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Catgirl aims to rebrand NFT Marketplaces in the crypto space and blockchain technology

October 7, 2022
in NFT News
Reading Time: 3 mins read
A A
Catgirl aims to rebrand NFT Marketplaces in the crypto space and blockchain technology
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Partner Content

oi-Oneindia Staff

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Published: Friday, October 7, 2022, 17:59 [IST]

Google Oneindia News

Without
a
doubt,
Non-Fungible
Tokens
(NFTs)
will
continue
to
rise
in
the
coming
years,
seeing
how
the
market
has
grown
significantly
over
other
areas
of
the
blockchain
environment.
But
as
more
NFTs
reach
the
ecosystem,
it
can
be
confusing
and
overwhelming
even
for
seasoned
investors.
CATGIRL
aims
to
simplify
such
advancements
in
blockchain
technology
and
provide
token
holders
with
an
all-encompassing
platform.

CATGIRL
acknowledges
that
the
exchange
of
goods
and
services
has
truly
evolved
along
with
the
advancements
in
technology,
but
emphasizes
that
it
does
not
have
to
be
complex
at
all.
They
explained
that
for
centuries,
monopolized
corporations
have
acted
as
middlemen
for
transactions
and
currency
exchange,
leaving
the
people
with
small
dividends
in
return.
CATGIRL
is
a
platform
for
the
exchange
of
goods
and
services
in
blockchain
technology,
but
the
profit
will
not
fill
the
pockets
of
monopoly
holders.
Instead,
it
is
a
system
built
by
users
for
users.
Stakeholders
have
a
say
in
how
the
decentralized
market
works
and
changes
over
time.

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Catgirl aims to rebrand NFT Marketplaces in the crypto space and blockchain technology

CATGIRL
is
officially
the
first
fully
decentralized
community-owned
NFT
marketplace
on
the
BNB
ecosystem.
The
holder-owned
NFT
marketplace
allows
CATGIRL
token
holders
to
share
the
generated
revenue
from
the
platform’s
transaction
fees.
It
aims
to
return
the
power
back
to
holders,
fairly
reward
community
members,
and
create
an
inclusive
avenue
where
everyone
can
buy,
sell,
trade,
and
create
their
own
NFTs
on
multiple
blockchains.

“From
an
educated
and
strategically
analytical
outlook,
we
anticipate
global
adoption
of
NFTs
by
the
mainstream
population
–
including
those
who
currently
lack
knowledge
or
involvement
in
the
cryptocurrency
industry,”
shared
CATGIRL
“This
widespread
adaptation
provides
the
market
with
a
better
way
to
buy,
sell,
and
transfer
NFTs.”

Dedicated
to
communication
with
interested
parties,
the
team
has
created
accounts
on
social
media
platforms

Consequently,
the
BNB
ecosystem
also
witnessed
exponential
growth
over
the
past
year,
with
NFT
also
contributing
heavily
to
the
rise
of
the
platform.
Seeing
how
crowded
the
cryptocurrency
space
has
been
due
to
the
success
of
NFTs
and
the
Ethereum
blockchain,
CATGIRL
structured
its
system
to
serve
everyone
in
the
industry,
including
creators,
investors,
and
stakeholders.
The
platform
boasts
utility
for
every
user
who
needs
to
get
things
done
efficiently
in
Web
3.0.

CATGIRL
will
follow
OpenSea’s
Standards
in
BEP20
Blockchain
The
initial
NFT
marketplace
functionality
in
the
new
platform
will
include
NFT
listings
for
both
buying
and
auctioning,
buying
and
bidding
NFTs,
and
creating
a
collection
of
NFTs
under
a
single
contract.

“Our
proposed
enhanced
categorization
design
allows
for
the
expansion
of
the
NFT
space
itself.
Everything
from
music
to
social
justice
will
benefit.
Along
with
the
arts,
we
aim
to
bring
tokenized
utility
features
to
popularity,”
shared
one
of
CATGIRL’s
representatives.

Furthermore,
CATGIRL
tokenomics,
hand-crafted
by
industry
experts
which
allows
the
platform’s
market
cap
to
be
interpreted
easily
and
understandably.
While
the
token
supply
is
Higher
than
usual
compared
to
other
trading
platforms,
the
founders
believe
that
it
allows
more
trading
pairs
when
exchanges
take
place.
CATGIRL
token
is
an
implementation
of
standard
BEP20
token
with
its
Snapshot
class,
allowing
the
organization
to
take
snapshots
of
current
holders
of
the
tokens
at
any
given
moment.

CATGIRL
DAO
will
be
governed
by
a
smart
contract
where
the
shareholders
are
the
primary
decision
makers.
Shareholders
are
those
who
do
not
work
for
the
DAO
but
hold
any
number
of
CATGIRL
tokens
which
will
also
be
receiving
dividends
from
marketplace
fees.

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Story first published: Friday, October 7, 2022, 17:59 [IST]

Credit: Source link

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