APENFT update: NFT Live price, price chart, news and markets

The NFT price update as of now is $0.0000004208. In the previous 24 hours, its trading volume was $31,847,968, and its value has decreased by -1.03%. As of now, NFT's live market cap is $420,837,748, and it is ranked as the #147 on the Coincu. NFT has a circulating supply of 999,990,000,000,000 and a maximum supply of 999,990,000,000,000.

Introduction to APENFT (NFT)

APENFT (NFT) is a project that utilizes blockchain technology to register the world's top artworks as NFT assets. Built on the TRON platform and established by BitTorrent, APENFT aims to make art accessible to everyone by NFTizing the works of renowned artists.

Similar to other blockchains, APENFT democratizes art by expanding its financial aspects and broadening its audience. By leveraging Ethereum and TRON technologies, along with the Bittorrent File System (BTFS), APENFT enables the registration of high-quality artworks as NFTs on the blockchain.

Key Features of APENFT Project

Advanced Technology for Art Registration

APENFT makes use of Ethereum and TRON blockchains, as well as the Bittorrent File System (BTFS), to register artworks as NFTs. These technologies ensure the high quality and secure storage of the artwork's ownership rights.

The NFT artworks are based on ERC-721 or TRC-721 standard tokens and stored in smart contracts as ERC201/TRC20. The BTFS system permanently records ownership rights and artwork information.

Extensive Collaborations

APENFT has formed partnerships with renowned entities like Christie's, Sotheby's, Nifty Gateway, and Beeple. These collaborations provide a strong platform for APENFT to increase its market influence.

Notable Functions of APENFT

NFT Transformation of Art and Artists

APENFT utilizes blockchain technology to breathe new life into traditional artworks and artists.

Redefining the Valuation of Art Publications

APENFT introduces innovative perspectives and valuation methods for classical artworks, ensuring a fair and transparent valuation process. This approach also enhances the value of ancient works.

Nurturing NFT Talents

APENFT prioritizes the nurturing and development of NFT artists. The project allocates significant resources to discover and train NFT artists, guiding them on a comprehensive development path.

Supporting Artists and Organizations

As a blockchain project focused on NFT, APENFT not only registers artworks as NFTs but also provides support to artists and related organizations.

Research on NFT and Inter-NFT Policies

APENFT conducts research and reports on NFT-related policies by recruiting experts in the field. This demonstrates APENFT's commitment to bridging the gap between art and the crypto community.

Roadmap of APENFT

The APENFT project will progress through four main stages:

• Phase 1: Establishing the infrastructure of the NFT ecosystem.
• Phase 2: Expanding the reach of NFT to more users.
• Phase 3: Promoting and diversifying the business activities of APENFT.
• Phase 4: Ensuring authority and validation of the digital world through key security mechanisms.

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