APENFT (NFT) is a decentralized digital asset and governance token for the APENFT ecosystem. It aims to bridge the gap between artists and the blockchain by registering world-class artworks as NFTs. APENFT leverages the Ethereum and TRON blockchains and is supported by the BitTorrent File System (BTFS) for secure and permanent storage of NFT metadata. The token has a fixed total supply of 999,990,000,000,000 and follows a deflationary model, where a portion of tokens is burned with each transaction. NFT holders can participate in voting, sharing earnings, and community activities.
APENFT (NFT) is used in various ways, primarily focused on art collection and trading. Here are some key uses:
- Investing in Artworks: APENFT purchases well-known traditional and NFT artworks as underlying assets, enhancing the NFT trading standard.
- Staking and Governance: The NFT token can be used for staking and governance purposes, providing holders with a say in the platform's direction.
- Trading: APENFT can be traded using platforms like Coinbase Wallet and PTPWallet, allowing users to buy and sell the NFT tokens.
- Digital Art Platform: APENFT serves as a platform for artists and collectors, focusing on valuable digital artworks and providing a space for creative projects.
These uses highlight APENFT's role in the NFT market, bridging traditional art with blockchain technology.
To store APENFT (NFT) tokens, you can use a variety of methods, each with its own security and convenience features. Here are some options:
Hardware WalletsHardware wallets are considered one of the safest ways to store NFTs. They are physical devices that are offline, making them less vulnerable to online hacks. Companies like SecuX specialize in hardware wallets with robust security features, such as the Infineon Solid Flash CC EAL5+ Secure Element (SE) chip for military-grade security.
Software WalletsSoftware wallets, also known as hot wallets, are digital wallets or online platforms. They are less secure than hardware wallets but offer convenience. Examples include browser extensions like MetaMask, which allows you to view and manage your NFTs. You can add NFTs manually by pasting the contract address and ID into MetaMask Mobile.
Interplanetary File System (IPFS)IPFS is a decentralized protocol that stores data across a network, ensuring that even if the platform where you bought or stored your NFTs shuts down, your NFT’s information can still be accessed. This method is particularly useful for safeguarding the value and existence of your digital collectibles.
Multi-Currency WalletsMulti-currency wallets like Guarda offer a secure and user-friendly platform for managing cryptocurrencies and tokens. You can create an APENFT wallet, buy, send, receive, and store your APENFT quickly and securely. Guarda is a non-custodial wallet, meaning you hold your own keys and have full control over your funds.
MetaMask PortfolioMetaMask Portfolio is a standalone app that helps you manage your tokens, including NFTs. You can view your NFTs by launching the app, signing in with MetaMask, and clicking on the "NFTs" tab. Some NFTs may not display correctly, but you can manually add them using the contract address and ID.
KriptomatKriptomat is a platform that allows you to buy and store APENFT and other cryptocurrencies. You can create an account, add funds, and purchase APENFT in three simple steps.
When choosing a storage method, consider factors such as security, convenience, and the type of NFT you own.
To buy APENFT (NFT) tokens, follow these steps:
Choose a Reliable Exchange:
- Find a reliable centralized exchange that supports APENFT, such as Kriptomat or MEXC.
- Alternatively, you can use a decentralized exchange (DEX) like 1inch.
Create and Verify Your Account:
- Sign up on the chosen exchange with your email, phone number, and identity verification.
- Complete the Know-Your-Customer (KYC) process for account verification.
Fund Your Account:
- Deposit funds using methods such as credit/debit cards, bank transfers, or third-party payment services like Simplex, Banxa, or Mercuryo.
Navigate to the APENFT Market:
- Go to the APENFT market on the exchange and select the amount you want to purchase.
Confirm Purchase:
- Preview the transaction and confirm your purchase to complete the transaction.
Optional: Use a Decentralized Exchange (DEX):
- If using a DEX, connect your crypto wallet (e.g., Trust Wallet) to the DEX, and trade your base currency (e.g., ETH) for APENFT.
Remember to always follow the specific instructions provided by the exchange you choose, and be cautious of market risks and price volatility.