What is APENFT?
APENFT was created to meet opportunities and address pain points in the NFT market by building a bridge between artists and blockchains. Its aim is to make art accessible to all by registering world-class artworks as NFTs on the blockchain. APENFT leverages its strengths in technology and the digital industry with a core emphasis on networking between world-class artists and the NFT world; investing in top NFT platforms, artworks, and artists; sponsoring galleries and art exhibitions; and distributing awards to support artistic creation and criticism.
NFT is the official governance token for the APENFT ecosystem. It is a decentralised digital asset that is backed by ERC-20/TRC-20 protocols.
A brief history of APENFT
APENFT officially registered in Singapore on 29 March 2021. It is supported by the underlying technology of blockchains Ethereum and TRON, and backed by the BitTorrent File System (BTFS). The majority of the original APENFT team were conventional art industry specialists with expertise from art institutions like Christie's and Sotheby's, and professional engineers with blockchain and cryptography knowledge from leading Internet companies.
By transforming the way classic art pieces are valued, APENFT enables fairer and more transparent pricing of artworks. It invests significant resources in nurturing NFT artists and providing them with a comprehensive growth path. NFT is APENFT’s decentralised digital currency. With it, NFT holders have the right to vote, share earnings, and take part in community activities. The total supply of NFT is 999,990,000,000,000.
The APENFT Marketplace is a multichain metaverse GameFi and NFT trading platform using the TRON and Ethereum Layer-1 protocol with BTFS decentralised storage. Users can discover collections, buy and sell, upload artworks with title and description, and create their own NFT collections.
How APENFT works
APENFT is supported by BTFS and the underlying technology of top-tier blockchains Ethereum and TRON. It aims to register world-class artworks as NFTs on the blockchain, which are converted into unique ERC-721/TRC-721 tokens.
The tokens are kept in ERC-20/TRC-20 smart NFT contracts as NFT tokens, and NFT holders own the rights and interests in the underlying artworks. Corresponding ERC-721/TRC-721 token information and artwork records are permanently saved on the BTFS network.
APENFT’s goal is to build up multiple nodes on the blockchain — including artworks, artists, community, and a committee of experts — to realise functionalities and address major issues (such as centralised valuation, illiquidity, and counterfeits) in the current artworks market.
What is APENFT used for?
APENFT assists in converting artworks and artists on-chain with a single click, injecting new values into classic art pieces.
APENFT's purpose as an organisation is to help artists and related organisations in addition to registering works as NFTs on-chain. APENFT recruits a large number of professionals to observe and lead the sector via an in-depth study of policies and industry reports.
APENFT, the only token released by APENFT, is its decentralised digital currency established in accordance with the ERC-20/TRC-20 protocol; it also acts as the foundation's Proof of Stake (PoS). It is the official governance token issued by APENFT and serves as proof of rights on APENFT.
NFT holders can vote, share profits, and receive NFT airdrops. The token is traded on many centralised exchanges (CEXs) and decentralised exchanges (DEXs), including Huobi, Kucoin, Uniswap, and Pancakeswap. The overall trading value of NFT tripled, reaching US$250 million at the end of 2020. The total sales of NFT in March 2021 alone surpassed US$220 million. It is proposed that within the next 10 years, half of the world's top 100 artists and artworks will be registered as NFTs.
FAQs
APENFT's price today is US$0.0000004117, with a 24-hour trading volume of $12.31 M. NFT is -1.33% in the last 24 hours. It is currently -9.22% from its 7-day all-time high of $0.0000004535, and 0.27% from its 7-day all-time low of $0.0000004106.
Does apenft have value? ›
APENFT Price Live Data
The live APENFT price today is $4.51e-7 USD with a 24-hour trading volume of $15,907,205 USD. We update our NFT to USD price in real-time.
What is the price prediction for apenft 2035? ›
APENFT price prediction 2035: APENFT's price for 2035 according to our analysis should range between $0.0000023 to $0.0000035 and the average price of NFT should be around $0.0000029.
