NFTs - What are They, and How Can You Get Into this Space?

Innovative ways of utilizing NFTs are now coming to market- one of the ways for the community to benefit from buying NFTs is being offered by the Kingswap Project, which is issuing 3 NFT tiers - their King Vamp, Queen Sparkle, and Knight Lancelot NFT
By: KingSwap
 
SINGAPORE - Oct. 5, 2020 - PRLog -- NFTs are distinct from Fungible Tokens, which are tokens that are indistinguishable from each other - meaning that if you exchange a bar of gold with another, or a dollar bill for another, or a bag of sugar for another bag of sugar of the same weight and quality, these are Fungible and easily replaced and unidentifiable from each other. Fungible Tokens are also divisible but NFTs are not.

How are NFTs Differentiated?

NFTs usually do not grant the token holder any entitlements against the issuer, as a typical case is a unique Baseball card or Pokemon or Magic the Gathering Trading Card - buyers and holders simply purchase NFTs as collectibles, and buying these cards does not give them any right against the manufacturers of the collectibles.

Innovative ways of utilizing NFTs are now coming to market - one of the ways for the community to benefit from buying NFTs is being offered by the Kingswap Project, which is issuing 3 NFT tiers - their King Vamp, Queen Sparkle, and Knight Lancelot NFTs.

Buyers of these 3 types of NFTs of the Kingswap project can enjoy loyalty rewards from the $KING tokens being issued by the Kingswap project. This allows the purchasers to enjoy similar benefits to the early users of the very popular Uniswap project, which gave an airdrop of 400 UNI tokens to all their users from before 1 September 2020, which was a huge bonus payout to their early supporters (approximately USD 1200 worth of rewards for free at the initial issue price of USD 2,90 per UNI token when distributed).

Buyers of the Kingswap project's King Vamp NFTs would enjoy the top tier (60% of allocations) of rewards issued by the Kingswap project, for both their $KING tokens, as well as any future projects that wish to provide marketing campaign airdrops to promote their new projects launching on the Kingswap Decentralized Exchange.Queen Sparkle NFT buyers would enjoy mid-tier rewards (30%) from such airdrops, and Knight Lancelot NFT buyers would enjoy basic tier rewards (10% of allocations) from such airdrops.

JOIN US!

• KingSwap Website: Kingswap.io
• Discord: https://discord.gg/fD2DrJY
• Telegram group: https://t.me/kingswap
• Twitter: https://twitter.com/defi_kingswap
• GitHub: https://github.com/KingLuigy/KingSwap
• Facebook: https://www.facebook.com/King-Swap-112444093946760
• Linkedin: https://www.linkedin.com/company/kingswap

Contact
KingSwap
Amanda Tan
***@kingswap.io
End
Source:KingSwap
Email:***@kingswap.io
Tags:#Decentralised
Industry:Financial
Location:Singapore - Singapore - Singapore
Subject:Features
Account Email Address Verified     Account Phone Number Verified     Disclaimer     Report Abuse
Technicorum Holdings PRs
Trending News
Most Viewed
Top Daily News



Like PRLog?
9K2K1K
Click to Share