The blockchain network has evolved over time, allowing us to come up with new ways to use the technology. The term “NFT” was coined.
Non-fungible tokens are used to buy digital art, music, and other items and contain private transaction information. The owner is the owner of the original work. Despite the fact that you may just download the art associated with the NFT, the process gives you something else: ownership. On websites like OpenSea and Rarible, NFTs can be bought and sold.
NFTs, on the other hand, were restricted to digital products, including music, art, and other forms of expression. EcoFi is a potential answer to this issue.
EcoFi is building a network that will use blockchain technology to facilitate the purchase of actual and genuine art. The concept has gotten a lot of favorable comments from the crypto community, as well as support from a lot of crypto influencers and enthusiasts.
What’s more amazing is that they’re showcasing work by some of the most creative painters we’ve ever seen. Artists such as Vincent Van Gogh, Pablo Picasso, and Andy Warhol have worked on the EcoFi network.
What is the Platform’s Function?
To get started, you’ll need to connect your ERC wallet to UniSwap and swap Eth for EcoFi.
HYPEROBJECT is where you can buy and sell their NFTs. It is an NFT gallery space that was established in the year 2020. SPRT token is required to buy and sell NFT. Staking your EcoFi is one way to accomplish this.
The Coin’s Background
The distribution is as follows, according to official sources:
- 10% of the team
- 10% of platform development
- 10% of private equity investment
- 60% of community offerings and liquidity
- 5% of marketing
- 5% of overhead and support
At the time of writing, EcoFi is being traded at the price of almost $1.55. The price has increased by almost 2.20% in the past 24 hours. The volume has increased by almost 40.86% in the past 24 hours.