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Nzvedaz Big Five Project is leveraging blockchain to build Africa's first NFT marketplace and diverse metaverse, powered by its deflationary BFT token.
Nzvedaz Big Five Project aims to transform technological innovation in Africa by developing the continent's first NFT marketplace, empowering African artists with blockchain-based ownership and royalties. It also encompasses a diverse African-themed metaverse, offering activities like virtual Kilimanjaro climbs and virtual land ownership. The Big Five Token (BFT), a deflationary cryptocurrency on the BNB Smart Chain, powers the ecosystem, facilitating transactions, NFT listings, and play-to-earn gaming. The project plans a 1% monthly token burn, targeting a 25% supply reduction in two years to enhance value. Despite BFT's current total supply of over 85 billion tokens, none are yet in circulation, with trading active across multiple markets. The project holds promise for early investors, aiming to incorporate real-world use-cases such as fractional insurance solutions to increase BFT's value and utility.
Nzvedaz Big Five Project aims to transform technological innovation in Africa by developing the continent's first NFT marketplace, empowering African artists with blockchain-based ownership and royalties. It also encompasses a diverse African-themed metaverse, offering activities like virtual Kilimanjaro climbs and virtual land ownership. The Big Five Token (BFT), a deflationary cryptocurrency on the BNB Smart Chain, powers the ecosystem, facilitating transactions, NFT listings, and play-to-earn gaming. The project plans a 1% monthly token burn, targeting a 25% supply reduction in two years to enhance value. Despite BFT's current total supply of over 85 billion tokens, none are yet in circulation, with trading active across multiple markets. The project holds promise for early investors, aiming to incorporate real-world use-cases such as fractional insurance solutions to increase BFT's value and utility.
The Big Five project aims to revolutionize technological innovation in Africa by leveraging blockchain technology. By creating Africa's first NFT marketplace and a diverse metaverse, the project seeks to bridge the gap in technology for African artists and communities, ensuring secure ownership and royalties through smart contracts.
African artists can greatly benefit from The Big Five NFT marketplace by leveraging NFT technology to secure ownership of their works and receive guaranteed royalties. This platform opens up a broader market beyond local tourism, enabling artists to reach a global audience and optimize revenue streams.
BFT is the native token in The Big Five ecosystem, used for listing NFTs, paying transaction fees, and participating in play-to-earn games. Its deflationary nature, with a 1% monthly burn mechanism, aims to increase value by reducing supply, making it attractive for early investors as the ecosystem expands.
Unlike traditional NFT marketplaces confined to specific regions or concepts, The Big Five uniquely focuses on African art and culture, providing artists with secure ownership and royalties through blockchain technology. Additionally, it offers a metaverse experience highlighting Africa's diversity and natural resources.
In The Big Five's metaverse, users can engage in activities such as climbing virtual Kilimanjaro, exploring diverse ecosystems, and owning virtual lands that reflect Africa's natural wealth. The metaverse showcases Africa's rich biodiversity, offering an immersive cultural experience for global users.
The deflationary model of the BFT token, which includes a 1% monthly supply burn, aims to decrease the total supply by 25% in two years. This burn mechanism creates scarcity, potentially increasing the token's value, thus offering early investors and holders the opportunity to gain from their investments as demand grows.
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