nftcircle logo download PNG or SVG

Information about nftcircle

NFTCircle is a platform that aims to revolutionize the world of Non-Fungible Tokens (NFTs) by incorporating Augmented Reality (AR) technology and visual art. The platform utilizes its inhouse blockchain development Tradetrust, which is highly recognized for its secure document handling by the Singapore government. By partnering with Artmyn and veriTAG, NFTCircle is able to transform physical art pieces into NFTs that can be securely stored in insured warehouses and traded globally. Additionally, NFTCircle is collaborating with Toppan to develop an AR characters platform called Tabitori, which will have access to Japan's intellectual property and market.

The NFTCircle token, known as NFTC, is based on the NRC20 Token issued by the NULS main network. It can be freely circulated across multiple chains in the NULS multi-chain network. NFTC serves as the governance points certificate for the nftcircle.io platform. To increase the scarcity of the token, the platform will use 40% of the commission generated to repurchase NFTs, which will then be destroyed.

The distribution of NFTC tokens is as follows: 15% is allocated for development and maintenance, with a lock-in period of 2 years after the platform goes live; 30% is for operational development, also locked for 2 years after the platform's launch; 20% is for liquidity mining, with a lock-in period of 3 years and a release schedule of 1 billion, followed by 600 million and finally 400 million tokens; 10% is set aside for transaction mining, where buyers are rewarded based on the transaction amount; 20% is allocated for institutional investment, with a one-year lock-in period after the platform is live; and finally, 5% is reserved for market airdrops.

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