Innovative ways to take advantage of NFTs are now being marketed - by the Kingswap Project
Abstract
Buying and owning an NFT is not like ordinary cryptocurrency trading. To purchase collectible or tokenized digital assets, you may need a digital currency such as Ether, although individual sellers can accept cash or trade.
You also need someone to transact. Since each token is unique, there is no exchange for an NFT. Conversely, there are markets that connect individual buyers with individual sellers. You have to set the price with the person selling the token. Then, you can buy them directly from them.
NFT is revolutionizing the world of gaming. Often times, in-game characters acquire tradable items such as weapons, clothing, and even property. Creating non-exchangeable tokens for these assets makes them tradable for in-game tokens or even real-world cash. As a result, an entire online digital economy for fictional goods has emerged. KINGSWAP (https://www.kingswap.io/) is the project closest to spearheading the in-game blockchain economy.
Innovative ways of utilizing NFTs are now coming to market - one of the ways for the community to benefit from buying NFTs is being offered by the Kingswap Project.
About KingSwap
KingSwap (https://www.kingswap.io/) is a regulated DeFi project based out of Singapore that is introducing a liquidity pool platform with fiat conversions. KingSwap’s high-yield liquidity platform offers extensive staking rewards and digital collectibles. The project is based on Uniswap and set to launch in October 2020.
KingSwap is a new and exciting Decentralized Digital Exchange that challenges the competitive models and protocols of an already successful DeFi protocol – UniSwap. KingSwap is a fork of UniSwap with some new features and the key difference being autonomous community governance.
KingSwap is decentralized finance (DeFi) liquidity pool platform which is an evolution and better than Uniswap and Sushiswap. The solution provided by KingSwap is the ease and convenience of fiat and cryptocurrency conversion for users. KingSwap bridges the world of fiat and cryptocurrency.
On the other hand, KingSwap is paying attention to crypto enthusiasts by building a decentralized exchange platform that brings some new Blockchain community-oriented features to the core design of Uniswap, which provides a real-time user-friendly advantage in terms of price curves and contributor rewards.
The KingSwap protocol is designed in such a way by a professional team, which offers aligned incentives for each participant who joins by introducing strategies such as pool rewards & network effects. This way users can experience real benefits in participating in the network or pool.
KingSwap Features
Convert Tokens to Fiat Currencies: KingSwap allows users to easily convert their tokens to fiat currencies through its "off-ramp fiat conversions" feature. This feature allows users to easily switch their $ KING to FIAT currencies.
Legal: Unlike other DAOs that do not have clear legal support, KingSwap is a platform that pays attention to user convenience. Therefore KingSwap has a legal structure that will provide legitimacy and a reliable regulator that will support the KingSwap team.
Liquidity:
Every time a user participates in providing liquidity into the pool, the user will be entitled to a $ KING token, which allows the user to get a portion of the protocol's fee.
Get rewarded:
Every participant such as swapper and liquidity providers will be entitled to a reward for their loyalty. Rewards can be in the form of 0% card transaction fees, higher interest and merchant benefits like FREE Netflix, Spotify accounts and exclusive members access to worldwide airport lounges, and many others.
UI Interface: The KingSwap platform has a beginner-friendly interface and is almost similar to UniSwap and SushiSwap. So if users have previously used UniSwap or SushiSwap, they will be familiar with the KingSwap interface.
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Kingswap Smart-contract
KingSwap has a smart contract which is named "The Royal Decree" which is intended to facilitate and secure every transaction processed on the platform. The public can view available smart contracts at the following link https://github.com/KingLuigy/KingSwap_NFT
No More "Fishy" Smart-Contract Code!
A few weeks before as we know some news about "Backdoor" Code on the smart contract on one of the DeFi platforms, it was Unicat, which is harm to the community. KingSwap Source Code can be seen by everyone here https://github.com/KingLuigy/KingSwap_NFT, It has been audited by trusted parties and of course provides security for its users beside that no more Backdoor code that trick the community!
KingSwap Token
This is a token intended for High Yield Staking LP. This token will be a reward for participants who take part in liquidity mining. Users can use this token for various purposes such as conversion to fiat, participating in the ecosystem, exchanging goods or services, or others.
Early Adopters Advantage
KingSwap provides NTFs tokens for early adopters. NTFs tokens are non-fungible tokens are used to create verifiable digital scarcity, as well as digital ownership, and the possibility of asset interoperability across multiple platforms. KingSwap provides 3 Tiers of NFTs including, King Tier, Queen Tier, and Knight Tier, each of which has its benefits.
King Token NFTs Presale
For more information, please contact hello@kingswap.io
Roadmap
The conclusion
Large financial institutions and astute entrepreneurs are rushing to learn more about this exciting technology. However, if you also want to profit from this venture, one of the most important things you need to do is choose the best crypto exchange that is right.
KingSwap is the UniSwap branch that will challenge Sushiswap and Uniswap! KingSwap will provide new features which are not yet available on Sushiswap and Uniswap. KingSwap will maximize the DeFi protocol and become a better Decentralized Exchange platform compared to Sushiswap and Uniswap so that many participating parties can feel the impact of the "real" DeFi
MORE INFORMATION
KingSwap Website: https://www.kingswap.io/
Discord: https://discord.gg/fD2DrJY
Telegram group: https://t.me/kingswap
Twitter: https://twitter.com/defi_kingswap
Instagram: https://www.instagram.com/defi_kingswap
Author : michael jose
Bitcointalk profile : https://bitcointalk.org/index.php?action=profile;u=1917269
ETH wallet : 0x4Fc47233411361C0c479FF6B5DB52e635394fbac
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