iNFT Token

iNFT Token Token Live price data
The live price of iNFT Token Token today is 0.000776104864008001 USD. $inft It is down -5,13 from the last trading day! We update our USD to inft every 10 minutes!

iNFT Token Has a Market Cap of 388,052 USD and is down -5,13% in the last 24H!

What Is iNFT Token (inft)?
At present, there is a vacuum in the NFT ecosystem, namely, the appraisal field. In the traditional financial field, there are actually many appraisal institutions and organizations for various works of art or financial derivatives, such as the appraisal of jewelry, calligraphy and painting, etc. In fact, most of the time the appraisal link is indispensable in the auction and transaction. Therefore, although games are very popular in THE NFT ecosystem, many auctions and transactions of NFT works are not well received. Even in OpenSea, many goods photographed can not be sold at 50% discount price, which is due to this. Established in September 2020, iNFT has been dedicated to building a trading and service platform for NFT. Therefore, in order to solve the above problems, WE put forward DAM — decentralized price detector to supplement the vacuum field of NFT ecology and make NFT ecology more perfect.

1.DAM (Decentralized Appraisal Machine) isa pricing mechanism proposed by iNFT platform to realize NFT through smart contract +DAO, aiming to solve the pain point of asset liquidity in the primary and secondary markets of NFT. DAM is a decentralized price discriminator. At present, there are many NFT projects, but the market pain point is also very obvious, casting an IP picture is very difficult to sell, false prosperity phenomenon is obvious in the market, the core problem is the asset premium and user purchase intention is inconsistent. Because sellers only want to sell at a higher price, it is difficult to form a single consensus of buyers’ purchasing power. DAM’s initial pricing model was designed and completed by the iNFT Global team, mainly referring to the pricing business of sotheby’s auction and other professional institutions and the design of the paper “”An Efficient Price Mechanism for NFTs””. The technical team will continue to iterate and update the pricing algorithm, and the pricing nodes will update and upgrade the pricing model according to the voting rules written by DAO. 2. Distributed Autonomous Organization (DAO) The DAO is a fully automated organization that any person or group can join or leave at any time if it meets the requirements. The pricing machine system manages and operates node ecology through DAO, and implements rules and benefit distribution through smart contract management agency, which is transparent and fair. We believe that only by making DAM governance institution open and fair can the price range formed by it be reasonable 3. Appraisal Model DAM’s initial pricing model was designed and completed by the iNFT Global team, mainly referring to the pricing business of sotheby’s auction and other professional institutions and the design of the paper “”An Efficient Price Mechanism for NFTs””. The technical team will continue to iterate and update the pricing algorithm, and the pricing nodes will update and upgrade the pricing model according to the voting rules written by DAO.

What Is iNFT Token (inft) contract address??
The contract address for the iNFT Token is 0xd2ff8c018a22ff06f4be781090579d0490b9a69f and it can be found on bsc network.

How much iNFT Token is in circulation?
The circulating supply of $inft is 500000000 and it has a total supply of 500000000 tokens. The tokens are available on the BSC network.