Zebpay’s Non-Fungible Token Dazzle is all set to take over Indian Cryptocurrency Market.

XcelToken Plus
XcelPay Magazine
Published in
Nov 13, 2020

Zebpay, a cryptocurrency exchange that claims to have a user base of over three million in India is soon going to launch a new marketplace called Dazzle. Through Dazzle, people can meaningfully engage with blockchain technology in a manner that exceeds cryptocurrency trade. Dazzle shall be offering and promoting Zebpay’s native non-fungible tokens (NFT)- Dazzle to India’s five million active crypto users.

Furthermore, representatives of Zebpay shared with Cointelegraph that its Non Fungible Tokens can provide unique opportunities to artists to protect their digital copyrights and to monetize their work. NFTs have already gained some traction in the blockchain world by gaining recognition from top soccer clubs to Formula1 and a range of franchises. NFTs are also gaining popularity in video games, digital art, and fantasy sports market.

Non Fungible Tokens are unique , but tradable digital assets that can vary in rarity and can be used to represent a wide array of digital and virtual goods and products. As shared by Zebpay, the exchange will be distributing tokens to its members through various programs. The company does not plan on selling the tokens. Instead, it will be rewarding its most loyal and active user base with Tokens at zero membership and zero trading fees.

Talking about Tokens, like Zebpay, even Xcellab offers — XcelToken Plus an ERC-20 token on Ethereum Blockchain Platform. It is a unique utility token that can currently be used on multiple platforms, you can book over 400+ flights and 2.3 million hotels around the globe. XcelToken PLUS is surely one of a kind!

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