How Ginza Finds Market Potential Amid the NFT Boom
Ginza Network NFT Launchpad is an NFT project launchpad, which aims to help NFT blockchain projects raise funds. Ginza Network NFT Launchpad will help more NFT blockchain projects with a full range of consulting services, by leveraging the resource advantages of Coinan Smartchain in the blockchain space and help them increase their influence in the cryptocurrency ecosystem in the NFT field.
There are many similarities between the NFT of 2021 and the 1CO of 2017 and the cottage coin of 2013.
NFT in 2021 has the following characteristics: easy creation of new games without barriers, easy to understand and explain, brings a lot of new people into cryptocurrency, high prices and high Gas fees cause hype/FOMO, most do not hold value.
In his study of the NFT market, Ginza found that the best way to find value in NFT is to combine DeFi plays to give NFT sufficient liquidity to generate deeper value. The best way to find value in NFT is to combine DeFi plays to give NFT sufficient liquidity to generate deeper value.
NFT Industry Status
NFT really came to the public’s attention with CryptoKitties in 2017. On this virtual pet raising game based on the ethereum public chain, users can buy, breed and sell virtual pet cats after opening their ethereum wallets. News of a virtual cat selling for over $100,000 is common.
The infrastructure of NFT is various public chains, such as Ether (ETH), Flow and WAX. ETH is still the most dominant public chain with a more mature and robust ecosystem. Flow public chain is the new public chain launched by DapperLab, the parent company of CryptoKitties, at the time of ETH congestion, and carries the hottest NBA Top Shot. The main distribution platforms of NFT are Opensea and Rarible, the universal distribution and trading platform, Nifty Gateway, makersplace and Async. NFT’s main distribution platforms include universal distribution and trading platform Opensea, Rarible, art trading platform Nifty Gateway, makersplace, Async Art, etc.
Grab the exclusive NFT
When NFT goes on sale, users can go online and use Ginza to grab NFT. The Ginza spent on each grab will be destroyed, which helps Ginza deflation and facilitates price increase.
Holders of NFT can regularly receive the official airdrop Ginza, which can be understood as holding NFT to get the official Ginza token reward for free. Encourage users to hold NFT.
Ginza tokens will be used for NFT minting, mortgage, auction and trading, etc. Users can destroy Ginza for generating NFT, unlike the NFTs that need to be purchased, the NFTs that need to be purchased are rare, limited in number and difficult to purchase, and have absolute appreciation space, the NFTs that can be minted with Ginza tokens have moderate issuance, have certain scarcity, and also have The NFT minted with Ginza tokens are moderate in mintage, have certain scarcity and also have relative appreciation.
For some investors who want to hold NFT for the long term but do not want to miss out on short-term investment opportunities, they can also borrow against the NFT they have purchased as collateral and lend Ginza or USDT at prime lending rates for short-term investments. If the value of NFT continues to soar, NFT holders can continue to lend more liquidity for investment without increasing their investment, and at the same time, they do not have to worry about missing out on the profit margin of the rising NFT price.
Ginza Economic Model
The total supply of Ginza is 660 million, Ginza is the original token of the project, the total amount is 660 million, and the tokens are allocated as follows：
15% Used in private placements
65% Liquidity Mining Pool
9% Business Development Capital Pool
5.2% Team Prep Pool
5.8% Market making of Ginza tokens
Ginza’s future plans
Ginza’s project will continue to evolve, NFT and blockchain are brand new to Ginza, and Ginza will gradually mature the project ecosystem as it progresses, as outlined in the project roadmap below.
Turn on GENE replacement
Released Whitepaper V1 version
Provide cross-chain trading services
On-line pop-up mining function
Support ETH, BSC cross-chain exchange
Issuing NFT and opening NFT trading market
Initial version of Ginza Network Swap released
Start DAO Version 1
Complete Layer2 version development and deployment
Release V2 version, support instant quote, pending order trading
Release of Crosschain 2.0 and launch of well-known exchanges
A new era of NFT has opened
Ginza Network is an NFT issuance platform supported by (Gene International IT & AI Limited) and built on BSC (Binance Smart Chain). In Ginza Network, users can deploy and issue NFTs with one click without any code. Ginza Network also joined the current innovative DeFi concept in the blockchain. Users can experience liquid mining, staking and other functions in the Ginza Network project. For the NFT+DeFi gameplay, the team will develop functions such as NFT mortgage lending and NFT casting decomposition to improve the liquidity of NFT within the ecosystem.
Ginza Network will adopt the Layer 2 solution. Through cross-chain technology, it will connect multiple blockchains such as Ethereum and Polkadot in the future. Ginza Network will enable blockchain projects to acquire users and develop more diversified NFT applications.
Photo by Arul Kumaran on Unsplash
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