XACT: A Secured Marketplace With NFTS

dicesun (28)in #crypto • 2 years ago

Introduction

This are essentially a group of incredibly intelligent and well-educated people who have been brought together to provide top-notch marketing services for companies of all sizes. We provide consulting to companies who are looking to improve their overall marketing strategy and provide expert guidance to companies who are looking to expand their market reach online.

We can define non-fungible tokens as the digital versions of assets such as real estate, designs, artworks, and collectibles such as in-game assets, which are non-fungible and they possess features and specific properties that make them peculiar and valued. Users can use these assets to establish authentic digital scarcity and ownership. NFTs have been around for some time and the launching of Bitcoin 2.0 in 2012 marked the release of the first NFT-like asset. Despite not being a novel innovation, the introduction of Xact, a blockchain-powered platform, where gamers have the right to receive and nurture digital cats, repositioned the world’s attention to this fascinating technology and this started the NFT existence.

You cannot break or divide non-fungible tokens into smaller bits, but fungible tokens are divisible into little units. For example, Bitcoin and other fungible cryptocurrencies can be split or broken into smaller units before selling them or performing any other utility with them. However, NFTs can only be bought, sold, staked, or use as collateral, as a single unit.

Problems

This platform called Xact will be addressing the lack of liquidity for users, having seen the need for this and how many has been so affected by the poor liquidity structure of the system. It will tackle the lack of lending opportunity, users of the blockchain, especially creatives don't have a way to support their activities, most don't even get a sure way to monetize but of course, this platform will offer what is in the best interest of the next users, especially artists as they become holders of NFT so as to make use of every opportunities and also be capable of crosschain transactions.

The Solutions And Features Of Xact

The leverage with the blockchain for this platform is a very good one. It has its protocol set on the blockchain structure and will offer yield farming services. This platform also will provide the best tokenomics and will encourage the trading of tokens as all artists are involved from different part of the world. Then gaming comes into the picture, NFTs will be used and users will become very familiar with the tokenomics that will bring so much benefit to them.

Conclusion

Staking and rewarding comes right after. This provides users a secure way of earning and getting more Xact tokens. The users are able to earn and get incomes as they provide their services. NFT is given as rewards and the yield farming system is boosted. NFT liquidity is also a part of this as the interaction between users in the Xact system grows and trading is aided. Users interaction in the Xact ecosystem make such rewarding and content monetizing easy. The rewards also will cause more people to be interested in the platform and rewards for trading in the platform with the new lottery system.