-based non-fungible assets (on March 29, 2021).

Assembling a bridge between established artists and the blockchain, as well as fostering the development of native crypto artists in the NFT market. They believe that works of art should be accessible to every person on the planet. Not only the wealthy and famous.

Their whitepaper states:

Investments in leading NFT platforms and artworks, incubation of leading NFT artists to build a bridge between the world's best artists and NFT, sponsoring galleries, organizing art exhibitions or publications; awards to support art creation; establishment of art collections, etc. are the core businesses of APENFT.

With the help of APENFT, blockchain may be used in a wider range of applications. In order to increase the NFT trading quality, APENFT purchases well-known NFT artworks as underlying assets. It aids government agencies, academic institutions, legal professionals, and business leaders in formulating policies that promote the industry's long-term growth and prosperity.

Value exchange, teamwork, and record-keeping are three of the most common applications of blockchain technology currently in use. All three scenarios are well-suited to the NFT's singular design. Not only is it becoming popular, but it is a crucial component of the blockchain industry's future advancement. Artworks and traditional and digital art will be invested in and promoted by APENFT as a blockchain firm, leveraging its technology and market research strengths to introduce blockchain into a wide range of use cases.

Is it built on a specific blockchain?

 

Binance Support 
Binance Support

The world's largest distributed data storage technology, BitTorrent, powers the TRON environment.

With over 30 million users, 1.8 billion transactions, the world's largest stablecoin circulation, and a vibrant blockchain business environment, TRON is presently the world's most popular cryptocurrency. Tokens based on the ERC-721 and TRC-721 blockchains will be created for all NFT artwork that APENFT acquires.

Ownership of the underlying works of art will be transferred to NFT token holders using ERC20/TRC20 smart contracts.

The BTFS network would keep a permanent record of the artwork's existence (BitTorrent File System)

Details of the Coin Offering

There are 999,990,000,000,000 NFT tokens in circulation, which is the total supply of APENFT's digital assets.

When it was first issued, it was valued at just $0.00000012.

Participating in APENFT activities, such as commenting, generating, recommending, and showing works, as well as contributing industry knowledge, policy analysis, and other behaviors will earn you NFT.

There will be a complete airdrop and mining of NFT Defi in 23 months. From June 2021 through April 2023,189,998,100,000,000 NFTs will make up 19% of the entire supply.

In June 2021, a total of 19,999,800,000,000 NFTs were made available for the first time.

Between July 2021 and March 2023, a total of 7,916,587,500,000 NFT will be made available on a monthly basis.

In April 2023, the final release of 3,749,962,500,000 NFT will take place.

How does it work? 

Paintings and other works of art are expensive because they are one-of-a-kind. Digital files, on the other hand, may be simply and infinitely regenerated.

"Tokenized" artwork will be created that can be traded and sold using APENFTs, a digital certificate of ownership. Similar to auctions on the blockchain, but with a twist

The APENFT team intends to promote the creation and re-creation of high-quality artworks and established franchises and bespoke models. NFT collaborates with high-profile celebrities who have large fan bases.

To ensure that all information is available on-chain for NFT, the native token of APENFT, smart contracts will be used to control it 

Contracts will be voted on and implemented by the majority rule by community members, who will discuss and expand the features of the contracts. In the future, NFT plans to use smart contracts and the TRON public chain's virtual machine to broaden its applicability in DeFi projects and improve connection.

Internet speculative pricing estimates 

 

Statistics

Statistics

In no way am I a financial or investment professional, and this should not be construed as financial or investment advice. It is essential to research by yourself before investing in any digital asset or coin, including NFT.

Because APENFT's founders are Christie's, Sotheby's, and PE Banks specialists, I'm merely curating speculation about the company. Consequently, they are well-versed in the art market and its worth as an asset class.

Internet crypto indices are predicting the price of future tokens.

The price is expected to rise to 0.00000371 (USD) before the year's end.

The highest and lowest prices may reach 0.000027 USD.00000239 USD in the next three years.  It might reach 0.00000751 USD before the end of 2022.

However, by the end of 2023, the value may be as low as 0.000012 USD.

By the end of 2024, the Ape nft might cost 0.000019 USD per unit.

And by the end of 2025, its value might soar to USD 0.00001058.

Is it possible to develop a new market for NFTs by converting historical masterpieces?

It's too early to give any kind of certainty. NFTs can be applied in a wide variety of applications. APENFT, on the other hand, is mostly used for trading art as an investment opportunity. Any asset that increases in value is an excellent investment. It's up to us to figure out how to increase the worth of an asset. The two defining characteristics of value are scarcity and ease of acquisition. When it comes to art as an investment class, scarcity and adoption by investors have a role in its value.

For NFTs to be an asset class, there must be a community of people who are prepared to have a tokenized/signed portion of the digital asset as an investment choice.

  • They are compatible with the DeFi standards.
  • They have a small but dedicated and professional group of people who are committed to doing business with them.
  • There are laws, rules, safety, and volatility that are controlled.
  • Transactions in the real world are made possible.

Current Price and Exchanges that trade APENFT

 

APENFT has a future

APENFT has a future

The current APENFT price is USD 0.000003, with a trading volume of $362,958,954 in the last 24 hours. Our NFT to USD pricing is constantly updated. In the last 24 hours, APENFT has lost 20.62 percent of its value. Live market capital of $835,958,553 USD ranks CoinMarketCap at No. 105. A total of 277,080,562,500,000 NFT coins are in circulation, whereas the maximum supply is 999,990,000,000 NFT coins.

If you'd like to know where to buy APENFT stock, OKEx, Huobi Global, CoinTiger, KuCoin, and Gate.io are currently the main cryptocurrency exchanges for trading in APENFT stock. If you are looking for APENFT cryptocurrency signals, we can provide you guaranteed results that will bring a lot of easy profit. 
 


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