NFTb Token Utility

We’re excited to share that NFTB will be acceptable as a form of payment to buy and sell NFTs on NFTb from Mid-August.

By choosing to accept NFTB as payment, users will no longer have to pay for any service fees when transacting on NFTb. This makes transacting on NFTb compared to other platforms attractive at a time when many platforms are taking up to 20% of the transaction value in service fees.

How it works

A user can list an item for sale on NFTb and choose to accept the NFTB token by clicking on the drop-down when setting a price.

How else can NFTB be used?

Using NFTB as a form of payment is only one of the ways that users can expect to participate on the NFTb platform.

Here are a few others that are currently in development:

Governance

We believe that the best way to align platform development with our user’s interests is to empower our community with the ability to participate in important decisions.

Our ultimate goal for NFTb is to create a community-owned platform that works as a Decentralized Autonomous Organization (DAO), where the important decisions regarding growth such as platform upgrades and marketing decisions are decided by the community

Platform Services

Our mission is to create a platform to help creators access the best DeFi and NFT opportunities. This includes providing creators with opportunities to drive awareness to their work.

Currently, our marketing and operations team are supporting verified creators by providing exclusive access to promotional activities such as:

• Social Media Promotion on NFTb’s Instagram and Facebook accounts
• Promotion in NFTb’s Top Weekly NFTs newsletter and blog
• Feature on nftb.io homepage

Top artists will also have premium access to:

• Promotion opportunities with NFTb’s partners
• Promotion on NFTb’s paid social media campaigns
• Artist profile building opportunities
• Offline and online art features

As NFTb continues to make strides in the development of its platform and further grow the quantity of premium artists on our platform, develop our marketing channels and expand our communities, these services will be offered to artists who want additional support and be transacted in NFTB.

And many more use cases for the NFTB token are yet to be announced!