Social NFT: NFT Marketplace for Influencers

A few years ago, we conferred value on tangible goods that we could touch and see (gold, stamps, works of art), and now we increasingly do it on intangible goods that we mostly see, but probably cannot touch. Cryptocurrencies are an approximation to that principle, but NFTs go a bit further and apply that concept of the store of value to those more collector-oriented objects. So, the project I'm going to present you is SOCIAL NFT (https://socialnft.market/), an online NFT marketplace for influencers and their followers where they can create and mint, and in this way earn money with your images or articles.

Definition
In more detail, SOCIAL NFT (https://socialnft.market/) is a marketplace for social media users to create NFTs of their articles or images and sell them on the platform. Thus, it is an ideal platform for YOUTUBERS, INFLUENCERS, CELEBRITIES... All transactions on SOCIAL NFT Marketplace are done using the SNFT token which is used as a utility token within the SOCIAL NFT ecosystem. What it is and what are the benefits of the SNFT token are explained in detail below.

The main idea of the project is to make NFT accessible to everyone and allow people to upload social network images and create NFT in a secure and decentralized way. With that, social network users can generate passive income from social networks and it provides another platform for their publications. The platform is accessible to any user, who once registered will be able to buy or sell items, images, etc. from the platform's marketplace.

Features
Rewards: SOCIAL NFT gives benefits to those users who are active within the platform.
Collect: Any user can buy items from their favorite celebrity.
Low fees: Since the platform is launched on Binance Smart Chain, the transaction fees are the lowest in the market.
UX / UI: User-friendly application for any user, facilitating access to buy and sell NFT in a simple way.

Tokenomics
SNFT will be the SOCIAL NFT token, which will be based on the Binance Smart Chain NFT platform under BEP-721 protocol. The platform will be launched on the Binance Smart Chain (BSC) network because it is a blockchain network built for running smart contract-based applications, which allows users to get the best of both worlds: the high transaction capacity of BC and the smart contract functionality of BSC. What is special about Binance Smart Chain is its low fees and fast transaction speed, but what is even more special is its compatibility with EVM (Ethereum Virtual Machine). Due to EVM compatibility, DApps developed on Ethereum can be ported (imported into Binance Smart Chain as-is), and Ethereum wallets like Metamask can be used as-is.

The token will serve as governance, allowing stakeholders to vote, modify or change the base protocols on the platform. The majority of token holders will receive rights over the platform and the community ecosystem, such as determining the outcomes of crucial decisions, adjusting key parameters such as the fee rate and community-based initiatives.

In addition to this utility, SNFT has many more:
● Network fees: with SNFT, users within the platform will be able to pay any type of fee.
● Payment: Use SNFT for any payment within the SOCIAL NFT marketplace, both purchases, sales...
● Fees: All NFT Marketplace application fees, including publishing fees, are paid with SNFT.
● Rewards: All the rewards you generate through the platform will be distributed through the SNFT token, which can then be used to pay for other things within the marketplace or use it for other purposes explained elsewhere.
● Membership: in addition to participating in governance, the SNFT token gives other rights and protections such as a reduction in fees.

Bounty program
The project gives the opportunity to earn SNFT tokens performing some social media tasks and doing simple steps from the bounty program explained into the following Bitcointalk Thread here (https://bitcointalk.org/index.php?topic=5340981.0), where you can access the link in order to see what are the conditions to become an early SOCIAL NFT contributor and start acquiring tokens.

For more information about the project, you can visit and read their WhitePaper available here (https://socialnft.market/whitepaper.pdf). You can also stay tuned to their official Telegram Channel (https://t.me/SocialNFT/82). I hope you liked the post and soon I'll send you new ones.

Conclusion
Undoubtedly, SOCIAL NFT Marketplace will be a great revolution within the NFTs market by connecting non-fungible tokens with social networks. In addition, NFTs will soon be launched within the Binance platform, which will already be a big change, and with SOCIAL NFT, the boom will be even bigger, giving way to all social networks to be able to use this mechanism in an easy and simple way.

Social Media Links
Instagram: https://www.instagram.com/social.nft.marketplace/
Facebook: https://www.facebook.com/Social-NFT-Marketplace-107634801407846
Twitter: https://twitter.com/NftSocial
Telegram: https://t.me/SocialNFT/82

Author
Bitcointalk username: injhagi
Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=2622047;sa=summary
Bsc address: 0x04953C32c8Df985A68C85B19E79fdD82171Ffb60