Fast-rising NFT platform NFTime has revealed that it is set to launch its Initial DEX Offering (IDO) on December 15.
The highly anticipated event is expected to herald the launch of NFTM tokens for the first time to the public.
NFTime IDO: A huge event for its ecosystem
NFTime revealed that the IDO will take place on its platform and will be dynamic with the price increasing daily during the IDO period. Participants will be able to purchase the NFTM token at the best available price and become one of the first holders of the token.
NFT is an ERC-20 token that allows holders to access innovative features and products within the NFTime ecosystem. In addition, it serves as a utility token, and holders can mint NFTs on NFTime at zero costs using the token.
NFTM is also the governance token of NFTime, and holders can vote on proposals and determine the future of the NFT metaverse. The more NFTM a holder has, the higher the voting power to influence decisions within the NFT platform.
The announcement of the IDO represents a significant milestone for NFTime, which has rapidly gained traction in the cryptocurrency space in recent weeks.
An innovative NFT metaverse
NFTime is a blockchain-based social media that aims to broaden the horizons of the NFT world by allowing communities to interact with each other. Users can interact with each other, connect with friends and build a community of followers while maintaining control of their data.
NFTime leverages the Ethereum blockchain to achieve its goals to create a decentralized and scalable platform. It also introduces the concept of NFTs to social media, where users can create NFT, trade NFTs, and sell NFTs for zero fees. The NFTime marketplace will also include sections where users can list their NFTs in their private accounts, and collectors can pay to own their digital art collections.
Metaverse is a concept that has grown popular in recent months with tech giants like Facebook rebranding into Meta. NFTime intends to introduce metaverse with its unique NFT gallery called Met-Gal. They also intend to partner with fashion brands to host events and shows on its platform. Users will be able to attend the show from the comfort of their homes using virtual reality devices and interact with other participants and brands.
Key cryptocurrency stakeholders back NFTime, and its team comprises individuals with experience in the finance and blockchain industry. The NFT platform was also one of the 2021 Dubai Expo Blockchain sponsors and has received positive publicity in recent months.
To learn more visit these links: Website | Twitter | Telegram.
Disclaimer
All the information contained on our website is published in good faith and for general information purposes only. Any action the reader takes upon the information found on our website is strictly at their own risk.
