SocialNFT MarketplaceSNFT
$0.000689
Market/Exchange
SNFT Price Prediction and Price Movement
SNFT has been down 0 percent over the last three months, and with its small market capitalization, it is very likely that such price movement may continue. However three months is still considered early in the crypto world and it is also likely that SNFT's price may bounce back if it has a solid team and has delivered what they promised on their white papers. Therefore traders should be careful and should research thoroughly and see if SNFT is backed by a solid development team and whether SNFT's technology has any potential to grow.
Please note that this analysis is purely base on SNFT's historic price actions and is by no means financial advice. Traders should always do their own research and be extra careful while investing in cryptocurrencies.
SocialNFT Marketplace Price Chart
About SocialNFT Marketplace
SOCIAL NFT is a BNB based NFT (non-fungible token) platform for social media personalities who want to create digital collectibles of their likeness. Secured with blockchain technology. SOCIAL NFT uses Binance Smart chain (BSC) bep 721 protocol.
SNFT is the non-fubgible token that is used for:
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Fees for processing transactions and storing data.
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Running validator nodes on the network via staking SNFT tokens.
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Used to create digital collectibles for for anyone who has an interest in digital collectibles.
SNFT tools include:
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SNFT SDKs which includes standard data structures and testing tools for Rust and Assembly Script.
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Github for SNFT to create a zero time onboarding experience for developers.
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SNFT Marketplace website that lets website developers create streamlined user experiences.
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SNFT Explorer to aid with both debugging of contracts and the understanding of network performance.
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SNFT Command Line Tools to allow developers to deploy applications from local environments.
How Many SNFT Coins Are There in Circulation?
SNFT Protocol was launched n June 23, 2021 with 964,288,953 SNFT tokens created and supplied in total. Over 10% of additional supply is issued each month to support the network as epoch rewards, of which 90% goes to validators (4.5% total) and 10% to the protocol treasury (0.5% total). 30% of transaction fees are paid out as rebates to contracts which interact with a transaction, while the remaining 70% are burned.
Who Are the Founders of SNFT Marketplace?
SNFT Protocol is the brainchild of developers Sonia Rayat and DK Hassan, both of whom have extensive experience in programming and crypto development.
The two met while Sonia worked at North America, and in September 2020 began work on a project which focused on allowing developers to build and release NFT's with less friction.
This project became what is now the SNFT Marketplace, and employs more than 20 staffs, including developers with experience at Google and MemSQL.
According to SNFT Marketplace's official website, The developers and Employees of SNFT hold prizes and nominations from competitions in coding and related fields.
Sonia Herself worked with both companies in North America and all over the world, while DK Hassan contributed to end-to-end open source machine learning platform TensorFlow and Google Search.
Where Can I Buy SNFT Tokens (SNFT)?
SNFT is available for trading on only Pancakeswap for now but with time it wilk be listed on many more exchanges so that customers and token holders can handle too. But note that..... Only those who have Social Media accounts can apply to become a NFT creator on the platform. Once approved, the seller can create, mint and issue NFTs. SOCIAL helps you create without the need of any programming knowledge. Sell your story, sell your images, your gif or video. With our Royalty program, you receive a percentage of the sales whenever your item is bought and sold on the marketplace.. Thank you