What is NFTrade (NFTD)?
NFTD is the native token of NFTrade, which is a platform that enables cross-chain trading of non-fungible tokens (NFTs). In addition to aggregating all NFT ecosystems, the NFTrade platform also aims to host the entire NFT lifecycle. This means that NFTs can be created, changed, swapped, farmed, and leveraged across multiple blockchains using NFTrade.
If you are interested in the current NFTD price, consider looking at the NFTrade price chart above.
The trading of NFTs is employed through the use of a peer-to-peer swapping method introduced by NFTrade. This method allows users to transact directly with one another in peer-to-peer swaps without the need for any oversight or verification from a third party. The escrowed P2P swaps market expands the market's potential and makes it more open to all potential participants.
Besides, the NFTrade crypto project also provides a launchpad for NFTs. The launchpad feature makes it possible for businesses to get financing and for investors to support promising projects in their early stages.
Use Cases of NFTD Tokens
As NFTrade's native token, the NFTD token serves both governance and utility functions. The following are the main use cases of NFTrade tokens:
- Governance rights. NFTD holders have the right to vote on various decisions.
- Discounts on transaction fees. By covering network fees with NFTD coins, users are eligible for discounts.
- Unique NFTs. Holders who stake NFTD are eligible for receiving NFTs as rewards.
- Exclusive deals. Early access to exclusive launches and NFT airdrops.
Make sure to check the NFTrade price chart if you plan to buy NFTD coins. The chart will help you to make a thorough NFTD price analysis.
