DUBAI, UAE / ACCESSWIRE / October 11, 2022 / The Benfa team is pleased to announce the launch of a unique multi-platform decentralized NFT project.
About Benfa
Benfa is a multi-chain Non-Fungible Token (NFT) marketplace on the main platform. The marketplace is designed for some credible projects that will add value to GameFi, the marketplace, and the entire Metaverse.
According to the Benfa team, its primary objective is to offer a lasting solution to the pricing challenge in the NFT market through its DA mechanism.
While highlighting the benefit of its price discovery mechanism, Benfa noted that “An efficient price discovery mechanism will enable participants to transact faster and increase liquidity through tokenization.”
The price discovery mechanism will ensure that various asset classes of NFTs such as NFTs, GameFi, NFTs and a number of others can profitably monetize.
Through these various projects, it hopes to provide NFT holders with a memorable user experience that will make the platform worthwhile for them.
Functions
Exclusivity
Benfa will store files and data in extended NFTs that are exclusively available to owners. Therefore, users can retain sole ownership of their data while creating exclusive content.
Zero ownership
No one owns the contract as the team waives it from the start of the project. Thus, no one has the authority to change the code and own it. Zero ownership is beneficial to the community of users.
Scalability
Leveraging Binance Smart Chain’s NFT alley scalability feature, users can conduct NFT transactions easily and seamlessly. This will increase the pending trade.
Royalty Incentive
According to the Benfa team, creators will receive royalties every time their works are reproduced, thanks to the NFT smart contract integrated into the platform.
With the smart contract, creators can quickly and smoothly collaborate with their republishers. This will open up an additional source of income for both parties and ensure that creators are adequately rewarded for their efforts.
The Benfa team also announced that the NFT marketplace project is a cross-chain project and will launch the token sale after two days on the Pinksale.
Social Media
Website: http://www.benfa.io/
LinkedIn: http://linkedin.com/company/benfanet
Twitter: https://twitter.com/benfanetwork
GitHub: http://github.com/Benfanetwork
Telegram: @BenfaNetwork
Contact information:
Name: Ben Jalilian
Email: [email protected]
SOURCE: Benfa
