Bringing non-fungible tokens and decentralized finance to the masses.
The Monnfts Token (MON)
Monnfts is a programming and development project built upon web 3 software on the blockchain platform, the project operates in the fields of NFTs, Affiliate Marketing and AMM Dex. Which are explained as thus:
- NFT (Non-fungible token) is a currency which is unique and cannot be replaced by other tokens. The realm of NFTs is currently growing and expanding rapidly, a lot of businesses have been putting resources towards its development.
- Affiliate Marketing (Affiliate Networks) operates on the CPA (cost per action) model, which is charged for each customer action (buying, downloading software, completing a form).
- AMM DEX (Automated Market Maker, Decentralized Exchange) is a trading method that uses an algorithm to calculate the token price at the time of purchase on decentralized exchanges.
The highlight of Monnfts is it’s role as an all-in-one suite for NFT, Marketing and DeFi. Monnfts has a ton of features, including:
- NFT Marketplace: A marketplace for artist’s NFT products.
- CryptoPop: 5000 unique collectible characters stored on the Binance Smart Chain (BSC) with certified proof of ownership. They’re fun, small, 24×24 pixel art characters that are algorithmically generated and tokenized.
- M2C: Affiliate network which operates under the CPA and CPO models.
- Trade: Provide exchange-trading features and Liquidity—similar to Uniswap.
- Earning: Provide liquidity to AMM DEX for receiving your rewards.
- Launchpad: This is a feature of launching tokens similar to Launchpad in the Binance ecosystem.
MON coin is a cryptocurrency inspired by Bakeryswap. Likewise, MON coin works similarly to Bake in that it operates at low cost and fast speeds. MON coin is stored on the Binance smart system chain, which brings its many benefits to the community. Because of it’s architecture, MON coin can achieve higher transaction speeds while keeping costs down.
Currently, the MON token is understood as the original BEP-20 governance under the BSC platform. Accordingly, the MON coin will take on the main roles:
- Used for the purchase of NFT tokens.
- Used to purchase CryptoPOP.
- Used to provide the liquidity to MONSwap.
- Received as rewards for staking, farming, and gaming.
- Interact with other platforms such as M2C or Launchpad.