Fellow RightBTC Traders:
RightBTC, the world's first NFT trading platform, will officially launch the NFT marketplace on 2020.10.19 , providing users with a one-stop service to explore, buy and sell limited-edition NFT merchandise.To this end, RightBTC has invited famous collectors and artists in the NFT field to provide collectible NFT merchandise for display on RightBTC, where users can enjoy and trade these collections.
1.What is the RightBTC NFT market?
RightBTC is the world's first NFT art trading platform, allowing users to buy, sell, discover and trade limited-edition NFT merchandise directly on RightBTC in a one-stop shop without having to operate a complicated decentralized wallet.
2.What is NFT?
NFT (Non-Fungible Token) is a non-homogeneous token that is not interchangeable. Common tokens (such as BTC, ETH, etc.) are all homogeneous, and there is no difference between each BTC, so they can be exchanged and split. But each NFT has a unique and unique identification, two are not interchangeable, the smallest unit is 1 and can not be divided. Take CryptoKitties as an example, each cat corresponds to an NFT in the chain, with unique ID and genes, each cat is unique, no two cryptocats are exactly the same.
3.Features of NFTs
1.The uniqueness of NFT
NFT is a non-interchangeable asset with unique properties, no two NFTs are the same, each NFT is personalized.
2.Asset certainty - full control of assets and the right to dispose of them
NFTs are stored in the user's blockchain account address via encryption and ownership is fully vested in the user. For example, in a game, the user truly owns the in-game asset (True Ownership) and can be trusted to circulate with the help of a smart contract; whether it is a plot of land, an apostle, or a cat, it can be treated as an asset, stored on the blockchain in the form of ERC-721, etc., and associated with the user's own address. As long as the user still retains the private key to the address where the asset is located, he or she has the right to own and dispose of the asset. The ownership of the asset can be viewed by everyone and is open and transparent.
4.Application Scenarios of NFT
Potential application scenarios for NFT include games, collectibles, tickets, passports, real estate documents, and more.
Link to the NFT area: https://www.btcright.pro/nft
Thank you for choosing RightBTC.
October 19, 2020
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