A Deep Dive into The KokoSwap NFT Platform
27 Septiembre 2021 - 07:33AM
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The last two years have been a plus for the cryptocurrency
community as more individuals have become aware of its reliability
and sustenance. However, since the turn of the year, some
relatively new concepts within the crypto space seem to have
emerged and dominated the scene with their lucrative features. The
NFT Explosion Non-fungible tokens (NFTs) and decentralized finance
(DeFi) are two of the hottest topics in the crypto world right now.
These concepts have already gotten a lot of attention, and a lot of
projects have started to link their names to them. For instance,
DeFi’s total value has more than doubled since the year began. From
$15 billion in January, it grew over five times, and as of May
2021, it was valued at $77 billion. On the other hand, the NFT
space has experienced mind-blowing growth, speculating around 25x
in trading volume. NFTs’ explosive increase can be primarily traced
to their ability to combine real-world assets into blockchain in
addition to their creative and innovative approach. The more people
find NFT familiar and relatable –the more crypto becomes widely
accepted. KokoSwap has been one of the pioneers of the NFT space
and is creating a name for itself with its multiple projects that
bring users closer to understanding and enjoying NFTs. Kokoswap, an
automated market maker, combines the magic of decentralized finance
with the fun and excitement of NFT gaming. The Kokoswap trading and
gaming platform has the potential to change the way people trade
and play NFT games. Check this out to understand the Kokoswap
features better. KokoAvatar, the prominent NFT Feature The platform
gives users a system where they can trade, earn, invest and play.
This article focuses on the NFT feature of Kokoswap, KokoAvatar.
KokoAvatar is the NFT platform of KokoSwap where users can both
sell and mint their NFTs. The platform is an invite-only celebrity
NFT platform that houses Rashed Belhasa’s exclusive NFT. To make
the market more exciting and exclusive, only people with
invitations can go in to trade NFTs, making it a more pleasurable
experience. In addition, the platform uses a one-of-a-kind
identification system and features an open wallet where users can
display their digital assets and NFT accomplishments. The game is
gratifying for players as they can control what they craft warm or
buy since there are NFTs for in-game assets. The KokoSwap NFT
platform reflects their desire to capitalize on the attention DeFi
and NFTs have received this year. In the future, projects that do
not include these features in their ecosystem will be left in the
dust by those who offer their users both financial and recreational
benefits. KokoSwap continues to provide its community members with
ownership privileges and robust and transparent governance making
accountability a big part of their game. With the steady rise of
NFTs, it is only safe to envisage groundbreaking growth for the
KokoSwap community. Click here to understand more about the
platform. About KokoSwap KokoSwap is a unique decentralized
platform that combines NFT trades with blockchain gaming to offer a
seamless and fun experience to the users. KokoSwap is powered by
the $KOKO token that further empowers the ecosystem of products
such as KokoAvatar (an invite-only NFT platform), KokoStake (a
staking platform) and NFT Gaming. To learn more about
KokoSwap, visit https://kokoswap.org/
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