What is Nft Art Finance

Article Summary, Automatically Generated By AI

Summary of NFT Art Finance

  • NFTART is a deflationary utility token on Binance Smart Chain (BSC) powering the NFT ecosystem.
  • Tokenomics: 5% of transactions are redistributed to holders, 5% are burnt.
  • Launched in March 2021 with no pre-sale, smart contract ownership renounced, and externally audited codes.
  • Enter.art and Enter.audio are the first platforms using NFTART as the utility token.
  • Features on Enter platforms: free and easy access, low BSC transactional fees, up to 20% royalties on resales.
  • Capabilities: easy minting, built-in royalty splitting, minting up to 20,000

About NFT Art Finance: Where Creativity Meets Innovation

NFTART is a deflationary utility token on Binance Smart Chain, empowering the NFT ecosystem. The token’s innovative economics reward holders with a passive income stream, wherein 5% of each transaction is redistributed and an additional 5% is permanently removed from circulation, thereby reducing the token’s supply and increasing its scarcity.

NFTART debuted discreetly in late March 2021, eschewing the conventional pre-sale route. Notably, the ownership of the token’s smart contract has been relinquished, and all code has undergone rigorous external auditing to ensure the utmost safety and security for investors.

Enter.art and Enter.audio are pioneering platforms that harness the power of NFTART as their utility token, with ambitious plans unfolding on the horizon.

On the Enter platforms, you’ll discover a seamless and cost-effective experience tailored to the needs of NFT artists. The only fees to consider are the minimal BSC transactional fees, which are significantly lower compared to other networks. Moreover, you have the flexibility to set royalties of up to 20% on all future resales of your art, ensuring that your wallet holdings appreciate in value alongside the growing worth of your creations.

Experience seamless access to minting, featuring built-in royalty splitting, and the capability to mint an impressive 20,000 NFTs in a single batch, solidifying its position as a premier destination for visual NFT art on Binance Smart Chain.

The ecosystem is being developed by Enter, a Norwegian crypto and tech company with a transparent team.

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