Allium Finance’s NFT Hosting Platform Begins Protocol Work!
- Allium Team will soon launch its first-ever Ally NFT marketplace
- Ally NFT allows the user to create, store, and trade unique randomly generated digital artwork on the blockchain.
- The platform is ready to partner with Binance’s upcoming NFT marketplace.
- This partnership will help Ally users to create, store, and trade different NFT tokens hosted on its Ally NFT marketplace.
The Non-Fungible Tokens are the next big theory in the cryptocurrency industry at the moment. They are the next logical step right from collectors to stakeholders and businesses who are looking ahead in inimitable, intellectual properties.
NFT is an acronym for Non-Fungible Token. This concept uses blockchain technology to document digital ownership of an underlying crypto asset and holds a unique certificate of authenticity.
Similar to Defi tokens, and ICOs, the traders are going crazy for NFTs. However, there are many analysts that believe NFTs to have long-term viability despite of its short-term hype.
There are some market reports describing the NFT market that grew by 299% in the previous year as it clocked above $250 million as its total value of transactions. Moreover, this statistic includes every single sale/transaction like breeding, minting, and renting of NFTs.
With a huge momentum generated, they are expected to rise even more robustly in 2021, specifically while it enters the popular lexicon.
Allium’s Ally NFT
Ally NFT marketplace will timely and strategically position Allium Finance ALM as a rapidly rising leader in the field of blockchain technology. ALM has been making great strides in innovation highlighting its services and the way it presents.
The latest vertically integrated ALM ecosystem will be a true one-stop destination for anyone looking for exposure in the blockchain/crypto space. We believe Allium has a great future and there’s more news to come.
Indeed, the non-fungible tokens offer a number of promising use cases, specifically, experts assume it to be future of the creative economy. Though there is a learning curve while exploring the world of NFTs.
“The non-fungible tokens are an incredibly exciting concept in the book of blockchain technology evolution. This protocol can expand far beyond art and exploring its use cases will indeed evolve and become even more valuable with time,” says the CEO at Allium Finance.
The artists must decide if the benefits are worth the risk, as the NFT infrastructure community is continuously scouting the kinds in the non-fungible token market.
According to the Founder at Allium Finance, “We believe in building a community of moon token enthusiasts. After the Allium gains the momentum indicating a high number of addresses and volume trading on both decentralized as well as centralized exchanges, the community with time will develop platforms to encourage and grab more value to Allium.”
Allium Will Soon Introduce its NFT Marketplace!
Ally NFT will provide users a reliable platform to explore, and attain a detailed idea about the front-end knowledge and research markets. Our users can have their hands on variant blockchain technology applications with profitable protocols deployed on the official platform.
Our customers can easily access the ecosystem efficiently with respect to wallet security, flexible user interface, and a trustworthy platform. We are delighted to announce the beginning of our protocol work to develop the first-ever user NFT marketplace. This Allium’s NFT is represented as Ally.
Since our inception, our team has been working at the forefront of innovation and indeed empowered our clients with value-added offerings. This latest addition to the Allium portfolio will bring great success along the same lines.
It is said to truly transform the market in our expeditiously digitizing world. Not only it will grow interested in NFT but also it will ensure the safety of clients’ assets across the globe. As of now, the respective team is effortlessly working around certain nitty-gritty to launch NFT with more lucrative value for our customers.
Allium Finance ALM Tokenomics
Total Supply: 1,000,000,000,000,000 Allium
Token Symbol: Allium
Token Name: Allium Finance
Network: BSC (Binance Smart Chain)
Trade Opens: 4th May 2021–2 PM UTC
PancakeSwap Contract:
https://exchange.pancakeswap.finance/#/swap?outputCurrency=0x7ac8a920cf1f7e7cc4f698c9c5cbc1e26f604790
ALM Token Distribution:
Liquidity- 25%
Marketing- 5%
Burn Event- 50%
Milestone Burn- 17.5%
Team- 2.5%
About Allium Project
Allium Finance ALM is the parent company that operates on the BSC (Binance Smart Chain) protocol and runs on the Blockchain core 0.10.x codebase. Allium launched its community-driven decentralized open-source digital asset on 4th May 2021. Currently, it is considered under the name of Allium Finance (ALM).
Our main motive is to attain high liquidity pools with faster transaction volume. This will help facilitate the network for the profit of all the existing users. We are all focused on our way to achieving many resolutions, some of the features are still under development and will be deployed soon with time.
Bottom Line
Considering the current proliferation of non-fungible tokens and their marketplaces, one thing is surely clear that it has a disruptive potential to permit artists/creators to monetize their work and maintain new revenue streams far beyond imagination.
On the other hand, others view the NFT protocol craze as a bubble, where some traders purchase it as a speculative investment in hopes to flip the tokens at a relatively higher price to attain a quick profit.
However, examining the NFTs potential application and its underlying blockchain technology to a variant real-world transaction like real estate, retail, finance, art, and collectibles, etc, it seems that we are about to start exploring the possibilities of NFTs and future power potential.
With the rising interest and adoption of NFT, we expect to see its surge to pave the way to more fundamental value as time passes.
For any query and consultation, reach out to us at info@allium.finance,
