NFTrade (NFTD) Project Analysis — CoinW Institute

NFTrade (NFTD) Analysis

1.Institute Short Comment

The biggest highlight of the NFTrade project is that it enables cross-chain trading of NFT, which enhances the liquidity of NFT and enables the interoperability of assets between the independent NFT platforms of each public chain. The project members are mainly from Israel and have rich experience in both internet and crypto fields. The project is also the online market of choice for some popular NFT and GAMEFI projects (such as the previous Wolf Sheep project), and its acquisition by Coinan gives it better resources and backing, which greatly increases its chances of breaking out.

2.Recent outbreak points

Binance announces strategic acquisition of project; ape boom leads to nft market rebound

3.Project Introduction

NFTrade is an NFT platform that enables cross-chain transactions. It is an aggregator for all NFT markets and hosts the complete NFT lifecycle, allowing anyone to seamlessly create, buy, sell, exchange, grow and leverage NFT across different blockchains. using NFTrade, anyone can access their entire NFT, unlocking the total value of the NFT market.On 3/16/2022, BNB Chain Fund announced a strategic acquisition of NFTrade’s utility and governance token $NFTD to support its continued growth in the BNB Chain ecosystem. The two parties will collaborate on the transaction process to introduce NFTrade to additional BNB Chain projects.

4.Token role

Used for NFTrade eco-governance; provide holders with discounts on platform fees.

5.Token allocation

Total volume: 135 million

Seed round: 29.75%

Team: 19.5%

nft market casting: 18%

Liquidity incentives: 14%

Marketplace: 8%

Advisors: 7.25%

6.Investment

Binance, ZOKYO, PAID, TSUKIY GROUP, LAUGH X, PolkaFoundar, Charged Particles, DAOmaker, etc.

7.Project Outlook

NFTrade project’s unique cross-chain trading and aggregation system makes it have the opportunity to become the Taobao and Jingdong of the NFT world. All NFT products on mainstream chains can be withdrawn and traded on one platform, which greatly increases the circulation of NFT. At the same time, after the project is acquired by Coinan, it is expected to get the technical and traffic support of the current world’s №1 trading platform, and the number of users and the number of NFTs on line are likely to increase greatly and have their own place in the current NFT market with huge potential.

Basic Information

Project Description

Token name: NFTD

Project website: https://nftrade.com/

Block Query.

https://bscscan.com/token/0xac83271abb4ec95386f08ad2b904a46c61777cef

Project Details.

NFTrade is a cross-chain and blockchain NFT platform. It is an aggregator of all NFT markets and hosts the complete NFT lifecycle, allowing anyone to seamlessly create, buy, sell, exchange, farm and leverage NFT across different blockchains. using NFTrade, anyone can access the full content of their NFT, unlocking the total value of the NFT market.

Join the CoinW Institute and decrypt the crypto world with no threshold for quality projects!

Btok : https://ss.transgot.cn/CoinW_Research

TG : https://t.me/CoinW_Research

CoinW Institute