Uglies NFT - A new NFT platform on Solana blockchain.

in #uglies • 2 years ago

Cryptocurrencies and its underlying technology have opened a decent deal of opportunities for humanity. The concept of cryptocurriencies runs on the blockchain technology. Blockchain technology promises to facilitate fast, secure and inexpensive international payment processing services (and other transactions) through the use of an encrypted distributed ledger that provides reliable real-time transaction verification without the need for intermediaries such as correspondent banks and clearing houses. Now the users are able to transact in Fast , Safe and scalable environment.

We have already seen the rise of Blockchain concept and it's widely acceptance. Decentralized exchanges can differ dramatically in terms of technology, security, legal implications, economic implications, and more. Technology always moves on and the second generation development is now in trend called DeFi (Decentralized Finance). Where we have lots of opportunities to earn more. We can stake, Lend/Borrow assets and can yearn via Yield Farming from the idle assets which are lying in our wallets. Now again further advanced technology is knocking the door called Cross-chain DeFi Protocol. Where two or more Blockchain can interact with each other.

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Uglies NFT

The growing usage of non-fungible tokens in supply chain and logistics is projected to generate revenue growth. NFTs help prevent counterfeiting, track items along the supply chain, and assure authenticity. This also applies to high-end fashion supply networks. For sectors like automotive, NFTs might offer information on each material and component. This may also help save money. NFTs may also help businesses monitor the use of reusable and sustainable materials. Using NFTs and blockchain in the real world might help verify titles and ownership histories. But this sort of software is risky. While blockchain enhances NFT security, hacking is still possible. Unpredictability in NFT pricing is a big issue. Originality, uniqueness, rarity, and other variables may influence the price of an NFT. Because there are no defined standards for NFTs, their costs vary widely.

About Uglies Platform

A new digital art revolution is underway, with the goal of popularizing digital art. More art than science, digital art ushers in a new era in human creativity. With growing speed and precision, digital art software that contains tools for painting, drawing, and converting images to digital art Apply unique effects, add text to photos, and more. Here is the optimal method for discovering and consuming digital art using UGLIES.

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UGLIES NFT is a new approach to transform the way you make digital art, making it incredibly simple for you to produce the art you've always desired. UGLIES transforms your photographs and introduces them to the world of digital art. All modifications are mirrored in real time, allowing you to preview the final appearance of your photographs before sharing them - anywhere.

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#nft #solana #cryptocurrency #crypto
2 years ago in #uglies by
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