What is the future of the Apenft coin? ›
APENFT (NFT) Price Prediction 2028
With increased investment and adoption, the APENFT Coin can significantly increase its value within the next 4 to 6 years. By 2028, the projected maximum price of NFT crypto could be around $0.00000323, assuming favorable conditions in the market.
What can I do with Apenft? ›
What can I do after I buy APENFT?
- Hold. Keep your NFT investment safe and track its growth on Kriptomat.
- Swap. Exchange your APENFT for other cryptocurrencies on Kriptomat to effortlessly diversify your portfolio.
- Sell. Sell your APENFT for euros and seamlessly withdraw the money back to your linked bank account or card.
Can APENFT (NFT) cryptocurrency reach 1 cent? Yes, it's very possible that's if the trading volume in a day in very high, You can also look out for CREDEFI, seascape and Spellfire these are amazing projects that are set to do well as well.
What is the price prediction for apenft in 2025? ›
Compared to the beginning of 2024, the ROI for APENFT is +1.59%. It is expected that the price of APENFT will reach $0. {6}5109 by the end of 2025, with a cumulative ROI of +15.10% by 2025. The APENFT price is expected to reach $0.
What is the price of apenft in 2030? ›
APENFT continues its growth trajectory, and according to analysts, it will start the year with a price of €0.00000307 and is projected to finish 2030 with a value of €0.00000340.
What is the price prediction for ape coin in 2025? ›
ApeCoin price prediction 2025
According to technical analysis, it is predicted that the minimum trade price of APE will be around $14.54 and the maximum will be $17.66 in 2025.
What is the price prediction for ape coin in 2040? ›
By 2040, the maximum price of the APE Coin is projected to be around $121.29. Our average price forecast for ApeCoin is $118.82 in 2040. Conversely, if the market turns bearish, the minimum price level of APE Coin could fall down to $115.67 by 2040.
The ApeNFT platform functions as a trading space for GameFi tokens and Metaverse NFTs. It is a multi-chain marketplace platform that is implemented on the Ethereum, Tron and Binance Chain networks.
How to convert apenft to usd? ›
NFT / USD Conversion Tables
The conversion rate of APENFT (NFT) to USD is $0.0 64229 for every 1 NFT. This means you can exchange 5 NFT for $0.00000211 or $50.00 for 118221453 NFT, excluding fees. Refer to our conversion tables for popular NFT trading amounts in their corresponding USD prices and vice versa.
What is the value of Apenft on Binance? ›
The live price of APENFT is $ <0.000001 per (NFT / USD) today with a current market cap of $ 426.52M USD. 24-hour trading volume is $ 23.72M USD.
Is Apenft worth anything? ›
The live APENFT price today is $0.0000004 with a 24-hour trading volume of $16.53M.
Will Binance list Apenft? ›
The possibility of APENFT's listing on Binance in 2024 exists, but it depends on various factors aligning strategically. Continued growth of the APENFT ecosystem, sustained trading volume, and a favorable regulatory environment could pave the way for its inclusion on the major exchange.
Can I sell Apenft? ›
Sell APENFT
Once sold, you can store the euros for as long as you want, send them to others, use them to buy other cryptocurrencies, or withdraw them to your bank.
Is ape coin worth anything? ›
The current price of ApeCoin is $0.74 per APE. With a circulating supply of 604,895,833 APE, it means that ApeCoin has a total market cap of $486,080,659.79. The amount of ApeCoin traded has fallen by $29,099,486.96 in the last 24 hours, which is a 38.96% decrease.
How to convert apenft to USD? ›
NFT / USD Conversion Tables
The conversion rate of APENFT (NFT) to USD is $0.0 64229 for every 1 NFT. This means you can exchange 5 NFT for $0.00000211 or $50.00 for 118221453 NFT, excluding fees. Refer to our conversion tables for popular NFT trading amounts in their corresponding USD prices and vice versa.
