The live price of APENFT is - per (NFT / USD) with a current market cap of $440.82M USD. 24-hour trading volume is - USD. NFT to USD price is updated in real-time. APENFT is -% in the last 24 hours with a circulating supply of 999,990.00B.
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APENFT is a TRON-based platform dedicated to enabling world-class artists to freely trade their artwork as non-fungible tokens (NFTs). With just a few clicks, the project invests in top NFT platforms and artworks, incubates leading artists, organizes exhibitions, and supports the development of the NFT art ecosystem. NFT is the native governance token of the APENFT platform.
APENFT’s initial collection includes works by some of the world's most renowned artists such as Pablo Picasso, Andy Warhol, Beeple, and Pak. APENFT also announced the establishment of a $100 million NFT gaming fund to invest in high-quality NFT games, GameFi, and metaverse projects, with the fund guaranteed by SlowMist.
Another revenue stream for APENFT is consulting. The project plans to recruit professionals to guide government agencies, lawyers, and industry leaders in developing policies that influence the growth of the nonprofit NFT sector.
NFT is the native cryptocurrency of APENFT, allowing holders to vote on the handling of NFT artworks within the APENFT DAO and participate in APENFT activities. Additionally, by participating in APENFT governance, liquidity airdrops, and crypto mining across supported ecosystems such as justswap.org, justlend.org, and sun.io, users can earn NFT rewards as well as tokens like BTC, ETH, DOGE, TRX, BTT, and more.
NFT is a TRON-based token with a total planned supply of 999.99 billion tokens.
3% of the tokens are allocated to partner artists, while 38% are designated for DeFi airdrops, mining pools, and the NFT team. Of the remaining supply, 20% will be used for non-productive acquisitions, 10% for partners, and 2% for the initial exchange listing.
The price of NFT depends on the APENFT platform’s user base and the token’s utility within its native ecosystem and the broader crypto market. APENFT aims to promote the creation and entertainment of top-tier artworks and establish franchises and customized NFT works with top celebrities. The demand for these unique NFTs will ultimately influence the price movement of the NFT token.
APENFT was launched in Singapore on March 29, 2021.
Steve Z. Liu, the chairman of APENFT, has over 20 years of experience working at major financial institutions such as Fidelity International, Salomon Smith Barney, Nomura International, and Ant Financial Group.
APENFT has established partnerships with major global auction houses such as Christie’s, Sotheby’s, and Nifty Gateway; renowned artists like Beeple; and leading art logistics firms like Helu-Trans Group. Additionally, APENFT has formed strategic collaborations with Tron Cool Cats and FansForever.
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