Nitro Network Partners Up With NFTrade
As the weeks go by, many thrilling developments are taking place for Nitro Network — the most recent being the official launch of the Nitro Network NFM marketplace. As many of you may know, the native NFM marketplace is home to Nitro Network’s Nitro Bot Non-Fungible Miners and ultimately your gateway to earning massive rewards!
What Is NFTrade?
NFTrade is a decentralized platform that unifies all blockchains and NFTs into one easy-to-navigate ecosystem. Let’s take a closer look at all the unique features NFTrade offers:
- NFT launchpad: This allows for all users to easily create a fully decentralized NFT collection without the common hassles that exist today such as creating smart contracts. This is achieved by NFTrade’s drag and drop functionalities.
- Trade: NFTrade allows for users to seamlessly buy and sell NFTs from various blockchains. The best part is that there are currently no transaction fees!
- Swap: Within NFTrade’s secure escrow environment, users are able to easily swap NFTs with other users that have NFTs on the same blockchain. On top of that, a “blue check” verification badge similar to those used on Twitter is applied to select projects to ensure authenticity.
- Farm: This feature enables users to stake their desired tokens across multiple projects and in return earn rewards in the form of NFTs!
As you can see, NFTrade offers a plethora of features that embodies the ideology of a one stop shop NFT platform.
The Value Of NFMs On NFTrade
As mentioned in our earlier NFM medium post, Nitro Bot NFMs are divided into three tiers, tiers 1, 2 & 3, each including their own reward structure and NFT rarity level.
With Nitro Network’s robust ecosystem, rewards are granted to NFM holders every 30 minutes — this rewards structure will also carry over to NFTrade. Each 30-minute window is called an “EPOCH.” Below are the rewards each tier receives every EPOCH:
Tier 1: 95.69* $NCASH
Tier 2: 80.00* $NCASH
Tier 3: 24.18* $NCASH
On top of earning massive rewards every 30 minutes and being able to utilize NFTrade’s dynamic ecosystem, Nitro Bot NFMs look spectacular (if we do say so ourselves). Take a look at tiers 1, 2 & 3 below:
Alongside earning rewards from mining, Nitro Bot NFMs also hold their value in parallel as a unique NFT — it’s a win-win situation.
Providing Utility Within Nitro Network
As Nitro Network scales and develops, so will NFMs and ultimately $NCash. With this being said, utility and most importantly liquidity must develop in parallel. Through Nitro Network’s various partnerships, seamless functions such as staking $NCash, trading NFMs & farming NFMs are available to all community members.
In the last 30 days, NFTrade has achieved a trade volume of 15 million USD — this is an 80% increase! What this signals is that through this partnership, Nitro Network, $NCash, and you, the community, will greatly benefit from a rapidly growing platform which is being widely adopted by those who truly believe in the NFT revolution.
Don’t Miss Out
BIG things are coming, so to ensure you don’t miss out on this opportunity and most importantly the rewards, secure your Nitro Bot NFM today! Moreover, make sure to follow NFTrade on their social platforms to stay up to date with the latest advancements. Strap up, we’re about to go Nitro!
*Rewards per EPOCH is subject to change as Nitro cannot guarantee a specific number of earnings. These numbers are an average that is reflected on our Tier system with a network size of 20K miners.
About Nitro Network
Nitro Network is building a world of private communication networks powered by IoT together with LoRaWAN/3G/4G and 5G. This hyperconnected world is the IoT alternative to cellular networks unlocking a $3 trillion market opportunity. We believe our decentralized private telecom networks is a gamechanger built on a blockchain with our proprietary token NCash at the core that drives utility and value from unlimited use cases. We are creating an inclusive ecosystem incentivizing users to own, operate and earn from the private networks of the future.
Disclaimer: This is not investment advice. Please do your own research before investing in any avenue. The information contained in this post is for informational purposes only. You should take independent advice from a professional or independently research and verify any information that you find in this post and wish to rely on, for the purpose of making any decision. Through this post, you may be able to link to other websites which are not under the control of Nitro Network. We have no control over the nature, content, and activity on those sites. The inclusion of any links does not imply a recommendation or endorsement of the other website, its products, or views.